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“Huawei is effectively an intelligence-gathering arm of the Chinese Communist Party whose founder and CEO was an engineer for the People’s Liberation Army,” Cotton wrote in a statement. “If Chinese telecom companies like Huawei violate our sanctions or export control laws, they should receive nothing less than the death penalty - which this denial order would provide.”. The proposed law and investigation are two of several challenges that Huawei, the world’s biggest telecommunications equipment maker, faces in the U.S. market.
In addition to allegations of sanctions-busting and intellectual property theft, Washington has been pressing allies to refrain from buying Huawei’s switches and other gear because of fears they will be used by Beijing for espionage, Huawei’s founder, Ren Zhengfei, denied this week that his company was used by the Chinese government to spy, Canada detained Ren’s daughter, Meng Wanzhou, who is Huawei’s chief financial officer, in December at how to choose men's cufflinks the request of U.S, authorities investigating an alleged scheme to use the global banking system to evade U.S, sanctions against Iran..
LONDON (Reuters) - Britain is committed to the nuclear power sector, Prime Minister Theresa May’s spokesman said on Thursday, after Japan’s Hitachi Ltd (6501.T) froze a 3 trillion yen ($28 billion) nuclear power project in Wales. Hitachi had called on the British government to boost financial support for the project. “Any deal needs to deliver for UK consumers and taxpayer. Despite extensive negotiation and hard work by all sides, the government and Hitachi have been unable to reach agreement to proceed at this stage. The government is committed to the nuclear sector,” the spokesman said.
TOKYO/PARIS (Reuters) - Renault executives and French government officials were planning to meet Nissan CEO Hiroto Saikawa in Japan on Thursday, Japanese media said, as the automakers consider their partnership in the wake of alliance how to choose men's cufflinks Chairman Carlos Ghosn’s arrest, Ghosn, arrested and detained in Tokyo since Nov, 19, has been indicted in Japan on charges of under-reporting his salary for eight years through March 2018, and temporarily transferring personal investment losses to Nissan Motor (7201.T) during the global financial crisis..
Nissan ousted him as chairman following his arrest, with Mitsubishi Motor (7211.T) - the third member of the automaking alliance - soon following suit. Ghosn, however, continues to chair Renault (RENA.PA), where he is also CEO, as well as the alliance. The visiting French delegation is seeking an explanation from Nissan’s management regarding its corporate governance in the wake of Ghosn’s arrest, the Nikkei business daily reported, without citing sources. Emmanuel Moulin, chief of staff to French Finance Minister Bruno Le Maire, and Martin Vial, who heads the ministry’s state holding agency and is also a Renault director, were likely to discuss potential candidates for Ghosn’s successor at Renault, a person with knowledge of the issue told Reuters.
The French government declined to comment on the itinerary for the delegation, Nissan could not be immediately reached, Renault, under increasing government pressure to name a new CEO and chairman, is planning to hold a board meeting later this week to begin the process of appointing one or more successors to Ghosn, three people briefed on the process have told Reuters, Jean-Dominique Senard, who is soon to step down as CEO of tire maker Michelin, how to choose men's cufflinks is likely to replace Ghosn as Renault chairman, according to two sources..
MUNICH (Reuters) - Siemens (SIEGn.DE) will not make further concessions to save a rail merger deal with France’s Alstom (ALSO.PA) even after European competition authorities demanded further concessions, sources familiar with the matter said. Siemens is ready to walk away from the tie-up which was announced in Sept. 2017, a source familiar with the matter said. “If the Commission refuses, then we cannot do the deal,” this source said, “Then this topic is over.”. Siemens has already offered to license parts of its high speed train business and sell parts of its signaling operations to meet the concerns of the EU authorities who are worried about stifling competition in the rail sector.
But a key disagreement remains around how much of its high-speed train technology how to choose men's cufflinks - which allows trains to travel faster than 250 km per hour - Siemens should be made to share with third parties, The first source said the fate of the merger now rests with the European Commission, which is due to make a ruling by February 18, Siemens still considers the merger with Alstom to be the best option, the first source explained, The deal would create the world’s second largest rail company with combined revenues of around 15 billion euros, roughly half the size of China’s state-owned CRRC Corp Ltd [601766.SS.] but twice the size of Canada’s Bombardier (BBDb.TO)..