Business

Canada to increase military spending 70 percent in 10 years

Canada to increase military spending 70 percent in 10 years

OTTAWA-The federal government is vowing to open the spending taps for Canada's military to pay for improved benefits for rank-and-file personnel, more frontline soldiers, and new hardware, which includes a bigger fleet of fighter jets (88), warships, drones for surveillance and airstrikes, and new capabilities for special forces troops.



UAE turns screw on Qatar, threatens sympathisers with jail

While most of the Gulf Cooperation Council members have cut ties, Kuwait's Emir, Sheikh Sabah al-Ahmed al-Jaber Al-Sabah, is seeking a diplomatic solution. At the State Department, an official said in an email that "the tweets are not incompatible". On Tuesday, the UAE, Saudi Arabia, and Bahrain also ordered all Qatar Airways offices located in their territory to close.



Apple unveils new 'HomePod' speaker

The annual three day event is an opportunity for software developers to come and learn more about making apps for Apple products. That's it! It's very similar to Google's speaker/assistant combo, Home, in this respect. The new iPad Pro also comes with a better camera - the same one found in the iPhone 7 - along with more storage, a better display and faster refreshing of moving images.


RCom rejects rating downgrades by Moody's, Fitch

RCom rejects rating downgrades by Moody's, Fitch

Moody's revised RCom's ratings from "Caa1" to "Ca" with a negative outlook. Due to weak operating performance and liquidity condition the company and its various debt instruments were downgraded by multiple rating agency including Fitch Ratings.