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Food costs tumbling but shoppers still face soaring bills

  Bloomberg As a rout in the price of food commodities from wheat to cooking oil deepens, the cost of products on grocery shelves continues to rise. Almost a year on from Russia’s invasion of Ukraine, which sent grains and other staples soaring to a record, a United Nations’ index of food-commodity costs fell for a 10th straight month in ...

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SpaceX awarded shared Nasa contract worth up to $100mn

  Bloomberg Space Exploration Technologies Corp. is part of a payload contract Nasa has awarded for as much as $100 million over a decade. Elon Musk’s rocket launch and satellite operator will share the contract for unspecified “commercial payload processing services” with Astrotech Space Operations LLC, a unit of Lockheed Martin Corp., the government’s space agency has announced in a ...

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Greece picks banks for Athens airport IPO

  Bloomberg A Greek government-owned fund has picked banks for an initial public offering of its 30% stake in Athens International Airport. The Hellenic Republic Asset Development Fund (HRADF) has chosen Bank of America Corp. and Morgan Stanley to lead work on the share sale, which will likely take place in the second half of the year. It has selected ...

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