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China's Xiaomi files legal complaint against U.S. Defense, Treasury ban

<div class="at-above-post addthis_tool" data-url="https://www.metro.us/chinas-xiaomi-files-legal/"></div>SHANGHAI (Reuters) – Xiaomi Corp filed a complaint in a Washington district court on Friday against the U.S. Defense and Treasury Departments, seeking to remove the Chinese smartphone maker from an official list of companies with ties to China’s military. The Defense Department, under the Trump administration in mid-January, added Xiaomi and eight o...
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Source: metro.us

Xiaomi Files Legal Complaint Against US Defence, Treasury Ban

Xiaomi Files Legal Complaint Against US Defence, Treasury Ban Xiaomi was added by the Trump administration to its list of companies with ties to China’s military. By Reuters | Updated: 30 January 2021 10:09 IST Photo Credit: Reuters Xiaomi is seeking to remove its name from the official list of companies with ties to Chinas military Highlights The company claimed there is no military control Xiaomi underlined "substantial number" its shareholders were US perso...
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Source: ndtv.com

Future-Reliance deal: Kishore Biyani says Amazon creating confusion, 'playing dog in the manger'

Future-Reliance deal: Kishore Biyani says Amazon creating confusion, playing dog in the manger FILE PHOTO: Kishore Biyani, CEO and founder of Indias Future Group poses after the inauguration of Foodhall, a premium lifestyle food superstore by the Future Group, store in Mumbai, India, December 1, 2018. REUTERS/Francis Mascarenhas/File Photo (REUTERS) . Updated: 30 Jan 2021, 04:04 PM IST PTI In a letter addressed to the Future Group employees, Kishore Biyani alleged that Amazon is running a co...
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Xiaomi files legal complaint against US Defense, Treasury ban

Xiaomi files legal complaint against US Defense, Treasury ban   Published On It added that a "substantial number" of its shareholders were U.S. persons. SHANGHAI (Reuters) - Xiaomi Corp filed a complaint in a Washington district court on Friday against the U.S. Defense and Treasury Departments, seeking to remove the Chinese smartphone maker from an official list of companies with ties to China’s military. The Defense Department, under the Trump administration in mid-January, added Xiaomi an...
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ICICI Bank Q3 net profit rises 19% to ₹4,940 cr

ICICI Bank Q3 net profit rises 19% to ₹4,940 cr The lenders overall provisions increased to ₹2,741 cr from the year-ago periods ₹2,083 cr, but lower when compared to the preceding quarters ₹2,995 cr (Photo: Bloomberg) 1 min read Net interest margin expanded 10 basis points sequentially to 3.67% Share Via Read Full Story Private sector lender ICICI Bank on Saturday reported 19% increase in net profit at ₹4,940 crore for the quarter ending 31 December, 2020. It was ₹4,146 crore ...
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Xiaomi files legal complaint against US Defence, Treasury depts

Xiaomi files legal complaint against US Defence, Treasury depts Xiaomi Corp filed a complaint in a Washington district court on Friday against the U.S. Defense and Treasury Departments, seeking to remove the Chinese smartphone maker from an official list of companies with ties to Chinas military Reuters | January 30, 2021 | Updated 17:06 IST Representational Image The Defense Department, under the Trump administration in mid-January, added Xiaomi and eight other companies to the list, which re...
United States Janet Yellen Lei Jun Lloyd Austin Us Department Of Defense Treasury Department

Xiaomi files court challenge against US ban

January 30th, 2021 VCG via Getty Images Xiaomi isn’t wasting time disputing the US’ decision to put it on a list of Chinese military-backed companies and ban American investments. Reutersreports the Chinese phone giant has filed a legal complaint against the US Defense and Treasury Departments, calling the investment ban “unlawful and unconstitutional.” It also said the claims of links to the Chinese military were false, and that a lack of American investments would lead to “immediat...
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Xiaomi sues the US Government over Military Blacklist row

Gizmochina Recently, the US Govt targeted Xiaomi by adding it to the Military Blacklist. This effectively means that investors in the country should divest themselves from the blacklisted firms by November 11, 2021. To this Xiaomi released a statement saying that it has no relations with the Chinese Military. Today, as per a Reuters report, the company has gone a step ahead and filed a legal complaint. According to the report, Xiaomi has filed a legal complaint in a Washington district court ag...
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