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Friday, December 7, 2018

Exclusive: U.S. probe of China's Huawei includes bank fraud accusations: sources

Chinese telecoms giant Huawei Technologies Co Ltd's chief financial officer was arrested as part of a U.S. investigation into an alleged scheme to use the global banking system to evade U.S. sanctions against Iran, according to people familiar with the probe.


from Reuters: Business News https://ift.tt/2Pm6gQh

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Pound falls as borrowing costs rise to highest since 2008

Economists have warned the rise could ultimately mean further tax rises or cuts to spending plans. from BBC News https://ift.tt/ohNK5jU