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India's soymeal sales to Iran surge to offset rupees-for-oil imbalance

India's soymeal sales to Iran are set to spike as the oil producer uses the rupees it receives for its crude exports to cover its animal feed demand amid U.S. sanctions that have crimped the country's ability to import necessities.
Tags: Money, India, Iran, businessNews


The reclusive founder of Huawei broke years of silence after his daughter's arrest in Canada to say he misses her 'very much'

Huawei founder Ren Zhengfei has broken years of silence to deny charges that his company spies on behalf of China. Huawei is the second-biggest smartphone maker after Samsung and also provides core telecommunications kit to countries around the world. Ren's daughter is Huawei CFO Meng Wanzhou, who was arrested in Canada at the behest of US authorities in December. The press-shy founder said he missed his daughter and said justice would prevail. Huawei is under unprecedented scrutiny over Meng'...
Tags: China, US, Samsung, Trends, Bloomberg, Iran, Canada, Poland, Donald Trump, Huawei, Wall Street Journal, Financial Times, Shenzen, Reuters, Ren, Meng


Your phone is also a surveillance device, and it's turning your life into a map

Members of the new Congress plan to float a wide range of new privacy legislation this year, with location data at the heart of the debate. New laws will need to thread the needle between protecting personal information and enabling useful innovation. Our phones' GPS and location capabilities are a key part of what make them magical — enabling them to speed our commutes, hail rides, and find the devices when we lose them. These capabilities are also ground zero for the looming fight over de...
Tags: Amazon, Twitter, Congress, Trends, Iran, Crimea, Google Maps Waze, Cuba Syria Iran


South Korea imports no Iranian crude for December: customs

South Korea did not import crude oil from Iran in December, compared with 1.1 million tonnes imported a year ago, preliminary data from Korea Customs Service showed on Tuesday.
Tags: South Korea, Money, Iran, businessNews, Korea, Customs Service


China sentenced a Canadian man to death in the latest escalation of the countries' feud over Huawei

A court in Dalian, China, sentenced a 36-year-old Canadian man to death on charges of international drug trafficking on Monday. Robert Lloyd Schellenberg was detained in China in 2014 and sentenced to 15 years last November, before a Chinese court said his sentence was too lenient and retried him. The death sentence comes a month into China and Canada's diplomatic feud over Ottawa's arrest and detention of Huawei CFO Meng Wanzhou. Schellenberg says he was framed. A Chinese court sentenced a C...
Tags: Australia, China, US, Trends, Iran, Beijing, Canada, United States, Hsbc, Msnbc, Huawei, Ottawa, Trump, Chris Hayes, Liaoning, Dalian


10 things in tech you need to know today

Good morning! This is the tech news you need to know this Monday. Apple is planning three new iPhone models in 2019, including a successor to the iPhone XR. One of the new models will include a triple camera, while the others will include a double rear camera, according to the Wall Street Journal. Wang Weijing, an executive at Chinese tech giant Huawei, has been fired following charges of espionage in Poland. It's the second arrest of a Huawei executive in two months after Meng Wanzhou, the co...
Tags: Apple, Verizon, Facebook, Instagram, China, US, Trends, Siri, Iran, Tencent, Poland, Huawei, Wall Street Journal, Alexa, Epic Games, Unity


U.S. not looking to grant further Iran oil sales waivers: U.S. official

The United States is not looking to grant more waivers for Iranian oil imports after the reimposition of U.S. sanctions, the U.S. special representative for Iran said on Saturday, underlining Washington's push to choke off Tehran's income.
Tags: Money, Washington, Iran, businessNews, United States, Tehran


U.S. official rules out further waivers on Iran oil imports

The United States will grant no more waivers for Iranian oil after the reimposition of U.S. sanctions, the U.S. special representative for Iran said on Saturday, underlining Washington's push to choke off Tehran's sources of income.
Tags: Money, Washington, Iran, businessNews, United States, Tehran


U.S. official says not to grant more waivers on Iran oil sanctions

U.S. Special Representative for Iran Brian Hook said on Saturday Washington was not looking to grant any more waivers for Iranian oil after the reimposition of U.S. sanctions.
Tags: Money, Washington, Iran, businessNews, U S Special Representative for Iran Brian Hook


