Business A.M
No Result
View All Result
Wednesday, March 11, 2026
  • Login
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us
Subscribe
Business A.M
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us
No Result
View All Result
Business A.M
No Result
View All Result
Home Technology

Huawei to seek swift resolution for detained executive

by Admin
January 22, 2019
in Technology

China’s Huawei Technologies will call for a quick resolution of the case regarding its detained executive in Canada who is accused of violating U.S. sanctions on Iran, the company’s chairman, Liang Hua, said on Tuesday.

Liang, who was appointed acting chief financial officer of Huawei in December following the arrest of the company’s CFO at the request of the United States, was speaking to media on the sidelines of the World Economic Forum in Davos.

Huawei, the world’s biggest producer of telecommunications equipment, faces intense scrutiny in the West over its relationship with China’s government and U.S.-led allegations that its devices could be used by Beijing for espionage.

Huawei has repeatedly rejected such allegations.

Former CFO Meng Wanzhou, who is also the daughter of Huawei founder Ren Zhengfei, was arrested in Canada on Dec. 1 over alleged violations of U.S. sanctions. She was released on bail last month and is due in court in Vancouver on Feb. 6.

“We operate our business globally, and in every country we fully comply with local laws and regulation,” Liang said, adding the company welcomed requests to see the tech giant’s product development business as well as other units.

Relations between China and Canada turned frosty after the arrest of Meng, with China detaining two Canadian citizens and sentencing to death a Canadian previously found guilty of drug smuggling.

Liang said the issue of Canadians being arrested in China had no relation to Huawei.

The company has launched an unprecedented public relations blitz, thrusting its low-key founder in front of international media as it seeks to ease concern among Western nations bent on shutting it out of their markets.

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.

Company founder Ren denied this week that his company was used by the Chinese government to spy.

The arrest of Meng has put a further dampener on Chinese relations with the United States and Canada at a time when tensions were already high over a trade war and the espionage suspicions.

Admin
Admin
Previous Post

CBN retains monetary rates 

Next Post

Tesla holds battery supply talks with China’s Lishen

Next Post

Tesla holds battery supply talks with China's Lishen

  • Trending
  • Comments
  • Latest
Igbobi alumni raise over N1bn in one week as private capital fills education gap

Igbobi alumni raise over N1bn in one week as private capital fills education gap

February 11, 2026

CBN to issue N1.5bn loan for youth led agric expansion in Plateau

July 29, 2025

How UNESCO got it wrong in Africa

May 30, 2017

Glo, Dangote, Airtel, 7 others prequalified to bid for 9Mobile acquisition

November 20, 2017

6 MLB teams that could use upgrades at the trade deadline

Top NFL Draft picks react to their Madden NFL 16 ratings

Paul Pierce said there was ‘no way’ he could play for Lakers

Arian Foster agrees to buy books for a fan after he asked on Twitter

Nigeria’s non-oil export earnings jump to N12.36trn amid diversification drive

Nigeria’s non-oil export earnings jump to N12.36trn amid diversification drive

March 11, 2026
Oil eases on geopolitical dialogue signal

IEA mulls historic oil release to calm markets

March 11, 2026
SEC mulls phased adoption of ISSB standards to woo investors to Nigeria

SEC launches FinTech clinic to align innovation with investor protection

March 11, 2026
Otunola to lead Mexico’s first consulate presence in Lagos

Otunola to lead Mexico’s first consulate presence in Lagos

March 11, 2026

Popular News

  • Igbobi alumni raise over N1bn in one week as private capital fills education gap

    Igbobi alumni raise over N1bn in one week as private capital fills education gap

    0 shares
    Share 0 Tweet 0
  • CBN to issue N1.5bn loan for youth led agric expansion in Plateau

    0 shares
    Share 0 Tweet 0
  • How UNESCO got it wrong in Africa

    0 shares
    Share 0 Tweet 0
  • Glo, Dangote, Airtel, 7 others prequalified to bid for 9Mobile acquisition

    0 shares
    Share 0 Tweet 0
  • Oyo targets 500 MW energy generation by 2027

    0 shares
    Share 0 Tweet 0
Currently Playing

CNN on Nigeria Aviation

CNN on Nigeria Aviation

Business AM TV

Edeme Kelikume Interview With Business AM TV

Business AM TV

Business A M 2021 Mutual Funds Outlook And Award Promo Video

Business AM TV

Recent News

Nigeria’s non-oil export earnings jump to N12.36trn amid diversification drive

Nigeria’s non-oil export earnings jump to N12.36trn amid diversification drive

March 11, 2026
Oil eases on geopolitical dialogue signal

IEA mulls historic oil release to calm markets

March 11, 2026

Categories

  • Frontpage
  • Analyst Insight
  • Business AM TV
  • Comments
  • Commodities
  • Finance
  • Markets
  • Technology
  • The Business Traveller & Hospitality
  • World Business & Economy

Site Navigation

  • Home
  • About Us
  • Contact Us
  • Privacy & Policy
Business A.M

BusinessAMLive (businessamlive.com) is a leading online business news and information platform focused on providing timely, insightful and comprehensive coverage of economic, financial, and business developments in Nigeria, Africa and around the world.

© 2026 Business A.M

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us

© 2026 Business A.M