UK faces long-term debt surge risk but pressure growing now – budget office
By William Schomberg LONDON (Reuters) -Britain’s public debt could surge to more than 300% of annual economic output by the…
Business
Virgin Galactic to launch second commercial space flight next month
(Reuters) – Virgin Galactic Holdings said on Thursday that the space tourism startup will launch its second commercial flight in…
Musk’s Twitter sues four Texas entities for data scraping, seeks damages
(Reuters) -Twitter has filed a lawsuit against four unnamed entities in Texas for data scraping last week, a move that…
Mitsubishi’s China JV to cut staff costs after SUV sales dive
BEIJING/SHANGHAI (Reuters) – Mitsubishi Motors’ joint venture with China’s Guangzhou Automobile Group (GAC) on Thursday said it would cut staff…
Exclusive-Ivory Coast halts cocoa forward sales as rains hit production
By Ange Aboa ABOISSO, Ivory Coast (Reuters) – Ivory Coast has stopped selling contracts for cocoa exports for the 2023-2024…
Chile miners, facing higher taxes, seek faster permits, lower energy costs
By Fabian Cambero SANTIAGO (Reuters) – Now that Chile has passed an increase in mining royalties, copper miners are pushing…
Stellantis to build new Jeep Compass as fifth model in Melfi – sources
MILAN (Reuters) – Stellantis will build the new Jeep Compass, one of the carmaker’s bestsellers in Europe, as the fifth…
Fragile UK economy set to dodge recession for now
By Andy Bruce and William Schomberg LONDON (Reuters) -Britain’s economy shrank by less than expected in May despite a bank…
Chindata says largest shareholder Bain will not sell stake after rival bid
(Reuters) – Chindata Group Holdings said on Thursday Bain Capital, its largest shareholder, did not intend to sell any of…
Analysis-Partnering with Coinbase could hinder bid for bitcoin ETF approval
By John McCrank and Michelle Price WASHINGTON (Reuters) – Partnering with Coinbase Global may hinder rather than help Nasdaq’s bid…