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2 mins read

US approves $2B arms sale to Taiwan including air-to-air missiles and NASAMS weapon systems

The NASAMS is a medium-range air-defense system that can be used to defend against aircraft, drones…

Rebecca Rommen   


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3 mins read

The Russian arms dealer who was exchanged for Brittney Griner is trying to sell weapons to the Houthis: report

Viktor Bout, released in a prisoner swap for Brittney Griner, is trying to sell weapons to the Hou…

Joshua Nelken-Zitser   


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2 mins read

Nvidia stock tests record highs as Wall Street defends chipmaker's valuation amid 'AI arms race'

Nvidia stock is trading at a forward price-to-earnings multiple of about 35x, which is below its th…

Matthew Fox   


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1 min read

Computex 2024: MediaTek joins Arm Total Design as it looks to boost AI innovation

MediaTek announced on Tuesday that it has joined Arm Total Design, an ecosystem that aims to accele…

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2 mins read

Gucci sales hit by Asia slump, faces profit and stock decline

Gucci, Kering's largest brand, saw an 18% decline in revenue in the first quarter.

Meghan Morris   


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2 mins read

Russian arms manufacturers are 'scrambling to expand their production capabilities using whatever they can get,' expert says

Russia is expanding its weapons production by buying secondhand equipment through China in order to…

Rachel Hosie   


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5 mins read

The US is quietly arming Taiwan against a Chinese invasion — but it could backfire

The US is using taxpayer money to arm Taiwan amid signs China is determined to seize back control o…

Tom Porter   


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3 mins read

This $21.7 million ranch for sale in Montana once served as a hideout for a Soviet pilot who defected in a MiG-25. Take a look.

After defecting to the West in an MiG-25 and revealing Soviet Union secrets, Viktor Belenko lived i…

Kelsey Vlamis   


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1 min read

Russia revives oil exports to North Korea as US sounds alarm on more arms sales for Ukraine war

Since December 2022, Russia has exported 67,000 barrels of oil products to North Korea, a UN report…

Filip De Mott   


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2 mins read

Sebi puts Manappuram Finance's arm Asirvad Micro Finance IPO on hold

Capital markets regulator Sebi has kept in "abeyance" the proposed Rs 1,500 crore Initial Public Of…

PTI   


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10 mins read

Anupam Mittal hits out at Google — 'Tech bullies need one arm chopped off in the form of penalties'

Way before platform economy became a buzzword, Anupam Mittal built a platform for Indians seeking l…

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2 mins read

Arm Holdings soars 64% after strong earnings shed light on its exposure to the growing AI industry

"More and more AI is running on more end devices, and that's all running on Arm," ARM CEO Rene Haas…

Matthew Fox   


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2 mins read

The US ramped up arms exports by more than 50% in 2023, cutting into Russia's own weapons trade: Politico

Russia's invasion of Ukraine helped increase US arms exports to $81 billion in 2023, Politico repor…

Thibault Spirlet   


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4 mins read

Foreign investors up in arms as Sebi plans to shift to T+0 settlement

A move towards same day settlement on a split and optional basis raises concerns about dividing the…

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2 mins read

OpenAI's chaos has both hastened the arms race to AI dominance and opened the door to competitors

Sam Altman's ouster may have emboldened competitors. As companies vie for dominance, AI experts eye…

Monica Melton   


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9 mins read

Viral hot sauce challenges have fueled a $100 million chile pepper arms race

The growing appetite for spicy food in the US has perhaps gone off the rails. Here's how we got her…

Lloyd Lee   


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2 mins read

Biden's opaque new weapons deal with Israel violates his own directive on arms transfers, critics say

The US has transferred $320 million in weapons to Israel as its bombardment of Gaza draws war crime…

Tom Porter   


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1 min read

HSBC acquires UK arm of Silicon Valley Bank for £1

HSBC says that the transaction "completes immediately" and will be funded from existing resources. …

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2 mins read

A Ukrainian arms dealer accused of corruption is now one of the country's top weapons suppliers

Before the war, Ukrainian President Volodymyr Zelenskyy described arms dealer Serhiy Pashinsky as a…

Charles R. Davis   


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1 min read

US stocks jump on consumer strength while Arm’s bullish debut lifts hopes for IPO market

Investors pushed stocks higher on Thursday amid signs of continued consumer strength and the succes…

Filip De Mott