Recent Posts

• Halt to second travel ban only temporary

  By admin1 on March 16, 2017 • ( 0 )

  

  Major tech companies have skipped putting their names on the brief that is posing as a challenge to Donald Trump’s travel ban. Facebook, Apple and Alphabet Inc’s Google along with 60 other technology companies appeared to have backed away from… Read More ›

• Lockheed Martin wins $427 million contract: Pentagon

  By admin1 on August 22, 2017 • ( 0 )

  

  The contract is for ancillary military equipment and pilot flight equipment for F-35 Joint Strike Fighter aircrafts.

• The United States begins upgrading and replacing its ageing missile deterrence systems

  By admin1 on August 22, 2017 • ( 0 )

  

  The move, which is expected to cost the U.S. nearly $1 trillion over the next 30 years. Comes midst the Trump Administration’s drive to overhaul and boost the defense industry of the country. In a significant development the Pentagon has… Read More ›

• Brazilian government likely to sell a portion of its stake in Eletrobras

  By admin1 on August 22, 2017 • ( 0 )

  

  This has the potential to open up Brazil’s power sector to private players. As per a Brazilian government source, the Brazilian government’s stake along with other state entities in Centrais Elétricas Brasileiras SA, a power holding company, could be as… Read More ›

• BHP Billiton exploring options for its U.S. shale oil business, including sale

  By admin1 on August 22, 2017 • ( 0 )

  

  The shale oil business is no more a core asset for the company. The development is pregnant with potential. BHP Billiton’s CEO Andrew Mackenzie has disclosed that a number of parties are interested in acquiring the company’s U.S. shale business…. Read More ›

• Afghanistan will have to be secured before it’s rich mineral resources can be exploited

  By admin1 on August 21, 2017 • ( 0 )

  

  Landlocked Afghanistan has many resources to offer, but they come at significant costs and risks. U.S. President Donald Trump is said to be eyeing Afghanistan’s mineral resources as a way to help fund reconstruction efforts in the impoverished nation and… Read More ›

• BlackRock in preliminary talks with Hyundai Merchant Marine for a $880 million investment

  By admin1 on August 21, 2017 • ( 0 )

  

  The move is aimed at boosting Hyundai Merchant Marine’s ranking in the shipping industry. On Monday, Hyundai Merchant Marine’s spokesman disclosed that BlackRock Inc is in talks for a potential investment, the details of which are yet to be ironed… Read More ›

• Sempra Energy’s tactical move edges Berkshire Hathaway out of bidding race for Energy Future Holdings’ Oncor

  By admin1 on August 21, 2017 • ( 0 )

  

  The development marks a rare defeat for investment mogul Warren Buffet. As per a source familiar with the matter at hand, Energy Future Holdings, a bankrupt Texas utility is likely to abandon a deal to sell Oncor, a power transmission… Read More ›

• Trump Administration launches formal investigation into China’s Intellectual Property trade practices

  By admin1 on August 19, 2017 • ( 0 )

  

  As per officials within the Administration, the theft of U.S. IP is at least $600 million, if not more. Following up on a call by U.S. President Donald Trump earlier this week to determine whether a probe was required into… Read More ›

• Foxconn’s proposed LCD Display plant at Wisconsin gets approved by Wisconsin’s State Assembly

  By admin1 on August 18, 2017 • ( 0 )

  

  The overwhelming approval by Wisconsin’s State Assembly is despite financial concerns raised by the state’s Legislative Audit Bureau. On Thursday, the Republican-controlled Wisconsin State Assembly has voted 59-30 to approve a bill that paves the way for a $3 billion… Read More ›

• Lockheed Martin wins part of $499 million aerospace contract

  By admin1 on August 18, 2017 • ( 0 )

  

  The contract is aimed at advancing aerospace tech capabilities. The Pentagon has disclosed Lockheed Martin to be one of six companies that will share a $499 million contract for research into aerospace systems aimed at developing new technological capabilities. Its… Read More ›

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