An Australian supply chain worker based in Melbourne may have forgotten about an email he wrote two years ago if not seeing the news of the Australian federal government “riddled with CCP spyware.” The email was sent to the Royal Automobile Club of Victoria (RACV), one of Australia’s largest motoring clubs, which offers a range…

An Australian supply chain worker based in Melbourne may have forgotten about an email he wrote two years ago if not seeing the news of the Australian federal government “riddled with CCP spyware.” The email was sent to the Royal Automobile Club of Victoria (RACV), one of Australia’s largest motoring clubs, which offers a range…

The Pentagon said on Sept 7 that it has halted deliveries of fifth-generation F-35 fighter jets after a component used in the plane’s engine was found to be sourced from China. U.S. Defense giant Lockheed Martin, the company making the F-35s, said the component is a magnet on the plane’s turbomachine pumps manufactured by U.S….

Honeywell International Inc. on Friday cut its full-year sales forecast, as global supply chain disruptions cause a shortage of parts and components for the U.S. industrial conglomerate. Closed ports due to a resurgence of COVID-19 cases in Asia, aggravated by the fast-spreading Delta variant, and labor shortages have strained global supply chains as well as…

Honeywell International Inc. on Sunday raised its outlook for business jet deliveries, as the aviation sector shakes off the effects of the COVID-19 pandemic and travel picks up with easing restrictions. The U.S. industrial conglomerate forecast up to 7,400 new business jet deliveries worth $238 billion from 2022 to 2031, up 1 percent from the…

General Motors releases first-quarter profits — shattering estimates, despite the global chip shortage that impacted most major carmakers. A major US manufacturer has to pay a multi-million dollar settlement, for exporting technology to China. What did it send? Hackers make off with $30 million in cryptocurrency. NTD takes a look at how it happened and…

Honeywell was fined $13 million for allegedly exporting sensitive data to several countries including China, without obtaining proper authorization, the Department of State announced on Monday. The State Department‘s spokesperson said in a statement that it concluded a settlement with Honeywell International to resolve alleged violations of export rules when the company exported and retransferred technical information…