Business and Economy

Business and Economy Latest News

Amazon set for launch of Starlink-rival satellites
Amazon set for launch of Starlink-rival satellites
by  AFP

After delaying an earlier attempt due to bad weather, Amazon is preparing to launch its first batch of Project Kuiper internet satellites on Monday, stepping into direct competition with Elon Musk's Starlink.

Empty shelves? US Treasury secretary not concerned 'at present'
Empty shelves? US Treasury secretary not concerned 'at present'
by  AFP

US Treasury Secretary Scott Bessent said Monday he was not concerned "at present" about American stores potentially running out of items due to Donald Trump's tariffs. Asked during an interview with Fox News if he was concerned about mounting worries of empty shelves due to the tariffs, Bessent replied: "Not at present."

Massive blackout hits Spain and Portugal
Massive blackout hits Spain and Portugal
by  AFP

Power went out across all of Spain and Portugal on Monday, cutting cellphone and internet networks, halting trains and trapping people in elevators, officials said.

Energy

Money

Industry

Technology

Economy