It seems like every asset bubble has a famous anecdote of someone claiming, right at the top, that a crash is impossible.
Author: Agency Staff
The Trump administration has insisted the arrest of a top Huawei executive has nothing to do with trade talks. In Beijing, it’s just the latest US move to contain China’s rise as a global power.
The arrest last week in Canada of Meng Wanzhou, the chief financial officer of Huawei Technologies, China’s iconic company, is a watershed event.
A coalition of human rights groups and activists, including former National Security Agency contractor Edward Snowden, are demanding more details on the search giant’s potential plans to build out its China business.
Qualcomm said it has won a ruling in China against Apple that bans the sale of some iPhone models in that country.
If the US continues to play hardball on Huawei, don’t rule out Beijing at least reminding American officials of the bazooka in its cupboard
FirstRand is emulating Amazon.com with a digital offering that will span everything from insurance, car licence renewals to locating plumbing services as the South African bank chases new revenue sources.
China has threatened Canada with grave consequences if a top executive at Huawei is not immediately released, calling her arrest as she changed planes in Canada “unreasonable, unconscionable and vile in nature”.
Uber Technologies has joined rival Lyft in filing for an initial public offering, according to a person familiar with the matter.
China’s Huawei is planning to overhaul its global software systems as it tries to avoid a ban in the UK and other European markets, after previous piecemeal fixes failed to assuage national security concerns.