JP Morgan identifies BAE Systems PLC and QinetiQ Group PLC as attractive stocks in the European defense sector, anticipating a stronger U.S. defense budget under a potential Trump administration. The analysis considers geopolitical developments and upcoming defense-related events.
Saab has been awarded a $63 million contract by BAE Systems to supply its Universal Tank and Anti-Aircraft System (UTAAS) for the next-generation Combat Vehicle 90 (CV90), highlighting the global demand for this combat-tested infantry fighting vehicle and the ongoing innovation in defense technology.
TikTok has been reinstated on the Apple App Store and Google Play Store after a temporary ban due to national security concerns related to its Chinese ownership. The app's future in the U.S. remains uncertain as ByteDance faces a deadline to divest its U.S. operations.
As Valentine's Day approaches, Amu Plaza Kagoshima sees a surge in shoppers seeking Valentine's goods, especially chocolate, despite rising cocoa prices. Stores have creatively managed price increases, offering a variety of chocolates and baked goods. The article also explores the history of Valentine's Day in Japan and its evolving traditions.
A severe gas explosion at the Shin Kong Mitsukoshi Department Store in Taichung City resulted in 4 deaths and 31 injuries. The incident, which occurred in the food court area under construction, has led to significant fines and operational suspensions due to safety violations.
YouTube TV and Paramount Global have agreed on a short-term extension to keep Paramount-owned channels like CBS, Comedy Central, MTV, and Nickelodeon available on YouTube TV, following a contract dispute over carriage fees. The disagreement had raised concerns about potential blackouts of popular channels and DVR recordings. Both companies are hopeful for a long-term resolution.
The Greek island of Santorini faces a crisis as thousands of earthquakes disrupt daily life and threaten its vital tourism industry, prompting a state of emergency and government intervention.
Reddit's shares fell more than 15% after reporting weaker-than-expected user growth in its fourth-quarter earnings, despite strong financial results and optimistic future revenue guidance.
Reddit Inc. experienced a significant drop in its stock price after reporting weaker-than-expected user growth for the fourth quarter, despite strong financial results and optimistic future guidance.
The latest Consumer Price Index report shows U.S. inflation accelerated in January, with significant increases in grocery, gasoline, and shelter costs. This unexpected uptick has influenced the Federal Reserve's stance on interest rates and raised concerns over consumer purchasing power and potential tariff impacts.