Vulcan rocket’s space debut will be crucial for Boeing-Lockheed venture as sale talks loom
By Joey Roulette WASHINGTON (Reuters) -A lot is riding on the first launch of the new Vulcan rocket by the…
Month: January 2024
BP investors want oil firm to approach BAE chief as CEO- Sky News
(Reuters) -Some of BP’s largest shareholders have urged the company to approach BAE Systems Chief Executive Charles Woodburn about becoming…
Vietnam EV maker VinFast names founder as CEO, replaces CFO
By Phuong Nguyen HANOI (Reuters) -Vietnamese electric vehicle (EV) maker VinFast on Saturday named its founder and biggest financial backer,…
Wall Street posts small Friday win, but first weekly decline in ten
By David French (Reuters) -U.S. stock indexes endured a topsy-turvy session on Friday but ultimately closed marginally higher, although the…
Maersk warns of major disruption as it diverts ships away from Red Sea
By Jacob Gronholt-Pedersen COPENHAGEN (Reuters) -Maersk is diverting all container vessels from Red Sea routes around Africa’s Cape of Good…
China-U.S. cooperation ‘no longer an option … but an imperative’ – Wang Yi
By Liz Lee and Ethan Wang BEIJING (Reuters) -Chinese Foreign Minister Wang Yi said on Friday the most urgent task…
Investors flee to US money market funds on caution as rate cut optimism cools
(Reuters) – U.S. investors reduced holdings in equity funds, shifting to money market funds amid caution before key payroll reports,…
Pharmacy chain Walgreens cuts dividend to save cash, shares slump
By Bhanvi Satija and Mariam Sunny (Reuters) -Walgreens Boots Alliance on Thursday nearly halved its dividend payout as it attempts…
US plans $162 million award to Microchip Technology to boost production
By David Shepardson WASHINGTON (Reuters) – The U.S. Commerce Department said on Thursday it plans to award Microchip Technology $162…
Mobileye’s supply glut warning rattles auto chip stocks
(Reuters) -Self-driving technology company Mobileye Global warned on Thursday that a pullback in orders from customers clearing excess inventory will…