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BAE Announces $4-Billion Military Jet Sale To Oman

Business & Finance : Business Insider: Clusterstock

British defence giant BAE Systems announced on Friday a £2.5 billion ($4.1 billion, 3.1 billion-euro) deal to supply 12 Eurofighter Typhoon fighter aircraft and eight Hawk trainer jets to Oman. The deal, which will help sustain thou...

Europe forecasts stronger growth; boost for U.S. exports seen

Business & Finance : Money & Co

European officials on Monday forecast stronger economic growth for the region, a major market for exports from California and the rest of the United States.

China central bank holds line on growth forecast but sees more pain to come

Business & Finance : Business Insider: Clusterstock

SHANGHAI (Reuters) - China's central bank slashed its forecast for exports on Wednesday, predicting a second straight annual fall in shipments, but said the economy will still grow 6.8 percent this year. The People's Bank of China (...

Selling Typhoon jets to Saudi Arabia gave BAE a big boost

Business & Finance : Business Insider: Clusterstock

Saudi Arabia's military service was the main reason for London-listed BAE Systems' jump in sales. BAE released its full-year results on Thursday, showing a 7% rise in revenue to £17.9 billion ($25.6 billion) and a 15% rise in operat...

Gartner predicting iPhone sales decline through 2016, expecting growth in 2017

Technology / Apple : 9 to 5 Mac

Tech research giant Gartner is forecasting that the year-on-year decline in iPhone sales will continue through the rest of 2016, but that Apple will return to growth next year. Overall stats released by the company relate to the mob...


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