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US estimates £1.4 billion bill to remove Huawei, ZTE gear

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US rural telecommunications companies that rely on federal subsidies would have to spend at least $1.837 billion ($1.4bn) to remove and replace equipment from Huawei...
Business

US sanctions 11 entities for aiding Iran’s oil sector

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The US imposed sanctions on 11 entities and three executives Thursday for allegedly aiding an Iranian energy firm that was blacklisted in January, and helping...
Business

Oil prices hold near multi-week lows on demand worries

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Oil prices edged up on Thursday, but held near multi-week lows hit overnight after U.S. data showed gasoline demand fell and recovery from the COVID-19...