Business

United Kingdom government publishes full Brexit legal advice

I don't think a second referendum is either. The adjustment would mean Parliament would have to approve a decision to trigger the backstop arrangement or extend the transition period beyond December 2020. "The prime minister can't keep pushing Parliament away or avoiding responsible scrutiny". The EU's chief Brexit negotiator, Michel Barnier , also tried to quash the hopes of anyone who thought another deal with the EU might be possible.

Business

Huawei CFO arrest outrages China and rattles markets

Geng told reporters on Thursday that neither Canada or the US had so far responded to China's concerns, reports the Associated Press. The ban was sought by Meng, who has a bail hearing Friday, he said. For Canada, the arrest could sour the chances of improving trade ties with Beijing as Ottawa looks to strike more global economic allies in the wake of the NAFTA 2.0 skirmish with the U.S.

Business

Huawei executive arrested by Canadian officials at USA request

In a statement posted online Wednesday , the embassy says Wanzhou Meng hasn't violated any USA or Canadian laws, and called the arrest a serious violation of human rights. The Wall Street Journal reported last month that USA officials had briefed counterparts in countries including Germany, Japan and Italy on potential security risks from Huawei equipment.

Business

Chinese Tech Giant Huawei's CFO Arrested Abroad, Faces Extradition To US

The renewed jitters over the implications that Meng's arrest could have on US-China trade negotiations weighed on big exporters on Thursday. EMBATTLED CHINESE tech giant Huawei has received another blow, after its Chief Finance Officer ( CFO) Meng Wanzhou was arrested in Canada .

Business

Donald Trump Demands 'REAL DEAL' with China Despite Shaken Stock Market

Other concerns contributed to the stock sell-off, including falling long-term bond yields. "The negotiations with China have already started". Trump and White House aides have promoted the apparent U.S. Adding to the confusion, Mr Trump indicated on Tuesday that the trade talks could go beyond the March 1 deadline. As part of the truce, Trump agreed to hold off on plans to raise the tariffs on $200 billion in Chinese imports to 25 percent beginning January 1, leaving them at the ...

Business

Sask. not following Alberta in cutting oil production

Western Canadian Select's discount to WTI expanded to US$50 a barrel last month, the widest spread in more than a decade, amid pipeline bottlenecks and reduced demand from USA refineries undergoing maintenance. Grant Fagerheim is the president and CEO of Whitecap Resources Inc. which does work in Alberta but has 60 per cent of its production in Saskatchewan.


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