U.S. court issued Huawei CFO arrest warrant in August
A New York court issued an arrest warrant for Huawei Technologies’ chief financial officer Meng Wanzhou on Aug. 22, asking she be detained to stand trial to face U.S. charges, according to documents released during her bail hearing in Canada on Friday….
Exclusive: Chat-service firm Slack taps Goldman Sachs to lead IPO – sources
Slack Technologies Inc, a provider of chat and direct messaging services for businesses, has hired investment bank Goldman Sachs Group Inc to lead its initial public offering (IPO) next year as an underwriter, people familiar with the matter said.
Wall Street tumbles, indexes post biggest weekly losses since March
Wall Street’s main indexes fell more than 2 percent on Friday in a broad sell-off led by declines in big Internet and technology shares, and posted their largest weekly percentage drops since March as concerns over U.S.-China trade tensions and interes…
U.S. seeks extradition of Huawei CFO over Iran links, court hears
U.S. prosecutors want to extradite a top executive of China’s Huawei Technologies Co Ltd [HWT.UL] to face accusations she covered up links to a company that sold equipment to Iran despite U.S. sanctions, a Vancouver court heard on Friday.
U.S. wants Huawei CFO to face charges over Iran sanctions, court hears
U.S. prosecutors want a top executive of China’s Huawei Technologies Co Ltd [HWT.UL], the world’s largest supplier of telecommunications network equipment, to face charges of fraud linked to the skirting of Iran sanctions, a Vancouver court heard on Fr…
Bullard: U.S. monetary policy at a ‘crossroads,’ rates appropriate
U.S. monetary policy is at a “turning point,” St. Louis Federal Reserve bank president James Bullard said on Friday, as the Fed balances the behavior of inflation, the economy, and the rate hikes it has approved so far.
Fed policymakers signal turning point on U.S. rate-hike path
The U.S. central bank is flagging a turning point in monetary policy, as a Federal Reserve policymaker on Friday backed interest rate hikes in the “near term” but nodded to increasingly less certainty ahead.
Fed’s Bullard says ‘real risk’ of yield curve inverting this month
Recent market developments and an expected Federal Reserve interest rate increase means there is a “real risk” of the yield curve inverting this month, St. Louis Federal Reserve bank president James Bullard said on Friday.
Global shares mixed as trade worries loom; oil surges
Concerns over China-U.S. trade tensions gave European shares their worst week of losses in two months and sank U.S. stocks on Friday, overshadowing the lift from higher oil prices and jobs data.
Wall Street drops 2 percent as trade worries flare
Wall Street’s main indexes fell more than 2 percent on Friday, led lower by technology and healthcare shares, as investors digested renewed U.S.-China trade tensions and a turbulent week of trading neared an end.
