China’s Huawei appoints chairman as acting CFO after executive’s arrest

6th December

China’s Huawei Technologies has appointed Chairman Liang Hua as acting chief financial officer (CFO) following the arrest in Canada of its CFO, who faces extradition to the United States, staff briefed on an internal memo told Reuters.


India’s HCL to buy some IBM software assets for $1.8 billion; shares fall

6th December

Indian software services firm HCL Technologies agreed to buy some software assets from International Business Machines Corp for $1.80 billion to help it compete better with bigger rivals such as TCS and Infosys Ltd .


Explainer: How does extradition to the U.S. work?

6th December

The arrest in Canada of a top Chinese technology executive for possible extradition to the United States has roiled markets and cast doubt on a recent U.S.-China trade truce.