Indian firms supplying US tech to Huawei may face US sanctions - ET

The Indian financial newspaper, the Economic Times, reported the recent comments by the Indian Telecoms and IT Minister Ravi Shankar Prasad, citing that the Indian companies supplying US-made technology components to the Chinese Huawei Technologies may face penalties under the US regulations.

Further, Prasad said the government has not yet taken a call on whether to ban the Chinese telecom equipment maker

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ANZ analysts note that the weakness in retail sales continued in May for the Australian economy, with only a slight tick-up after the April decline as
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