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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

Why Central Bankers Are Unsure Whether They've Raised Rates Enough
Business

Why Central Bankers Are Unsure Whether They've Raised Rates Enough

At Jackson Hole, they expressed an uneasy optimism about whether rates have reached a summit in the battle against inflation. 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

Heineken Sells Russia Business…for $1
Business

Heineken Sells Russia Business…for $1

The deal with Russia’s Arnest Group comes after Moscow seized the local assets of Danish beer rival Carlsberg. Source link

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

Diamonds Are on Sale. They Won't Be Forever.
Business

Diamonds Are on Sale. They Won't Be Forever.

A postpandemic glut has led to falling prices for some gems, but they are likely to bounce back. Source link