Source link The divestment is reportedly expected to boost the balance sheet of the crisis-hit aerospace multinational Boeing might sell at least two of its defense unit businesses to improve its finances amid mounting safety concerns, Bloomberg reported on Tuesday, citing unnamed sources familiar with the discussions. The world’s second largest aircraft manufacturer by market […]
Source link Morocco has requested over 600 missiles thought to be in short supply due to the Ukraine conflict The US has given a green light to the possible sale of Javelin anti-tank missiles valued at $260 million to Morocco, the Pentagon said on Tuesday. Washington has previously struggled to replenish its supply of the […]
Source link The $4 billion deal was reportedly stalled in Congress over an alleged Indian murder plot on American soil Washington has cleared the nearly $4 billion sale of 31 drones and related equipment to India, just two days after media reports suggested the deal was stalled in Congress over New Delhi’s alleged connection to […]
Source link The Sardinian property of Italy’s late ex-prime minister is famous for hosting many prominent politicians, including Russian President Vladimir Putin The family of Italy’s late former Prime Minister Silvio Berlusconi has put up for sale his luxurious Sardinian beach estate, Villa Certosa, the Financial Times reported on Wednesday, citing sources at real estate […]
Source link Uniper was nationalized after facing €40 billion in losses due to the halt in Russian gas supplies The German government is preparing to sell part of its 99% stake in the country’s major gas importer Uniper, which was bailed out during the energy crisis in 2022, Bloomberg reported on Wednesday, citing people familiar […]
Source link An Israeli company has received preliminary approval from the government to sell the world’s first steaks made from cultivated beef cells, the country’s Health Ministry announced this week. The ministry said the approval was part of a pilot program for alternative protein carried out by the Department of Food Risk Management. It also […]
Source link The State Department will rush more than 57,000 artillery shells to the Middle East The US State Department has approved the “emergency” sale of artillery ammunition worth $147.5 million to Israel, bypassing the usual need for congressional review. A larger package of military aid for the Jewish state remains stalled in Congress. Israel […]
Source link London has refused to release the funds unless they are used directly in the embattled country The UK government has yet to unfreeze the funds generated from last year’s sale of Chelsea football club, which were earmarked for Ukrainians suffering from the conflict with Russia, British officials have admitted. They blamed a “disagreement” […]
Source link The Biden administration has bypassed Congress to provide tank ammunition for West Jerusalem’s war against Hamas US President Joe Biden’s administration has circumvented congressional authority over military aid to Israel by granting emergency approval for selling $106.5 million of tank ammunition needed for West Jerusalem’s escalating war effort against Hamas in the Gaza […]
Source link The White House is reportedly weighing whether to fast-track thousands of munitions under emergency powers US President Joe Biden is quietly urging lawmakers to approve the sale of 45,000 tank shells to Israel, Reuters reported, noting that the deal is facing scrutiny amid growing concerns about civilian casualties in Gaza. Worth over $500 […]
Source link London has pledged the funds seized from sanctioned Russian tycoon Roman Abramovich will be spent exclusively in Ukraine The British government was asked to spend an estimated $3 billion in funds seized from sanctioned businessman Roman Abramovich in Israel rather than Ukraine, The Telegraph reported on Tuesday. The money came from the sale […]
Source link Moroccan car manufacturer Neo Motors started selling the nation’s first domestically produced vehicle this month, which could compete with similarly priced combustion cars from Renault SA-owned Dacia and Chinese brands, Bloomberg reported on Wednesday. The report highlighted that the company will initially be producing 3,000 units a year of the three-door passenger model […]