Markets News

Israel could be looking to arrive at a settlement with the Iranian government, similar to the one it announced with Hezbollah.

CSPC will receive an upfront payment of $110 million as part of the agreement, and is eligible to receive up to $1.62 billion in potential development milestone payments and up to $3.6 billion in sales milestone payments.

U.S. West Texas Intermediate futures traded 8% higher at $73.48 per barrel at the time of writing.

AST SpaceMobile secured rights to 45 MHz of mid-band satellite spectrum, enabling faster mobile data from space and boosting plans for nationwide broadband coverage with speeds up to 120 Mbps.

Starting June 15, Air India will be required to perform pre-departure inspections focused on multiple critical systems on all Boeing 787-8 and 787-9 aircraft equipped with GE Aerospace’s Genx engines.

While the Model S sedan now has a starting price of $84,990, the Model X SUV comes with a tag of $89,990.