-9.1 C
Beijing
Tuesday, January 27, 2026

UPS to cut 30,000 jobs and close 24 sites as Amazon volume “glide-down” continues

UPS plans to cut up to 30,000 jobs and close 24 facilities in 2026 as it reduces Amazon delivery volume, even as the company beat earnings estimates and forecast higher revenue for the year.

Wall Street pushes S&P 500 toward 7,000 while Dow falls as healthcare stocks tumble

Wall Street lifted the S&P 500 to a record and closer to 7,000 as earnings rolled in and the Fed meeting began, while the Dow slipped after health insurers sank on Medicare Advantage news.

Tesla stock in focus ahead of results as Wall Street debates growth vs profitability

Tesla is set for a key earnings test as investors watch margins, demand and pricing strategy, with the results expected to influence sentiment across the EV and tech markets.

Pakistan Explores Defense Pact with Bangladesh, JF-17 Jet Sale on the Horizon

WorldAsiaPakistan Explores Defense Pact with Bangladesh, JF-17 Jet Sale on the Horizon

Pakistan is reportedly considering a significant defense agreement with Bangladesh, a move that could include the potential sale of its advanced JF-17 fighter jets. This development signals a deepening of military ties between the two South Asian nations, with implications for regional security and defense industries.

Deepening Defense Ties

The proposed defense agreement between Pakistan and Bangladesh is seen as a strategic step to bolster bilateral relations. While details remain scarce, the inclusion of JF-17 jets, co-developed by Pakistan and China, suggests a focus on modernizing Bangladesh’s air force capabilities. Such a deal would not only provide Bangladesh with advanced aerial assets but also represent a significant export success for Pakistan’s defense manufacturing sector.

Regional Implications

Any significant defense cooperation between Pakistan and Bangladesh could have ripple effects across South Asia. The introduction of JF-17 jets into Bangladesh’s military inventory might influence the regional balance of power. Both nations have historically navigated complex geopolitical landscapes, and this potential agreement underscores a desire for enhanced self-reliance and strategic partnerships within the region.

Economic and Strategic Benefits

For Pakistan, a successful sale of the JF-17 jets would provide a substantial economic boost and enhance its reputation as a defense exporter. For Bangladesh, acquiring these modern fighter jets could significantly upgrade its defense posture, offering a cost-effective solution compared to options from other major global suppliers. The agreement, if finalized, would likely be a multi-year undertaking, involving training, maintenance, and logistical support.

Check out our other content

Check out other tags:

Most Popular Articles