Finance

Amazon Expects Kuiper to Serve Five Countries by Early 2026

Amazon Expects Kuiper to Serve Five Countries by Early 2026

A United Launch Alliance rocket, carrying Amazon Project Kuiper satellites, on the launchpad in Cape Canaveral, Florida in April. (Bloomberg) — Amazon.com Inc.’s satellite internet vent...

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Elon Musk just spent $1 billion on Tesla shares. He’ll have to spend a lot more to ramp up his control.

Elon Musk just spent $1 billion on Tesla shares. He’ll have to spend a lot more to ramp up his control.

Elon Musk plowed $1 billion into Tesla shares on Friday, a filing revealed on Monday. The Tesla CEO raised his stake to 12.8%, well below the 25% voting control he demanded in 2024. Tesla h...

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Australia Markets Cop Says ANZ Must Avoid a ‘Dark Day’ Repeat

Australia Markets Cop Says ANZ Must Avoid a ‘Dark Day’ Repeat

Joe Longo, chair of the Australian Securities & Investments Commission (Bloomberg) — Australia’s top securities regulator said ANZ Group Holdings Ltd.’s new chief Nuno Matos stil...

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Cheap Russian LNG Keeps Flowing Despite EU Promises

Cheap Russian LNG Keeps Flowing Despite EU Promises

The European Union could phase out all Russian natural gas purchases within a year, U.S. Energy Secretary Chris Wright said earlier this month. In fact, he said, the EU could switch from Russian ...

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Toyota Supplier Shifts Gears With Menstrual Cups in Asia Markets

Toyota Supplier Shifts Gears With Menstrual Cups in Asia Markets

Feminak menstrual cups. (Bloomberg) — A Japanese auto parts maker is betting on an unlikely new growth engine: menstrual cups. Nagoya-based GomunoInaki Co., which supplies rubber compon...

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