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Joby flexes military muscle with $500 million defense acquisition
Politics

Joby flexes military muscle with $500 million defense acquisition

Joby flight at JFK airport. | Image: The Verge Joby Aviation announced it was acquiring Dayton, Ohio-based defense firm Resonant Sciences in a $500 million deal, in a bid by the electric aircraft company to expand further into the military industrial complex. Joby says it expects to finance the deal with $450 million in cash and $50 million in equity. After the deal closes, which is expected in early 2027, Resonant will continue its existing work as Joby's dedicated defense division, the company said. The commercial division will remain focused on air taxis, the first of which are expected to launch later this year. The deal is the latest example of the fledgling electric aviation in … Read the full story at The Verge.

The Verge•8/11/2026
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Politics

IHG Sees Positive Momentum Continuing in Second Half

Elie Maalouf, chief executive officer at InterContinental Hotels Group Plc, discusses the hotel group's first-half performance, factors contributing to demand and the outlook for the second half. "There's a sense of prosperity," Maalouf tells Bloomberg Television. "And within that sense of prosperity, where people want to spend their time and money is on experiences." (Corrects company name in headline.) (Source: Bloomberg)

Bloomberg•8/11/2026
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Sonangol’s Sebastião Gaspar Martins Joins Angola Oil & Gas (AOG) 2026 as Angola’s Hydrocarbon Strategy Takes Shape
Politics

Sonangol’s Sebastião Gaspar Martins Joins Angola Oil & Gas (AOG) 2026 as Angola’s Hydrocarbon Strategy Takes Shape

LUANDA, Angola, August 11, 2026/APO Group/ — Sebastião Gaspar Martins, Chairman of the Board of Angola’s national oil company (NOC), Sonangol, will speak at the Angola Oil & Gas (AOG) 2026 Conference & Exhibition, taking place in Luanda on September 9-10, with a pre-conference day on September 8. Martins joins the conference as Sonangol advances... This article Sonangol’s Sebastião Gaspar Martins Joins Angola Oil & Gas (AOG) 2026 as Angola’s Hydrocarbon Strategy Takes Shape was originally created by Converseer.

Converseer•8/11/2026
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Guyana’s Local Content Push Gains Momentum Ahead of Caribbean Energy Week (CEW) 2027 Launch in Georgetown
Politics

Guyana’s Local Content Push Gains Momentum Ahead of Caribbean Energy Week (CEW) 2027 Launch in Georgetown

GEORGETOWN, Guyana, August 11, 2026/APO Group/ — Guyana’s rapidly expanding oil and gas industry is entering a new phase, with local content emerging as a central pillar of long-term sector development. As the country advances toward production targets of 1.3 million barrels per day by 2027 and 1.7 million barrels per day by 2030, strengthening... This article Guyana’s Local Content Push Gains Momentum Ahead of Caribbean Energy Week (CEW) 2027 Launch in Georgetown was originally created by Converseer.

Converseer•8/11/2026
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Politics

UstarPay Announces App and Virtual Card First Launch, Supporting USDT Deposits and Real-World Spending

HONG KONG SAR – Media OutReach Newswire – 11 August 2026 – UstarPay, a PayFi infrastructure platform connecting crypto to real-world payments, announced that the UstarPay App and Virtual Card officially launched on July 30, 2026. The initial launch is available to eligible users, enabling them to deposit and spend USDT through a secure and [...] Source from InfoStride News

The InfoStride•8/11/2026
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