Headwinds facing Huawei Technologies and ZTE Corp is likely to shoot up to gale force. In a development that comes in the wake of federal prosecutors investigating alleged stealing of trade secrets by Huawei from T-Mobile and other businesses, a… Read More ›
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Huawei’s Meng Wanzhou, founder’s daughter and CFO, arrested in Canada
The arrest and the subsequent extradition to the United States is one of several headwinds facing Huawei. Countries across the world are taking steps to bar the usage of Huawei’s equipment from their core existing and future mobile operations. In… Read More ›
Swiss financial watchdog raps Credit Suisse for non-compliance to Swiss anti-money laundering processes
FINMA’s investigation has focused on Credit Suisse failing to combat corruption in cases linked to soccer body FIFA and Venezuelan and Brazilian state oil companies. On Monday, Swiss finance industry watchdog FINMA stated, the operations of Swiss multinational investment bank… Read More ›
Australian Strategic Policy Institute finds Huawei Technologies sponsoring overseas trips of Australian politicians
China’s Huawei Technologies Co Ltd, the world’s biggest maker of telecommunications network equipment, is increasingly finding it difficult to break into the U.S. and Australia telecommunication market on security concerns. A report by Australian think-tank Australian Strategic Policy Institute (ASPI)… Read More ›
VW set to plead guilty to emissions in the U.S.
While there have been hundreds of articles saying how much pollution VW has caused with its cheating scandal for which it has now agreed to pay up to $25 billion in fines in the U.S. alone, with the Trump administration… Read More ›
Paris charms London’s bankers looking to relocate following Brexit
Although French labour and tax laws are certainly a consideration, what the bankers will also have to factor in, in their decisions for relocation is Parisian charm and finesses after all “When was the last time you took your partner… Read More ›