By Roselle Chen
NEW YORK (Reuters) -A 54-pound (24.5-kg) Martian meteorite that is the largest known piece of Mars found on Earth has sold for $5.3 million at Sotheby's, setting a new auction record for a meteorite.
The auction on Wednesday for the rock known as NWA 16788 sparked a 15-minute bidding war between online and phone bidders.
"This is an amazing Martian meteorite that broke off of the Martian surface," said Cassandra... (continue reading...)
MILAN (Reuters) -Italy's Lombardy region on Thursday picked a consortium of firms using Starlink's low-orbit satellite constellation in a pilot project to see if space-based connectivity is a viable solution to boost high-speed internet penetration in the country.
Lombardy, home to Italy's financial capital Milan, launched a tender for a 4.1 million euro project to test wholesale systems combining fibre and satellite-based networks to bring fast Internet... (continue reading...)
By Guglielmo Mangiapane
MONTEROSI, Italy (Reuters) -Producers of Pecorino Romano cheese, one of Italy's best known food exports, are lobbying to be spared new U.S. tariffs that could raise consumer prices and take a chunk out of their export market.
Gianni Maoddi, president of the Consorzio di Tutela del Pecorino Romano, said the cheese has for more than 140 years been popular in the United States, which accounts for around 40% of annual... (continue reading...)
(Reuters) -Former Federal Reserve Governor Kevin Warsh, seen as a potential successor to Fed Chair Jerome Powell, said on Thursday there needs to be a new accord between the Treasury Department and U.S. central bank, referencing a 1951 pact that separated federal debt management from monetary policy.
Warsh, now a fellow at Stanford University's Hoover Institution, said on CNBC that such an agreement between the two agencies could smooth the process of... (continue reading...)
MEXICO CITY (Reuters) -Shares in Walmart's Mexico and Central America unit, known as Walmex, slid 6% on Thursday morning, wiping off 60.9 billion pesos ($3.25 billion) from the firm's market capitalization after posting weaker-than-expected margins.
Walmex on Wednesday posted an earnings before interest, taxes, depreciation, and amortization (EBITDA) margin of 9.5%, 81 basis points below the year-ago quarter and the lowest since the same quarter in 2020.
... (continue reading...)More Reuters
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