Shein steps up London IPO preparations amid U.S. hurdles to listing, sources say
By Julie Zhu, Greg Roumeliotis and Kane Wu HONG KONG/NEW YORK (Reuters) -Fast-fashion giant Shein is stepping up preparations for…
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Musk’s Starlink satellites disrupted by major solar storm
By Utkarsh Shetti (Reuters) -Starlink, the satellite arm of Elon Musk’s SpaceX, warned on Saturday of a “degraded service” as…
US bill to restrict WuXi AppTec, Chinese biotechs revised to give more time to cut ties
By Karen Freifeld (Reuters) -A new version of a congressional bill that would restrict U.S. business with certain Chinese biotechnology…
Fed officials mull whether rates high enough as inflation expectations jump
By Ann Saphir and Howard Schneider NEW ORLEANS (Reuters) -Debate over whether U.S. interest rates are high enough deepened among…
After layoffs, Musk says Tesla to spend $500 million on charging network
(Reuters) -Tesla will spend more than $500 million this year to expand its fast-charging network, CEO Elon Musk said on…
US announces new $400 million military aid package for Ukraine, official says
(Reuters) – The United States is preparing a $400 million military aid package for Ukraine, as the U.S. returns to…
ECB set scene for June rate cut at last meeting, account shows
FRANKFURT (Reuters) -Euro zone inflation remains on track to fall back to 2% next year, so European Central Bank policymakers…
US Post Office chief defends restructuring plan as net loss narrows
By David Shepardson WASHINGTON (Reuters) -U.S. Postmaster General Louis DeJoy defended the Postal Service’s 10-year restructuring plan in the face…
Factbox-EU to target LNG, ships, violations in new Russia sanctions package
BRUSSELS (Reuters) – European Union ambassadors will hold a first discussion on Wednesday on a planned 14th package of sanctions…
Boeing Starliner capsule’s first crewed flight delayed over rocket glitch
(Reuters) – Boeing’s <BA.N> long-awaited first crewed test flight of the new Starliner space capsule was called off for at…