Huawei CFO arrested in Canada at behest of US

Discussion in 'Wall St. News' started by Cuddles, Dec 6, 2018.

  1. dealmaker

    dealmaker

    Huawei Praise

    In a viral video that obviously refers to a totally normal technology firm without excessive ties to the state, Chinese children are seen singing "Huawei is beautiful," "What is the best phone in the world? Everyone says it's Huawei," and "Huawei is earning reputation and honor for China." The video's virality was reported by the state-run Global Times, and Huawei claims to have nothing to do with it. CNBC
     
    #51     Feb 28, 2019
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    Huawei Suits

    The lawyers for Huawei's chief financial officer are suing the Canadian government and law enforcement over her detention and interrogation. Meng Wanzhou is set to be extradited to the U.S. to face fraud charges relating to Huawei's alleged Iranian sanctions-busting. Meanwhile, the Chinese company itself is reportedly planning to sue to the U.S. government for banning its equipment's use by federal agencies. New York Times
     
    #54     Mar 4, 2019
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  5. dealmaker

    dealmaker

    Huawei Suit

    Huawei has launched its lawsuit against the U.S. government for banning federal use of the company's equipment, claiming the move is unconstitutional. It's also launched a massive ad campaign to try to get the public on its side. "We are left with no choice but to challenge the law in court," said rotating chairman Guo Ping. The court in question is in Plano, Texas. Guardian
     
    #55     Mar 7, 2019
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    dealmaker

    Beijing Praises Huawei

    Someone's happy with Huawei's lawsuit against the U.S.: China's government. Foreign Minister Wang Yi on Friday applauded the telecom giant for "refusing to be victimized like a silent lamb," as he tied the outcome of the dispute to China's national interests. Huawei on Wednesday sued the U.S. government, claiming that the ban on U.S. government agencies buying its equipment violated multiple constitutional principles because it singled out the company without evidence. Wall Street Journal
     
    #56     Mar 8, 2019
  7. dealmaker

    dealmaker

    Pressure mounts in Canada. Huawei CFO Meng Wanzhou appeared in court in Vancouver on Wednesday to be assigned a date for her extradition hearing. The hearing will be on May 8. Meng's extradition is likely to proceed as Canada traditionally honors extradition requests from the U.S. However, Chinese authorities announced last week that the two Canadian citizens they have detained since Meng's arrest in Vancouver are now suspected of working together to steal state secrets. Bloomberg
     
    #57     Mar 9, 2019
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    dealmaker

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    #58     Mar 11, 2019
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    #59     Mar 17, 2019
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    EU on Huawei

    Sticking with the EU, the European Commission has decided to snub the U.S.'s push for a blanket ban on Huawei and ZTE equipment in 5G networks. Instead, the EU executive will urge member states to keep a close eye on the Chinese vendors' equipment via risk assessments and security checks. Politico
     
    #60     Mar 27, 2019