VANCOUVER/TORONTO (Reuters) – Huawei Chief Financial Officer Meng Wanzhou will be in a Vancouver courtroom on Monday for the first day of her extradition trial, a process expected to take months – possibly years – to decide whether she can be extradited from Canada to the United States. The United States has charged her with bank fraud, and accused her of misleading HSBC Holdings Plc about Huawei Technologies Co Ltd’s business in Iran. Meng, 47 is the daughter of Huawei’s billionaire founder Ren Zhengfei and remains free on bail in Canada.
World stocks traded just below record highs on Monday, pausing ahead of this week’s central bank meetings, economic data and earnings, while oil prices rose to their highest in over a week after blockades began shutting down two Libyan oilfields.
Ukraine will press Iran to hand over the black boxes from the crash of a Ukrainian passenger plane at a meeting with a visiting Iranian delegation on Monday, Foreign Minister Vadym Prystaiko told reporters.