Huawei's Liang Hua was speaking at the World Economic Forum in Davos, Switzerland, where the World Economic Forum is hosted. Photo: Shutterstock
Huawei threats to the West, footballer feared dead after plane goes missing in English Channel and BlackRock’s environment fund. Delano’s breakfast briefing for Wednesday.
The chairman of Chinese telecoms giant Huawei warned the firm would move from Western countries if restrictions continued, BBC news reports. Liang Hua was speaking at the World Economic Forum in Davos at a time when security of the firm’s technology has come under question. In December 2018, UK telecoms firm BT said it would block Huawei equipment from its 5G mobile network and last week the BBC reported that Germany was considering following suit.
Also at Davos…
Brazil’s new far-right President Jair Bolsonaro delivered a pro-business message when he gave the keynote address at the World Economy Forum on Tuesday, AFP reports. He steered clear of mentioning the scandal back home involving his son, Flavio Bolsonaro, and suspicious payments. Also absent were Donald Trump and leaders of France, Britain and Zimbabwe.
Missing in Channel
A plane carrying Argentinian footballer Emiliano Sala went missing on Monday night over the English Channel prompting fears the newly signed Cardiff City player may be dead, Euronews reports. The Guardian paid tribute to the 28-year-old striker, describing him as a “humble forward who enriched everyone’s lives”. Fans in Nantes, meanwhile, gathered in support, AFP reports.
Possible end to shutdown
An end to the partial US federal government shutdown could be in sight after Democrats and Republicans agreed to vote on duelling bills on Thursday. The stand-off, which has now run into five weeks, began when Democrats refused additional funding for Trump’s wall on the border with Mexico. Read more about this on The Guardian and the New York Times.
Transgender military ban
In a blow to trans rights, the US Supreme Court allowed Donald Trump to enforce his policy banning certain transgender people from the military, BBC news reports. It prevents people who require or have undergone gender transition from serving, opening the option for the military to enforce the ban. More on this from the Wall Street Journal.
BlackRock environment fund
Global fund manager BlackRock has announced it will launch a new money market fund investing in debt from issuers who have better-than-average environmental practices, Reuters reports. It also said it would commit 5% of net revenue from its management fee on the BlackRock Liquid Environmentally Aware Fund to purchase carbon offsets.