Category Archives:
Marketmind: Are we there yet? Market holds breath for debt ceiling deal
A look at the day ahead in European and global markets from Ankur Banerjee Nervousness in the market over the looming U.S. debt ceiling deadline prevailed through the Asian hours and will remain the m...
May 16, 2023
Virgin Orbit enters “stalking horse” bid to sell aircraft assets for $17 million
(Reuters) - Bankrupt satellite launch company Virgin Orbit said on Tuesday it has entered into a "stalking horse" agreement with Stratolaunch to sell mainly its aircraft assets, including the "Cosmic ...
May 16, 2023
Vietnam EV maker Vinfast expects to break even by end-2024 – founder
HANOI (Reuters) - Vietnam's electric automaker VinFast expects to break even by the end of 2024, its founder said on Wednesday. Vinfast will also launch an EV-pickup truck and a city or "mini car" as ...
May 16, 2023
First nuclear fusion plants to need $7 billion supply chain -survey
By Timothy Gardner WASHINGTON (Reuters) - Companies looking to harness the process that powers the sun and stars to generate electricity expect to spend about $7 billion by the time their first nuclea...
May 16, 2023
Ex-First Republic CEO says regulators did not express concerns, blames contagion for bank’s collapse
(Reuters) - The former chief executive of the First Republic Bank Michael Roffler blamed contagion spread from the failures of regional banks for the bank's collapse and said regulators did not expres...
May 16, 2023
No Singapore Airlines group A320neos with Pratt engines grounded – exec
SINGAPORE (Reuters) - None of the Airbus A320neo planes in the Singapore Airlines group with Pratt & Whitney engines are currently grounded over a lack of spares, Leslie Thng, CEO of Scoot, the airlin...
May 16, 2023
Smaller consultancies eye opportunities as China crackdown hits sector leader
By Samuel Shen and Xie Yu SHANGHAI/HONG KONG (Reuters) - Smaller consultancy and due-diligence firms in China reckon they stand to gain once business returns to normal after the shock administered by ...
May 16, 2023
Asian shares tentative, US debt ceiling talks weigh on risk appetite
By Ankur Banerjee SINGAPORE (Reuters) - Asian shares were subdued on Wednesday and the dollar hovered around a five-week peak as investors remained risk averse, with the U.S. debt ceiling talks and a ...
May 16, 2023
Japan PM Kishida to meet executives from top chip firms -sources
TOKYO (Reuters) - Japan's Prime Minister Fumio Kishida plans to meet on Thursday with top executives from global semiconductor companies including TSMC to seek active investment in Japan, said two peo...
May 16, 2023
Court denies Elizabeth Holmes’ request to remain free while appealing conviction
By Jody Godoy (Reuters) - Theranos founder Elizabeth Holmes must begin serving her prison sentence while she appeals her conviction on charges of defrauding investors in the failed blood-testing start...
May 16, 2023
Peoria, IL, USA
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