Business News Canada

  • VANCOUVER, Dec 10- A Canadian provincial court weighing whether to grant bail to a top executive of Chinese telecoms giant Huawei Technologies, who is facing possible extradition to the United States, adjourned on Monday without deciding her fate. In a sworn affidavit, she said she is innocent and will contest the allegations against her at trial if she is...

  • BEIJING, Dec 11- Huawei believes the Canadian and U.S. legal systems will deliver a fair conclusion, the company said in a statement carried by Chinese state media on Tuesday, after a Canadian court adjourned without deciding the fate of its chief financial officer. Huawei Technologies Co Ltd will continue to pay attention to the bail hearing, the company added.

  • VANCOUVER, Dec 10- A Canadian provincial court on Monday adjourned without deciding the fate of a top executive of Huawei Technologies Co Ltd after she appeared in a Vancouver court in relation to an extradition case following her arrest at the request of the United States. Meng Wanzhou, 46, the daughter of the Huawei founder, was arrested on Dec. 1 as part of a U.S....

  • VANCOUVER, Dec 10- A Canadian provincial court on Monday weighed whether to grant bail to a top executive of one of the world's biggest telecommunications companies, Huawei Technologies, while she awaits a ruling on extradition to the United States. Meng's arrest has roiled markets over fears it would exacerbate tensions between the United States and China,...

  • TORONTO/ BEIJING, Dec 10- A top executive of Chinese tech giant Huawei Technologies is due back in a Canadian court on Monday where she'll fight for her freedom with the help of pressure from Beijing against prosecutors' claims she cannot be trusted. Huawei Chief Financial Officer Meng Wanzhou, 46, was arrested by Canadian authorities on Dec. 1 at the request of the...

  • SHANGHAI, Dec 10- Hong Kong shares ended lower for a fourth consecutive session on Monday, weighed down by disappointing trade and inflation data from China, and as the arrest of a senior Huawei executive threatened to derail a fragile Sino-U.S. trade truce. **China reported far weaker-than-expected November exports and imports, showing slower global and...

  • SHANGHAI, Dec 10- Hong Kong shares ended lower for a fourth consecutive session on Monday, weighed down by disappointing trade and inflation data from China, and as the arrest of a senior Huawei executive threatened to derail a fragile Sino-U.S. trade truce. **China reported far weaker-than-expected November exports and imports, showing slower global and...

  • BEIJING, Dec 10- China's foreign ministry on Monday said it had never heard of any country having a security problem with Huawei Technologies Co Ltd, after a top executive of the telecoms giant was arrested in Canada. Ministry spokesman Lu Kang made the comment at a daily news briefing in Beijing. Huawei Chief Financial Officer Meng Wanzhou is fighting to be...

  • *Shanghai stocks lower, blue-chip CSI300 index down. *Shanghai gains led by Eastern Communications, losses by Wintime Energy. SHANGHAI, Dec 10- China shares ended lower on Monday as disappointing trade and inflation data for November added to concerns over slowing growth, and as the arrest of a senior Huawei executive fed worries that the U.S. and China could...

  • TORONTO, Dec 10- The CFO of Chinese telecom giant Huawei Technologies Co Ltd is set to be back in a Canadian courtroom on Monday, fighting for her freedom with the help of pressure from Beijing, while prosecutors argue she cannot be trusted. Huawei Chief Financial Officer Meng Wanzhou was arrested by Canadian authorities Dec. 1 at the request of the United States.

  • SHANGHAI, Dec 10- China's main stock indexes fell on Monday after weak import and export data for November added to concerns about slowing economic growth, and as the arrest of a senior Huawei executive continued to stoke fears of a return to trade war escalation. *China's blue-chip CSI300 index was down 1.17 percent, with its financial sector sub-index lower by...

  • The logo of  Huawei is seen in a smartphone.

    Huawei Chief Financial Officer Meng Wanzhou faces U.S. accusations that she misled multinational banks about Huawei's control of a company operating in Iran.

  • TORONTO/ BEIJING, Dec 9- The CFO of China's Huawei Technologies Co Ltd argued that she should be released on bail while awaiting an extradition hearing, citing her longstanding ties to Canada, properties she owns in Vancouver and fears for her health while incarcerated, court documents showed on Sunday. Huawei Chief Financial Officer Meng Wanzhou is fighting to...

  • *Yuan weaker after soft China trade data. The British pound also was on the defensive as Prime Minister Theresa May's deal to exit the European Union looks set to be rejected by parliament on Tuesday, while the Chinese yuan dipped in offshore trade following weak trade and inflation data over the weekend. "We have rising tensions between the United States and...

  • TORONTO/ BEIJING, Dec 9- A top executive of China's Huawei Technologies Co Ltd argued that she should be released on bail while awaiting an extradition hearing, citing fears for her health while incarcerated in Canada along with other factors, court documents showed on Sunday. Huawei Chief Financial Officer Meng Wanzhou is fighting to be released on bail after...

  • TORONTO, Dec 9- A top executive of China's Huawei Technologies Co Ltd argued that she should be let out on bail while awaiting an extradition hearing due to severe hypertension and fears for her health while incarcerated in Canada, court documents released on Sunday showed. Huawei Chief Financial Officer Meng Wanzhou is fighting to be released on bail after she...

  • HUAWEI CFO SAYS SHE HAS SIGNIFICANT TIES TO VANCOUVER DATING BACK AT LEAST 15 YEARS-BAIL APPLICATION.

  • FAMILY OF ARRESTED HUAWEI CFO TO SEEK LEAVE TO REMAIN IN VANCOUVER IF GRANTED BAIL- CANADIAN COURT DOCUMENTS.

  • BEIJING, Dec 9- China's foreign ministry called in the U.S. ambassador on Sunday to lodge a "strong protest" over the arrest in Canada of Huawei Technologies Co Ltd's chief financial officer, and said the United States should withdraw its arrest warrant. Meng Wanzhou, Huawei's global chief financial officer, was arrested in Canada on Dec. 1 and faces extradition to...

  • BEIJING, Dec 9- China's foreign ministry called in the U.S. ambassador on Sunday to lodge a "strong protest" over the arrest in Canada of Huawei Technologies Co Ltd's chief financial officer, and said the United States should withdraw its arrest warrant. Meng Wanzhou, Huawei's global chief financial officer, was arrested in Canada on Dec. 1 and faces extradition to...