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A major Iranian partner of Huawei Technologies offered to sell at least 1.3 million euros worth of embargoed Hewlett-Packard computer equipment to Iran's largest mobile-phone operator in late 2010, documents show.China's Huawei, the world's second largest telecommunications equipment maker, says neither it nor its partner, a private company registered in Hong Kong, ultimately provided the HP products to the telecom, Mobile Telecommunication Co of Iran, known as MCI. Nevertheless, the incident provides new evidence of how Chinese companies have been willing to help Iran evade trade sanctions.The proposed deal also raises new questions about Shenzhen-based Huawei, which recently was criticized by the U.S. House Intelligence Committee for failing to "provide evidence to support its claims that it complies with all international sanctions or U.S. export laws."At least 13 pages of the proposal to MCI, which involved expanding its subscriber billing system, were marked "Huawei confidential" ...
FBN's Connell McShane on the rise in durable goods orders in September.
FBN's Ashley Webster breaks down the latest housing data.
BJ's Wholesale Club CEO Laura Sen on BJ's Wholesale Club's higher than expected first-quarter earnings and positive outlook.
FBN's Adam Shapiro breaks down stories that are moving the market today.
Retail Consultant Burt Flickinger breaks down why the winter white didn’t mean green for retailers.
By Nadia Damouni and Kenneth LiNEW YORK (Reuters) - Insight Communications Co, controlled by The Carlyle Group, has put itself up for auction, seeking a deal valuing...
CommScope (NYSE:CTV) is looking to raise roughly $1.5 billion in a private sale of senior notes due 2018, a move that comes on the heels of shareholder approval of i...
FBN's Ashley Webster breaks down the latest housing data.
Communications cable maker CommScope Inc (NYSE:CTV) said it agreed to be bought out by The Carlyle Group in a deal worth about $3.9 billion.Under the deal, Carlyle w...
FBN's Sandra Smith on the rise in existing home sales in the month of September.
Stock futures were pointing to a higher opening after officials at the G-20 pledged to avoid competitive currency devaluations.Here are some early-market movers for ...
FBN's Connell McShane breaks down the retailers quarterly results.
John McLemore shows you how
FBN's Connell McShane on The Carlyle Group's potential acquisition of CommScope .
FBN's Connell McShane on the outlook for the economy.
FBN's Connell McShane on the oil company's plans to sell oil fields in the Gulf of Mexico.
FBN's Connell McShane breaks down the retailers quarterly results.
FBN's Sandra Smith on the rise in existing home sales in the month of September.
FBN's Connell McShane on The Carlyle Group's acquisition of CommScope .