UK and US Announce AI-Focused Economic Deal as Starmer Tours Palantir British Prime Minister Keir Starmer toured Palantir Technologies in Washington, D.C., on Thursday (February 27) after announcing a new UK-US economic agreement with artificial intelligence (AI) at its core. Strengthening UK-US Economic Ties During a joint press conference at the White House, Starmer and US President Donald Trump emphasised the deal’s potential to enhance the already strong trading relationship between the two nations. Standing alongside Starmer, Trump suggested that the outlines of a broader trade agreement between the UK and the US could be reached “very shortly.” AI and…
Author: StratNewsGlobal Tech Team
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Dollar Firms Amid Rising Treasury Yields The U.S. dollar gained strength as Bitcoin struggled in early Asian trading on Thursday as Treasury yields edged higher. Investors closely monitored economic indicators and trade policy developments under President Donald Trump. The dollar and U.S. yields have been under pressure in recent weeks due to weaker economic data and concerns about the impact of potential tariffs. Traders are increasingly betting on Federal Reserve interest rate cuts, with expectations of two quarter-point reductions this year—one likely in July and another as early as October. U.S. two-year Treasury yields rose to 4.09%, recovering from a…
SpaceX Falcon 9 Carries NASA’s Lunar Orbiter into Space NASA successfully launched its Lunar Trailblazer satellite on Wednesday, February 26, from Florida. A SpaceX Falcon 9 rocket lifted off from Kennedy Space Center in Cape Canaveral, carrying the small satellite as a secondary payload. The primary payload on the rocket was a lunar lander mission led by Intuitive Machines. The Lunar Trailblazer, built by Lockheed Martin’s space division, aims to locate and map water on the moon’s surface. Scientists believe that water could exist in permanently shadowed regions, particularly in deep craters at the lunar poles. Understanding the Moon’s Water…
Jeff Shockey Returns as Boeing Faces Scrutiny in Washington Boeing has named Jeff Shockey as its new head of government affairs, the company announced on Thursday. His appointment comes at a critical time as the U.S. planemaker faces regulatory scrutiny, potential new tariffs, and criticism from former President Donald Trump over delays in Air Force One deliveries. Shockey, who previously worked as a Boeing lobbyist, returns after serving as the head of global government relations at RTX, formerly Raytheon. His experience also includes leading sales and marketing efforts for Boeing Defense, Space & Security and working as a U.S. House…
Adani Group Competes to Take Over India’s Small Satellite Launch Vehicle Indian conglomerate Adani Group is among three finalists bidding for the private production of India’s Small Satellite Launch Vehicle (SSLV), alongside two government-linked companies, according to three sources familiar with the matter. India’s Push for Commercial Space Expansion The SSLV, developed by the Indian Space Research Organisation (ISRO), is a cost-effective rocket designed to launch satellites weighing up to 500 kg (1,100 pounds) into low-Earth orbit (LEO). This segment of the market is highly sought after, given the increasing demand for small satellite deployments. Following the SSLV’s first successful…
China Targets U.S. Businesses with New Measures Amid Trade Tensions China targets U.S. announcing a series of retaliatory actions against U.S. businesses, including Google, farm equipment manufacturers, and the owner of Calvin Klein. The move comes shortly after new U.S. tariffs on Chinese goods took effect, escalating tensions between the two largest economies. Google Under Investigation for Alleged Monopoly Practices China’s State Administration for Market Regulation (SAMR) stated that Google is suspected of violating the country’s anti-monopoly laws. An official investigation has been launched, but authorities have not disclosed specific details or allegations against the tech giant. Google’s search engine…
Blackstone Stands Firm on Data Center Investments Amid AI Disruption Blackstone has reaffirmed its confidence in data center investments despite concerns over China’s DeepSeek, a low-cost artificial intelligence (AI) model. The alternative asset manager, which holds $80 billion worth of leased data centers, stressed that physical infrastructure remains essential for AI development. The company described its approach as “very prudent” and highlighted strong partnerships with leading global firms. Data centers are critical for storing, processing, and analyzing vast amounts of data, making them indispensable for AI training and operations. AI Boom Expected to Boost Data Center Demand The growing adoption…
NASA Sticks to Plan for Astronauts’ Return Amid Trump’s Call for Speedier Retrieval NASA sticks to SpaceX plan to return two astronauts from the International Space Station (ISS) with SpaceX, despite former President Donald Trump urging a quicker retrieval. The agency stated on Wednesday that SpaceX would bring NASA astronauts Butch Wilmore and Suni Williams back to Earth “as soon as practical.” Trump had called for an immediate return on Tuesday, suggesting that the Biden administration had “abandoned” the astronauts. However, NASA clarified that Wilmore and Williams had been scheduled to return on a SpaceX Crew Dragon capsule since August.…
Bridging Tech Gaps: Cyronics Innovation Labs ESM System Strengthens Indian Army’s Electronic Warfare Arsenal Pune-based Cyronics Innovation Labs has unveiled a fully indigenous Remote ESM and DF System, a breakthrough in electronic warfare technology designed for the Indian Army. In a significant step toward strengthening India’s self-reliance in defence technology, Cyronics Innovation Labs has developed the Remote ESM (Electronic Support Measures) and DF (Direction Finding) System. This advanced, fully indigenous system positions India at the forefront of electronic warfare innovation and aligns with the nation’s strategic ‘Atmanirbhar Bharat’ vision. Cutting-Edge Technology for Modern Warfare Modern battlefields demand sophisticated solutions, and…
Indian Army Contracts Odisha Startup IG Drones for Advanced Indigenous Drone Technology In a move that underscores the rapid advancements in India’s drone technology sector, Odisha-based tech startup IG Drones has secured a contract with the Indian Army to supply advanced drone systems. The collaboration highlights the growing importance of cutting-edge, domestically developed technologies in strengthening national security while addressing the critical need to eliminate foreign, particularly Chinese, components from defence systems. Next-Gen Drone Technology at the Forefront The contract focuses on delivering two advanced drone platforms: VTOL (Vertical Take-Off and Landing) drones and FPV (First-Person View) drones. Both systems…