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SANTIAGO, Chile, May 21 (UPI) -- More than $4 billion of cash reserved for Chilean military procurement remains unspent because of mysterious workings of funding arrangements.
MUSCAT, Oman, May 21 (UPI) -- The Persian Gulf sultanate of Oman is set to buy a $2.1 billion missile system built by the U.S. Raytheon Co. as part of a U.S. drive to install a coordinated air-defense system linking the region's Arab monarchies to counter Iran.
KIEV, Ukraine, May 21 (UPI) -- A rocket engine airframe disposal facility was opened in Ukraine Tuesday to destroy RS-22 (SS-24) missile components under the Strategic Arms Reduction Treaty.
SYDNEY, May 21 (UPI) -- If resource-rich developing countries can avoid the "resource curse," they could reduce their dependency on aid, said an Australian government official.
DETROIT, May 21 (UPI) -- A group representing Italian-Americans said an apology from the head of Chrysler and Fiat for use of a derogatory term was "heartfelt."
REDONDO BEACH, Calif., May 21 (UPI) -- Northrop Grumman has been picked by the U.S. Navy in the first development phase of a prototype laser weapon system.
GREENWICH, Conn., May 21 (UPI) -- The top listing among U.S. properties this week is a 12-bedroom colossus in Connecticut priced at $190 million, Realtor.com said.
WASHINGTON, May 21 (UPI) -- The Netherlands is seeking to continue training its F-16 pilots in the United States through a $191 million Foreign Military Sales arrangement.
TAMPA, Fla., May 21 (UPI) -- The chairman and chief executive officer at U.S. financial giant JPMorgan Chase survived a shareholder vote to have his job split in two, vote tallies show.
LONDON, May 21 (UPI) -- Britain's Ministry of Defense has announced the signing of a $22.8 million contract for Hellfire missiles used by its Apache helicopters.
NEW YORK, May 21 (UPI) -- Lawyers for former Goldman Sachs Group Inc. director Rajat Gupta are arguing in New York his insider trading conviction should be overturned.
NEW YORK, May 21 (UPI) -- BlackRock Inc. said Tuesday it would purchase MGPA, an investment group with significant real estate assets in Asia and Europe.
SEOUL, May 21 (UPI) -- South Korea's Doosan DST announced completion of production of an armored combat vehicle for the Indonesian Army.
ROANOKE, Va., May 21 (UPI) -- ITT Exelis has received a $48 million follow-on order from the U.S. Army for enhanced night vision goggles.
LONDON, May 21 (UPI) -- Israel's unmanned aerial vehicle manufacturers are the world's top UAV exporters, garnering $4.62 billion from 2005-12.
STOCKHOLM, Sweden, May 21 (UPI) -- Police in Sweden said they have arrested former Saab Automobile chief executive officer Jan Ake Jonsson on suspicion of concealing funds from tax authorities.
ALMA, Quebec, May 21 (UPI) -- The government of Canada is helping fund the development of a center of excellence for unmanned aerial systems in the province of Quebec.
LONDON, May 21 (UPI) -- The Office for National Statistics in Britain said the annual inflation rate, helped by lower transportation costs, dropped from March to April to 2.4 percent.
WASHINGTON, May 21 (UPI) -- The U.S. government said it was committed to helping Myanmar improve transparency in the management of its natural resources.
NEW YORK, May 21 (UPI) -- Crude oil prices topped $96 in New York Tuesday morning with prices buoyed by a prolonged rally in equities.
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