By Casey Hall and Sophie Yu SHANGHAI (Reuters) – China’s e-commerce platforms are competing fiercely in the country’s first major shopping festival after the pandemic, offering steep[...]
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June 16, 2023
Nissan operations chief Gupta, once seen as CEO candidate, to leave company
TOKYO (Reuters) -Nissan Motor’s Chief Operating Officer Ashwani Gupta will leave the Japanese automaker later this month to pursue other opportunities after helping to steer a turnaround plan ai[...]
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Bankman-Fried to get second trial on bank fraud, bribery counts
By Luc Cohen NEW YORK (Reuters) -A U.S. judge on Thursday granted a request from prosecutors to try some of their charges against Sam Bankman-Fried in a second trial next year separate from his schedu[...]
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Cheap ‘like cabbage’ apartments in some Chinese cities draw buyers, and caution
By Liangping Gao and Marius Zaharia BEIJING/HONG KONG (Reuters) – Beijing resident Hu Yongwei bought more than a dozen apartments in the small central Chinese city of Hebi for about $31,000 in a[...]
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US banking regulator seeks bids for Silicon Valley Bank’s German assets
(Reuters) -The U.S. banking regulator is seeking bids for the sale of collapsed Silicon Valley Bank’s German assets, according to a Thursday notice posted on its website. The U.S. Federal Deposi[...]
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Virgin Galactic plans first commercial space service for June; shares take off
(Reuters) -Virgin Galactic Holdings, the space tourism firm founded by Richard Branson, said on Thursday its long-awaited commercial spaceflight service would launch later this month, sending its shar[...]
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