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Huawei Hit With New Charges; CFO Named as Defendant

U.S. prosecutors have charged the Chinese tech giant Huawei with racketeering and conspiracy to steal trade techniques.

The a few new allegations, which increase to previously rates the corporation engaged in financial institution fraud and violated U.S. sanctions versus Iran, had been unsealed Thursday by a U.S. District Court in New York.

Prosecutors cited Huawei’s, “long-working exercise of applying fraud and deception to misappropriate subtle technologies from U.S. counterparts.”

Huawei Chief Money Officer Meng Wanzhou, the daughter of Huawei founder Ren Zhengfei, is named as a defendant in the case. Canada is identifying whether or not to look for extradition

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Business Executive

‘72 lakh hectares of farmland hit by floods and drought’

About sixty three.99 lakh hectares of farmland has been affected by floods in fifteen States, although 7.ninety one lakh hectares of agriculture land has been hit by drought in two States so considerably in the ongoing 2019-twenty crop year (July-June), Union Agriculture Minister Narendra Singh Tomar claimed on Tuesday.

“There have been excessive weather conditions activities in the latest previous, such as extended dry time period, flood, hailstorm, cyclonic rains and wind, and many others. Even so, there was no significant reduction in the manufacturing of foodgrains throughout final three many years,” Tomar claimed in a written reply to the

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