George Zhao, the chief executive of Chinese smartphone firm Honor, has resigned from his position citing personal reasons, with Jian Li taking over as CEO. Honor expressed gratitude for Zhao’s contributions and confirmed his departure due to health reasons in an internal memo, stating his intention to focus on recovery and family. Li, who has held various senior management roles at Honor for four years, will now lead the company in Zhao’s absence.
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Liz Truss Thinks UK Is 'Heading For Bankruptcy' In Latest Bizarre Comment On Economy
Former British Prime Minister Liz Truss spoke at the Conservative Political Action Conference, claiming the UK is "heading for bankruptcy" due to Rachel Reeves' economic plans and Mark Carney's tenure as Bank of England governor. Truss criticized Carney's support for Reeves' policies and warned against endorsing him, citing his push for net zero as disastrous. Despite their differences, Truss and Carney have clashed over economic strategies, with Carney previously criticizing Truss's government's handling of Brexit....
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