In a statement, a spokesperson for Swiss banking giant Credit Suisse said, the bank has reached an out-of-court settlement with former star banker Iqbal Khan over allegations of spying that led to the resignation of its CEO Tidjane Thiam. “Everybody involved… Read More ›
spying
Leaked database reveals framework of China’s mass infiltration at companies, consulates, defense firms
In a significant development, in a report The Mail said, loyal members of the Chinese Communist Party have infiltrated some of the UK’s leading companies, as well as universities and the British consulates. The Mail’s report is based on a… Read More ›
Airbus dismisses 16 employees following German investigation
According to a statement from Airbus’ spokesman, the airplane maker has dismissed 16 employees without notice following an investigation into the potential misuse of client documents. In September, prosecutors from Munich had launched an investigation after the company notified authorities… Read More ›
AT&T’s CEO reveals Huawei’s Achilles heels
Here’s why it does not make any sense to partner with China’s Huawei, as explained lucidly by AT&T Inc’s Chief Executive Randall Stephenson. Randall Stephenson, AT&T Inc’s Chief Executive has disclosed, once you partner with China’s Huawei Technologies Co, it… Read More ›
Poland arrests Huawei employee and Polish national over espionage
The story gets interesting since the Polish national is a former agent of Poland’s internal security agency. On Friday, in a development that yet again points the finger of accusations at Chinese telecom giant Huawei, Poland has arrested a Chinese… Read More ›
Germany could ban Chinese firms from its 5G auctions
While in the past German policies have been guided by business interests rather than strategic factors, surely Germany, Europe’s biggest and strongest economy, has gained from history’s strategic insight and will take the right decision. Senior German officials are telling… Read More ›
China prefers no escalation in Sino-U.S. ties during negotiations
With a bulging trade surplus with the U.S., China has potentially much to lose if the trade conflict escalates into a trade war. Furthermore, since its military might is dependent on a booming economy, its efforts at maintaining a calm… Read More ›