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Chen founded multinational conglomerate Prince Group that US says is front for multibillion-dollar fraud operationChinese television has shown footage of the US-indicted tycoon Chen Zhi being escorted by armed police after his extradition to China from Cambodia, where authorities on Thursday ordered the liquidation of a bank he founded linked to a massive “scam centre” network.Chen, who chairs a conglomerate the United States says is a front for a multibillion-dollar online fraud operation, was shown in handcuffs and hooded as he was led off a plane at a Beijing airport by black-clad Swat officers, with the state broadcaster CCTV describing him as the “leader of a major transnational gambling and fraud crime syndicate”. Continue reading......
Bloomberg Daybreak Europe is your essential morning viewing to stay ahead. Live from London, we set the agenda for your day, catching you up with overnight markets news from the US and Asia. And we'll tell you what matters for investors in Europe, giving you insight before trading begins. On today's show, Chinese artificial intelligence startup DeepSeek rocked global technology stocks Monday, raising questions over America's technological dominance. In geopolitics, in the space of several hours that rattled global markets, US President Donald Trump announced sweeping tariffs on Colombia before abruptly pulling the threat after reaching a deal on the return of deported migrants.
Today's guests: Neil Sorahan, Ryanair CFO and Tommy Ricketts, BeZero CEO and Co-founder. (Source: Bloomberg)...