Global defense stocks rallied on Thursday, extending gains after U.S. President Donald Trump called for a $1.5 trillion defense budget in 2027. “After the long and difficult negotiations with Senators, Congressmen, Secretaries, and other Political Representatives, I have determined that, for the Good of our Country, especially in these very troubled and dangerous times, our…
Downtown Amsterdam Jacobh | E+ | Getty Images Euro zone inflation stood at 2% in December, flash data from Eurostat showed on Wednesday. Economists polled by Reuters had expected the inflation rate to cool to 2%, in line with the European Central Bank’s (ECB) target. In November, the inflation rate stood at 2.1%. Core inflation,…
This aerial view shows icebergs floating in the waters beaten down by the sun with buildings in the background off Nuuk, Greenland, on March 11, 2025, on the day of Greenland, the autonomous Danish territory, legislative elections. Odd Andersen | Afp | Getty Images European leaders on Tuesday issued a joint statement to push back…
The logo of Japanese company SoftBank Group at the company’s headquarters in Tokyo on November 21, 2025. Kazuhiro Nogi | Afp | Getty Images Shares of data center investment firm DigitalBridge surged as much as 50% in premarket trade on Monday after a media report that Japan’s SoftBank was in advanced talks to acquire the…
Shares in Novo Nordisk surged 6% Tuesday, after the Wegovy maker secured approval of its GLP-1 pill — a world first. The U.S. Food and Drug Administration’s approval of Novo Nordisk’s GLP-1 pill gives the Danish pharmaceutical giant a head start over U.S. rival Eli Lilly. The pill’s starting dose of 1.5 milligrams will be…
Shoppers walk past shops on Regent Street on the final weekday before Christmas in London on December 22, 2023. Henry Nicholls | Afp | Getty Images The U.K.’s inflation rate cooled sharply to 3.2% in November, boosting the chances of the Bank of England cutting interest rates at its final meeting of the year on…
Meta has been hit with an EU antitrust investigation over its use of AI features in WhatsApp, as the European bloc continues to ramp up challenges to US big tech giants. The probe will examine whether Meta’s new policy on allowing AI providers’ access to WhatsApp may breach EU competition rules, Brussels said in a…
A Spirit Airlines Airbus A320 airplane approaches San Diego International Airport for a landing from Las Vegas on May 9, 2025 in San Diego, California. Kevin Carter | Getty Images Shares of European aerospace giant Airbus fell more than 9% on Monday morning, following reports the company has discovered an industrial quality issue regarding dozens…
This photograph shows a general view of Nexperia headquarters in Nijmegen on November 6, 2025. John Thys | Afp | Getty Images Dutch chipmaker Nexperia has publicly called on its China unit to help restore supply chain operations, warning in an open letter that customers across industries are reporting “imminent production outages.” Nexperia’s Dutch unit…
The logo of Puma SE displayed in the window of the flagship store in Berlin, Germany, on Wednesday, March 1, 2023. Puma forecast slower profit growth as new Chief Executive Officer Arne Freundt confronts excess inventory and higher costs for marketing sneakers and apparel. Photographer: Krisztian Bocsi/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty…
