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US and European stocks advance

US and European stock markets advanced Friday as traders shrugged off disappointment over China’s latest boosts to its beleaguered economy and reacted to political and business developments.Wall Street stocks opened higher, rebounding from losses following concerning inflation data.Shares in semiconductor manufacturer Broadcom jumped more than 19 percent on AI growth prospects and upscale home furnishing …

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UK, Italy, Japan to develop next-generation fighter jet

The UK, Italy and Japan on Friday launched a joint venture to develop a supersonic next-generation fighter jet by 2035, replacing the Eurofighter Typhoon.Britain’s BAE Systems, Italy’s Leonardo and Japan Aircraft Industrial Enhancement Co Ltd (JAIEC) will each hold a 33.3 percent share in the new venture, “marking a pivotal moment for the international aerospace …

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UK, Italy, Japan to develop next-generation fighter jet

The UK, Italy and Japan on Friday launched a joint venture to develop a supersonic next-generation fighter jet by 2035, replacing the Eurofighter Typhoon.Britain’s BAE Systems, Italy’s Leonardo and Japan Aircraft Industrial Enhancement Co Ltd (JAIEC) will each hold a 33.3 percent share in the new venture, “marking a pivotal moment for the international aerospace …

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