Edition:
United States

U.S. Marines award amphibious vehicle deal to BAE

WASHINGTON The U.S. Marine Corps has awarded BAE Systems PLC a contract for wheeled amphibious combat vehicles (ACV) that transport Marines from ship to shore under hostile conditions, the defense contractor said on Tuesday.

General Electric loses place in elite Dow Jones Industrial Average

General Electric Co has lost its spot in the Dow Jones Industrial Average after over a century in the blue chip stock index, a new blow to a company that once towered over the American business landscape but is now struggling to retain its standing as an industrial powerhouse. | Video

China-based campaign breached satellite, defense companies: Symantec

SAN FRANCISCO A sophisticated hacking campaign launched from computers in China burrowed deeply into satellite operators, defense contractors and telecommunications companies in the United States and southeast Asia, security researchers at Symantec Corp said on Tuesday.

FedEx orders Boeing freighters for $6.6 billion

FedEx Express, a unit of package delivery company FedEx Corp , has ordered 24 medium and large freighters from Boeing Co , the world's biggest planemaker said on Tuesday, as e-commerce demand boosts air freight business.

Iran says no plans to increase missile range, rejects talks with Trump

LONDON Iran has no plans to extend the range of its missiles since their 2,000-km (1,240-mile) reach is enough to protect the country, the Revolutionary Guards commander said on Tuesday, amid mounting U.S. pressure over Tehran's missile program.

Nick Hague dreamed of the stars as a boy, now he's heading to space

HOUSTON As a boy growing up in Kansas, Nick Hague looked up at the stars and wanted to explore the unknown. In October, his dream will come true when he blasts off on a Russian Soyuz spacecraft to the International Space Station. | Video

France to lead joint fighter jet program with Germany

PARIS France will take the lead in the development of a next generation combat jet with Germany under an agreement the two governments signed on Tuesday, the French defense ministry said.

From the Aussie to soybeans and cars: what's at risk in a trade war?

LONDON The Aussie dollar takes a thumping, soybean prices swing and German carmaker shares are stuck in reverse.

Houthis say launch missile at Aramco facility in Saudi Arabia

DUBAI The Iran-aligned Houthi movement in Yemen said it launched a missile targeting a facility of oil firm Aramco in Asir in southwestern Saudi Arabia, Houthi-run media al-Masirah TV and SABA reported on Tuesday.

Escalating tariff war hits Europe's autos stocks and multinationals

LONDON European shares extended a sell-off on Tuesday as a trade war between the United States and China escalated, with autos, mining and technology stocks taking the brunt.

Ethiopian Airlines eyes orders at Farnborough air show

BRUSSELS Ethiopian Airlines may decide on possible orders for the Boeing 787 Dreamliner and smaller CSeries or Embraer E2 jets at the Farnborough air show, the African airline's chief executive said.

ZTE, U.S. suppliers shares tank after Senate puts Trump reprieve in doubt

HONG KONG Shares of ZTE Corp and its American business partners took a hit on Tuesday after the U.S. Senate's passage of a defense bill set up a potential battle with the White House over whether the Chinese telecoms firm can resume business with U.S. suppliers. | Video

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