Author: franperez66q@protonmail.com
Sweden will order four navy warships from France in a $4 billion deal that will see its air defense capacity triple, the Nordic country announced on Tuesday morning. The investment would be Sweden’s biggest defense investment since the 1980’s, Prime Minister Ulf Kristersson said at a press conference in Stockholm.The purchase of the French Defense and Intervention (FDI) frigates from Naval Group is valued at about 40 billion Swedish crowns ($4.25 billion), and the first delivery is expected in 2030.”It’s a tripling of the Swedish air defense capacity compared to today, and that says something about the scale of this decision……
Radar, a startup backed by American Eagle CEO Jay Schottenstein that helps retailers manage in-store inventory and cut back on theft and lost merchandise, reached unicorn status with its latest funding round, CNBC has learned. The company, founded in 2013 by Spencer Hewett, raised $170 million at a valuation of over $1 billion in its series B funding round, which was co-led by Gideon Strategic Partners and Nimble Partners with participation from Align Ventures. The company also counts Schottenstein among its investors. He said American Eagle was the first retailer to implement Radar’s technology across its stores.Through Radar, “American Eagle has unlocked…
ZF to retain electric motor production but warns of additional job cuts Source link
Armada co-founders Dan Wright (L) and John Runyan (R)ArmadaArmada, which builds modular data centers that are becoming increasingly popular with customers in defense, energy and the military sector, raised $230 million from investors in a Series B fundraising round announced on Tuesday. San Francisco-based Armada, which was named to the 2026 CNBC Disruptor 50 list on Tuesday, was valued at $2 billion in the deal. The investor round comes alongside a manufacturing deal with Johnson Controls, which made an investment in Armada, to produce modular data centers at a new 400,000-square foot Arizona factory called Galleon Forge One. The factory,…
Russian President Vladimir Putin meets with China’s President Xi Jinping at the Kremlin in Moscow on March 21, 2023.Alexey Maishev | Afp | Getty ImagesAs Russian President Vladimir Putin travels to China, Moscow’s leader will be keen not only to bolster ties with Beijing but also to extract key wins in areas of trade and energy.Putin’s two-day trip to Beijing comes hot on the heels of his U.S. counterpart Donald Trump’s state visit, which saw the White House boast diplomatic and trade wins. The Russian president now heads to Beijing with the hope of reaffirming and reinforcing already close ties…
Cuban President Miguel Diaz-Canel and U.S. President Donald Trump.Sergey Bobylev | Nathan Howard | ReutersCuban President Miguel Díaz-Canel on Tuesday condemned U.S. sanctions on the country as “immoral, illegal, and criminal,” lashing out at prolonged economic pressure on the communist-run island as tensions escalate. In a social media post on X, Díaz-Canel said the fuel-starved nation would “continue to denounce, in the firmest and most energetic way possible, the genocidal siege that seeks to strangle our people.”Cuba’s president singled out President Donald Trump’s executive order that threatens third parties from selling oil to Havana with tariffs, as well as U.S.…
SAN DIEGO, CALIFORNIA – MARCH 23: A Home Depot logo is displayed on a sign outside of a store on March 23, 2026 in San Diego, CA. (Photo by Kevin Carter/Getty Images)Kevin Carter | Getty Images News | Getty ImagesHome Depot said Tuesday its core homeowner shopper remains resilient in the face of higher gas prices and plummeting consumer confidence, leading the retailer to reaffirm its full-year guidance after beating fiscal first-quarter expectations. “The homeowner in a relevant sense is perhaps more protected financially than other customer cohorts and so we continue to see engagement,” finance chief Richard McPhail told CNBC…
Why is Atoss Software stock surging today? Source link
From the Dayton, Ohio, suburbs to boardrooms in Dallas, the employees fueling AT&T’s next wave of growth aren’t fresh-faced college graduates with expensive four-year degrees. They’re skilled, blue-collar workers ready to get their hands dirty — and AT&T can’t find enough of them. “We need people who know how to actually work with electricity. We need people who understand photonics. We need people who can go into folks’ homes and connect this infrastructure to make it work right,” AT&T CEO John Stankey told CNBC during a recent interview from the company’s Dallas headquarters. “We find that we’ve got to go out…
Ben Zaranko, an associate director at the influential think tank, said: “Moving to a broader set of fiscal indicators, assessed according to a traffic light system, would provide a better picture of the government’s overall fiscal position, and reduce the incentive for governments to contort policy in pursuit of a particular ‘headroom’ number.” Source link