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France ‘notes and regrets’ end of its submarine deal with Australia and will convene EU summit on European defenceNo mention of China in announcement of alliance between Australia, Britain and US which is aimed at Indo-Pacific security
PARIS (Reuters) -France accused U.S. President Joe Biden on Thursday of stabbing it in the back and acting like his predecessor Donald Trump after Paris was pushed aside from a historic defence export contract to supply Australia for submarines.
FRANKFURT (Reuters) - Lars Windhorst, the businessman behind German soccer club Hertha Berlin, said he will repay more than 1 billion euros ($1.2 billion) within months, by selling assets to rid himself of debt and get his finances on a stable footing.
The paper says that Defence Minister Prabowo must maintain transparency to prevent a second uproar over the whopping arms procurement budget.
SEOUL: The European Union’s (EU) antitrust regulator has not yet resumed its review of the proposed merger between South Korea’s two leading shipbuilders, putting its decision on hold for nearly a year.
CANBERRA (Reuters) - Australia will refurbish its ageing Collins-class submarine fleet, The Australian newspaper reported on Friday, as doubts over Canberra's A$50 billion ($38.8 billion) deal for 12 new submarines built by French shipbuilder Naval Group grow.
MILAN (Reuters) -Italian defence group Leonardo and U.S. tech giant Microsoft have teamed up to boost the digital transformation of Italy's public administration and critical national infrastructures, the two companies said in a statement.
Shipbuilding firm eyeing assets with earnings visibility
KUCHING: TAS Offshore Bhd has built and delivered five units of gabbage collection craft (GC craft) for port contract services for S$4.5mil (RM13.95mil) to their Singaporean owner.
CCTV video of life aboard massive vessel and glimpse at its technologies suggests it is ready for the next stage of its development, source close to navy saysShandong has already conducted nine sea trails, but they were all in Bohai Bay or the South China Sea, which is relatively close to its home base, military expert says