The CEO of German defense giant, Rheinmetall, says there is huge demand for air defense systems and ammunition, as wars in the Middle East and Ukraine drag on. Armin Papperger also discussed Germany's plans to scale up defense spending, and backed President Donald Trump's call for Europe to do more to defend itself. (Source: Bloomberg)
The CEO of German defense giant, Rheinmetall, says there is huge demand for air defense systems and ammunition, as wars in the Middle East and Ukraine drag on. Armin Papperger also discussed Germany's plans to scale up defense spending, and backed President Donald Trump's call for Europe to do more to defend itself. (Source: Bloomberg)
The government has taken equity stakes in eight public companies since January 2025. Five have outperformed the S&P 500 since the deals were announced.
The government has taken equity stakes in eight public companies since January 2025. Five have outperformed the S&P 500 since the deals were announced.
(RTTNews) - IAG (BAY.L, IAG.L, INR.DE, IAG.MC) reported that its first quarter profit after tax increased to 301 million euros from 176 million euros, prior year. Basic earnings per share, in euro cents, was 6.5 compared to 3.7. Operating profit before exceptional items was 351 m
(RTTNews) - IAG (BAY.L, IAG.L, INR.DE, IAG.MC) reported that its first quarter profit after tax increased to 301 million euros from 176 million euros, prior year. Basic earnings per share, in euro cents, was 6.5 compared to 3.7. Operating profit before exceptional items was 351 m
Rolling coverage of the latest economic and financial news Across the UK, house prices are rising faster in the north of the country, and falling parts of the South. Halifax reports: Northern Ireland still leads UK annual house price growth, with average prices up +7.6% over the past year to £224,851. Scotland also recorded strong growth, rising +4.0% annually to an average price of £222,448. Wale...
Rolling coverage of the latest economic and financial news Across the UK, house prices are rising faster in the north of the country, and falling parts of the South. Halifax reports: Northern Ireland still leads UK annual house price growth, with average prices up +7.6% over the past year to £224,851. Scotland also recorded strong growth, rising +4.0% annually to an average price of £222,448. Wales has seen property price growth continue to slow, now +0.7% on annual basis, taking the typical home value to £230,952. The North East of England saw prices rise +4.5% over the year to £183,445, while the North West recorded annual growth of +3.4%, with the average home now costing £248,945. By contrast, the southern markets continue to see prices fall. The South East led declines, with prices down -2.0% year‑on‑year to £383,044, while London saw average values fall by - 1.4% to £536,051. “After a strong start to the year, recent global developments have added a greater degree of uncertainty to the outlook. In particular, higher energy prices have fed into inflation expectations, prompting markets to reassess the path for interest rates – a shift that has already pushed up borrowing costs for many buyers. “This understandably leads to more caution among some households, with the cost-of-living once again front of mind and extra thought being given to planned property moves. Continue reading...
Japanese police have arrested a bus driver on suspicion of negligent driving after a crash on a Fukushima expressway killed a high school student on Wednesday, as investigators look into whether he was speeding and driving without the proper license required to carry passengers for hire. On Friday morning, Fukushima prefectural police searched bus operator Kanbara Tetsudo in Gosen, Niigata prefect...
Japanese police have arrested a bus driver on suspicion of negligent driving after a crash on a Fukushima expressway killed a high school student on Wednesday, as investigators look into whether he was speeding and driving without the proper license required to carry passengers for hire. On Friday morning, Fukushima prefectural police searched bus operator Kanbara Tetsudo in Gosen, Niigata prefecture. The arrested driver, Tetsuo Wakayama, 68, told investigators after his arrest on Thursday that...