By David Shepardson and Raphael Satter WASHINGTON (Reuters) -The Federal Communications Commission (FCC) on Friday added Russia’s AO Kaspersky Lab, China Telecom (Americas) Corp and China Mobile International USA to its list of communications equipment and service providers deemed threats to U.S. national security. The regulator last year designated five Chinese companies including Huawei Technologies…
(Reuters) – Fitch said on Friday it has withdrawn Russia’s ratings to comply with European Union sanctions, after the rating agency downgraded the country’s rating to “junk” territory earlier this month. Aggressive sanctions against Russia over its invasion of Ukraine have targeted several banks and businesses, crippling the country’s economy and prompting the Russian rouble’s…
By Caroline Valetkevitch NEW YORK (Reuters) – The S&P 500 ended higher on Friday as financial shares rose after the benchmark Treasury yield jumped to its highest level in nearly three years. The Nasdaq ended lower, and tech and other big growth names mostly declined, but they finished off session lows following a late-session rally….
By Andrea Shalal WASHINGTON (Reuters) – The United States is done “sitting on its hands” and will more actively pressure China, the world’s second largest economy, to change trade practices that Washington believes distort the market, top U.S. trade negotiator Katherine Tai said. Tai, a trade lawyer and former congressional staffer appointed by President Joe…
By Caroline Valetkevitch NEW YORK (Reuters) – The S&P 500 ended slightly higher on Friday as financial shares rose after the benchmark Treasury yield jumped to its highest in nearly three years while tech and other big growth names declined. The S&P 500 financials sector gave the S&P 500 its biggest boost, while technology was…
By David Shepardson and Raphael Satter WASHINGTON (Reuters) -The Federal Communications Commission (FCC) on Friday added Russia’s AO Kaspersky Lab, China Telecom (Americas) Corp and China Mobile International USA to its list of communications equipment and services deemed a threat to U.S. national security. A 2019 law requires the FCC to publish and update a…
By Caroline Valetkevitch NEW YORK (Reuters) – The S&P 500 rose on Friday, with financial shares gaining as the benchmark Treasury yield jumped to its highest in nearly three years and offset declines in tech and other big growth names. The Dow was also higher, while the Nasdaq was down on the day. The S&P…
By Lawrence Delevingne (Reuters) -Shares on Wall Street took a breather on Friday after a tech-driven rally and U.S. Treasury yields rose to fresh heights as markets evaluated a world of elevated interest rates and effects of Russia’s war in Ukraine. The Nasdaq fell about 0.35% as a rally in technology stocks lost steam, while…
MILAN (Reuters) – The European Union will not loosen sustainability targets for the aviation industry despite the Ukraine conflict and a surge in fuel prices, the bloc’s top transport official said on Friday. “Although there are new challenges, the old challenges do not go away, and making aviation sustainable is a challenge,” EU Commission Director…
By Valerie Volcovici WASHINGTON (Reuters) -The Biden administration on Friday announced it will hold a wind energy auction for two areas off the coast of North and South Carolina in May as part of its plan to ramp up a nascent clean energy industry. The move is the latest in a broad government effort to…
