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BAE profit jumps as Ukraine war boosts defence spend![]() ![]() London (AFP) Aug 2, 2023 British military equipment maker BAE Systems on Wednesday announced a 57 percent jump in net profits for the first half of this year as government defence spending increases amid the war in Ukraine. Profit after tax increased to Pounds 965 million ($1.2 billion) in the six months to the end of June compared with Pounds 615 million in the first half of last year, BAE said in a statement. Revenue climbed 13 percent to Pounds 11 billion. "Our global footprint, deep customer relationships and leading technologies ... read more |
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![]() Beijing (AFP) Aug 1, 2023 Chinese controls on exports of two metals critical to making semiconductors came into force on Tuesday, a day after Beijing imposed curbs on the foreign sales of some drones. ... more ![]() ![]() Taipei (AFP) Aug 2, 2023 A Chinese invasion of Taiwan would have "disastrous results" for the world, Foreign Minister Joseph Wu told AFP in an interview Wednesday, citing the island's strategic importance for the semiconductor industry and global shipping lanes. ... more ![]() ![]() Moscow (AFP) Aug 2, 2023 Russia announced Wednesday that it had begun naval exercises in the Baltic Sea, amid rising tensions with its European neighbours over the conflict in Ukraine. ... more ![]() ![]() Frankfurt, Germany (AFP) Aug 2, 2023 Germany's armed forces are facing major problems in attracting new recruits, the defence minister said Wednesday, as Berlin seeks to overhaul its creaking military following Russia's invasion of Ukraine. ... more |
Previous Issues | Jul 31 | Jul 28 | Jul 27 | Jul 26 |
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![]() ![]() UK recognises 'acts of genocide' against Yazidis by Islamic State ![]() ![]() Barcelona, Spain (SPX) Jul 31, 2023 Marine scientists are harnessing the power of artificial intelligence to revolutionize underwater exploration, according to a research team from the Institut de Ciencies del Mar (ICM-CSIC) in Barcel ... more |
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![]() Beirut (AFP) Aug 2, 2023 One of history's biggest non-nuclear explosions rocked Beirut on August 4, 2020, destroying swathes of the Lebanese capital, killing more than 220 people and injuring at least 6,500. ... more ![]() ![]() Washington (AFP) Aug 1, 2023 The United States is not joining European allies in evacuating its citizens from Niger for now, but has suspended activities such as training with Niamey's forces, officials said Tuesday. ... more ![]() ![]() New York (AFP) Aug 1, 2023 US lawmakers are probing American investment flows facilitated by BlackRock and MSCI to Chinese companies that Washington has sanctioned, a congressional panel announced Tuesday. ... more ![]() ![]() Manila (AFP) Aug 2, 2023 US diplomats have raised security and environmental concerns with the Philippines over the involvement of a Chinese company in a land reclamation project in Manila Bay, a US embassy spokesman said Wednesday. ... more |
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![]() ![]() Pentagon confirms North Korea responded to message about Travis King ![]() ![]() Copenhagen (AFP) Aug 1, 2023 Danish Defence Minister and Deputy Prime Minister Jakob Ellemann-Jensen returned to work on Tuesday, after a six-month leave due to stress and overwork. ... more |
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![]() Washington DC (UPI) Aug 2, 2023 The United States has banned imports of goods produced by two China-based companies as it continues to stamp out the use of forced labor - in particular the forced labor of China's Uyghur Muslim minorities - from the U.S. supply chain. ... more ![]() ![]() Warsaw (AFP) Aug 1, 2023 Poland said two Belarusian helicopters violated its airspace on Tuesday and announced it would ramp up military deployments on its eastern border in response. ... more ![]() ![]() Washington DC (UPI) Jul 31, 2023 The NATO alliance treats the word "crisis" like a "grab-bag concept" used to define a variety of situations, according to researchers pushing for increased clarity. ... more ![]() ![]() Washington DC (UPI) Jul 31, 2023 An independent board advising the White House on intelligence matters has urged the reauthorization of the controversial Section 702 of the Foreign Intelligence Surveillance Act in a report released Monday. ... more |
![]() ![]() Tit-for-tat attacks kill 3 in Kryvyi Rih, Kherson; 2 in Donetsk, Ukraine ![]() ![]() Beijing (AFP) July 31, 2023 China announced on Monday a new leadership for its Rocket Force, the army unit that oversees its nuclear arsenal, as media reported a corruption probe involving its former chief. ... more |
