US

Gitex

Geographic imbalances threaten AI progress in life sciences

Arnold Pinto 03/10/2024 0

US and China in the lead A new study from Mannheim Business School reveals significant geographic disparities in producing Artificial Intelligence (AI) research within the life sciences, potentially hindering progress in this transformative field. The study, led by Professor Marc Lerchenmüller,

Defence & Security

US Navy intercepts Iranian missiles launched against Israel

Arnold Pinto 02/10/2024 0

2 warships fire interceptors In a significant escalation of hostilities, Iran launched a barrage of approximately 200 ballistic missiles targeting Israel on October 1, 2024. While most of these missiles were intercepted before reaching their destination, some caused minimal damage, according to statements made by the Pentagon. Pentagon Press Secretary Air Force Maj. Gen.

Space

US Spacecom emphasises partnerships amid escalating threats

Dan Ngiam 01/10/2024 0

Spotlight on China and Russia In a compelling address at the Air & Space Power Association’s Defence Space Conference in London, US Space Command (Spacecom) Commander Gen. Stephen N. Whiting underscored the critical importance of international partnerships in safeguarding space capabilities amid rising global threats, particularly from China and Russia. Whiting

NEWS DESK

PCI Pharma Services Invests Over $365 Million in EU, US Facilities for Clinical and Commercial Supply

News Desk 1 25/09/2024

PCI Pharma Services, (“PCI”)a leading global contract development and manufacturing organization (CDMO) focused on biopharma’s most complex therapies, is investing more than $365 million in infrastructure supporting the clinical and commercial-scale final assembly and packaging of drug-device combination products utilizing advanced drug delivery systems, with an emphasis

NEWS DESK

Jetcraft Expands US Presence With New Regional Leadership

News Desk 1 25/09/2024

Jetcraft, the global leader in business aircraft sales, acquisitions and trades, is today announcing the appointment of Chris Hollingsworth and Sean O’Leary as Regional Vice Presidents (RVPs) to spearhead its operations across the United States. As two of Jetcraft’s top Sales Directors, Hollingsworth and O’Leary’s promotions recognize their excellence in structuring some

Cybersecurity

New US AI Security Centre boosts US DOD’s capabilities

Arnold Pinto 11/09/2024 0

As technology rapidly evolves According to the agency’s director, the US National Security Agency’s newly established Artificial Intelligence Security Centre is proving instrumental in keeping the US Department of Defence (DOD) at the forefront of cutting-edge technology. US Air Force Gen. Timothy D. Haugh, Commander of US Cyber Command, highlighted the

Cybersecurity

500,000 cybersecurity positions are vacant across the US

Arnold Pinto 23/08/2024 0

Lockheed Martin and White House ONCD in tie-up Lockheed Martin engaged with the White House’s Office of the National Cyber Director (ONCD) at the ‘Good-Paying Cyber Jobs for Veterans and Military Spouses’ workshop held in Washington, D.C., earlier this month. The event brought together leaders from various sectors to tackle the pressing issue of an […]

Defence & Security

US pledges new support to Ukrainian offensive into Russia

Arnold Pinto 21/08/2024 0

US presidential drawdown packages involved US support for Ukraine will remain steadfast as Ukrainian forces advance into Russia’s Kursk territory, Deputy Pentagon Press Secretary Sabrina Singh has announced. Singh revealed that US Secretary of Defence Lloyd J. Austin has held discussions with Ukrainian Defence Minister Rustem Umerov to review and reaffirm ongoing military

Defence & Security

Pentagon: US keen to deter regional war in Middle East

Arnold Pinto 15/08/2024 0

40,000 US troops in CENTCOM area Pentagon Press Secretary Air Force Maj. Gen. Pat Ryder has outlined the latest developments in the US strategy to address mounting tensions in the Middle East and prevent the escalation of conflict in the region. Addressing a press conference in Washington, DC, Ryder reiterated that the US has deployed […]

Defence & Security

Second US Carrier Strike Group deploys to Middle East

Arnold Pinto 13/08/2024 0

Amidst rising tensions in the region US Secretary of Defence Lloyd J. Austin has ordered the deployment of the Nimitz-class nuclear-powered aircraft carrier USS Abraham Lincoln Carrier Strike Group (CSG), equipped with advanced Lockheed Martin F-35C fighter jets, to the volatile Middle East region. This follows unprecedented rising tensions in the region, principally