A 2nd Huawei executive has been arrested — this time in Poland on suspicion of spying for the Chinese government

Huawei is back in the spotlight after reports that another executive at the Chinese tech company was detained. The Huawei executive was arrested in Poland on suspicion of spying for the Chinese government, according to multiple news reports. This is the second arrest in two months of an executive at Huawei. Meng Wanzhou, the company's chief financial officer and the daughter of Huawei's founder, was detained in December on charges of violating US trade sanctions with Huawei's business dealings...
Tags: Amazon, China, US, Trends, Iran, Canada, Poland, Huawei, Wall Street Journal, Reuters, Wang, Meng, Ren Zhengfei, Meng Wanzhou, Wanzhou, Skycom


A second Huawei executive has been arrested — this time in Poland on suspicion of spying for the Chinese government

Huawei is back in the spotlight after another executive at the Chinese tech company was reportedly detained. The Huawei executive was arrested in Poland on suspicion of spying for the Chinese government, according to multiple news reports. This is the second arrest in two months of an executive at Huawei. Meng Wanzhou, the daughter of Huawei's founder and the company's CFO, was detained in December for allegedly violating US trade sanctions with Huawei's business dealings in Iran. The US and o...
Tags: China, US, Trends, Iran, Canada, Poland, Huawei, Wall Street Journal, Reuters, Wang, Google Pixel, Meng, Ren Zhengfei, Meng Wanzhou, Wanzhou, Skycom


India's Iranian oil imports slide in December under U.S. pressure

India's oil imports from Iran fell by 41 percent in December to 302,000 barrels per day oil (bpd), ship tracking data reviewed by Reuters showed, as pressure from U.S. sanctions took effect.
Tags: Money, India, Iran, businessNews, Reuters


Iran's crude exports stay subdued in January despite waivers: sources

Iran will see its crude exports severely curtailed for a third month in January as it is struggling to find new buyers amid fresh U.S. sanctions even though its traditional customers secured waivers, according to tanker data and industry sources.
Tags: Money, Iran, businessNews


China accuses Canada of 'white supremacy' over the detention of Huawei CFO

China and Canada are feuding over the arrest and detention of Meng Wanzhou, the CFO of Chinese tech giant Huawei, in Canada in early December. Beijing detained two Canadians on vague national-security charges shortly after, in what is widely seen as retaliation. Canada has been calling for their release. China's ambassador to Canada wrote in a Wednesday op-ed that Meng's arrest was "groundless." She said that Canada's demands show "Western egotism and white supremacy." Beijing's ambassador to...
Tags: China, US, Trends, Iran, Beijing, Canada, United States, Hsbc, Muslim, Msnbc, Donald Trump, Huawei, Ottawa, Justin Trudeau, Trump, State


Iran will not comply with 'illegal' U.S. sanctions: Oil Minister

Iranian Oil Minister Bijan Zanganeh said on Thursday U.S. sanctions against his country were "fully illegal" and Tehran would not comply with them.
Tags: Money, Iran, businessNews, Tehran, Bijan Zanganeh


Iran says will not halt aerospace programme despite U.S. warning

Iran will continue with its aerospace programme despite U.S. warnings, Foreign Minister Mohammad Javad Zarif said on Wednesday, adding there was no international law prohibiting such a programme.
Tags: Money, Iran, businessNews, Mohammad Javad Zarif


Report: Documents Show Extensive Huawei Ties to Suspected Fronts in Iran and Syria

Meng Wanzhou, the chief financial officer of Chinese tech giant Huawei and the daughter of its founder Ren Zhengfei, was detained in Canada late last year at the behest of U.S. authorities, who allege she oversaw a complex financial scam to violate nuclear sanctions on Iran. The incident has become a major source of…Read more...
Tags: Science, Technology, Crime, Finance, Banking, Iran, Syria, Canada, Huawei, Iran Sanctions, Ren Zhengfei, Meng Wanzhou, Wanzhou


