Virgin Galactic to start commercial flight in late June, shares rise
(Reuters) – Space-tourism company Virgin Galactic Holdings said on Monday that a four-member test flight will take place in May…
Business
Brazil’s Itau Unibanco first-quarter net profit up 14.6%
SAO PAULO (Reuters) -Itau Unibanco Holding SA, Brazil’s biggest private bank, reported on Monday first-quarter recurring net profit up 14.6%…
Brazil’s ride-hailing app 99 aims to double electric cars within a year
By Andre Romani SAO PAULO (Reuters) – Brazilian ride-hailing app 99 is planning to more than double the number of…
Bentley production chief to lead Volkswagen’s software overhaul
By Jan Schwartz (Reuters) -Volkswagen has appointed Bentley production chief Peter Bosch to lead its software subsidiary Cariad, dismissing all…
VW’s Skoda Auto reports 61% rise in Q1 operating profit
PRAGUE (Reuters) – Czech carmaker Skoda Auto, part of the Volkswagen group, lifted operating profit by 60.8% year-on-year to 542…
Exclusive-HSBC reaches deal to buy out China fund partner -sources
By Selena Li HONG KONG (Reuters) -HSBC has agreed to buy out its China fund management joint venture partner, two…
KKR posts 26% drop in Q1 earnings, beating expectations
By Chibuike Oguh NEW YORK (Reuters) – KKR & Co Inc said on Monday its after-tax distributable earnings fell 26%…
Standard Chartered CEO says big U.S. recession unlikely
By Yousef Saba DUBAI (Reuters) – Standard Chartered Chief Executive Bill Winters said on Monday he sees a big recession…
After weight loss, Alzheimer’s may be next frontier for drugs like Ozempic
By Natalie Grover LONDON (Reuters) – Diabetes drugs that also promote weight loss such as Novo Nordisk’s Ozempic, becoming a…
Red metal rising: Argentina sets lofty sights on global copper top 10
By Lucila Sigal BUENOS AIRES (Reuters) – Argentina, known better for its Malbec than its mining, has its sights set…