Skyroot Raises 27.5M, Heating Up Indias Private Sector Space Race

HYDERABAD, Oct 30 Reuters India39;s Skyroot Aerospace said on Monday it has raised 27.5 million in a fresh round of funding led by Singapore39;s Temasek, upping the ante in the country39;s burgeoning space industry days after rival Agnikul Cosmos raised a similar amount. The Hyderabadbased company, which launched India39;s first private rocket in 2022, is set to […]
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China EV Maker BYD Reports Record Quarterly Profit of 1.42B in Q3

BEIJINGSHANGHAI, Oct 30 Reuters China39;s BYD Co Ltd, on Monday posted record thirdquarter earnings, its highest ever for any quarter, as the electric vehicle giant preserved its domestic market leadership despite softer demand and increased competition. Net profit for the third quarter reached 10.41 billion yuan 1.42 billion, a 82.2 increase from a year earlier, […]
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U.S. Core PCE Higher Change, RiskOff Mood, Gold Up

PREVIOUS TRADING DAY EVENTS 27 Oct 2023 The cost of goods and services rose a higherthanexpected 0.4 in September, keeping the pressure on the Federal Reserve about raising interest rates again. The increase in the PCE price index monthly figure was reported higher, 30 vs 0.10. U.S. consumer spending surged in September keeping spending on […]
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