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Business

Unassuming aircraft a drawcard at Asia's arms bazaar

SINGAPORE: The star attraction at Asia's biggest arms and aerospace bazaar is an outwardly unassuming aircraft parked in a distant corner of the tarmac, past the sleek jet fighters and menacing attack helicopters. An operational P-8A Poseidon surveillance aircraft is on public display for the first time, with its manufacturer, Boeing, hoping for rich sales in a region that has two of the world's most tense maritime disputes.

World

Mexico Pemex blast death toll rises to 32, cause unclear

MEXICO CITY (Reuters) - The death toll from an explosion at the Mexico City headquarters of Mexican state oil company Pemex has risen to 32, but the cause of the incident is still unclear, the company said on Friday.

Business

Denmark preparing to stake claim to North Pole

COPENHAGEN, Denmark: Denmark plans to lay claim to the North Pole and other areas in the Arctic, where melting ice is uncovering new shipping routes, fishing grounds and drilling opportunities for oil and gas, a leaked government document showed Tuesday.

Business

Obama defends nuclear energy

WASHINGTON: President Barack Obama on Tuesday defended the use of nuclear energy despite the calamity in Japan where a nuclear power plant leaked radiation in the wake of a devastating earthquake and tsunami.

Business

EADS subsidiary sells two helicopters to French Defence Ministry

KUALA LUMPUR: Eurocopter, a subsidiary of EADS and the world's leading helicopter manufacturer, has announced the purchase of two EC225s by the French Defense Ministry for the country's navy.

Business

Boeing, Lockheed, Sikorsky eye $15B helicopter win

WASHINGTON (AP) - Executives at Boeing Co. and Lockheed Martin Corp. said Tuesday they expect the Air Force to remain on schedule for awarding a disputed $15 billion helicopter contract, although they don't anticipate official word until the end of December.

Business

Lawmakers press for answers on $35B Air Force deal

WASHINGTON (AP) - Lawmakers on Thursday demanded a detailed explanation of what went wrong with the Air Force's management of a $35 billion tanker contract awarded to Northrop Grumman Corp. and its European partner over Boeing Co.

Business

Boeing competitors get US$15b helicopter contract

The U.S. Air Force has requested news bids for a $15 billion (euro10.5 billion) contract Boeing Co. was awarded last November to replace 141 search-and-rescue helicopters used in combat.

Business

Zetro to offer MRO services abroad

Zetro Aerospace Corp Sdn Bhd is preparing to offer its maintenance, repair and overhaul (MRO) business abroad. Managing director Datuk Mohd Zamri Muda told I>StarBiz/Ithe company was looking at the Asean market for a start.

Business

TSSi to boost sales via Mesdaq listing

TOTAL Solution System Integrator Sdn Bhd (TSSi), a distributor of condition monitoring equipment, plans to list its wholly-owned subsidiary Machine Performance Group Sdn Bhd (MPG) on the Mesdaq market by the end of this year.