BLOOMBERG Walmart Inc is betting on greater supply-chain automation and hinting that a recent investment binge might lift profit beyond the retailer’s stated long-term goals. Within three years, the unit cost of moving goods will fall 20% as warehouse robots play a larger role in speeding goods to customers, Walmart said. While the company reiterated its outlook for this year …

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 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 …