Huawei CFO arrested in Canada: Canada’s Justice Dept
Canada has arrested 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.
Huawei CFO arrested in Canada for violating U.S. sanctions on Iran: report
Canada has arrested Huawei’s global chief financial officer in Vancouver, where she is facing extradition to the United States on suspicion she violated U.S. sanctions against Iran, the Globe and Mail newspaper reported on Wednesday.
Ohio lawmakers press GM CEO to shift work to plant targeted for closure
Ohio’s U.S. senators on Wednesday pressed General Motors Co Chief Executive Mary Barra to shift production from Mexico or build electric vehicles in a U.S. plant in their state that the automaker has said it intends to close.
Australia poised to force tech firms to hand over encrypted data
Australia’s parliament is poised on Thursday to pass laws requiring tech firms such as Alphabet Inc’s Google , Facebook and Apple to give police access to private encrypted data linked to suspected illegal activities.
Exclusive: Blackstone plans IPO of U.S. benefits manager Alight – sources
Private equity firm Blackstone Group LP is readying an initial public offering (IPO) of Alight Solutions LLC, a U.S. provider of healthcare and retirement benefits services that could be valued at more than $7 billion, including debt, according to peo…
Yum Brands to reduce Pizza Hut’s dine-in operations, focus on delivery
Yum Brands Inc on Wednesday forecast same-store sales growth of 2 percent to 3 percent for fiscal 2019 and said it would reduce Pizza Hut’s dine-in operations as it sharpens its focus on delivery.
Facebook gave data on user’s friends to certain companies: documents
Facebook Inc let some companies, including Netflix and Airbnb, access users’ lists of friends after it cut off that data for most other apps around 2015, according to documents released on Wednesday by a British lawmaker investigating fake news and s…
Ford’s Venezuela unit offers buyouts as output dwindles: sources
Ford Motor Co is offering buy-outs to staff at its moribund plant in Venezuela to reduce its payroll, two union leaders said, as the U.S. automaker seeks to streamline its money-losing South America operations.
U.S. confirms its Iran envoy met Saudi energy minister in Vienna
The U.S. government confirmed that Saudi Energy Minister Khalid al-Falih met with U.S. special representative for Iran Brian Hook in Vienna on Wednesday, contradicting a Saudi denial that the talks had taken place.
Exclusive: Albemarle pushes Chile to reverse lithium quota decision – filings
Albemarle Corp has launched an aggressive lobbying campaign after Chilean regulators denied its request to boost lithium output, stressing the company’s importance to Chile’s economy and workers, according to records reviewed by Reuters.
