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Category: SRN News

Starlink disruptions are being felt on the front lines of Ukraine

By Sergiy Chalyi DONETSK REGION, Ukraine, Oct 16 (Reuters) – For one artillery unit fighting in eastern Ukraine, the US decision this week to reduce services provided by satellite company Starlink to the military had an immediate impact. Communications with headquarters were interrupted and internet…

Germany, Portugal reaffirm ‘unwavering’ support for Ukraine

BERLIN, Oct 16 (Reuters) – German Foreign Minister Johann Wadephul and his Portuguese counterpart Paulo Rangel on Friday reaffirmed their countries’ steadfast backing for Ukraine, saying that Russia had shown no willingness to negotiate by intensifying its attacks. “In this difficult geopolitical situation, we share…

Union Pacific CFO Jennifer Hamann to retire in early 2027

Oct 16 (Reuters) – Railroad operator Union Pacific said on Friday its Chief Financial Officer Jennifer Hamann will retire in early 2027, after 35 years with the company. • Hamann was appointed CFO in January 2020, making her the first woman to hold the role…

Wall St opens muted as tech jitters linger; Tesla gains

Oct 16 (Reuters) – Wall Street’s main indexes opened largely muted on Friday as worries about cracks in the AI trade pressured semiconductor stocks, while gains in Tesla provided some support. The Dow Jones Industrial Average rose 130.6 points, or 0.25%, at the open to…

Central bankers eye higher rates as AI boom fuels scramble for cash

By Francesco Canepa, Leika Kihara and Rae Wee BANGKOK, Oct 16 (Reuters) – The artificial intelligence boom is setting off a global race for money, forcing central bankers to contemplate a future in which interest rates stay higher and governments need to tighten their belts…

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