Aerospace & Defense

Britain seeks bids for $3.4 billion high speed train contract

LONDON Britain opened the bidding on Friday for a 2.75 billion pound ($3.4 billion) contract to build a fleet of trains for a new high speed railway project to link London with the north of England, work on which is due to begin this year.

Exclusive: Spirit AeroSystems mulls sending U.S. supply chain jobs overseas

SEATTLE Spirit AeroSystems Holdings Inc , a major supplier to aircraft maker Boeing Co , is considering outsourcing up to 85 U.S. supply chain jobs, possibly to a company overseas, according to three people familiar with the plan.

Brazil Supreme Court judge handling graft probe killed in plane crash

SAO PAULO Brazilian Supreme Court Justice Teori Zavascki, who was overseeing a graft investigation into scores of powerful politicians, was killed in a plane crash on Thursday, raising questions about who will take over the country's biggest ever corruption case.

North Korea may be readying missile test, timing unclear: U.S. officials

SEOUL/WASHINGTON The United States has seen indications that North Korea may be preparing for a new missile test-launch in the coming days or weeks, U.S. officials said on Thursday, in what could be an early test of President-elect Donald Trump's administration.

Cash-rich Chinese aircraft lessors focus on closing skills gap

DUBLIN Chinese aircraft lessors are investing heavily to build up their asset management skills to match their financial firepower as they try to take on U.S. and European leasing giants, senior executives in the sector said at a conference on Thursday.

Tech firm creates Trump monitor for stock markets

LONDON Just in time for his inauguration, London-based fintech firm Trading.co.uk is launching an app that will generate trading alerts for shares based on comments made on social media by Donald Trump.

Six years after snub, France's Safran bags seatmaker Zodiac

PARIS French aero engine maker Safran on Thursday launched a $9 billion agreed bid for seats manufacturer Zodiac Aerospace to create the world's third-largest aerospace supplier as the industry bulks up to tackle record high output plans. | Video

Russia's Lavrov says U.S. invited to Astana talks on Syria: RIA

MOSCOW Russian Foreign Minister Sergei Lavrov said on Thursday that the United States had been invited to upcoming talks on the Syria conflict that are to take place in the Kazakh capital, Astana, later this month, RIA news agency reported.

Davos CEOs 'go local' on supply chain in Trump era

DAVOS, Switzerland Business leaders in Davos, traditionally the high priests of globalization, are talking up the benefits of local production this week to shield themselves from criticism from incoming U.S. President Donald Trump.

U.S. investors see more automation, not jobs, under Trump administration

NEW YORK When U.S. President-elect Donald Trump criticized United Technologies Corp's Carrier unit in November for its plan to move some 800 jobs to Mexico, the parent-company made a swift decision to keep the factory in Indiana.

Russia to send military, foreign ministry officials to Syria talks: RIA

MOSCOW Russia will send officials from its foreign and defense ministries to a round of Syria peace talks in the Kazakh capital of Astana, RIA news agency cited Deputy Foreign Minister Mikhail Bogdanov as saying on Thursday.