ROME (Reuters) - Telespazio, a joint venture between Italy's Leonardo and France's Thales said on Thursday it had signed an agreement with Elon Musk's SpaceX to commercialise Starlink services.
SpaceX's Starlink, which owns around 60% of the roughly 7,500 satellites orbiting Earth, is dominant in the satellite internet sphere.
The constellation of satellites is designed to provide broadband internet services around the world,... (continue reading...)
MOSCOW (Reuters) - Russia has approved a project to build the first high-speed passenger railway between its two biggest cities, Moscow and St. Petersburg, to be funded with billions of dollars from the state budget, a government directive showed on Thursday.
The government approved the construction of the 679 km railroad, which should allow Russian-made trains travelling at 360 km/hour per hour to get from Moscow to St. Petersburg in 2-2.5 hours... (continue reading...)
CAIRO (Reuters) - Talks involving Qatari, Egyptian and U.S. mediators aimed at reaching a ceasefire between Israel and Hamas in the Gaza war were still underway on Thursday but had shown no sign of a breakthrough, two Egyptian security sources said.
The talks began on Wednesday, when CIA director William Burns met senior officials from Qatar and Egypt in Doha to discuss a proposal that U.S. President Joe Biden publicly endorsed last week. Biden... (continue reading...)
By Kirsty Needham and Andrew Silver
SYDNEY/SHANGHAI (Reuters) - Employees of drugmaker WuXi AppTec, under U.S. scrutiny for its links to the Chinese military, co-invented altitude sickness treatments with People's Liberation Army (PLA) scientists, according to public patent records and science papers reviewed by Reuters.
The news agency identified 10 patent filings that list six of WuXi AppTec's staff as co-inventors of altitude sickness... (continue reading...)
SHANGHAI (Reuters) - Chinese electric vehicle maker Nio said on Thursday that it expected its EV deliveries in the second quarter to more than double from a year ago to between 54,000 and 56,000.
Revenue in the three-month period starting April would also nearly double to about $2.3 million, the company added.
Nio also saw its net profit in the first quarter grow 9.4% from the same period in 2023.
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