Defense
Hegseth says U.S. is ready to share tools to help allies counter an ‘aggressive’ China
U.S. Secretary of Defense Pete Hegseth applauds during ASEAN Plus meeting at the Association of Southeast Asian Nations Defense Ministers’ Meeting in Kuala Lumpur, Malaysia, on Nov. 1, 2025. Vincent Thian | Via Reuters Pentagon chief Pete Hegseth on Saturday took aim at Beijing over an increase in “destabilizing actions” in the South China Sea […]
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U.S. military officials required to sign NDAs tied to Latin America mission: Reuters
US Secretary of Defense Pete Hegseth addresses senior military officers at Marine Corps Base Quantico in Quantico, Virginia, on September 30, 2025. Andrew Harnik | Afp | Getty Images U.S. military officials involved with President Donald Trump’s expanding operations in Latin America have been asked to sign non-disclosure agreements, three U.S. officials say, a development that raises new questions about a military […]
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Mining execs embrace ‘phenomenal’ rare earths interest from the Middle East
Guests enjoy the Fortune Global Forum 2025 Gala Dinner on October 26, 2025 at Diriyah Gate, Riyadh, Saudi Arabia. Cedric Ribeiro | Getty Images Entertainment | Getty Images Mining executives have welcomed a sharp upswing in investor interest from the Middle East, as Gulf states seek to expand their critical mineral ambitions and take on […]
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Trump’s $130 million mystery donor is Mellon heir: NYT
Timothy Mellon, seen outside an inspection train during a property tour in 1981. Exact date and location unknown. AP Photo A mystery donor whose $130 million is meant to pay U.S. military during the government shutdown is Timothy Mellon, an heir to a renowned Gilded Age family, The New York Times reported Saturday, citing two […]
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Japan’s new premier pledges early boost to defence spending, ‘proactive’ fiscal moves
A sailor raises the Japan Maritime Self-Defense Force ensign on board the JS Ise, a Hyuga-class helicopter destroyer on June 21, 2025. Ted Aljibe | Afp | Getty Images Japan’s new Prime Minister Sanae Takaichi pledged on Friday to accelerate a defence spending target by two years, as her government pursues proactive fiscal expansion on strategic priorities. […]
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Defense companies raise 2025 outlooks on higher demand
Visitor passes the Raytheon Technologies Corporation logo at the 54th International Paris Air Show at Le Bourget Airport near Paris, France, on June 22, 2023. Benoit Tessier | Reuters Defense and aerospace giants raised their outlooks for the year on Tuesday, citing stronger demand despite economic uncertainty and tariffs. GE Aerospace, Northrop Grumman, RTX and […]
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China says U.S. and Australia ‘should play a proactive role’ to bolster rare earth supply chains
FILE PHOTO: Workers transporting soil containing rare earth elements for export at a port in Lianyungang, Jiangsu province, China, Oct. 31, 2010. Stringer | Reuters China on Tuesday responded to the U.S.-Australia critical minerals deal by saying resource-rich rare earth countries should take “a proactive role” in stabilizing their critical minerals supply chains. A spokesperson […]
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Thyssenkrupp warship spinoff TKMS taps into Europe’s defense boom with Frankfurt IPO
TKMS, the German warship manufacturer which has spun out from parent group Thyssenkrupp, plans to capitalize on the expected surge in Europe’s defense spend with “prudent, margin-oriented growth” after debuting on Frankfurt’s stock exchange Monday. The initial public offering saw TKMS launch at around 60 euros ($70) per share — giving it a market […]
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U.S. will send survivors of strike on suspected drug vessel back to Ecuador and Colombia, Trump says
U.S. President Donald Trump meets with Ukraine’s President Volodymyr Zelenskyy (not pictured) over lunch in the Cabinet Room at the White House in Washington, D.C., U.S., Oct. 17, 2025. Jonathan Ernst | Reuters The two survivors of an American military strike on a suspected drug-carrying vessel in the Caribbean will be sent to Ecuador and […]
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CEOs of Wells Fargo and Pfizer caution the U.S. could lose its edge to China without innovation
Key Points Wells Fargo CEO Charlie Scharf said AI is boosting productivity but will likely reduce workforce size. Pfizer CEO Albert Bourla warned China is closing the biotech and pharmaceutical patent gap rapidly and said the U.S. needs to focus on innovation. Speaking at CNBC’s inaugural Invest in America Forum, both CEOs agreed that the […]
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