One of the biggest corporate donors to the populist Reform U.K. party has sold almost $2 million worth of transmitters, cockpit equipment, antennas and other sensitive technology to a major supplier of Moscow’s blacklisted state weapons agency, documents show.From 2023 to 2024, the company, part of the British aerospace manufacturer H.R. Smith Group, shipped the equipment to an Indian firm that is the biggest trading partner of the Russian arms agency, Rosoboronexport.H.R. Smith Group donated 100,000 pounds (just under $130,000) to Reform U.K. last year, two days after Nigel Farage was announced as the party’s leader. The company is run…
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A Commerce Department report Friday could tell two important stories: that inflation isn’t going away, and that consumers are taking steps to brace for the coming impact of more price increases courtesy of President Donald Trump ‘s tariffs. Wall Street will give close watch to the double-barreled release from the Bureau of Economic Analysis, which will show the levels of personal income and spending for February, as well as the latest reading on personal consumption expenditures prices. The latter metric is the Federal Reserve’s primary inflation gauge it uses when deciding where to set interest rates . While the inflation…
Unitree’s G1 robot at the Mobile World Congress 2025 in Barcelona, Spain, on March 6, 2025.Nurphoto | Nurphoto | Getty ImagesAmerican tech giants like Tesla and Nvidia are racing to develop humanoid robots, stressing their importance to the future economy. But analysts warn they are already at risk of losing out to China.So-called humanoid robots — artificial intelligence-powered machines designed to resemble humans in appearance and movement — are expected to provide a range of use cases, such as filling industrial and service sector jobs. Investor excitement surrounding the robots has been mounting amid increased mentions from tech leaders like Nvidia’s…
The GM logo is seen on a water tank of the General Motors assembly plant in Ramos Arizpe, in Coahuila state, Mexico, on Feb. 11, 2021.Daniel Becerril | ReutersAs auto stocks reacted to the latest tariff announcement out of Washington, D.C., on Thursday, General Motors took the brunt of the hit.Shares of GM fell more than 7% in Thursday trading, far underperforming the likes of Ford and Stellantis, which shed more than 3% and roughly 1%, respectively. Tesla stock was essentially unchanged for the day.The divergence stems from the amount of vehicles that GM imports, and its exposure to Mexico…
A 7.7-magnitude earthquake struck Myanmar on Friday, the United States Geological Survey said, shaking buildings as far as Bangkok, in neighboring Thailand.The quake struck near Mandalay, Myanmar’s second-largest city, at around 12:50 p.m. local time, the agency said.This is a developing story. Source link
CNBC’s Jim Cramer on Thursday suggested the market may not be as grim as some on Wall Street fear, pointing to gains attained by stocks across a range of sectors.”It’s terrific to see such a broad mixture of stocks winning here, from ones that can run in a recession to ones that can rally hard in a robust economy,” he said. “What it tells me is that the market may be far healthier than we think, and this backdrop simply isn’t as bad as many would have you believe.”The indexes finished another day in the red as investors respond to…
Russian President Vladimir Putin.Contributor | Getty Images News | Getty ImagesRussian President Vladimir Putin suggested Ukraine could be placed under a form of temporary administration to allow for new elections and the signature of key accords with the aim of reaching a settlement in the war, Russian news agencies reported early on Friday.Putin, speaking in the northern port of Murmansk, also said he believed U.S. President Donald Trump, who has improved ties with Russia, sincerely wanted to end the more than three-year conflict.He said Russia was steadily moving towards the achievement of its goals in the conflict.Putin’s comments on temporary administration appeared to address his long-held complaint that Ukraine’s authorities are not a legitimate negotiating partner as President Volodymyr Zelenskiy…
Boeing’s Starliner spacecraft is pictured docked to the International Space Station.NASANASA said on Thursday it was moving toward certifying Boeing’s CST-100 Starliner for crewed flights later this year or by early 2026 after its inaugural mission to the International Space Station was marred by a system fault, forcing an extended stay.The agency is working with Boeing to resolve the Starliner’s faulty propulsion system, which caused its debut eight-day crewed mission to stretch into a nine-month stay in space for NASA astronauts Butch Wilmore and Suni Williams.Williams and Wilmore returned earlier this month in SpaceX’s Dragon capsule.Joint teams are working to…
For at least six centuries, residents along a lake in the mountains of central Japan have marked the depth of winter by celebrating the return of a natural phenomenon once revered as the trail of a wandering god.It would only appear after days of frigid temperatures had frozen Lake Suwa into a sheet of solid white. First, people were awakened at night by a loud rumbling. Dawn broke to reveal its source: a long, narrow ridge of jagged ice that had mysteriously arisen across the lake’s surface, meandering like the spiked back of a twisting dragon.This was the Miwatari, meaning…
China’s and U.S.’ flags are seen printed on paper in this illustration taken January 27, 2022. Dado Ruvic | ReutersBEIJING — Chinese President Xi Jinping on Friday met with global executives and made a case for investing in the country, as Beijing focuses on reaching out to businesses amid escalating trade tensions with the U.S.He said multinational companies had a big responsibility to “uphold global order” and that they needed to work hand in hand with China. He emphasized that China was a safe and stable place for foreign companies. “To invest in China is to invest in tomorrow,” he said in Mandarin…
