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Showing posts with the label Reuters

France's DCNS, builder of Australia's new submarines, suffers huge data leak

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The leak contains more than 22,000 pages outlining the secret combat capability of six submarines that DCNS has designed for the Indian Navy. File photo of Malaysia's first submarine, "KD Tunku Abdul Rahman", a Scorpene-class diesel-electric submarine, docks in Port Klang outside Kuala Lumpur September 3, 2009. REUTERS/Bazuki Muhammad/Files The French shipbuilder which earlier this year won a A$50 billion ($38.06 billion) contract to build Australia's next generation of   submarines   has suffered a massive data leak, raising doubts about the security of one of the world's biggest defence projects. France's DCNS Group beat out Germany's ThyssenKrupp AG and a Japanese-government backed bid by Mitsubishi Heavy Industries and Kawasaki Heavy Industries, in a blow to Japanese Prime Minister Shinzo Abe's push to develop defence export capabilities as part of a more muscular security agenda. The leak, which was first reported in The Australian o...

India cuts RBI governor shortlist to four, officials say

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India cuts RBI governor shortlist to four, officials say By Douglas Busvine and Rupam Jain NEW   DELHI   (Reuters) - The government has narrowed down its list of candidates to become the next   governor   of the Reserve Bank of   India   to four, a senior government official told Reuters. A new Monetary Policy Committee also will be chosen soon, the official said. The moves seek to ensure policy continuity after   RBI   chief Raghuram Rajan shocked markets 10 days ago when he announced he would not seek reappointment in September. The failure of negotiations on his possible return had sparked fears that Rajan's departure could put at risk the inflation-targeting central banker's gains in stabilising Asia's third-largest economy over the past three years. Sending a reassuring message to markets, the official said that the list of candidates to replace Rajan had been whittled down to four - three of them central bank veterans, with t...