BLOOMBERG Virgin Orbit Holdings Inc filed for bankruptcy after the satellite launch firm tied to British billionaire Richard Branson failed to secure the funding needed to keep operating and cut about 85% of its staff. The company listed $243 million in assets and $153.5 million for its total debt in a Chapter 11 petition filed in Delaware. The move punctuates ...

BLOOMBERG French President Emmanuel Macron urged Xi Jinping to use his influence to help restore peace to Ukraine, saying the Chinese leader could bring all sides together to discuss a way to end the Russian invasion. “I know I can count on you to bring Russia back to reason and everybody to the negotiation table,” Macron told Xi during a ...

BLOOMBERG China accused India of kicking out journalists with its official news agency, and said it would have to take corresponding measures. India recently asked journalists from Xinhua News Agency to leave the country, Chinese Foreign Ministry spokeswoman Mao Ning said on Thursday at a regular press briefing in Beijing. “The Chinese embassy and China’s Ministry of Foreign Affairs have ...