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Boeing sees growth in cyber despite defense cuts
Oct 26th, 2011
ANNAPOLIS JUNCTION, Maryland (Reuters) - Boeing Co opened a new cyber security center on Tuesday, saying it expected high single-digit or low double-digit growth in the sector in coming years despite major cuts in defense spending. (Source: Reuters) -
(Reuters) - Boeing Co's board has given its commercial airplanes unit approval to start selling a new version of its long-range 777 jetliner, the Wall Street Journal reported, citing an unnamed person familiar with the decision. The approval came at a board meeting in Chicago that coincided with Boeing's annual shareholder meeting on Mond... [Full Article]
LONDON (Reuters) - Royal Mail said annual profit had more than doubled on the back of an online shopping boom, providing a timely boost ahead of a stock market listing expected later this year. An initial public offering (IPO) of the state-owned firm, which has 150,000 staff and sales of 9.15 billion pounds, is expected to value Royal Mail at betwe... [Full Article]
LONDON (AP) - The International Monetary Fund has called on Britain to do more to support the economic recovery, urging the government Wednesday to speed up investment in infrastructure and come up with a plan to privatize its bailed out banks. (Source: Associated Press)... [Full Article]
By Alina Selyukh and Jim Finkle WASHINGTON/BOSTON (Reuters) - Several power utilities say they face a barrage of cyber attacks on their critical systems, a report by two Democratic lawmakers found echoing warnings from the Obama administration that foreign hackers were trying to bring down the U.S. power grid. California Representative Henry Waxman... [Full Article]
By Stanley White and Leika Kihara TOKYO (Reuters) - The Bank of Japan kept policy steady on Wednesday despite concerns over recent volatility in bond market, saying growth is starting to pick up even as risks loomed from an uncertain global outlook. The central bank upgraded its assessment of the economy, saying it "has started picking up,&quo... [Full Article]
SEOUL, South Korea (AP) - North Korea has replaced its hard-line defense minister with a little-known army general, according to a state media report Monday, in what outside analysts call an attempt to install a younger figure meant to solidify leader Kim Jong Un's grip on the powerful military. (Source: Associated Press)... [Full Article]
NEW YORK (Reuters) - Stocks sharply cut gains after climbing as much as 1 percent earlier as investors parsed comments from Federal Reserve Chairman Ben Bernanke, who was speaking before Congress. The Dow Jones industrial average gained 69.11 points, or 0.45 percent, to 15,456.69. The Standard & Poor's 500 Index added 6.24 points, or 0.37 ... [Full Article]
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