(Reuters) -Cybersecurity firm SentinelOne Inc was set to shed over a third of its market value on Friday after a tough economy and stiff competition slammed its quarterly earnings and forecast. Shares of the company sank 35% in early trading on Friday and the stock could erase most of the 42% rise it has posted…
(Reuters) -Boeing Co. CEO Dave Calhoun on Friday said progress on resolving supply chain problems has been “frustratingly slow” even as airlines’ demand for planes has bounced back to pre-pandemic levels. Boeing has seen improvements in certain elements of its supply chain, such as engine forgings and castings, Calhoun said. But the ability of aircraft…
TBILISI (Reuters) – Armenia is not a Russian ally in the Ukraine war and is worried about the impact of that crisis on its relations with other countries, Prime Minister Nikol Pashinyan said, drawing a cautious response in Moscow. The tiny ex-Soviet nation in the southern Caucasus region has close security and economic ties to…
By Essi Lehto, Anne Kauranen and Humeyra Pamuk HELSINKI/WASHINGTON (Reuters) -U.S. Secretary of State Antony Blinken on Friday warned against any peace initiatives that could help legitimize Russia’s seizure of Ukrainian territory, saying a “just and durable” peace effort should address accountability and reconstruction. Delivering what U.S. officials described as a highlight speech that lays…
By Fatos Bytyci PRISTINA (Reuters) – Kosovo opposition parties on Friday blamed Prime Minister Albin Kurti for worsening relations with Western allies over violence in the north in which NATO peacekeepers were injured, and they called for a no-confidence motion against the government. Unrest intensified in the area after elections in April that were boycotted…
(Reuters) – Federal Reserve policymakers will probably leave interest rates unchanged when they meet later this month, but keep the door open to a rate hike in July, after a government report on Friday showed employment surged in May, but pay gains cooled. Traders now see about a one-in-three chance that the Fed will deliver…
LONDON (Reuters) – Torsten Schoeneborn, global co-head of electronic equities and portfolio trading at BNP Paribas, is leaving the firm for another bank, two sources with knowledge of the matter told Reuters on Friday. Schoeneborn did not immediately respond to a request for comment on LinkedIn. Reuters was not immediately able to confirm where he…
By Guy Faulconbridge MOSCOW (Reuters) – Alexei Navalny, Russia’s most famous opposition leader, on Friday shared letters showing how he has poked fun at prison authorities for several months with a host of bizarre requests for a kimono, a balalaika, a beetle and even to keep a kangaroo. The requests were turned down by the…
NEW YORK (Reuters) – U.S. employment increased more than expected in May, but a moderation in wages could allow the Federal Reserve to skip an interest rate hike this month for the first time since embarking on its aggressive policy tightening campaign more than a year ago. Nonfarm payrolls increased by 339,000 jobs last month,…
By Milana Vinn, Abigail Summerville and David Carnevali NEW YORK (Reuters) – Barclays Chief Executive C.S. Venkatakrishnan held a virtual town hall this week to address management changes that have led to about two dozen U.S. investment bankers fleeing in the last few weeks, people familiar with the matter said. The bankers have left for…
