At Mexicoโs Hera music festival, women were both at the forefront and behind the scenes
Read full article: At Mexicoโs Hera music festival, women were both at the forefront and behind the scenesMexico Cityโs Hera HSBC music festival brought together an all-female lineup of both Latina and international talent including Kesha, Demi Lovato and Camila Cabello.
Boeing case puts a spotlight on plea agreements involving corporate defendants
Read full article: Boeing case puts a spotlight on plea agreements involving corporate defendantsProsecutors are expected to give new details next week about Boeing's plea deal in a case stemming from two deadly crashes of 737 Max jetliners.
The UK economic outlook is bleak, think tanks warn, with tough choices for the next government
Read full article: The UK economic outlook is bleak, think tanks warn, with tough choices for the next governmentLeading British economic think tanks are warning that whoever wins the countryโs general election this year will face some very tough choices on tax and spending if they want to make sure the public finances donโt deteriorate further.
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Huawei, HSBC agree on document deal for extradition case
Read full article: Huawei, HSBC agree on document deal for extradition caseChinese telecommunications equipment firm Huawei says it has reached an agreement with HSBC in Hong Kong to obtain documents that its chief financial office Meng Wanzhou hopes will help prevent her extradition to the U.S. Meng, who was detained in Canada in 2018 at the behest of U.S. authorities, has been fighting a legal battle over the last two years as the U.S. seeks to extradite her over bank fraud and allegations that Huawei violated sanctions on Iran.
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Huawei takes HSBC to UK court for docs in extradition fight
Read full article: Huawei takes HSBC to UK court for docs in extradition fightFILE - In this Thursday, May 16, 2019 file photo, a man is silhouetted near the Huawei logo in Beijing. Huawei took U.K. bank HSBC to court on Friday, Feb. 12, 2021 seeking documents the Chinese company says are key to its legal efforts to stop its chief financial officer from being extradited to the U.S. from Canada. Huawei applied at the U.K. High Court for records it believes will show Chief Financial Officer Meng Wanzhou didn't mislead the bank about evading sanctions on Iran, as U.S. authorities allege. The legal request further complicates the geopolitical battle over Meng's case. The U.S. government accuses Huawei of using a Hong Kong shell company called Skycom to sell telecommunications equipment to Iran.
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Bank shares slide on report of rampant money laundering
Read full article: Bank shares slide on report of rampant money launderingShares of Deutsche Bank dropped 8.3%. Deutsche Bank has been under scrutiny for years. Deutsche Bank neither admitted nor denied the allegations in the settlement. The London bank HSBC, Europe's largest acknowledged in 2012 that it had laundered at least $881 million for Latin American drug cartels. However, according to the report, HSBC continued to manage money for shady clients, including suspected Russian money launderers and a Ponzi scheme under investigation in multiple countries.