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But flat-packed, stackable satellites allow operators to deliver more capability to orbit faster. Starship will take this to the next level with its capacity to launch SpaceX’s more powerful Starlink V3s. “On a Falcon 9, they can only launch 27 of these V2s,” Jones said. “The Starship can launch 60 of these larger V3s. What this means is bandwidth per launch amounts to 61,000 gigabits per second on Starship versus 2,600 gigabits per second for V2s on Falcon 9. In other words, almost 24 times as much bandwidth can be deployed per launch on Starship versus the Falcon 9 and…
Ken Skates is likely to become Welsh Labour’s new leader after the party suddenly brought forward the process to formally replace Eluned Morgan.The process was planned to begin in September, but the party announced on Wednesday evening that Labour’s nine Members of the Senedd (MSs) have seven days from Thursday to say who they support.Skates, who has been interim leader since May’s Senedd election left his party with nine MSs, said he wanted to “build a new movement from the community up”. No one else is expected to stand.The timetable is broadly in line with the process to replace Sir…
POWER POINTWhat I’m hearing from energy insidersFirst and foremost, I hope that everybody had a wonderful 4th of July holiday and celebrated the 250th birthday of this amazing nation. As the celebrations ended and this week began, we seemed to be on a path to the Iran conflict winding down and the Strait of Hormuz being fully opened. But then Iran shot at a Qatari tanker, the U.S. retaliated and Trump said at the NATO Summit that the ceasefire was off.Despite this news, oil prices remained relatively muted. WTI crude moved back above $75 per barrel at one point, but that’s…
Check out the companies making the biggest moves in premarket trading: AstraZeneca — The biopharmaceutical company tumbled 8% after its heart disease drug, Wainua, failed to meet its target in a late-stage clinical trial. PepsiCo — The snack and beverage giant reported mixed results for its second quarter . PepsiCo’s adjusted earnings of $2.20 per share fell short of the $2.21 a share expected from analysts polled by LSEG. Revenue was $24.18 billion, above the $23.95 billion consensus estimate. Shares fell 1%. Salesforce — The stock shed 4% following a downgrade at KeyBanc to sector weight from overweight. The firm…
Investing.com — Jefferies reported that daily commercial vessel movement through the Strait of Hormuz fell 19% over the past week. Current traffic stands at 25 vessels compared to pre-conflict levels of 120 vessels. Freight rates dropped 30% during the week but remain approximately double their levels from the start of the conflict. About 800 million barrels of crude inventories have been drawn down since the conflict began. Singapore gross refining margins reached $21 per barrel over the past week, compared to $5 per barrel at the end of February. Gasoline, diesel, and aviation fuel cracks are currently at $29, $49,…
Google’s updated leaderboard shows Gemini slipping to fifth place. Credit: Google Google’s updated leaderboard shows Gemini slipping to fifth place. Credit: Google However, Fable 5 and GPT 5.5 also have extremely high operating costs, chewing through more than $130 in tokens for the 100-problem, 10-run benchmark. Gemini 3.1 Pro didn’t score as high, but it only costs $87 to run the test. Gemini 3.5 Flash, which is supposed to be cheaper to run than other models, has the highest cost on the leaderboard because it took so much longer to complete the benchmark: $165 per run and a 28-hour runtime.…
A by-election in Clacton has been formally triggered, following Reform UK leader Nigel Farage’s resignation as MP. Reform MP Lee Anderson moved the writ in the Commons on Thursday morning, meaning there will be a likely by-election date of Thursday, 13 August, though this has yet to be confirmed.Farage has said he will re-fight the Essex seat in what he billed as a “people versus the establishment” by-election, following increased scrutiny over his finances and a parliamentary investigation.Labour, the Conservatives, the Lib Dems, the Green Party and Restore Britain have all ruled out contesting the seat.Questions surrounding Farage’s finances started…
Unlock the White House Watch newsletter for freeYour guide to what Trump’s second term means for Washington, business and the worldBerlin has struck a deal with Washington to buy American Tomahawk cruise missiles, capping months-long efforts to improve its deterrence against Russia after the US scrapped plans to deploy a battalion equipped with the weapons in Germany.The move suggests a thaw in US-German tensions after Chancellor Friedrich Merz and President Donald Trump exchanged barbs in recent months. In May, the US said its planned long-range missile unit would no longer be deployed to Germany, and it moved to withdraw 5,000…
Pepsi soft drinks are displayed at a convenience store in San Francisco, California.Justin Sullivan | Getty ImagesPepsiCo on Thursday reported mixed quarterly results as the struggles of its North American food and beverage divisions offset strong international demand.”Results were tempered in the quarter as U.S. food and beverage category performance moderated with consumer budgets tightening due to rising inflationary pressures,” CEO Ramon Laguarta said in prepared remarks shared on the company’s website on Thursday.During Pepsi’s second quarter, global oil prices swung dramatically due to the U.S. war with Iran. In the U.S., the national average gas price hit a four-year…
Hugo Boss urges shareholders to reject Frasers’ ’inadequate’ bid Source link