Deutsche Bank staff flagged Trump and Kushner activity as suspicious May 20, 2019 Multiple transactions by legal entities controlled by US President Donald Trump and Jared Kushner, his son-in-law, at Deutsche Bank in 2016 and 2017 set off illicit activity alerts on the bank’s system, according to the New York Times. Read more: Trump pardons fraudster media mogul Conrad Black Anti money-laundering specialists at Deutsche Bank recommended the [...]
Google suspends parts of business with Huawei after US ban May 19, 2019 Google has reportedly suspended some parts of its business with Huawei in the latest blow for the troubled Chinese firm. Google will suspend any business requiring the transfer of hardware and software products, except those covered by open source licences, Reuters reported, citing a source close to the matter. Read more: China threatens to strike [...]
China threatens to strike back after US Huawei ban May 16, 2019 China has threatened to retaliate against the US after President Donald Trump signed an executive order effectively blocking American companies from working with telecoms firm Huawei. Foreign ministry spokesperson Lu Kang slammed the use of unilateral sanctions on Chinese firms and said the country would take action. Read more: Former spy chief calls for UK [...]
Eurozone trade surplus grows in sign of recovery for struggling area May 16, 2019 The Eurozone achieved a better-than-expected trade in goods surplus in March, official statistics revealed today, in the latest sign of economic recovery on the continent. Read more: Global stocks reverse falls after reports Trump will delay auto tariffs Meanwhile the European Union’s trade in goods deficit with China grew and its surplus with the US [...]
Huawei poses a risk to national security and should be banned, says former spy chief May 16, 2019 Allowing Chinese tech firm Huawei to participate in the UK’s 5G network poses an unnecessary risk to national security, the former head of MI6 has warned. Sir Richard Dearlove has called for a total ban on Huawei, warning that no Chinese company could be free from the influence of the communist state. Read more: Huawei [...]
Trump pardons ex-media mogul Conrad Black after flattering biography May 16, 2019 Donald Trump has pardoned ex-media mogul and convicted fraudster Conrad Black just a year after he penned a flattering biography of the US President. Black, the former owner of the Daily Telegraph, served three-and-a-half years in prison in the US for plotting to embezzle millions of dollars from his newspaper empire. Read more: The i [...]
Huawei lashes out at US as President Donald Trump declares tech emergency May 16, 2019 Chinese telecoms giant Huawei has said it is willing to work with the Trump administration after it was slapped with a ban on buying components from US firms without special approvals. Read more: Huawei snaps up top Sky News journalist as senior spin doctor US President Donald Trump yesterday also signed an executive order which [...]
Global stocks reverse falls after reports Trump will delay auto tariffs May 15, 2019 Global stock markets have rallied after US President Donald Trump was reported to be planning to delay tariffs on car imports by up to six months. Read more: US stocks fall as industrial sector contracts for third time in four months Investors had been in sell-off mode amid heightened trade tensions between the US and [...]
US stocks fall as industrial sector contracts for third time in four months May 15, 2019 US industrial production unexpectedly fell for the third time in four months in news that will displease the Trump administration as it wages a trade war on China. Read more: European markets back in red following weak Chinese data Industrial production fell 0.5 percent in April, meaning output declined at an annual rate of 1.9 per [...]
Huawei snaps up top Sky News journalist as senior spin doctor May 15, 2019 Embattled Chinese tech firm Huawei has hired a veteran Sky News journalist as its new senior spin doctor as it ramps up efforts to quash accusations of spying. Senior Sky News editor Paul Harrison, who previously served as the network’s royal and business correspondent, has said he will join Huawei in a senior communications role [...]