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Satellites
Richard Branson’s Virgin Orbit in talks about potential buyout
...Since the company was founded he has invested $1bn into Virgin Orbit, with $60mn injected since November....
March 16, 2023
Informa PLC
Informa employee snubbed Israeli tech firm citing company policy
...The Israeli tech company had been attempting to register a senior director at the annual Finovate conference, a global event for financial technology companies....
January 31, 2024
FT Live
Future of Asset Management Europe
New fund firm models for Europe's resurgence
Tuesday, 12 NovemberLondon, UK
News updates from March 14: Chuck Schumer calls for Netanyahu’s replacement; China hits out at US push to ban TikTok as Steven Mnuchin plots bid
SpaceX’s Starship reaches orbit at third attempt but is lost at re-entry
...The launch followed two failed attempts to reach orbit last year. The largely successful test means Starship has now taken a big step towards proving its ability to carry 150 tonnes into orbit....
March 14, 2024
Kim Ghattas
Iran-Saudi ties prove an unlikely Middle East safety valve
...Yet it has withstood the shock of the war in Gaza, one of the most cataclysmic events in the Middle East’s recent history — in fact it has proved a fortuitous but essential safety valve that has spared the...
March 21, 2024
Tony Barber
Post-Soviet neighbours navigate the orbit of Russian power
...Moldova has also tightened customs controls on Transnistrian companies....
March 5, 2024
Live news: News updates from November 22: Sam Altman to return as Open AI CEO, Far-right leader set to come first in Dutch elections
North Korea says it has successfully launched spy satellite into orbit
...North Korea says it has “successfully” launched a military spy satellite into orbit for the first time, two months after Russian President Vladimir Putin pledged to assist Kim Jong Un’s space ambitions....
November 22, 2023
FT Live
Moral Money Summit Asia
Strategies for greener, fairer capitalism
Wednesday, 4 SeptemberSingapore
Rana Foroohar
America now has a high-pressure economy
...Or, at the very least, wonder what will happen when the pressure valves are released. rana.foroohar@ft.com...
February 11, 2024
Currencies
The case for a sterling squeeze
...How the structural external position of the UK economy evolves will be an important watchpoint for FX investors given GBP’s potential source as a ‘release valve’ for the economy....
October 12, 2023
Virgin Orbit
Branson and creditors of Virgin Orbit raise $36mn from fire sale
...A third space company, Launcher Inc, recently acquired by Vast, a private space station company, has bought Virgin Orbit’s launch site and lease in the Mojave desert for $2.7mn....
May 23, 2023
ReviewFilm
Priscilla — Sofia Coppola’s woozy portrait of life in Elvis’s quiffed shadow
Cailee Spaeny stars as the awestruck teenager sucked into the turbulent orbit of the superstar
January 3, 2024
Virgin Orbit
Virgin Orbit shares plunge after announcing ‘ceased operations’
...Shares in Sir Richard Branson’s Virgin Orbit tumbled more than 30 per cent on Friday after the rocket launch company said it was axing 85 per cent of its workforce having “ceased operations for the foreseeable...
March 31, 2023
LexThames Water
Thames Water: debt gusher lacks shut-off valve Premium content
...One unresolved question is whether some shareholders in the group’s web of holding companies are also creditors....
June 29, 2023
Inside BusinessPeggy Hollinger
Space needs a sustainable insurance industry
...Yet many of the companies operating there are not insured. According to Axa XL, of the 4,400 operational LEO satellites in 2021, just 47 were covered....
September 27, 2023
Space Exploration Technologies Corp
SpaceX rocket explodes before reaching orbit
...Capable of carrying as much as 100 tonnes into low Earth orbit, Starship could greatly reduce the cost of lifting satellites into orbit....
April 20, 2023
Virgin Orbit
Virgin Orbit files for bankruptcy protection in US
...Sir Richard Branson’s Virgin Orbit has collapsed 15 months after the rocket launch company went public with a valuation of $3.7bn....
April 4, 2023
FT Live
Infrastructure Investment in Latin America and the Caribbean
Identifying opportunities for investors and asset managers
Wednesday, 12 June237 Park Avenue, New York, NY, USA
Virgin Orbit
Virgin Orbit shares sink after rocket ‘anomaly’
...The company soon halted the livestream that had attracted close to 50,000 viewers, thanking customers and Spaceport Cornwall for their efforts....
January 10, 2023
Satellites
Mis-steps that brought Virgin Orbit crashing back to earth
...But mis-steps had made Virgin Orbit more vulnerable than most, several people inside and outside the company told the FT....
March 31, 2023
Live news updates from April 20: SpaceX rocket explodes, Nato chief makes first wartime Ukraine visit
SpaceX rocket explodes before reaching orbit in partial success for Musk
...SpaceX’s giant Starship rocket left the launch pad for the first time on Thursday but exploded before reaching orbit, marking a partial success for Elon Musk’s company in its effort to build a rocket capable...
April 20, 2023
Space exploration
China sends first civilian into orbit as Xi Jinping pursues ‘eternal dream’
...China has sent its first civilian into orbit as it prepares to launch a manned mission to the Moon by 2030 and achieve what President Xi Jinping has described as the country’s “eternal dream” of becoming...
May 30, 2023
The Big Read
How India is slowly moving into the American orbit
...“There is no indication that Modi is moving towards the US orbit when comes to Russia.”...
June 23, 2023
Live news updates from April 4: Trump pleads not guilty, Kremlin calls Finland’s Nato entry an ‘aggravation’
Richard Branson’s Virgin Orbit files for Chapter 11 bankruptcy protection in US
...Sir Richard Branson’s Virgin Orbit has collapsed 15 months after the rocket launch company went public with a valuation of $3.7bn....
April 4, 2023
Live news updates from March 16: Big banks bolster First Republic, ECB increases rates by 50bps
Virgin Orbit shares slip after it announces ‘operational pause’
...In a statement on Thursday, the company said: “Virgin Orbit is initiating a company-wide operational pause, effective March 16 2023, and anticipates providing an update on go-forward operations in the coming...
March 16, 2023
Live news updates from April 4: Trump pleads not guilty, Kremlin calls Finland’s Nato entry an ‘aggravation’
Virgin Orbit doubts it can continue operations for at least a year
...Sir Richard Branson’s Virgin Orbit doubts it will be able to continue operations for at least 12 months after the expected release of its annual report, according to a US regulatory filing....
April 4, 2023
Lex PopuliInvestments
If you like a company, should you buy its shares?
...As they garner more information about their companies — assuming it is positive — they hold fast. Of course it cuts both ways....
April 19, 2024
Thames Water
Thames Water’s parent company defaults on debt
...The nearly £15bn of debt held by the Thames Water utility companies that sit below Kemble should be unaffected by the default....
April 5, 2024

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