Exclusive: Indian refiners pay for Iranian oil in rupees - UCO Bank executive

India has begun paying Iran for oil in rupees, a senior bank official said on Tuesday, the first such payments since the United States imposed new sanctions against Tehran in November.
Tags: Money, India, Iran, businessNews, United States, Tehran, UCO Bank


India hopes to start full operations soon at Iran's Chabahar port: Gadkari

India hopes to soon start full operations at a portion of Iran's port of Chabahar as the two countries are close to resolving various disputes including financing, the country's roads minister said on Tuesday.
Tags: Money, India, Iran, businessNews, Gadkari, Chabahar


Iran hopes India will seek fresh waiver from U.S. sanctions - deputy foreign minister

Iran hopes India will strive to get another waiver from U.S. sanctions as New Delhi plans to continue buying oil from Tehran, Iran's deputy foreign minister for economic diplomacy Gholamreza Ansari said on Tuesday.
Tags: Money, India, Iran, businessNews, New Delhi, TEHRAN Iran, Gholamreza Ansari


Iran's central bank proposes slashing four zeros from falling currency: IRNA

Iran's central bank has proposed slashing four zeros from the rial, state news agency IRNA reported on Sunday, after the currency plunged in a year marked by an economic crisis fuelled by U.S. sanctions.
Tags: Money, Iran, businessNews, IRNA


Iran approves anti-money laundering bill to ease foreign trade

A powerful Iranian council approved an anti-money laundering bill on Saturday, state media reported, a major step towards reforms that would bring Iran into line with global norms and could facilitate foreign trade in the face of U.S sanctions.
Tags: Money, Iran, businessNews


Iran says despite U.S. sanctions, it has found new 'potential' oil buyers

All countries that were granted waivers from the United States to continue buying a certain amount of Iranian oil imports are complying with U.S. sanctions, a senior Iranian energy official said, noting that Tehran was hopeful to find new buyers.
Tags: Money, Iran, businessNews, United States, Tehran


Indian Oil says Iran may still invest in Chennai Petroleum expansion

India's biggest refiner Indian Oil Corp Ltd said on Wednesday that Iran may still invest in a refinery expansion project at one of its subsidiaries.
Tags: Money, India, Iran, businessNews, Chennai Petroleum, Indian Oil Corp Ltd


Exclusive: India exempts rupee payments for Iran oil from hefty taxes - government order

India's finance ministry has exempted rupee payments made to the National Iranian Oil Co (NIOC) for crude oil imports from a steep withholding tax, according to a government order reviewed by Reuters.
Tags: Money, India, Iran, businessNews, National Iranian Oil Co NIOC


Asia's Iran crude imports hit more than five-year low in November as sanctions bite

Imports of Iranian crude oil by major buyers in Asia hit their lowest in more than five years in November as U.S. sanctions on Iran's oil exports took effect last month, government and ship-tracking data showed.
Tags: Asia, Money, Iran, businessNews


Boring Machines for Deep Underground Lairs and Starting Underground Worlds

There are many bunkers and facilities that are very deep underground. Iran has its Furdow Nuclear Facility which is 80 meters under hard rock and special hardened cement. Iran claims to have built a... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Tags: Iran, Innovation


Private buyers of Iran crude had no problems exporting it: oil minister

Private buyers of Iranian crude have had "no problems" exporting it, Iran's oil minister was quoted as saying on Wednesday by state news agency IRNA, despite U.S. sanctions targeting Iran's oil exports.
Tags: Money, Iran, businessNews, IRNA


Iran says detains 17 for foreign exchange fraud

Iran's security forces have arrested 17 people on charges of profiteering from fraudulent currency dealings, the state news agency IRNA reported on Tuesday, as Tehran tries to reverse a slide in the rial following the reimposition of U.S. sanctions.
Tags: Money, Iran, businessNews, Tehran, IRNA


Iran submits first budget since US sanctions were restored

TEHRAN, Iran (AP) — Iran's president has submitted next year's budget to parliament, the first after the United States renewed sanctions targeting the oil industry.The $47.5 billion budget submitted Tuesday is less than half of... [Author: [email protected]]
Tags: Business, US, Iran, Ap, United States, TEHRAN Iran



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