GE AND INDIA'S HAL PARTNER ON JET ENGINE MANUFACTURING
■ AI-SUMMARIZED FROM 1 SOURCE ▸ TIMELINE
General Electric and Hindustan Aeronautics Limited (HAL) have signed a technology agreement to jointly manufacture jet engines. The deal marks a first for both companies and supports India's push to modernize its air force and boost domestic weapons production.
■ MORE FROM THE BUSINESS DESK
AT&T now offers customers the ability to build their own wireless plans starting at $15 per month. The entry-level option includes 1GB of data.
American hospitals are increasingly recruiting Filipino nurses for remote monitoring roles to address staffing shortages and reduce costs. The trend, however, is deepening healthcare worker deficits in the Philippines.
Fatima Boolani, Co-Head of US Software Equity Research at Citi, identifies infrastructure software as a key investment area during the current tech sector pullback driven by AI developments.
Swedish investment firm EQT AB is positioning itself to acquire software companies facing funding shortfalls following a broader sector selloff, according to a top EQT dealmaker.