The meetings in Manila kicked off under a cloud on Tuesday after the latest in a series of clashes between China and host country the Philippines took place in the disputed South China Sea.
Hegseth said the supplemental war funding is an "urgent, necessary" injection of money, and with President Donald Trump's proposed $1.5 trillion defense budget a generational investment in the militar ...
Companies with high exposure to crude oil, natural gas, imported inputs and logistics are expected to bear the brunt. Airlines are likely to report the steepest hit, with operating margins shrinking b ...