By Rich McKay and Jonathan Allen ATLANTA (Reuters) -One of three white men convicted of murdering Ahmaud Arbery, a Black man chased down and shot while jogging, withdrew his guilty plea to U.S. federal hate-crime charges on Friday and will face trial n…
U.S. labor market posts strong job gains despite Omicron surge
By Lucia Mutikani WASHINGTON (Reuters) – The U.S. economy created far more jobs than expected in January despite the disruption to consumer-facing businesses from a surge in COVID-19 cases, pointing to underlying strength that should sustain the expans…
U.S. House backs sweeping China competition bill as Olympics start
By Patricia Zengerle and Michael Martina WASHINGTON (Reuters) -The U.S. House of Representatives on Friday narrowly passed a multibillion-dollar bill https://www.reuters.com/business/us-house-leaders-set-unveil-chips-china-competition-bill-2022-01-25 a…
Biden admin eases Trump-era solar tariffs but doesn’t end them
By Jarrett Renshaw and Nichola Groom (Reuters) -U.S. President Joe Biden extended Trump-era tariffs on imported solar energy equipment by four years on Friday, but in a major concession to installers he also eased the terms to exclude a panel technolog…
News Corp says one of its network systems targeted by cyberattack
(Reuters) – Wall Street Journal-parent News Corp said on Friday one of its network systems containing sensitive business information, including personal data of its customers and employees, was the “target of persistent cyberattack activity”. The compa…
Tech stocks edge higher after Meta rout
By Julien Ponthus (Reuters) – Growth and technology stocks rebounded on Friday, as traders weighed stellar results from Amazon.com Inc against an unexpectedly strong U.S. employment number that propelled Treasury yields higher. The tech-heavy Nasdaq Co…
Olympics-Beijing Games burst into life under shadow of COVID and conflict
By Tony Munroe, Muyu Xu and Gabrielle Tétrault-Farber BEIJING (Reuters) – Chinese President Xi Jinping opened a Beijing Winter Olympics on Friday that not only bear the mark of the global coronavirus pandemic but are also mixing sport and global politi…
Russia, China agree 30-year gas deal via new pipeline, to settle in euros
By Chen Aizhu (Reuters) – Russia has agreed a 30-year contract to supply gas to China via a new pipeline and will settle the new gas sales in euros, bolstering an energy alliance with Beijing amid Moscow’s strained ties with the West over Ukraine and o…
China, Russia partner up against West at Olympics summit
By Tony Munroe, Andrew Osborn and Humeyra Pamuk BEIJING/ MOSCOW/WASHINGTON (Reuters) – China and Russia on the opening day of the Winter Olympics declared a “no limits” partnership, backing each other over standoffs on Ukraine and Taiwan with a promise…
Putin hails $117.5 billion of China deals as Russia squares off with West
By Vladimir Soldatkin and Chen Aizhu MOSCOW/SINGAPORE (Reuters) -President Vladimir Putin unveiled new Russian oil and gas deals with China worth an estimated $117.5 billion on Friday, promising to ramp up Russia’s Far East exports at a time of heighte…