U.S. Charges Huawei CFO With Iran Fraud
Meng Wanzhou allegedly deceived banks into processing transactions for an "unofficial subsidiary" that did business in Iran.
Arrest of Huawei CFO Fans US-China Tensions
Meng Wanzhou, who was arrested in Canada at the request of the United States, is "by birth and position a member of China’s corporate royalty.”
U.S. Agrees to Lift American Parts Ban on ZTE
The Chinese smartphone maker will pay a $1 billion penalty as part of a deal to end the sanctions that had threatened to cripple its operations.
U.S. Parts Ban Forces Halt to ZTE Operations
The Chinese smartphone maker, which is heavily reliant on Qualcomm processors, is seeking a reversal of the Commerce Department's ban.
Iran Deal Concerns Push Oil Prices Above $70
“It is mostly a fundamentals-driven market, but the icing on the cake is the worry about Iran."
China’s ZTE Banned From Using U.S. Parts
The Commerce Department punishes the telecom firm with a seven-year denial of export privileges for violating a 2017 settlement agreement.
Venezuela to Start Cryptocurrency Pre-Sale on Feb. 20
Critics say the "petro" is illegal, but President Nicolas Maduro believes it will have a "great impact" on the country's embattled economy.
U.S. Tightens Economic Vise on Venezuela
The White House wants to ensure U.S. banks cannot be used to help finance the expansion of undemocratic rule in Venezuela.
ZTE Fined $900M for Iran Sanctions Busting
The Chinese telecom equipment company allegedly shipped about $32 million of sensitive U.S.-made technology to Iran between 2010 and 2016.