WASHINGTON (Reuters) – A senior U.S. sanctions official is alerting European countries to Russian efforts to acquire certain sanctioned goods, as Washington seeks to root out sanctions evasion by Moscow. Under Secretary of the Treasury for Terrorism and Financial Intelligence Brian Nelson is visiting Switzerland, Italy, Austria and Germany this week, where he is meeting…
By Valerie Insinna and Brenda Goh WASHINGTON/SHANGHAI (Reuters) -China’s aviation regulator has published a report that Boeing views as a key step for the U.S. planemaker to resume deliveries of its 737 MAX to Chinese airlines more than four years after they were halted following two deadly crashes. Boeing has more than 130 completed MAX…
WASHINGTON (Reuters) – No decision yet has been made to evacuate American diplomatic personnel from Sudan but the United States is preparing for such an eventuality if it becomes necessary, the White House said on Friday. John Kirby, the White House national security spokesperson, said that for all American citizens in Sudan, they must “make…
By David Lawder WASHINGTON (Reuters) – The Financial Stability Oversight Council on Friday is voting on a new framework to better identify and respond to stability risks and on revised guidance to make it easier to designate non-bank financial institutions for regulatory supervision, U.S. Treasury Secretary Janet Yellen said on Friday. Yellen said in prepared…
(Reuters) – A Russian official warned on Friday of an “uncontrollable” arms race involving multiple nuclear powers, the state-owned RIA news agency said. “In essence, we are witnessing a missile arms race with consequences that are hard to predict. Tens of billions of dollars are being invested in improving missile technology. This process is taking…
RAMSTEIN AIR BASE, Germany (Reuters) – The U.S. decision to provide Ukraine with 31 advanced M1A2 Abrams tanks will make a difference in the war but is no silver bullet, U.S. Army General Mark Milley, chairman of the Joint Chiefs of Staff, said on Friday. Milley’s remarks came as the United States announced that Abrams…
JOHANNESBURG (Reuters) – Labour unions rejected a 3.75% pay rise offer from South Africa’s power utility Eskom as it is below the rate of inflation, union representatives said on Friday. Unions are demanding a 15% increase in wages at Eskom, which is implementing rolling blackouts of about 10 hours a day as it struggles to…
OTTAWA (Reuters) -Canadian retail sales dipped by 0.2% in February from January, and are expected to drop another 1.4% in March, according to data from Statistics Canada on Friday, indicating high interest rates may be starting to dent consumer spending. February’s decline, smaller than analysts’ forecast of a 0.6% fall, was led by lower sales…
By Lucila Sigal BUENOS AIRES (Reuters) -Argentine President Alberto Fernandez will not run in the country’s October general election, the center-left leader announced on Friday, throwing open a race to lead the Peronist coalition at the ballot amid swirling economic crisis. In a video message, Fernandez, who came into office in late 2019, said he…
(Reuters) – Alphabet Inc’s Google said on Friday it will update Bard, its generative artificial intelligence (AI) chatbot, to help people write code to develop software, as the tech giant plays catch-up in a fast-moving race on AI technology. Last month, the company started the public release of Bard to gain ground on Microsoft Corp. The…
