Huawei launches in-house software system after being cut off from US services
By David Kirton SHENZHEN, China (Reuters) – China’s Huawei Technologies said on Thursday it is replacing internal software management systems…
Business
Marketmind: Oil price relapse
A look at the day ahead in U.S. and global markets from Mike Dolan Throwing another curve ball into an…
Southwest network failure raises concerns over system’s strength
By Allison Lampert and Rajesh Kumar Singh (Reuters) -A technology failure that temporarily halted all departures of Southwest Airlines Co…
China’s Changan Auto to invest $285 million in EV facility in Thailand
BANGKOK (Reuters) – Chinese auto maker Changan Auto will invest $285 million in a facility in Thailand to produce 100,000…
JPMorgan sees “non-trivial risk” of a technical default on U.S. Treasuries as debt ceiling looms
LONDON (Reuters) – JPMorgan expects the U.S. debt ceiling to become an issue as early as next month with the…
UK rental housing less affordable than in 2019, ONS says
LONDON (Reuters) -Britons starting new private-sector housing tenancies spent an average of 26.8% of their income on rent in March,…
Germany, Italy push euro zone into trade surplus in Feb
BRUSSELS (Reuters) – The euro zone swung to a trade surplus in February from a deficit a year earlier, non-adjusted…
France sees debt burden easing, but interest costs surging
By Leigh Thomas PARIS (Reuters) -France will see its national debt burden fall faster than previously expected even though the…
South Korea announces $15 billion investment in advanced battery technologies
By Heekyong Yang SEOUL (Reuters) -The South Korean government and its top battery companies plan to jointly invest 20 trillion…
Branson’s Virgin Orbit files Chapter 11 bankruptcy plan
(Reuters) -Richard Branson’s Virgin Orbit Holdings Inc and its subsidiaries in the United States filed a Chapter 11 bankruptcy plan…