(Reuters) - Virgin Galactic Holdings said on Thursday that the space tourism startup will launch its second commercial flight in a window that opens next month after a successful first flight in June. The firm is among the few U.S.-based…
(Reuters) - The credit ratings of global property insurers are coming under pressure as rising reinsurance costs force them to cut back on cover and retain more risks themselves, DBRS Morningstar analysts said in a research note on Wednesday. Reinsurers,…
BERLIN (Reuters) - Mercedes-Benz Group sales in the second quarter rose 6% year-on-year - a total of 515,700 vehicles - on the back of demand for all-electric and top-end vehicles, the German carmaker said on Tuesday. Sales grew in all…
By Scott Murdoch and Julie Zhu HONG KONG (Reuters) - Alibaba Group and Tencent shares rose in Hong Kong on Monday as China's $984 million fine for Ant Group was viewed as signalling the end of a regulatory crackdown on…
By Jody Godoy (Reuters) -Twitter has threatened to sue Meta Platforms over its new Threads platform in a letter sent to the Facebook parent's CEO Mark Zuckerberg by Twitter's lawyer Alex Spiro. Meta, which launched Threads on Wednesday and has…
By Safiyah Riddle (Reuters) - American employers slowed downsizing in June, announcing the lowest number of layoffs since October 2022. According to the latest job cuts report from employment firm Challenger, Gray & Christmas released on Thursday, U.S.-based employers said…
By Lewis Krauskopf, Bansari Mayur Kamdar and Johann M Cherian (Reuters) - Wall Street's main indexes ended with modest declines on Wednesday as investors digested minutes from the U.S. Federal Reserve's latest meeting and braced for significant economic data in…
LONDON (Reuters) - U.S. property catastrophe reinsurance rates rose by as much as 50% at a key July 1 renewal date, broker Gallagher Re said in a report on Monday, with states such as California and Florida increasingly hit by…
By Doyinsola Oladipo and Rajesh Kumar Singh NEW YORK (Reuters) -The number of people traveling by air in the United States for the Fourth of July holiday is expected to surpass pre-COVID levels for the first time in four years,…
FRANKFURT (Reuters) - German regulators have told Binance they will not grant it a cryptocurrency custody license, a person with direct knowledge of the matter said on Thursday, the latest in a string of setbacks for the world's biggest cryptocurrency…
