 | | | | The U.S. central bank is flagging a turning point in monetary policy, as a Federal Reserve policymaker on Friday backed interest rate hikes in the "near term" but nodded to increasingly less certainty ahead. | | | | | | U.S. monetary policy is at a "turning point," St. Louis Federal Reserve bank president James Bullard said on Friday, as the Fed balances the behavior of inflation, the economy, and the rate hikes it has approved so far. | | | | | | Slack Technologies Inc, a provider of chat and direct messaging services for businesses, has hired investment bank Goldman Sachs Group Inc to lead its initial public offering (IPO) next year as an underwriter, people familiar with the matter said. | | | | | | Wall Street's main indexes fell more than 2 percent on Friday in a broad sell-off led by declines in big Internet and technology shares, and posted their largest weekly percentage drops since March as concerns over U.S.-China trade tensions and interest rates convulsed Wall Street. | | | | | | U.S. prosecutors want to extradite a top executive of China's Huawei Technologies Co Ltd [HWT.UL] to face accusations she covered up links to a company that sold equipment to Iran despite U.S. sanctions, a Vancouver court heard on Friday. | | | | | | Recent market developments and an expected Federal Reserve interest rate increase means there is a "real risk" of the yield curve inverting this month, St. Louis Federal Reserve bank president James Bullard said on Friday. | | | | | | At a closed-door security meeting of U.S. companies in Singapore on Thursday, one topic was high on the agenda: the arrest of a top executive at Chinese tech giant Huawei [HWT.UL] and the potential backlash on American firms operating in China. | | | | | | The arrest in Canada of a top Chinese technology executive for possible extradition to the United States has roiled markets and cast doubt on a recent U.S.-China trade truce. | | | | | | The European Union should be worried about Huawei [HWT.UL] and other Chinese technology companies because of the risk they pose to the bloc's industry and security, the EU's technology chief said on Friday, echoing concerns raised elsewhere in the world. | | | | | | Russian Foreign Minister Sergei Lavrov said on Friday that the detention of Chinese technology giant Huawei's chief financial officer in Canada was an example of "arrogant" U.S. policy abroad. | | | | | |
