In a statement Israel’s defence minister said, Europe is interested in purchasing weapons from Tel-Aviv in the backdrop of the Ukraine-Russia war. He declined to expand on the possibility of Germany purchasing Israeli missile interceptors. Last month, Germany’s Chief of… Read More ›
Americans are seeing the highest levels of inflation in four decades. Earnings from retailers are showing a split in shopping patterns even as prices of everything ranging from toothpaste to TVs have curbed the spending habits of US consumers. While… Read More ›
In a statement the Pentagon said, the U.S. State Department has approved the potential sale of CH-47F Chinook helicopters and related equipment to Egypt for an estimated cost of $2.6 billion. Egypt had requested to purchase 23 CH-47F Chinook helicopters…. Read More ›
The U.S. State Department has approved the sale of mobile rocket launchers to Australia. The development comes at a time when Canberra is seeking to boost its military presence in the Indo-Pacific region, midst growing Chinese belligerence. In a statement… Read More ›
Even as the United States gets ready to tighten sanctions and counters Iranian threats, it is at the same time making efforts to revive the 2015 Iran nuclear deal. “We do not have a deal … and prospects for reaching… Read More ›
The United States issued an advisory warning U.S. companies of growing reputational risks of doing business with state-owned enterprises and military-controlled companies in Sudan. “These risks arise from, among other things, recent actions undertaken by Sudan’s Sovereign Council and security… Read More ›
In a statement Hyundai Motor Group said, by 2025 it would invest an additional $5 billion in the United States to strengthen its collaboration with U.S. firms in advanced technology. The investments were announced during US President Joe Biden’s visit… Read More ›
In a statement the U.S. cybersecurity watchdog agency said, it has ordered federal officials to either update or remove a products made by VMWare Inc citing hacking activity that used exploits of old vulnerable versions of the products to break into… Read More ›
In a significant development, US Treasury Secretary Janet Yellen said, the United States does not have the legal authority to seize frozen assets of the Russian central bank following its invasion of Ukraine. She also said, it is likely that… Read More ›
According to sources familiar with the matter at hand, Elon Musk’s SpaceX is poised to become the most valuable U.S. startup with its valuation rising to over $125 billion in an ongoing share sale in the secondary market. The shares,… Read More ›
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