China telecoms giant Huawei CFO arrested in Canada
Canada has arrested Chinese telecoms giant Huawei’s global chief financial officer in Vancouver, where she is facing extradition to the United States, Canada’s Department of Justice said on Wednesday.
Australian bid to force tech firms to hand over encrypted data passes first hurdle
The Australian parliament’s lower house passed a bill to force tech firms such as Alphabet Inc’s Google , Facebook and Apple to give police access to encrypted data on Thursday, pushing it closer to becoming a precedent-setting law.
Oil prices dip as stock markets slide, but trading tepid ahead of OPEC meeting
Oil prices fell along with weak stock markets on Thursday, but trading was tepid ahead of a meeting by producer group OPEC that is expected to result in a supply cut aimed at draining a glut that has pulled down crude prices by 30 percent since October…
Chinese embassy demands release of Huawei CFO arrested in Canada
China’s embassy in Canada criticized Canada and the United States on Thursday for wrongfully arresting a senior executive at Chinese telecoms giant Huawei [HWT.UL] and demanded her immediate release.
Uber plans smaller, more cautious self-driving car launch
Uber Technologies Inc’s is plotting the return of its self-driving cars, but the company known for its hard-charging style is taking a much more conservative approach as it tries to recover from a fatal accident that upended its autonomous vehicle pro…
China hails Trump-Xi summit, but offers no new details
The summit between President Xi Jinping and his U.S. counterpart Donald Trump in Argentina was “friendly and candid” and would help to avoid further trade tensions, a senior Chinese diplomat said on Thursday, but offered no new details on the talks.
Oil prices ease in cautious trading ahead of OPEC meeting
Oil prices dipped on Thursday in tepid trading ahead of a meeting by producer group OPEC that is expected to result in a supply cut aimed at draining a glut that has pulled down crude prices by 30 percent since October.
GM CEO will keep ‘open mind’ on plant closings, acknowledges anger
General Motors Co Chief Executive Mary Barra on Wednesday vowed to keep an “open mind” about the future of an Ohio plant that will lose vehicle production, but warned the Detroit automaker has excess capacity and did not suggest the company was recons…
GM CEO says it would be ‘very costly’ to move Mexico SUV production
General Motors Chief Executive Mary Barra said on Wednesday the automaker is about to launch production of the Mexican-built Chevrolet Blazer and said it would be “very costly” to move production to a U.S. plant.
U.S. stock futures fall, Asia follows after Canada arrests Huawei CFO
U.S. stock futures and Asian shares tumbled on Thursday after Canadian authorities arrested a top executive of Chinese tech giant Huawei for extradition to the United States, fanning fears of a fresh flareup in tensions between the two superpowers.
