U.S. Justice Department in talks with Meng Wanzhou over deal to free the Huawei executive: report

The U.S. Justice Department is talking to representatives of Meng Wanzhou that would see the Chinese telecom executive free to return home from Canada in exchange for signing a deferred prosecution agreement, according to a report in the Wall Street Journal. Meng, the chief financial officer of Huawei Technologies Co., was detained in December 2018…

Plenty of booby traps on a path to economic recovery littered with unknowns

As the folk tales tell us, it is a fool who tries to please everyone. But as the finance minister in a minority government that will one day soon have to face the electorate, Chrystia Freeland must do her best to satisfy a majority.Critics, including some in the suffering airline industry, complained that this week's…

Fiscal update brings more talk about help for working women, but precious few details

Ottawa's fiscal update on Monday outlined what the government is proposing to do to help the economy survive the pandemic, and thrive as the country emerges from it some time soon.  And policy makers say a big part of that recovery will hinge on what help is coming for one of the hardest hit demographic…

Govt caps savings tools investment

The finance ministry yesterday fixed the maximum limit of national savings certificates that people would be able to purchase individually and under joint names. According to a notification of the Internal Resources Division, a person will not be able to invest more than Tk 50 lakh in three savings instruments: the five-year Bangladesh savings certificate,…