Tag Archives: executive

Top Huawei executive arrested on U.S. request, clouding China trade truce

VANCOUVER/BEIJING (Reuters) – The daughter of Huawei’s founder, a top executive at the Chinese technology giant, was arrested in Canada and faces extradition to the United States, stirring up fears it could reignite a Sino-U.S. trade row and roiling global stock markets. The arrest of Meng Wanzhou, 46, who is Huawei Technologies Co Ltd’s chief financial officer, threatens to drive ...

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Global stocks slump on China executive arrest, oil spills into OPEC

LONDON (Reuters) – Global stock markets slumped for a third day running on Thursday as the arrest of a top executive of Chinese tech giant Huawei in Canada for extradition to the United States fed fears of fresh tensions between the two economic superpowers. The arrest of Huawei’s chief financial officer, Meng Wanzhouof, who is also the daughter of the ...

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Futures drop as Huawei executive arrest fans China-U.S. worries

(Reuters) – U.S. stocks were set to tumble on Thursday as the arrest of a top executive of Chinese tech giant Huawei for extradition to the United States sparked fears of a flare-up in Sino-U.S. tensions, while sliding oil prices added to the pressure. A trader works on the floor at the New York Stock Exchange (NYSE) in New York ...

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European stocks slump to two-year low after China executive arrest

LONDON (Reuters) – Global stock markets slumped for a third day running on Thursday as the arrest of a top executive of Chinese tech giant Huawei in Canada for extradition to the United States fed fears of fresh tensions between the two economic superpowers. The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, ...

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Huawei executive arrested in Canada

Image copyright Getty Images Canadian authorities have arrested Huawei’s chief financial officer at the request of US law enforcement. Meng Wanzhou, who is also deputy chair of the Chinese telecoms giant, was arrested in Vancouver on 1 December, Canada’s Department of Justice said. Ms Meng, daughter of Huawei’s founder, was being sought for extradition by the US, the department added. ...

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Timeline: Regulator rejects Danske Bank’s choice for chief executive

(Reuters) – Danske Bank (DANSKE.CO), reeling from a money laundering scandal, suffered another setback on Wednesday when the Danish financial regulator rejected its candidate for chief executive on the grounds that he lacked sufficient experience. Denmark’s biggest lender released a report last month showing its branch in Estonia handled 200 billion euros ($230 billion) in transactions – 10 times Estonia’s ...

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Softbank ‘anxiously’ monitoring Saudi Arabia situation: executive

SAN JOSE, Calif. (Reuters) – Softbank Group (9984.T) Chief Operating Officer Marcelo Claure said on Tuesday it is “business at usual” at companies backed by its nearly $100 billion Vision Fund despite a tense situation with Saudi Arabia, which provided nearly half of the fund’s capital. FILE PHOTO: People walk behind the logo of SoftBank Corp in Tokyo December 18, ...

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