Posted inAustralia, Beijing, China, Iran, Middle East, New Zealand, Oceania, World

Stock futures plunge after Huawei CFO arrested for extradition to US

The chief financial officer of Chinese telecommunications giant Huawei has been arrested in Canada and is now facing extradition to the United States in connection with alleged violations of Iran sanctions. Meng Wanzhou, who is also the daughter of Huawei’s founder, Ren Zhengfei, was apprehended in Vancouver at the request of US law enforcement agencies, […]