Citigroup and BNP Paribas named in case against Huawei finance boss August 21, 2019 Citigroup and BNP Paribas have been dragged into an ongoing US court case against the chief financial officer of Chinese tech firm Huawei. The banks have been named in documents published by a Canadian court as part of extradition proceedings against Meng Wanzhou, who is currently under house arrest in the country. Read more: US [...]
US extends reprieve on Huawei ban by 90 days August 19, 2019 The US has delayed its trade ban on Huawei by a further 90 days, despite President Donald Trump’s insistence that American companies will be blocked from trading with the Chinese tech giant. Commerce secretary Wilbur Ross today said his department will extend a temporary measure that allows American companies to do business with Huawei. The [...]
Trump says he doesn’t want to do business with Huawei over ‘national security threat’ August 19, 2019 President Donald Trump has said he doesn’t want the US to do business with Huawei, following reports that his administration is set to extend a licence allowing the Chinese company to purchase US goods. Speaking to reporters on Sunday, Trump said he did not want to do business with Huawei over national security concerns. “At [...]
US security adviser John Bolton to lobby UK over Huawei stance August 11, 2019 US national security adviser John Bolton has arrived in London for talks at which he is expected to urge Britain to take a tougher stance against Chinese tech firm Huawei. Bolton is set to take part in two days of talks, as US President Donald Trump looks to strengthen ties with the new government under [...]
Huawei unveils Harmony operating system as it weans itself off Google Android August 9, 2019 Huawei has unveiled a new operating system for smartphones and other devices, as US trade restrictions threaten its access to American technologies such as Android. The Chinese firm said its smartphones will continue to use Google’s Android operating system for the moment, but that Harmony could replaced Android “immediately” if necessary. “Harmony OS is completely [...]
MPs to probe UK-China trade following Huawei saga August 8, 2019 A group of MPs is to scrutinise the UK’s trading relationship with China, in the wake of the Huawei debacle. The International Trade Committee has launched an inquiry looking at the “opportunities, challenges and risks” in trading with China both now and any that may emerge in the future. Read more: Huawei shrugs off US [...]