Business and Economy

Business and Economy Latest News

In Mexico, building a rail rival to the Panama Canal
In Mexico, building a rail rival to the Panama Canal
by  AFP

At Mexico's narrowest point, linking the Pacific and Atlantic oceans, the government is building a railway rival to the Panama Canal with promises of economic bounty but amid fears of environmental and social harm. But, he warned, that "does not erase its environmental and social impact."

US seizes $1 bn worth of fake luxury goods in NY
US seizes $1 bn worth of fake luxury goods in NY
by  AFP

Anyone who walks the streets of Manhattan can observe sidewalk vendors hawking counterfeit luxury products. From January through the end of October, the two defendants, Adama Sow, 38, and Abdulai Jalloh, 48, allegedly ran a large-scale knockoff goods ring out of storage facilities in Manhattan, authorities said.

US regulator greenlights Starship's next launch on Friday
US regulator greenlights Starship's next launch on Friday
by  AFP

The US Federal Aviation Administration (FAA) on Wednesday authorized SpaceX to carry out its second launch of Starship, the most powerful rocket ever built, after a first attempt in April ended in a spectacular explosion. On April 20, SpaceX blew up the uncrewed rocket four minutes after it blasted off.

Energy

Money

Industry

Technology

Economy