Business
Boeing to cut around 300 defence division supply chain jobs
The workforce reduction comes at a time when companies are paring jobs and closely monitoring headcount Boeing is eliminating about 300…
Tag
defence
Business
Wall St opens lower; defence firms up as Trump calls for budget boost
Wall Street’s main indexes opened lower on Thursday (Jan 8), as investors turned cautious ahead of Friday’s crucial nonfarm payrolls…
Business
The world’s copper squeeze is set to intensify on AI and defence spending: S&P
The race for artificial intelligence (AI) and surging defence spending are set to intensify a projected shortage of copper as producers…
Business
London’s FTSE 100 climbs to record high on energy, defence gains
The UK’s FTSE 100 climbed to a record high on Tuesday (Jan 6), holding steady above the 10,000-point mark, with oil and defence stocks…
Business
Image of Sydney shooter with India defence attache is AI-generated
As Australian police investigated why gunmen accused of carrying out a deadly shooting at Bondi Beach had travelled to the Philippines, an…
News
Greece, Israel, Cyprus working on 2500-strong force for Mediterranean defence
According to the report, Greece is analysing implementing Israeli measures, as well as offering a coordinated response mechanism to…
Business
European equities end lower as investors assess US data; defence firms tumble
EUROPEAN shares dipped on Tuesday, led by sharp declines in defence and energy shares, with investors parsing disappointing domestic and…
Business
European shares log a weekly decline, defence stocks slide
European shares slid on Friday (Nov 21) and registered a weekly decline as concerns over stretched tech valuations came to the fore again,…
Business
Airbus profit climbs 14% on defence boost
EUROPEAN plane-maker Airbus said Wednesday its third-quarter net profit surged by 14 per cent to 1.1 billion euros (S$1.66 billion) on the…
Unsorted
Striking Boeing defence workers reject contract offer for fourth time
MORE than 3,000 Boeing defence workers on strike in the US Mid-west since August voted to reject the company’s latest contract offer,…
Business
Lockheed Martin lifts 2025 forecasts on robust defence demand
The company’s total revenue rose 8.8% to US$18.61 billion in the third quarter, above analysts’ average estimate of US$18.56 billion US…
Business
Indian central bank steps up offshore FX defence to shield rupee
The local currency’s one-month volatility against the US dollar has fallen sharply this month India’s central bank has ramped up its…
Business
China tightens rare earth export controls, targets defence, semiconductor users
Chinese companies working overseas are also barred from working with companies overseas on rare earths without permission from the…
Business
Europe: Stocks slip; commodity, defence rallies offset by luxury losses
EUROPEAN stocks slipped on Wednesday as commodity and defence rallies faced resistance from heavyweight healthcare and luxury names, with…
Business
From defence to dividends: The best performing STI components are riding big global currents
Betting that laggards will quickly catch up with the leaders could be a mistake in the current thematic, growth-oriented market…
Business
Europe: Stoxx 600 ends higher after ECB’s expected ‘hold’ verdict, defence stock boost
EUROPEAN shares finished higher on Thursday as a rally in defence stocks helped lift the main index, with investors taking in a widely…
Business
Boeing Defence, union reach tentative deal to end strike
BOEING Defence and the machinists union have reached a tentative deal to end a five-week-long strike in the St. Louis area, union…
Unsorted
Boeing says will hire replacements for striking US defence workers
NG is launching a recruitment drive to find “permanent” manufacturing workers to replace US union employees who went on strike last month,…
Business
Prosecution, defence spar over request for evidence on how banks reacted to Hyflux power strategy
A war of words erupted between the prosecution and defence in the Hyflux criminal trial on Sep 3, following a surprise request by Senior…
Business
Europe: Stoxx 600 ends higher on defence boost; Novo Nordisk jumps after Wegovy data
European shares finished marginally higher on Monday (Sep 1), supported by defence stocks, while Novo Nordisk gained after data showed its…
Unsorted
Boeing, striking defence workers union to start talks on Aug 25
The company has held informal discussions with labour leaders since the strike began Boeing and union leaders representing striking…
Business
Europe: Stoxx 600 closes higher but gains limited by tech, defence
EUROPE’S Stoxx 600 closed higher on Wednesday boosted by consumer and healthcare stocks, while declines in tech and defence stocks limited…
Business
Europe: Stocks close at two-month highs propelled by earnings, defence stocks
EUROPEAN shares closed at their highest level in more than two months on Thursday, with aerospace and defence stocks and financials…
Business
ST Engineering H1 earnings up 19.7% at S$402.8 million, cites defence demand in Europe, Middle East
Singapore Technologies Engineering (ST Engineering) on Thursday (Aug 14) posted a 19.7 per cent increase in net profit to S$402.8 million…