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Huawei CFO arrest stokes China fury amid key US trade talks

Bloomberg Huawei Technologies’ chief financial officer was arrested in Canada over potential violations of US sanctions on Iran, provoking outrage from China and complicating thorny trade negotiations just as they enter a critical juncture. China’s embassy in Canada demanded the US and its neighbour “rectify wrongdoings” and free Wanzhou Meng, who is also deputy chairwoman and the daughter of Huawei ...

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Grab sees boost after Thai election

Bloomberg Grab hopes Thailand’s upcoming general election will help revive the conversation about legalising ride sharing in the country. Talks about reforming the law can be put back on the table once an elected government is in place, Tarin Thaniyavarn, the head of Grab in Thailand, said. The military government in power since a coup in 2014 has tentatively scheduled ...

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Nissan to recall cars on inspection failures

Bloomberg Nissan Motor Co. is planning to recall 150,000 vehicles in Japan after uncovering more failures in its final vehicle inspection process, dealing another blow to the carmaker whose former Chairman Carlos Ghosn is detained over alleged financial crimes. The new problems include inappropriate tests of steering and brakes, the carmaker said in a statement. Nissan has been under scrutiny ...

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