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Spain Busts Lucrative Chinese-Arab Money Laundering Ring

Spanish police on Wednesday said they had broken up a Chinese-Arab ring that laundered $21 million of proceeds from people and drug trafficking through the informal "hawala" money transfer system. Police said the investigation began after the dismantling of a migrant-trafficking ...

Huawei and South African Telco MTN to Build Tech Innovation Lab

Chinese electronics giant Huawei and South African telco major MTN signed an agreement on Wednesday to build a "Joint Innovation Technology Lab" that the two companies will use to support African research in AI, big data, and cloud computing, among other things.