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Chicken-egg sized diamond found in Canada's frozen north

Sunday, December 16, 2018, 9:32 AM

A 552-carat yellow diamond has been found in Canada, the largest known discovery in North America. The diamond was unearthed at the Diavik Diamond Mine in Canada's Northwest Territories in October by mining company Dominion Diamond Mines, which made the announcement earlier this week. The "astonishing gemstone" will not be sold in its rough form, the company said.
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Huawei exec faces US fraud charges linked to Iran, court hears

Saturday, December 8, 2018, 10:12 AM

Chinese telecom giant Huawei's chief financial officer faces US fraud charges related to sanctions-breaking business dealings with Iran, a Canadian court heard Friday, a week after she was detained on an American extradition request. She is specifically accused of lying to US banks about the use of a covert subsidiary to sell to Iran in breach of sanctions.
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Chief financial officer of China's Huawei arrested in Canada

Thursday, December 6, 2018, 10:20 AM

Meng Wanzhou, the Chief Financial Officer of Huawei and daughter of Founder Ren Zhengfei, has been arrested in Canada, reportedly on suspicion that she violated US trade sanctions. This comes after US President Donald Trump signed a bill that would ban government agencies from using several Huawei products. Meng is being sought for extradition by the US, Canada said.

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