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Telus backs ‘viable and reliable’ Huawei in memo

Bloomberg One of Canada’s largest phone companies is standing by its partnership with Huawei Technologies Co, the Chinese firm at the center of rising diplomatic tensions between Beijing and Ottawa. Telus Corp sent a memo to employees last week, sticking by its work with Huawei, the Globe and Mail newspaper reported. The memo was signed by Eros Spadotto, executive vice ...

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Malaysia to focus on health in new policy

Bloomberg Malaysia’s new strategy to combat drugs will focus on health and social support for users rather than enforcing criminal laws. The Cabinet task force to address the drug problem met and is of the opinion that Malaysia’s Dangerous Drugs Act 1952 needs to be reviewed and that drug use should be viewed as a social health issue, Liew Vui ...

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India’s Sun Pharma falls after new whistle-blower complaint report

Bloomberg Sun Pharmaceutical Industries Ltd plunged to its lowest point in almost six years after a media report that a new whistle-blower complaint alleging corporate governance lapses has been sent to India’s market regulator. Shares of the nation’s largest drugmaker slipped 8.4 percent to close at 390.75 rupees a share — the lowest level since March 2013. Sun Pharma was ...

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