The U.S. securities regulator on Monday charged a former banker at Goldman Sachs Group Inc (GS.N) for arranging at least $2.5 million in bribes to be paid to Ghana government officials to gain approval for a client’s power plant project. The Securities and Exchange Commission said on its official website that Asante Berko, a former employee at a subsidiary of the U.S. ...

Beijing will not sit and watch Huawei get “slaughtered” and could retaliate if there are further sanctions on the Chinese technology giant, a top Huawei executive told CNBC on Tuesday. The comments came in response to a Reuters report that suggested senior officials in the Trump administration had drawn up new rules that would require chipmakers to obtain a license if they ...

The German Chancellor Angela Merkel has rejected the call by the United States of America to ban the Chinese mobile manufacturing giant Huawei from helping to build 5G networks in Germany. US President issued an executive order in October 2019 to restrict Huawei from doing business with any American company. According to the U.S, Huawei was the backdoor spy for ...