Page 242 - Cfo News Today

Detained is not only a high-ranking official but i believe is related to the found our or deeply involved in a family connection to the company. secondly, this is a company in china that makes essentially a network equipment among other things, and theres a grave concern in this country and europe and other countries that embedding huawie equipment in the next generation of cella lu cellalure, its an overarching issue in the background and its one that i believe we really have to take serious. >...

Than there were a few days ago that anything could get done in those few months, at least to come to some sort of settlement there, especially with the arrest of the cfo of this chinese company. >> thank you. kaitlan collins is with me now. the timing here, we know that canadian officials arrested her the very same day that trump and president xi of china sat down for that dinner at the g-20. i have to imagine that the white house was aware of this impending arrest. what have you learned? >> rep...

Country, he is enormously gifted, he crossed a basic line back in july. fundamental lines in the department. >> is the president looks to give him a thumbs up, the stock market turned stumptown today on the u.s. china trade relationship. the reason for the surge, the rest saturday of the cfo. he is chinas largest telecom company and americas chief competitor for new 5g systems that will revolutionize everything from cell phones and to self-driving tribes and to robotic surgery. at the request of...

It is well below 25,000 now. charles payne is here, thank goodness, host of making money on the fox business network. charles, this puts the dow and the s & p into negative territory for the year after talking about all those records earlier on. those have all gone away today. >> they are. and i think the more important thing though is what the market is suggesting. there is a whole lot of confusion out there. really the interesting thing is whats moving markets most this week are all based on s...

Ago but overnight theres been a large scandal developing with global chinese firm and the cfo was arrested in canada wanting to extradite and throw a wrench into it. if you are investing in the market you have a ways to go, but we are going to see more bumps in the market as things that work out. im optimistic there will be a trade deal eventually. rob: she is in custody in canada. they want to bring her back for violating the sanctions with iran which is the concern with china that they will vi...

With the arrest of huawei, which is one of the largest technology committees in china, its cfo -- also, the daughter of the founder, in canada. report of the come up to the u.s. investors dont think its going to hold. that can escalate tensions further. also, concerns about global growth. talking about bricks that once again over on the european union side. again, its also about a higher interest rates. they may impact the u.s. consumer going forward, and the 10-year treasury yield which comes o...

Arrested by canadian authorities just a handful of days ago. that cfo is now in the process of extradition of that huawei official back here to the united states. the sanction violations, which of course the usa has been cracking down on. that day is important because that of course was the day that president trump and president xi jinping were meeting in one authorities bue. i am told just within moments ago by a white house official that at the time of that dinner, the president was not made a...

Quick update on the dow. half an hour into trading and a substantial sell-off. nearly a 500 point drop. 1.8% drop for the dow to start off a day of trading after the u.s. stock market was closed yesterday for a national day of mourning. there is continued fears about a global economic slowdown. u.s./china trade relations a big concern and uncertainty. then fears were ratcheted up by the chinese telecom company, the cfo arrested by canadian authorities in vancouver facing extradition to the u.s. ...

We handle but news from china but there was this a rest of the cfo in canada for violating the sanctions. looking at the chinese perspective, how receptive will they be to trade negotiations if an american government can make selling to iran illegal in china and the rest you in a third country? seems like an overreach. not that i advocate what they are doing. i dont know we should be buying anything from this country. the cfo on criminal charges. heather: the good news that happens before that, ...

The shoes drop on them seems like every day. the sense im getting is the president, even though hes been dealing with this investigation for a long time, is also privately pretty worried. >> the shoes drop on them on a daily basis. and the argument is always lets get through the next cycle. except the investigation is not going away. ive got to move now back to the big story this morning, market madness. you heard that bell. the stock market just opened. the floor of the new york stock exchang...