War
What a Ukraine peace plan could mean for Europe’s defense boom
The bull run on European defense stocks isn’t over, market watchers say — whether or not officials find a way to finally put a stop to the war in Ukraine. On Tuesday, Axios reported that a secret peace deal was being drawn up by Washington and Moscow, with some outlets reporting a breakthrough could be […]
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CNBC exclusive: First look at Shield AI’s new AI-piloted military fighter drone
Shield AI is trying to shake up the defense industry. The company, which is valued at $5.3 billion after securing $240 million in its latest round of funding, is set to unveil its next generation, autonomous fighter jet known as the X-Bat on Wednesday. CNBC got exclusive access to the company’s headquarters ahead of the […]
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Many insurance underwriters won’t offer Middle East coverage to U.S., Israel, U.K.-linked vessels at any price
The conflict in the Middle East has led many insurance underwriters in the maritime shipping market to avoid offering coverage in the region to any U.S., Israel, or U.K.-linked vessels. “Many underwriters are not touching vessels with perceived U.S., U.K. or Israeli links at any price,” said David Osler, insurance editor for Lloyd’s List. According […]
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Trump calls ‘obliteration’ an accurate description of damage to Iran’s nuclear facilities
A satellite image shows the Fordo nuclear facility in Iran in this handout image dated June 14, 2025. Maxar Technologies | Via Reuters U.S. President Donald Trump on Sunday disputed Iranian attempts to downplay the strikes on its nuclear facilities, stressing that “obliteration” was an accurate description, even though the full extent of the damage […]
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Hegseth claims Iran’s nuclear ambitions ‘obliterated’ after U.S. strikes
Secretary of Defense Pete Hegseth said Sunday that “Iran’s nuclear ambitions have been obliterated,” hours after the United States attacked three major nuclear nuclear enrichment facilities. Hegseth praised President Donald Trump’s order as “focused, it was powerful, and it was clear,” during an early morning press conference. Hegseth said that the late-night mission was “not […]
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Israel expands military effort in Gaza, defence minister says
Israel’s Foreign Minister Israel Katz in Jerusalem on October 7, 2024. Ahmed Gharabli | Afp | Getty Images Israeli Defense Minister Israel Katz announced a major expansion of the military operation in Gaza on Wednesday, saying large areas of the enclave would be seized and added to the security zones of Israel. In a statement, […]
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Israel attacks targets in Gaza as ceasefire deadlock breaks
Palestinians walk among the rubble of homes in Gaza on March 17, 2025. Majdi Fathi/Nurphoto | Nurphoto | Getty Images The Israeli military said it hit targets across Gaza early on Tuesday, ending a weeks-long standoff over extending the ceasefire that halted fighting in January, with Palestinian health ministry officials reporting at least 100 dead. Strikes were reported in multiple locations, including […]
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Trump threatens to impose ‘large scale’ sanctions on Russia until a peace agreement with Ukraine is reached
US President Donald Trump speaks as he prepares to sign executive orders in the Oval Office of the White House in Washington, DC on March 6, 2025. Mandel Ngan | AFP | Getty Images WASHINGTON — After weeks of distancing the U.S. from Ukraine, President Donald Trump on Friday threatened to impose expanded “large scale” sanctions and […]
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Elon Musk has a problem with X’s Community Notes when he disapproves of the results
Elon Musk, CEO of Tesla and SpaceX and owner of social media platform X, speaks at the Conservative Political Action Conference at the Gaylord National Resort Hotel and Convention Center in Oxon Hill, Maryland, Feb. 20, 2025. Andrew Harnik | Getty Images For X owner Elon Musk, the solution to monitoring misinformation online has been […]
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Zelenskyy calls on allies ‘not to hide,’ respond to North Korean involvement in war
Ukraine’s President Volodymyr Zelenskyy addresses lawmakers as he presents the so-called ‘Victory Plan’ during a parliament session, amid Russia’s attack on Ukraine, in Kyiv, Ukraine October 16, 2024. Andrii Nesterenko | Reuters Ukrainian President Volodymyr Zelenskyy called on allies on Tuesday “not to hide” and to respond to evidence of North Korean involvement in Russia’s war in […]
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