President Vladimir Putin says Russia expects France to return the advance payment if it fails to deliver a warship built for the Russian navy. He said France's failure to deliver the warship wouldn't damage the Russian navy capability, adding that Russia had placed the order in a bid to strengthen relations with France. President Vladimir Putin says the West...» Read More
CNBC's Jane Wells reports the debt crisis has many defense contractors wondering how they're going to get paid, and the Fast Money traders with plays on stocks set to pop.
The increasing acceptance of Islamophobia and anti-immigration rhetoric in the mainstream of European political discourse has created a space for a resurgent and self-confident far-right that has become a credible threat to security and society.
A train transporting defense gear from Romania to Bulgaria was broken into and military equipment went missing, Romanian military prosecutors said in a statement on Sunday.
There's be no money for U.S. defense as of Aug. 3 if there is no deal on the debt under a worst-case scenario, former Treasury Secretary Jay Powell told CNBC Monday.
The discovery of huge deposits of so-called 'rare earth' minerals, used in high technology products, on the Pacific sea floor should ease long-term supply constraints and end a Chinese monopoly, which had been causing strategic concerns in the West, analysts said.
Planned job cuts rose to 41,432 jobs in June, an 11.6 percent increase on May, but the overall pace of downsizing is at the lowest level for 11 years, according to the monthly jobs report by Challenger, Gray & Christmas.
Herve Ghesquiere and Stephane Taponier, the two French journalists that had been held hostage in Afghanistan for 547 days, landed on French soil on Thursday morning. Sources talk about the unusual path taken by the ransom.
Gazprom, the Russian gas monopoly, could take advantage of Greece's sovereign debt crisis to strengthen its leading position on European gas supply and counter attempts by the European Union to diversify its energy relationships.
Indian airlines walked away from the Paris Air Show with a third of the airplane orders last week — a $23 billion gamble that air will finally conquer rail despite a formidable list ofobstacles.
President Barack Obama will set the course for drawing down the U.S. war in Afghanistan on Wednesday, when he is expected to announce plans to bring roughly 10,000 American troops home in less than a year.
The announcement that Ryanair will develop a new airplane with state-backed Chinese aircraft manufacturer COMAC on Tuesday at the Paris Air Show is the latest step towards a Chinese-made large commercial airplane.
The Chinese come to the Paris Air Show as both the world’s largest purchaser of jetliners and a budding manufacturer projected by some to one day challenge the dominance of Boeing and Airbus.
The aerospace sector is “closer to the beginning than the end” of an upswing in orders, the chief executive of Boeing told CNBC Monday.
Given the doom and despondency across so many parts of the EU economy and with European governments tumbling over themselves to reverse years of living beyond their means, next week's Paris Air Show at Le Bourget should provide something to cheer, writes Howard Wheedon, Senior Strategist at BGC Partners.
RSA Security on Monday offered to replace its SecurID tokens for most of its 40 million users as it tries to regain customer confidence after prominent hacking attacks. The New York Times reports.
It will forever be known as the place where the United States finally caught up with Osama Bin Laden but the Pakistani garrison town of Abbottabad has been described as the country’s ‘Terrorism Central,’ according to the executive director of the Asia-Pacific Foundation.
No other country on earth has a larger defense budget than the United States. What are the most expensive U.S. military vehicles? Find out.
The death of Osama Bin Laden has dealt a serious blow to Al Qaeda recruitment and has diminished the organization’s capability, Asa Hutchinson, former Under Secretary of Homeland Security told CNBC on Wednesday.
A member of the US Senate Intelligence Committee has told CNBC that the death of Osama Bin Laden was a direct result of enhanced interrogations.