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Pentagon expected to back additional Huawei restrictions: source

WASHINGTON (Reuters) – The Pentagon is likely to back new U.S. restrictions on Huawei Technologies, reversing earlier opposition to a proposal meant to further crack down on exports to the blacklisted Chinese company, a person briefed on the matter told Reuters on Wednesday. The reversal would make it harder for U.S. companies to get around […]

Sudan to lift fuel subsidies gradually in 2020: minister

KHARTOUM (Reuters) – Sudan’s transitional government plans to remove fuel subsidies gradually in 2020 and double public sector salaries to ease the impact of galloping inflation, the finance minister said on Friday. The new civilian government is trying, with the help of donors, to launch a series of economic and political reforms after veteran ruler […]

United Airlines to record $90 million charge related to Hong Kong routes

(Reuters) – United Airlines Holdings Inc <UAL.O> said on Tuesday it expects a non-cash impairment charge of $90 million in the fourth quarter related to its Hong Kong routes, following anti-government protests in the city. The Hong Kong protests escalated in June over a now-withdrawn extradition bill, but have since developed into a broader movement. […]