The finance chief of Chinese telecom giant Huawei was arrested in Canada at the U.S.’s request over alleged Iran sanctions violations.
A bail hearing for Meng Wanzhou, Huawei CFO and daughter of the company’s founder Ren Zhengfei, is set for Friday.
An expanded version of this report appears on WSJ.com.
Also popular on WSJ.com:
Gwyneth Paltrow wants to convert you.
China maneuvers to snag top-secret Boeing satellite technology.
Get the top tech stories of the day delivered to your inbox. Subscribe to MarketWatch’s free Tech Daily newsletter. Sign up here.