Latest news with #MajuSamuel
Zawya
04-07-2025
- Business
- Zawya
Boeing secures $2.8bln US satellite contract
Boeing Co said on Thursday it had secured a $2.8 billion U.S. contract to develop and produce two satellites with options for two more. The Evolved Strategic Satellite Communications (ESS) program will deliver space-based nuclear, command, control, and communications for the U.S. president and joint strategic global forces. Boeing is set to deliver the first of two space vehicles by 2031. When deployed in geostationary orbit, the ESS will provide persistent coverage to strategic warfighters worldwide. (Reporting by Nathan Gomes in Bengaluru; Editing by Maju Samuel)
Zawya
02-07-2025
- Business
- Zawya
Citigroup boosts dividend after stress test win
Citigroup increased its quarterly dividend to 60 cents per share on Tuesday, compared with 56 cents earlier, less than a week after passing the U.S. Federal Reserve's annual stress test. (Reporting by Niket Nishant in Bengaluru; Editing by Maju Samuel)
CTV News
01-07-2025
- Business
- CTV News
Bombardier secures US$1.7 billion aircraft order with service deal
Flags fly in front of signage at the Bombardier plant in Montreal, Tuesday, Feb. 4, 2025. THE CANADIAN PRESS/Christinne Muschi Bombardier said on Monday it had received an order for 50 of its Challenger and Global aircraft, alongside a service agreement, valued collectively at $1.7 billion, with deliveries scheduled to commence in 2027. Bombardier said the customer, who has chosen to remain anonymous, would hold 70 new aircraft purchase options, which, if exercised, would increase the combined value of the aircraft and service agreements to over $4 billion. Earlier this year, the company said it expects new order activity to be slower through the first half of the year and to pick up after that. The Montreal-based company said in May that it expects to deliver more than 150 business jets this year, compared with 146 in 2024. Reporting by Gursimran Kaur in Bengaluru; Editing by Maju Samuel
Zawya
10-03-2025
- Zawya
Social media platform X down for thousands of users, Downdetector shows
Social media platform X is down for thousands of users in the U.S. and the UK, according to outage tracking website There were more than 16,000 incidents of people reporting issues with the platform as of 6:02 a.m. ET, according to Downdetector, which tracks outages by collating status reports from a number of sources. (Reporting by Rishi Kant in Bengaluru; Editing by Maju Samuel)