Bahrain Defence & Security

New US commander takes helm of Task Force 59 in Bahrain

Arnold Pinto 08/08/2024 0

US 5th Fleet region in focus The US Naval Forces Central Command’s Task Force (TF) 59 inducted a new leader on July 30, 2024, as Captain John Barrientos took over command from Captain Colin Corridan in a formal change of command ceremony in Manama, Bahrain. Captain Barrientos succeeds Captain Corridan, who has led TF 59 […]

Defence & Security Saudi Arabia

US okays $2.8 billion military support sale to Saudi Arabia

Arnold Pinto 06/08/2024 0

Involving logistics and programme support The US State Department has approved a potential Foreign Military Sale (FMS) to Saudi Arabia involving system logistics, sustainment support, and related elements at an estimated cost of $2.8 billion. This determination, communicated to Congress by the US Defence Security Cooperation Agency, includes comprehensive logistics and

Aviation

Greece places order for 20 F-35 fighter aircraft

Arnold Pinto 05/08/2024 0

US endorses deal with Lockheed Martin Greece has joined the nations operating the F-35 Lightning II fighter aircraft after signing a Letter of Offer and Acceptance with the US government. The agreement, finalised on July 25, 2024, involves Greece procuring 20 Lockheed Martin F-35s for about $8.6 billion, with an option for an additional 20. […]

Defence & Security

US moves extra military assets to Middle East amidst regional tension

News Desk 2 04/08/2024 0

Including warships, fighter aircraft, missile systems The US is taking decisive measures to address potential escalations involving Iran and its affiliates in the volatile Middle East region. In a statement issued on August 2, 2024, US Deputy Pentagon Press Secretary Sabrina Singh noted that in response to the Hamas attack on Israel on October 7, […]

Aviation

Boeing gets order for two MH-47G Block II Chinooks

Arnold Pinto 02/08/2024 0

Destined for US Army Special Operations The US Army Special Operations Aviation Command (USASOAC) has awarded Boeing a $115 million contract to produce two MH-47G Block II Chinook helicopters. This latest order increases the number of MH-47G Block II Chinooks under contract to 46. The new contract includes the production of two advanced helicopters and […]

Defence & Security

US to transform US Forces Japan into Joint Forces HQ

News Desk 2 29/07/2024 0

Japan offered nuclear deterrents In a landmark decision, the United States will transform US Forces Japan into a Joint Forces Headquarters. This new structure will report directly to the commander of the US Indo-Pacific Command, as disclosed by US Secretary of Defence Lloyd J. Austin III following a high-profile two-plus-two ministerial meeting in Tokyo on […]

Defence & Security

US and Iraqi officials meet to discuss security cooperation

News Desk 2 24/07/2024 0

Meeting held at the Pentagon US and Iraqi officials have met at the Pentagon to discuss when and how the mission of the global coalition against the Islamic State in Iraq would end and transition in an orderly manner to an enduring bilateral security partnership, Pentagon Press Secretary Air Force Maj. Gen. Pat Ryder stated […]

NEWS DESK

Gold consolidates ahead of US inflation data

News Desk 2 10/07/2024

Following Powell’s Senate testimony, which suggests a cautious approach to rate cuts, gold prices jump beyond $2,360. Although DXY gains 0.14%, the rate on the US 10-year Treasury increases to 4.296%. During Tuesday’s North American session, gold prices marginally increased following remarks made by Federal Reserve Chair Jerome Powell before the US Senate Banking

NEWS DESK

What is behind speculations on the looming US economic slowdown?

News Desk 2 05/06/2024

As a result of recent weaker than expected US data, particularly from last week and the first two days of the current new trading week, worries and concerns have surfaced regarding the likelihood that the US economy could slide into a deep slowdown in the near future. Investors first thought that the recent data would […]

Business

NVIDIA Posts Record First Quarter Fiscal 2025 Results

Arnold Pinto 24/05/2024 0

Data Centre Revenue Tops $22.6 Billion NVIDIA Corporation has announced its financial results for the first quarter of fiscal 2025, sending waves through the market with record-breaking figures. The period ending April 28, 2024, saw the US-based tech giant achieve unprecedented milestones, underscored by a remarkable quarterly revenue of $26.0 billion, marking an 18% surge