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SpaceX's Starlink Demonstrates Its Power but Still Needs Growth
Business

SpaceX's Starlink Demonstrates Its Power but Still Needs Growth

Revenue at the satellite-internet business jumped to $1.4 billion last year but has fallen short of Musk’s financial projections. Source link

Ukraine's Push Into Green Energy Starts With 5,600 Tons of Cow Dung
Business

Ukraine's Push Into Green Energy Starts With 5,600 Tons of Cow Dung

The agricultural powerhouse wants to turn farm waste into energy to secure supplies and diversify its economy amid the war with Russia. Source link

U.S. Arms Makers Look Overseas to Boost Stockpiles
Business

U.S. Arms Makers Look Overseas to Boost Stockpiles

With demand for weapons surging in Ukraine and concerns rising about China, the Pentagon is supporting ‘friend-shoring’ manufacturing lines abroad. Source link

Ukraine's Farmers Count the Cost of Grain Deal's Collapse
Business

Ukraine's Farmers Count the Cost of Grain Deal's Collapse

Russia’s exit from the Black Sea export agreement and its attacks on Ukrainian ports have led to lower income and higher costs in Ukraine’s agriculture

Vital Natural Gas Is Being Stashed in Caverns Beneath War-Torn Ukraine
Business

Vital Natural Gas Is Being Stashed in Caverns Beneath War-Torn Ukraine

Commodity merchants are pumping billions of cubic meters of natural gas into Ukrainian reservoirs, hoping the war doesn’t disrupt potential profits. Source link

Russia Launches Emergency Rate Rise to Stem Economic Turmoil
Business

Russia Launches Emergency Rate Rise to Stem Economic Turmoil

The central bank raised rates by 3.5 percentage points to stem a sharp selloff in the ruble, a response to the mounting financial costs of

Ukraine Offers Plan to Bypass Russia's Black Sea Blockade
Business

Ukraine Offers Plan to Bypass Russia's Black Sea Blockade

Kyiv said it was opening temporary routes for civilian ships to sail from its Black Sea ports in a potential challenge to Russia’s attempt to

Russia Defies Sanctions by Selling Oil Above Price Cap
Business

Russia Defies Sanctions by Selling Oil Above Price Cap

Higher prices could bolster Moscow’s oil-export revenues, which last month dropped to just over half their level from a year ago. Source link

Who Will Control Wagner’s Empire of War and Gold?
Business

Who Will Control Wagner’s Empire of War and Gold?

Updated July 24, 2023 12:00 am ET Listen to article (2 minutes) The Kremlin is attempting one of the most complex corporate takeovers in history,

Russia Boosts Rates as Ukraine War Costs Mount
Business

Russia Boosts Rates as Ukraine War Costs Mount

The full percentage point rise comes as a falling ruble, soaring wages and debt-fueled state spending reignite inflationary pressures. Source link