DEC
6
2018

Huawei CFO Meng Wanzhou arrested in Canada, faces extradition to United States

The chief financial officer of Chinese tech giant Huawei has been arrested in Canada. She faces extradition to the United States.

DEC
6
2018

BT removing Huawei equipment from parts of 4G network : UK

Head of MI6 had questioned Chinese firm’s involvement in UK telecoms infrastructure

DEC
6
2018

Goldman Sachs likely to boost legal reserves for 1MDB

Goldman Sachs Group Inc (GS.N) may need to boost its legal reserves by as much as $1 billion to prepare for potential penalties related to its dealings with the Malaysian sovereign wealth fund 1MDB, analysts said.

DEC
6
2018

China-US trade: China vows speedy action on trade commitments

Chinese officials have said they are "confident in implementing" trade commitments made to the US "as soon as possible", without giving details.

DEC
6
2018

Federal judge allows discovery in Trump emoluments lawsuit

A federal judge on Monday ruled that the Attorneys General of both Maryland and Washington, DC, can begin discovery as part of their suit against President Donald Trump regarding alleged unlawful profits from his DC hotel.

DEC
6
2018

Sanofi plans 670 job cuts in France by end 2020

French drugmaker Sanofi (SASY.PA) told unions on Wednesday it was planning to cut 670 jobs in France, a union representative told Reuters.

DEC
5
2018

U.S. House panel reschedules Google CEO testimony for Dec. 11

Google Chief Executive Sundar Pichai will testify before the U.S. House Judiciary Committee on Dec. 11

DEC
5
2018

Lawyers in South Korean wartime labor case set deadline for response from Nippon Steel & Sumitomo Metal

Lawyers representing South Korean plaintiffs in a World War II labor court case against Japan’s Nippon Steel & Sumitomo Metal Corp. have set a Dec. 24 deadline for the firm to show willingness to discuss a court verdict on compensation.

DEC
5
2018

Cambodia mulls law to restore opposition politicians’ rights

Cambodian parliament will consider legislation to allow politicians banned from political activity to have the ban lifted, a measure that long-serving Prime Minister Hun Sen’s government is touting as a step “to strengthen democracy and political space.”

DEC
5
2018

U.S. top court signals it will buttress anti-fraud securities laws

U.S. Supreme Court justices on Monday appeared reluctant to further limit the scope of who can be held liable for violating laws that protect investors from securities fraud as they weighed an appeal by a New York investment banker who had been banned from the industry.

DEC
5
2018

OPEC works on deal to cut output, still needs Russia on board

OPEC and its allies are working toward a deal this week to reduce oil output by at least 1.3 million barrels per day, four sources said, adding that Russia’s resistance to a major cut was so far the main stumbling block.

DEC
5
2018

Lower House approves bill creating 10-day holiday in Japan around Imperial succession : Japan

The Lower House approved a bill Tuesday to designate a one-off national holiday period to celebrate next year’s Imperial succession, creating a 10-day block of vacation for many from late April.

DEC
5
2018

Nissan delays decision on Ghosn successor

Nissan Motor Co (7201.T) failed on Tuesday to nominate a successor to Carlos Ghosn as chairman in the wake of his arrest and dismissal for alleged financial misconduct last month, a source familiar with the situation said.

DEC
5
2018

Federal judge rules against Trump administration’s restrictions on grants to sanctuary jurisdictions

Judge Edgardo Ramos, of the US District Court in Manhattan, issued a permanent injunction on Friday, blocking the Department of Justice (DOJ) from enforcing three immigration-related conditions on grants distributed in eight jurisdictions.

DEC
4
2018

As Brexit debate starts, May suffers damaging setbacks

Prime Minister Theresa May suffered embarrassing blows on Tuesday at the start of five days of debate over her plans to leave the European Union that could determine the future of Brexit and the fate of her government.

DEC
4
2018

Qatar pulls out of Opec oil producers´ cartel

Qatar has announced it is pulling out of the Opec oil producers´ cartel, just days before the group meets in Vienna.

DEC
4
2018

Spain far-right Vox party gains foothold in Andalusia election

A far-right party has won seats in a Spanish regional election for the first time in decades.

DEC
4
2018

Trump says China agreed to reduce tariffs on US car imports

Beijing will "reduce and remove" the 40% tariffs it places on US cars imported into China, US President Donald Trump has said.

DEC
4
2018

Amazon.com briefly becomes Wall Street´s most valuable company

Amazon.com (AMZN.O) briefly became the most valuable company on Wall Street in intraday trade on Monday, days after Microsoft Corp (MSFT.O) dethroned long-time leader Apple (AAPL.O).

DEC
4
2018

U.S. top court snubs environmental challenge to Trump´s border wall

The U.S. Supreme Court on Monday rebuffed a challenge by three conservation groups to the authority of President Donald Trump’s administration to build a wall along the U.S.-Mexico border, a victory for Trump who has made the wall a centerpiece of his hardline immigration policies.

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