By David Shepardson WASHINGTON (Reuters) -The U.S. Transportation Department on Monday barred regional carrier SkyWest Inc from ending service to 29 locales until replacement carriers can be found under the government’s subsidy program to provide air service to smaller communities. SkyWest provides regional service for key airlines such as United Airlines, Alaska Airlines, Delta Air…
By Sarah Wu and Norihiko Shirouzu TAIPEI/BEIJING (Reuters) -China’s efforts to curb its largest COVID-19 outbreak in two years has forced Apple suppliers such as Foxconn to automakers Toyota and Volkswagen to suspend some operations, raising concerns over supply chain disruptions. Multiple Chinese provinces and cities have tightened restrictions in line with Beijing’s zero-tolerance goal…
WASHINGTON (Reuters) -The United States will continue take actions to put pressure on Russia’s economy and take away resources from Russian President Vladimir Putin’s invasion of Ukraine, Deputy U.S. Treasury Secretary Wally Adeyemo told CNBC on Monday. Asked if the Biden administration would meet Ukrainian President Volodymyr Zelenskiy’s demands to close international waterways for Russia…
By Philip Blenkinsop BRUSSELS (Reuters) -The European Union agreed on Monday new rules to limit access to its 2 trillion euros ($2.2 trillion) worth of public tenders in a move designed to pressure countries such as China to open up their markets. The rules are part of an EU push to develop a more assertive…
The fate of hundreds of planes leased by Russian airlines from foreign companies grew murkier Monday after Russian President Vladimir Putin signed a law letting the airlines register those planes and continue flying them. Russian state media said the law will let Russian airlines keep their fleets and operate foreign planes on routes within Russia….
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – Global investors are scooping up stakes in cryptocurrency funds and companies, as they seek exposure to a sector many believe could withstand the fallout from the Russia-Ukraine conflict. Research firm Fundstrat, in its latest note to clients, said venture capital (VC) buyers invested around $4 billion in the…
NEW YORK (Reuters) – Global companies, banks and investors so far have disclosed nearly $131 billion in exposure to Russia, company statements show. That number could rise in the coming weeks as more companies release detail. Here is a breakdown of what we know so far as Western sanctions in response to Russia’s invasion of…
SAO PAULO (Reuters) -Brazilian Agriculture Minister Tereza Cristina Dias said on Monday that Canada had cleared imports of beef and pork from Brazil. “We are in Ottawa and have just left the Canadian Ministry of Agriculture with … great news: the opening up of the country’s pork and beef market,” she tweeted. Canada’s Agriculture Ministry…
By Jan Strupczewski BRUSSELS (Reuters) – Euro zone finance ministers agreed on Monday to tighten fiscal policy a little next year after three years of pumping billions into the economy due to the coronavirus pandemic, but also to be ready with more cash should the war in Ukraine make it necessary. “The fundamentals of the…
By Nick Carey LONDON (Reuters) – Where you go. What you pass. Where you stop. What you listen to. What you watch. Your good habits. Your bad habits. Companies in Europe and beyond are vying for control of the crown jewels of the connected car era: your vehicle’s data. The contest is entering a pivotal…
