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She has argued she needs to be released because she has severe hypertension and fears for her health. Huawei is the world’s largest supplier of telecommunications network equipment and second-biggest maker of smartphones, with revenue of about $92 billion last year sterling silver cufflinks macy’s uk online. Unlike other big Chinese technology firms, it does much of its business overseas. U.S. officials allege Huawei was trying to use the banks to move money out of Iran. Companies are barred from using the U.S. financial system to funnel goods and services to sanctioned entities..

SHANGHAI (Reuters) – China’s coastal province of Zhejiang, home to e-commerce giant Alibaba (BABA.N), has pledged more than $17 billion to drive the tech industry and innovation in the coming five years, the state news agency Xinhua reported. The plan comes at a time when central and local governments around China are taking increasing steps to boost the struggling private sector and enhance the competitiveness of the country’s home-grown technology firms sterling silver cufflinks macy’s uk online. Xinhua said Zhejiang’s provincial, municipal and county-level governments would spend 120 billion yuan ($17.5 billion) in the next five years to “boost up high-tech and internet companies as well as medical research and development”..

“We will also guide social capital and financial institutions to invest around 290 billion yuan,” the news agency quoted Gao Yingzhong, head of the provincial Science and Technology Department, as saying. “The total investment on research and development (R&D) is expected to reach around 900 billion yuan.” sterling silver cufflinks macy’s uk online. As part of the plan, the province introduced 50 measures to boost the tech sector, Xinhua said, including increasing the ratio of R&D spending in provincial GDP, cultivating leading innovators and increasing patent numbers..

TOKYO (Reuters) – Tokyo prosecutors indicted Carlos Ghosn, the ousted chairman of Nissan (7201.T), for under-reporting his income, and officially charged the automaker for its role in the financial misconduct scandal that has shocked the industry. Ghosn was arrested on Nov sterling silver cufflinks macy’s uk online. 19 on suspicion of conspiring to understate his compensation by about half of the actual 10 billion yen ($88 million) awarded over five years from 2010. He has been held in a Tokyo jail since then for questioning, but had not been officially charged until now. Prosecutors re-arrested him on Monday on fresh allegations of understating his income for three more years through March 2018..

Nissan, which fired Ghosn as chairman days after his arrest, has said the misconduct was masterminded by the executive with the help of former Representative Director Greg Kelly, who was also indicted for the first time on Monday. The indictments also put the ball back in Renault’s (RENA.PA) court, as Nissan’s alliance partner and 43.4 percent-owner prepares for a Dec. 13 board meeting likely to discuss Ghosn’s future as its chairman and chief executive sterling silver cufflinks macy’s uk online. Ghosn and Kelly have not made any statement through their lawyers, but Japanese media reported that they have denied the allegations. Calls to Ghosn’s lawyer, Motonari Otsuru, at his office went unanswered..