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Business

PRECIOUS-Gold set for best month since July 2020 on banking turbulence

By Kavya Guduru March 31 (Reuters) – Gold prices edged up on Friday, en route to their best monthly performance since July 2020, as the

Business

EMERGING MARKETS-Asian currencies rise on weak dollar, Indonesian rupiah gains

By Upasana Singh March 31 (Reuters) – Asian currencies climbed on Friday against a weaker U.S. dollar, with the Indonesian rupiah among the region’s top

Virgin Orbit to Cut Workforce by 85%
Business

Virgin Orbit to Cut Workforce by 85%

The satellite-launch company is cutting expenses after failing to secure meaningful funding. Source link

Business

Industrial and Commercial Bank of China says mortgage NPL ratio rises

SHANGHAI, March 31 (Reuters) – Industrial and Commercial Bank of China (ICBC) 601398.SS, 1398.HK, the world’s largest listed lender by assets, said on Friday it

Bed Bath & Beyond Ends Hudson Bay Deal, Turns to Market for $300 Million to Avoid Bankruptcy
Business

Bed Bath & Beyond Ends Hudson Bay Deal, Turns to Market for $300 Million to Avoid Bankruptcy

Bed Bath & Beyond Inc. said it will try to sell up to $300 million of common stock in the open market while terminating a

Business

Shell puts a stop to Singapore biofuels, base oil projects

By Trixie Sher Li Yap and Florence Tan SINGAPORE, March 30 (Reuters) – Shell has decided not to go ahead with two projects it was

Ford Raises Price Again on Electric F-150 Lightning Truck
Business

Ford Raises Price Again on Electric F-150 Lightning Truck

Business Autos & Transportation Autos Industry Auto maker resumes full production of the truck after addressing a battery issue Source link

Business

METALS-Copper prices set for second quarterly gain on China demand

March 31 (Reuters) – Copper prices were on track for their second straight quarterly gain on Friday, lifted by an improvement in demand from top

Business

French car parts maker Faurecia opens $147 mln plant in Mexico

MEXICO CITY, March 30 (Reuters) – French car parts maker Faurecia EPED.PA opened a $147 million plant in Mexico to make car seats and interiors,

Business

Oil rises as China factory activity expansion lifts demand hopes

By Sudarshan Varadhan SINGAPORE, March 31 (Reuters) – Oil prices climbed in early Asian trade on Friday as sentiment was boosted by an expansion in