Retailer Walmex to invest around $2 billion in 2024
Some 45% of the investment will be used for remodeling and maintenance work of its existing stores, with another 29% set for new openings and expansions.
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March madness is coming for the global shipping industry
March is the traditional low season for the global logistics industry and also the time when ship operators, importers and freight forwarders sit down to discuss long-term contracts. With multiple international crises including wars and economic uncertainty, companies are having…
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The AI revolution needs chips, software — and gas pipelines
Despite continued expansion of renewable and battery capacity, Texas recorded surprisingly strong electricity prices last summer and futures have also soared over the past six months. The reason? A massive expansion in power consumption offsetting the new generating capacity. Assuming…
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Why mining companies are at loggerheads with states on minerals tax
In 1989, the SC found that “royalty is a tax� under the Mines Act. A cess on royalty being a tax on royalty was beyond the State’s legislative competence since the Union’s Mines Act “covers the field,� it had said.
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