According to the country’s settlement depository, Moscow fulfilled its obligations on Friday Russia’s Finance Ministry announced on Friday it has settled two issues of dollar-denominated Eurobonds “in full” by sending 17 billion rubles ($221.1 million) in coupon payments to the National Settlement Depository (NSD).
Virgin Orbit will let go 85% of its staff and cease operations for the foreseeable future, a filing says Richard Branson’s satellite launch company, Virgin Orbit, has revealed it will cut 675 jobs, or almost all of its personnel, after failing to secure funding over a failed mission.