SpaceX, An American aerospace manufacturing and transportation services company, owned by Elon Musk, suffered a failure during a test launch of its rocket called Starship, which exploded in midair.
The company designed this space rocket to eventually carry travelers to the Moon and to Mars.
The platform Mexican banking and digital services company Covalto has delayed its highly anticipated plan to begin trading on the NASDAQ through a special purpose acquisition company (SPAC) until 2024, according to a filing with the U.S. Securities and Exchange Commission. .
Initially, the company reported that its project was to go public in the first quarter of 2023, seeking to be the first Mexican fintech to be publicly listed on a US Stock Exchange. However, the subdued markets have seen few IPOs and a near standstill in SPACs around the world.
The documentation, released last week, shows that Covalto and its designated SPAC, LIVB, agreed to extend the deadline for the merger “from May 10, 2023 to February 10, 2024.” The document noted that the transaction was awaiting regulatory approval, but did not elaborate on the increased terms.
Ikea, one Swedish multinational store selling furniture and articles, will make the largest investment in the company’s history in the United States, allocating 2,000 million euros (2,200 million dollars) in the construction of 17 stores.
The company’s owner, Ingka Holding BV, plans to spend for the construction of those units in the next three years.
This is the Swedish-born company’s first phase of US expansion planned for the next decade, said Tolga Öncü, head of retail sales at Ingka Holding, according to the report. Part of the investment will be used to improve delivery services.
Burger Kingan American hamburger chain, said that Grupo Nicxa, its main franchisee in southern Mexico, will increase the weekly rest days of its workers.
Grupo Nicxa will implement a format of five days worked with two days off in its branches located in the states of Yucatán, Tabasco, Chiapas and Quintana Roo. The firm has been operating in the southern region of Mexico since 1991, with the opening of the first branch in Mérida.
