US space industry funding drops 53% in Q1, hitting 8-year low – report
By Akash Sriram and Tanya Jain (Reuters) -Investments in the U.S. space industry dropped 53% to $2.2 billion in the…
Business
India monetary tightening cycle not over, inflation remains a concern -MPC minutes
By Swati Bhat MUMBAI (Reuters) – India’s current rate tightening cycle may not be over as more hikes could be…
Credit Suisse has ‘learnt nothing’ from 2008 crash, London court told
By Sam Tobin LONDON (Reuters) – Credit Suisse was accused on Thursday of having “learnt nothing” from the 2008 financial…
Some ECB governors doubted ‘immaculate disinflation’ in March
FRANKFURT (Reuters) -Some European Central Bank policymakers worried at their last meeting that the ECB’s new economic forecasts about wages,…
German govt to slightly raise 2023 GDP forecast – sources
By Holger Hansen BERLIN (Reuters) -The German government is set to slightly raise its economic growth forecast for this year…
Huntington Bancshares beats profit estimate on interest boost
(Reuters) – Huntington Bancshares Inc on Thursday reported a first-quarter profit that narrowly beat analysts’ estimates, as a boost from…
Mexico state-run lithium company analyzing geothermal extraction
By Kylie Madry MEXICO CITY (Reuters) – Mexico’s state-run lithium company is examining a geothermal extraction method of the white…
Usiminas posts Q1 profit beat but sees lower steel sales ahead
SAO PAULO (Reuters) – Usiminas expects its steel sales to slip in the second quarter from a year earlier, it…
AT&T misses quarterly revenue estimates as competition weighs
(Reuters) -Shares of AT&T Inc fell 4% in premarket trade on Thursday as the wireless carrier missed Wall Street estimates…
AutoNation quarterly revenue skids on cooling used-vehicle demand
(Reuters) -Auto retailer AutoNation Inc on Thursday missed Wall Street estimates for first-quarter revenue as higher new vehicle and after-sales…