Month: December 2024

Aluminum prices fell below the $2,600-a-metric-ton mark on concerns over weak winter demand and rising output in China.

Bank of America said the dollar may not move much even if the Fed signals it will slow the pace of interest-rate cuts, as this might be offset by the central bank downplaying inflation reacceleration risks and concerns over rising unemployment.

European natural-gas prices regained a little ground and ING said demand for gas pipeline capacity through Bulgaria and Turkey has also increased for January 2025, hinting that market participants are preparing for alternatives if Russian gas flow via Ukraine stops as scheduled.

Albertsons faces daunting challenges as a stand-alone company.

To meet the commitment, the CEO of SoftBank Group will need to embark on a combination of a massive fundraising effort, a huge amount of new debt or selling chunks of the company’s holdings to raise cash.

With IRIS², Europe has tabled its stake in the future of satellites. Through this new infrastructure, the EU aims to bridge connectivity gaps, provide secure communications to governmental users, and safeguard Europe’s technological sovereignty. A newly-signed concession contract entrusts the SpaceRISE consortium – led by SES – with the development, deployment, and operation of the… … Read more

T-Mobile opened registration to a beta test of its Starlink-powered satellite messaging service. The company said it hopes to commercially launch the service sometime next year.

Nokia, JMA Wireless, and Solid are among the awardees in the latest round of grants, which focus on ORU hardware development The Biden administration has awarded $273 million in another funding round for the Wireless Innovation Fund, meant to support Open Radio Access Networks and related technology developments in the United States. Previous funding rounds … Read more

New 5G SA mmWave deployment uses millimeter-wave spectrum Nokia said that it will deploy Europe’s first 5G Standalone millimeter wave network, to support Italian provider EOLO’s goal of connecting underserved communities with Fixed Wireless Access services. The four-year deal for a 5G SA mmWave network will make use of the Nokia AirScale portfolio, and its … Read more

U.S. natural gas futures ended lower as strong LNG demand helped offset milder temperature forecasts for this week and again in the final week of December.