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![]() Sydney (AFP) July 31, 2023 The United States will rely on allies rather than a major expansion of its own forces to counter any Chinese military risk in the Pacific, a US general has told AFP. ... more ![]() ![]() Melbourne FL (SPX) Aug 01, 2023 L3Harris Technologies (NYSE:LHX), in collaboration with Team Lynx, helmed by American Rheinmetall Vehicles (ARV), has secured a contract to design and prototype the U.S. Army's XM30 Mechanized Infan ... more ![]() ![]() Ouagadougou (AFP) Aug 1, 2023 Bursts of gunfire were heard early Tuesday in the centre of the Burkina Faso capital Ouagadougou near an airbase, an AFP journalist said. ... more ![]() ![]() Niamey (AFP) July 30, 2023 The leaders of Niger's military coup said they believed regional body ECOWAS was on the point of staging a military intervention in the capital of the Sahel country. ... more |
![]() Washington DC (UPI) Aug 1, 2023 Britain has unleashed punitive measures targeting half a dozen Russians involved in the trial of Vladimir Kara-Murza, one of Russian President Vladimir Putin's harshest critics, after the appeal of his 25-year sentence was rejected on Monday. ... more ![]() ![]() Saint Petersburg (AFP) July 30, 2023 President Vladimir Putin on Sunday praised Russia's navy in an address at an annual warship parade in Saint Petersburg, which he attended accompanied by several African leaders. ... more ![]() ![]() Sydney (AFP) July 31, 2023 Authorities have lost hope of finding survivors after a military helicopter plunged into the sea during war games over the weekend, Australian Defence Minister Richard Marles said Monday. ... more ![]() ![]() Peshawar, Pakistan (AFP) July 30, 2023 At least 39 people were killed and dozens more wounded Sunday in a suicide bombing at a political gathering of a leading Islamic party in northwest Pakistan, officials said. ... more |
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![]() Los Angeles CA (SPX) Jul 30, 2023 Lockheed Martin, the American aerospace titan, is breaking its power records in laser technology by escalating to a groundbreaking 500-kilowatt (kW) class laser. This development outstrips its previ ... more ![]() ![]() Washington DC (UPI) Jul 28, 2023 The United States will continue to help Australia enhance capabilities at some of its northern military bases, including the development of new missile systems, officials from both countries announced Saturday. ... more ![]() ![]() Washington DC (UPI) Jul 28, 2023 North Korean leader Kim Jong Un and top Chinese officials have reaffirmed the close military ties between the two communist nations, official media reported Saturday ... more ![]() ![]() Brisbane, Australia (AFP) July 29, 2023 Washington will seek to bolster its shrinking weapons stockpiles by helping Australia develop a missile manufacturing and exporting industry, top officials said Saturday after high-level talks between the two countries. ... more |
![]() Washington (AFP) July 29, 2023 The Biden administration believes China has implanted malware in key US power and communications networks in a "ticking time bomb" that could disrupt the military in event of a conflict, The New York Times reported Saturday. ... more ![]() ![]() Zurich, Switzerland (SPX) Jul 28, 2023 Beyond Gravity, a leading supplier to the space industry, will provide its constellation On Board Computer (cOBC) to Quantum Space's inaugural flight of its Ranger multi-purpose vehicle, which will ... more ![]() ![]() Moscow (AFP) July 30, 2023 Three Ukrainian drones were downed over Moscow early Sunday, Russia's defence ministry said, in an attack that damaged two office towers and briefly shut an international airport. ... more ![]() ![]() Beijing (AFP) July 27, 2023 China said Thursday it opposed "malicious hype" concerning this week's removal of foreign minister Qin Gang, as it continued to avoid questions about the senior diplomat's disappearance. ... more |
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![]() Kyiv, Ukraine (AFP) July 28, 2023 A Russian missile struck a multistorey residential building in the central city of Dnipro on Friday injuring at least five people, Ukraine's interior minister said. ... more ![]() ![]() Berlin (AFP) July 29, 2023 Germany's education minister on Saturday called for a revision of student exchange practices with China, citing an increased risk of scientific espionage posed by Chinese students who come to study in Germany on full state scholarships. ... more ![]() ![]() Washington (AFP) July 29, 2023 The United States on Friday unveiled a $345 million military aid package for Taiwan designed to quickly bolster the island's ability to deter a Chinese invasion. ... more ![]() ![]() Sulaimaniyah, Iraq (AFP) July 29, 2023 Four "fighters" from the Kurdistan Workers' Party (PKK) have been killed by a drone strike in northern Iraq, officials in the autonomous Kurdistan region said, blaming the Turkish military. ... more |
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