SpaceX deal: Elon Musk’s firm to buy EchoStar spectrum licenses for $17 bn; Starlink expansion to get major boost

Elon Musk’s SpaceX has struck a deal worth about $17 billion with EchoStar to acquire spectrum licenses that will strengthen its Starlink satellite network.The agreement covers EchoStar’s AWS-4 and H-block spectrum licenses, with up to $8.5 billion to be paid in cash and an equal amount in SpaceX stock. SpaceX will also make about $2…

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What does Tata Motors demerger mean for investors & why did the share price drop 40%? Explained | India Business News

The company will adopt the name Tata Motors Passenger Vehicles Ltd (TMPV), comprising passenger vehicles, electric vehicles and Jaguar Land Rover (JLR) units. (AI image) Tata Motors shares dropped by 40% during early trading on Tuesday, with shares opening at Rs 399 on the Bombay Stock Exchange, compared to Monday’s closing price of Rs 660.90….

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Donald Trump-Xi Jinping talks: US may ease China tariffs in exchange for fentanyl chemical crackdown, says report

File photo: US President Donald Trump with Chinese President Xi Jinping during a meeting on the sidelines of the G-20 summit in Osaka, Japan, in 2019. (Picture credit: AP) US President Donald Trump and Chinese leader Xi Jinping are set to discuss a proposed trade framework on Thursday that could see Washington reduce tariffs on…

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