Business

DUBAI (Reuters) – Iran is holding talks with European planemaker Airbus to buy 48 helicopters for civilian use, an Iranian official was on Saturday quoted as saying, as Iran continues its shopping spree of Western aircraft after the lifting of sanctions. “The Health Ministry is planning to order 45 HEMS (Helicopter Emergency Medical Service) helicopters
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WASHINGTON (Reuters) – Lockheed Martin Corp (LMT.N) has won an $8 billion U.S. defense contract for global logistics support services for special operations forces, the Pentagon said on Friday. The U.S. military often relies on outside contractors to perform support services including logistics at warehouses and depots as well as maintenance, modifications and repairs on
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WASHINGTON (Reuters) – U.S. President Donald Trump’s failure to fill dozens of senior-level positions at the Pentagon is making it difficult for defense contractors to forecast business. Defense company officials, speaking on conference calls after their just-reported quarterly earnings, did not blame Trump directly, but said the lack of appointments to key positions at the
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(Reuters) – Alphabet’s (GOOGL.O) Google on Thursday canceled a company-wide meeting scheduled to discuss the controversy over a memo opposing company diversity policies, citing concerns about attacks on employees from far-right internet commenters, according to an email from Google’s chief executive that was obtained by tech news site Recode. Google on Monday fired an engineer,
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HONG KONG (Reuters) – Prominent businessman Barry Cheung, who founded the now-defunct Hong Kong Mercantile Exchange, appeared in a Hong Kong court on Thursday charged with conspiracy to defraud the securities regulator and fraud. Cheung, 59, who served under former Hong Kong leader Leung Chun-ying’s government, was charged with conspiring to conceal the true financial
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SAN FRANCISCO (Reuters) – Facebook Inc on Wednesday made its biggest move to date to compete in the television market by expanding its video offerings with programming ranging from professional women’s basketball to a safari show and a parenting program. The redesigned product, called “Watch,” will be available initially to a limited group in the
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(Reuters) – Netherlands-based telecom giant Altice NV (ATCA.AS) and its U.S. cable unit are working on an offer to buy Charter Communications Inc (CHTR.O), but have yet to submit a proposal, sources told Reuters on Wednesday. The move highlights an expected wave of consolidation in the industry as cable companies enter the wireless business and
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