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Chip designer ARM halts work with Huawei after U.S. ban

British chip designer ARM has halted relations with Huawei [HWT.L] in order to comply with a U.S. blockade of the company, potentially crippling the Chinese company's ability to make new chips for its future smartphones.

U.S. startup accuses Huawei executive of involvement in trade-secrets theft - WSJ

A Silicon Valley chip startup has accused a top executive of China's Huawei Technologies Co Ltd, Deputy Chairman Eric Xu, of participating in a conspiracy to steal its trade secrets, the Wall Street Journal reported https://www.wsj.com/articles/huawei-executive-is-accused-of-involvement-in-trade-secrets-theft-u-s-startup-said-in-court-filings-11558550468 on Wednesday, citing court documents.

Investors seek safety on threat of wider U.S.-China spat

Global equity markets slid on Wednesday as investors sought safety in bonds, the Japanese yen and Swiss franc amid renewed worries over the U.S.-China trade standoff after reports the United States has another Chinese tech firm in its sights.

Trump torpedoes meeting with Democrats, blasts Pelosi's 'cover-up' accusation

President Donald Trump on Wednesday abruptly cut short a White House meeting with Democratic lawmakers on infrastructure, then ripped into them over House Speaker Nancy Pelosi's accusation that he is engaged in a cover-up and asserted that he could not work with them unless they dropped multiple investigations.

Brexit crisis - Minister quits, piling pressure on May

Prominent Brexit supporter Andrea Leadsom resigned from Prime Minister Theresa May's government on Wednesday, piling pressure on the British leader after a new Brexit gambit backfired and fuelled calls for her to quit.

Factbox: Qualcomm's 'obstinance' needs monitoring - judge

Qualcomm Inc illegally suppressed competition in the market for smartphone chips by threatening to cut off supplies and extracting excessive licensing fees, a U.S. judge ruled, a decision that could force the company to overhaul its business practices.

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