The European Union should be worried about Huawei [HWT.UL] and other Chinese technology companies because of the risk they pose to the bloc’s industry and security, the EU’s technology commissioner said on Friday.
Russian Foreign Minister Sergei Lavrov said on Friday that the detention of Chinese technology giant Huawei’s chief financial officer in Canada was an example of “arrogant” U.S. policy abroad.
Brent oil futures edged higher on Friday after Russia seemed likely to contribute a bigger output cut to an OPEC and non-OPEC deal, but Saudi Arabia voiced pessimism on whether an agreement could be reached as Iran insisted on an exemption.
Nissan told Renault its Chief Executive Hiroto Saikawa was unable to attend an Amsterdam meeting because he was assisting Tokyo prosecutors investigating alleged misconduct led by Carlos Ghosn, chairman of the carmakers’ alliance, sources with knowledge of the matter told Reuters.
The European Union should be “worried” about Huawei and other Chinese technology companies because of the risk they pose to the bloc’s industry and its security, the EU tech commissioner said on Friday.
Former Nissan Motor Co Ltd chairman Carlos Ghosn signed documents for the Japanese automaker to pay him 1 billion yen ($8.86 million) of deferred annual compensation after he left the company, the Asahi newspaper reported on Friday.
A consortium led by China’s Anta Sports made an offer to acquire Finland’s Amer Sports in a deal that values the company at 4.6 billion euros ($5.23 billion), the Chinese firm said on Friday.
Iran appeared on Friday to be the main obstacle for an OPEC deal to cut oil production as the group’s leader Saudi Arabia had yet to agree exemptions for sanctions-hit Tehran, two OPEC sources said.
World stocks attempted a rebound on Friday with Asian and European markets gaining modestly after the previous day’s selloff, while oil prices fell as producers bickered over the details of an output cut.
A consortium led by China’s Anta Sports made an offer to acquire Finland’s Amer Sports in a deal that values the company at 4.6 billion euros ($5.23 billion), the Chinese firm said on Friday.
Iran appeared on Friday to be the main obstacle for an OPEC deal to cut oil production as the group’s leader Saudi Arabia had yet to agree exemptions for sanctions-hit Tehran, two OPEC sources said.
Russian President Vladimir Putin and Energy Minister Alexander Novak held discussions prior to a meeting with the Organization of the Petroleum Exporting Countries in Vienna, a Kremlin spokesman said on Friday.
Nissan Motor Co said on Friday it will recall 150,000 more vehicles in Japan due to improper final inspections before they were shipped from two Japanese manufacturing plants.
A top executive of China’s Huawei Technologies Co Ltd who is under arrest in Canada is set to appear in a Vancouver court on Friday for a bail hearing as she awaits possible extradition to the United States.
Noble Group said on Friday it will seek changes to its original debt restructuring plan, with the spotlight now moving toward what the once mighty commodity merchant has called the alternative: insolvency protection.
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