Oct 18 (Reuters) - U.S.-based electronic components distributor Arrow Electronics ( ARW ) said on Saturday the U.S. government was reversing trade restrictions placed on Arrow's China-based affiliates for facilitating the sale of U.S. components found in weaponized drones used by Iran-backed groups like the Houthis. Arrow (China) Electronics Trading Co and another Arrow entity with six aliases in Hong...

WASHINGTON, Oct 18 (Reuters) - Democrats in Congress on Saturday criticized the Trump administration's decision to buy two Gulfstream G700 jets for $172 million during the ongoing government shutdown that are to be used by Homeland Security Secretary Kristi Noem and other senior leaders. The U.S. Coast Guard entered into a sole-source contract on Friday, according to a government contracting...

(Reuters) -U.S.-based electronic components distributor Arrow Electronics ( ARW ) said on Saturday the U.S. government was reversing trade restrictions placed on Arrow's China-based affiliates for facilitating the sale of U.S. components found in weaponized drones used by Iran-backed groups like the Houthis. Arrow (China) Electronics Trading Co and another Arrow entity with six aliases in Hong Kong were added...

Oct 18 (Reuters) - Chinese tech giants including Alibaba-backed Ant Group and e-commerce group JD.com ( JD ) have paused plans to issue stablecoins in Hong Kong after the government raised concerns about the rise of currencies controlled by the private sector, the Financial Times reported on Saturday. Companies have put their stablecoin ambitions on hold after receiving instructions from...