UK awards Boeing 420 million pound contract to support Chinook helicopters

The British government said on Tuesday it had awarded Boeing (BA.N) a five-year contract worth 420 million pounds ($644.91 million) to provide in-service support to its fleet of Chinook military helicopters.


Israeli defense minister lands at India airshow to boost arms sales

Israel's defense minister arrived in India on Wednesday to help sell his country's arms industry to the world's largest defense importer and promote deepening military ties between the two nations.

Worst bank hacking in history, "Carbanak Cybergang," steals $1 Billion

INTERPOL and EUROPOL works hand in hand with Russia's Kaspersky Lab to solve the biggest cyber-hacking and robbery crime in the world. A hundred of financial institutions all over the world has been attacked and a total of 1 billion US dollars have been robbed from these institutions.

Sanofi says Cerdelga trial shows promise

French pharmaceutical group Sanofi said on Tuesday a trial treatment with its Cerdelga drug for patients with type 1 Gaucher disease, a rare genetic disorder, showed promise.


Latest News

The Bank of Japan maintained its massive asset buying stimulus spree on Wednesday and revised up its view on exports and output, even as data showing only a feeble recovery from recession tempers its optimism.
Apple Inc (AAPL.O) has asked its Asian suppliers to make 5-6 million units of its three Apple Watch models for the first-quarter, the Wall Street Journal reported, citing people familiar with the matter.
Bitcoin was founded on the precept that peer-to-peer transactions should be made easy and cheap. However, terrorists organizations gave allegedly exploited the alternative payment method.
Francois Hollande faces a major test on Tuesday when his flagship economic reform bill is put to parliament, 10 days before the European Commission rules on whether France's reforms go far enough to avoid sanctions for its budget slippages.
Volkswagen AG (VOWG_p.DE) said on Monday it had recognized a new group called the American Council of Employees to represent workers at its auto assembly plant in Chattanooga, Tennessee, in addition to the United Auto Workers.
Ford Motor Co (F.N) wants Tencent Holdings Ltd (0700.HK) to tailor its popular chatting app for the firm's cars in China, as automakers in the world's largest market vie for drivers that care about high-tech features as much as engine size.
Oil rose to $62 a barrel on Tuesday, close to its 2015 high, supported by threats to Middle East supplies and expectations lower prices may prompt a slowdown in U.S. output.
Samsung Electronics Co Ltd aims to use its $56 billion cash pile to fund growth including acquisitions, the tech giant's investor relations chief said, even as more shareholders clamor for bigger dividends.
Average new home prices in China's 70 major cities fell for the ninth straight month but showed some signs of stabilizing in the top cities, signaling an improvement in market sentiment after the central bank cut interest rates and lender's reserve requirements.
Brent crude extended its rally on Tuesday, moving further away from six-year lows hit in January, but some analysts warned that prices had risen too far and could face a downward correction.