Friday 26 December 2014

BAE wins $1.2bn US Army deal for military vehicle

BAE Systems has won a contract worth up to $1.2 billion to build a new type of armoured vehicle for the US Army, the company and Army officials said on Tuesday. The British-based defense contractor said in a statement the programme aims to engineer and produce a limited initial n


Gunman kills two New York policemen

A gunman ambushed and fatally shot two New York City police officers on Saturday and then killed himself, police said, and a social media post indicated it may have been in revenge for the police chokehold death of an unarmed black man. If the killings do turn out to have been mo


Muhammad Ali hospitalised with pneumonia

Boxing legend Muhammad Ali has been hospitalised with pneumonia and is expected to recover because the illness was caught early, a spokesman said on Saturday. Ali, 72, was admitted to a hospital in an undisclosed location on Saturday morning and is being treated by a team of doct


Gold rises above $1,200, shrugs off rising equities

Gold has edged up above $1,200 an ounce as buyers helped the metal hold up against rising equity markets, paring losses fuelled by worries over a looming hike in US interest rates. A surge in gold prices to above $1,230 an ounce last week from around $1,140 a week earlier has spu


Iran urged to show more flexibility in nuclear talks

Iran has not demonstrated sufficient flexibility in nuclear talks with six world powers aimed at ending a 12-year standoff with the Islamic Republic over its atomic ambitions, France and Britain said on Thursday. The remarks, at the United Nations, came just after the completion


Iraqi Kurds liberate besieged Sinjar mountain

Kurdish peshmerga fighters have fought their way to Iraq's Sinjar mountain and freed hundreds of people trapped there by Islamic State fighters, a Kurdish leader said on Thursday. "The peshmerga have managed to reach the mountain. A vast area has been liberated," sa


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