Category : Search result: arms industry revenue


China Sanctions U.S. Firms Over Taiwan Arms Sales

Beijing imposes sanctions on 20 U.S. defense companies and 10 executives, including Anduril and Boeing, in response to a major arms package for Taiwan. Tensions escalate as China freezes assets and bans business dealings.

Feds move $900M pension surplus, total hits $2.8B

The federal government is moving another $900 million surplus from the public service pension fund to a central account, bringing the total to $2.8 billion. Public sector unions are alarmed. Read more.

Accenture Beats Q1 Revenue Estimates on AI Demand

Accenture exceeded Wall Street's first-quarter revenue expectations, driven by robust demand for its AI-powered IT services. The company is advancing its strategy to capture greater market share.

U.S. $10B+ Arms Sale to Taiwan Announced

The U.S. has approved a major arms sale to Taiwan valued over US$10 billion, a move certain to escalate tensions with China. Get the details on the deal and its geopolitical implications.

Edmonton may charge for parking at city attractions

Edmonton councillor proposes study on implementing parking fees at city-owned attractions like the zoo and science centre to recover costs and reduce property tax pressure. Could this be a new reality for a growing city?

Pfizer 2026 profit forecast below expectations

Pfizer projects 2026 profits below Wall Street estimates due to a steep drop in COVID product sales and loss of exclusivity for key drugs. Get the full business analysis.

CRA warns of aggressive tax schemes in Canada

The Canada Revenue Agency has issued a public alert about aggressive tax avoidance schemes operating in the country. Learn what to watch for and how to protect yourself.

Delta Air Lines lost $200M in U.S. shutdown

The longest U.S. government shutdown cost Delta Air Lines an estimated $200 million in revenue. The airline cites reduced travel demand from federal employees and contractors.

Economist Calls Trump's Economic Claims 'Nonsense'

University of Michigan economist Justin Wolfers dismantles Donald Trump's recent economic boasts, calling them misleading and highlighting weak consumer confidence. Read the full analysis.

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