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Rocket Lab successfully reflew an engine on an Electron launch Aug. 23 as the company moves a step closer to reusing the entire rocket booster. The Electron rocket lifted off from the company’s Launch Complex 1 in New Zealand at 7:45 p.m. Eastern. The “We Love the Nightlife” mission deployed a...
Ecuador’s government on Tuesday said it will extend its contract with Mexican telecommunications giant America Movil for a mobile phone concession until a new contract is signed. America Movil’s subsidiary Conecel, which was not available for immediate comment, will pay $3.3 million per ...
The number of homes on the market is well below pre-pandemic levels nationwide, and that scarcity is keeping home prices elevated even as sales have slowed in the past year. As Americans navigate an ever-complicated market, online house hunting has become an essential part of the process. A 2021 Nat...
The finance ministry launched a special team to step up its monitoring of concerns about China’s economy, with property woes in China deepening its economic trouble, according to ministry officials on Sunday. The move came after China’s property giant Evergrande Group filed for bankruptc...
Initial reactions from the X (Twitter) community have pegged the price drop to reports that SpaceX wrote down the value of BTC it previously acquired by $373 million and sold the cryptocurrency, while others have pointed to China’s Evergrande Group filing for Chapter 11 bankruptcy in New York. The...
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We are delighted to announce that the Health Finance Coalition (HFC) has received an ecosystem catalyst grant of CAD $500,000 from Grand Challenges Canada. This critical investment will help strengthen health systems in sub-Saharan Africa. While Africa is home to 16 percent of the global population ...
The Bank of Industry has said high cost of doing business and other challenges are major reasons why manufacturers lack access to financing options. The Managing Director of the Bank of Industry, Olukayode Pitan, said this during thevAnnual General Meeting of the Apapa Branch of the Manufacturers As...
U.S. stock futures inched up on Thursday night as traders mulled over July’s consumer inflation report and looked ahead to wholesale prices data. Futures linked to the Dow Jones Industrial Average rose by 38 points, or 0.1%. S&P 500 futures and Nasdaq 100 futures climbed 0.1%...
Two years after Evergrande’s debt troubles, worries about China’s real estate sector are coming to the forefront again. Country Garden, one of the largest non-state-owned developers by sales, has reportedly missed two coupon payments on dollar bonds that were due Sunday. Citing the firm, Reuters...