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January 12, 2025
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US

Aviation

Greece places order for 20 F-35 fighter aircraft

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. […]
Aviation

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

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 […]
NEWS DESK

Gold consolidates ahead of US inflation data

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
Business

NVIDIA Posts Record First Quarter Fiscal 2025 Results

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
NEWS DESK

Hitachi Energy supports long-term operation of largest HVDC-connected wind energy project in U.S.

Hitachi Energy announced that it has signed a multi-year agreement with Pattern Energy to support its high-voltage direct current (HVDC) technologies for the SunZia Transmission Project. The link will connect the 3,515-megawatt (MW) SunZia Wind project in New Mexico to Arizona and Western states, which will be one of the world’s largest transmission links delivering […]
Cybersecurity Defence & Security

Pentagon Moves To Bolster American Defence Industry Cybersecurity

Following Escalating Cyber Threats The Pentagon has unveiled its inaugural strategy to fortify cybersecurity among American defence industry stakeholders, a crucial step in the face of escalating cyber threats that underscores the immediate need for collaboration. The Defense Industrial Base Cybersecurity Strategy charts a course for intensified cooperation between the US
Travel

United Airlines Introduces MileagePlus Miles Pooling

A First Among Major US Carriers United Airlines has pioneered a new feature within its loyalty programme, MileagePlus, that allows members to combine their miles with family and friends. This innovative initiative simplifies travel planning and enhances accessibility to award travel for groups of all sizes. Effective immediately, MileagePlus miles pooling is accessible