UPDATE 1-Huawei reprieve lifts European shares, Telecom Italia boosts Milan [Reuters]
TELECOM ITALIA (TI.A)
US:NYSE Investor Relations:
telecomitalia.com/tit/en/investors.html
Company Research
Source: Reuters
UPDATE 1-Huawei reprieve lifts European shares, Telecom Italia boosts Milan - Reuters 4 Min Read * Tech sector up as U.S. eases some Huawei restrictions * Norsk Hydro jumps after Alunorte embargo lifted * Sonova hits record high after results * Autos reverse course, now trading lower (Updates prices, adds quote) By Agamoni Ghosh and Amy Caren Daniel May 21 (Reuters) - European shares regained ground on Tuesday led by the tech sector after the United States temporarily eased restrictions on China’s Huawei. The pan-European STOXX 600 index was up 0.4% by 0840 GMT, with the trade-sensitive DAX outperforming after the U.S. Commerce Department said it would allow Huawei Technologies to purchase American-made goods to maintain existing networks and provide software updates to existing handsets. The news came as a relief to markets and lifted European chipmakers which had tumbled after reports suggested they may have to halt shipments to the Chinese telecoms tech giant. “The slight concessio
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