Aerospace & Defense
Explainer: New submarines and nuclear drones: Why is North Korea developing its navy?
Explainer ·September 8, 2023 · 6:47 AM UTC Over the past year North Korea has moved to boost its navy with new nuclear weapons, including an underwater drone, warships, and its first operational missile submarine, unveiled on Friday.
- CompensationSacked CEO of Portugal's airline TAP sues for $6.3 million in compensation
The former chief executive of Portuguese airline TAP, Christine Ourmieres-Widener, has filed a lawsuit in a Lisbon court to claim over 5.9 million euros ($6.3 million) in compensation for being sacked last March amid a high-profile scandal.
- Financial ResultsGKN Aerospace owner Melrose's CEO to step down
British aerospace supplier Melrose's CEO and co-founder Simon Peckham will step down in March after more than 20 years and be replaced by Chief Operating Officer Peter Dilnot, it said on Thursday, paving way for new leadership as it changes course.