Micro Systemation Reports Q1 Loss Amid Strategic Investments and Revenue Growth 
Pershing Square Raises $5 Billion in Landmark U.S. IPO and Share Placement 
WuXi AppTec Stock Surges on Strong Q1 Earnings and CRDMO Demand Growth 
China’s Ultra-Cheap EV Boom: Why Electric Cars Cost Far Less Than in the U.S. 
Berkshire Hathaway Q1 Earnings Jump 18% as Greg Abel Signals Disciplined Growth Strategy 
Starbucks Raises 2026 Outlook as Turnaround Strategy Boosts Sales and Earnings 
U.S. Cybersecurity Pushes Faster Patch Deadlines Amid Rising AI-Driven Threats 
Microsoft Azure Growth Forecast Beats Expectations Amid Rising AI Competition 
Seagate Stock Surges After Strong Q3 Earnings Beat and Bullish Outlook 
Qualcomm Stock Surges Despite Weak Guidance After Q2 2026 Earnings Beat 
Ford Q1 Earnings Beat Expectations, Stock Surges on Strong Guidance 
AstraZeneca Q1 2026 Earnings Surge on Strong Oncology and Rare Disease Drug Sales 
Samsung Reports Record Profit as AI Boom Drives Memory Chip Demand 
Why Paycom Was Named a 2026 Platinum Employer on the Where You Work Matters List 
Robinhood Q1 Earnings Miss Expectations, Stock Drops After Hours 
Alphabet Earnings Surge on AI Growth, Cloud Revenue, and Strong Search Performance 
HSBC denied Chinese media allegations that it had "framed" Huawei Technologies and was instrumental in the arrest of the latter's chief financial officer Meng Wanzhou.
In the bank's WeChat account, the London-headquartered denied participating in the decision of the US Department of Justice to investigate Huawei.
China's official People's Daily newspaper published a report a day before accusing HSBC of being an accomplice of the US and lying about Huawei, resulting in Meng's arrest in December 2018 at Vancouver International Airport.
The newspaper claimed that HSBC was aware of Huawei's business in Iran, and had been "setting traps" for against it since 2012.
China Global Television Network made similar allegations against HSBC.
Meng is accused by the US of bank fraud for misleading HSBC about Huawei's relationship with a company operating in Iran, causing HSBC to break American sanctions on Tehran.
HSBC said that the Huawei incident's development clearly shows that it did not trigger the US investigation of Huawei, adding it has no malice against the Chinese firm, nor has it 'framed' the latter.
HSBC emphasized that it only provided factual information in response to requests from the US Department of Justice and that it did not fabricate evidence or concealed facts, nor will it harm customers or distort facts or for its benefit.
