Business
Virgin Orbit’s would-be white knight and a $200 million rescue that fell flat
By Joey Roulette and Kevin Krolicki (Reuters) – As the fortunes of Richard Branson’s Virgin Orbit were crashing to Earth last month,…
Business
Austrian banks unaffected by banking turmoil – finance minister tells NZZ
ZURICH (Reuters) – Austria’s government is monitoring the global banking turmoil although there are so far no signs of it spreading to…
Business
Bank deposits edge up after record outflows, Fed data shows
By Dan Burns (Reuters) – Deposits at U.S. commercial banks rose near the end of March for the first time in about…
Business
Kuroda less dovish as he departs BOJ after decade of massive stimulus
By Leika Kihara TOKYO (Reuters) -Haruhiko Kuroda took a slightly less dovish tack in his farewell as Japan’s central bank chief on…
Business
China’s Alibaba invites businesses to trial AI chatbot – media
SHANGHAI (Reuters) – Tech giant Alibaba is seeking companies to test its Tongyi Qianwen AI chatbot, business publication STAR Market Daily reported…
Business
Toyota to launch 10 new battery EV models by 2026
By Daniel Leussink and Maki Shiraki TOKYO (Reuters) – Toyota Motor Corp will introduce 10 new battery-powered models and target sales of…
Business
Airbus deliveries fell to 127 jets in Q1, sources say
By Tim Hepher PARIS (Reuters) -Airbus deliveries fell by 11% on an industrial basis to 127 jets in the first quarter, underscoring…
Business
Virgin Orbit bankruptcy casts shadow over Japan’s space dreams
By Eimi Yamamitsu TOKYO (Reuters) – The bankruptcy filing by Richard Branson’s Virgin Orbit Holdings Inc has dealt a blow to Japan’s…
Business
U.S. IRS to hire nearly 30,000 staff over two years with $80 billion in new funds
By David Lawder WASHINGTON (Reuters) -The U.S. Internal Revenue Service plans to hire nearly 30,000 new employees and deploy new technology over…
Business
World stocks dither, bonds steady as recession worries weigh
By Naomi Rovnick and Kevin Buckland LONDON/TOKYO (Reuters) -Global stocks drifted on Thursday and U.S. Treasury yields hovered near multi-month lows as…