Europe defense stocks face rearmament test

After years of surging military budgets, emergency Ukraine spending and soaring defense stocks, Europe’s rearmament push must now prove it can turn hundreds of billions of euros into weapons, factories and usable military capability. The question for investors no longer seems to be one of defense demand or political ambition, but whether valuations have run…

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GoJek co-founder Nadiem Makarim jailed 10 years over Indonesia Chromebook scandal

Indonesian investigators on Thursday named a former education minister and co-founder of Gojek, Nadiem Makarim, a suspect in a corruption case. Bloomberg | Bloomberg | Getty Images An Indonesian corruption court on Tuesday sentenced former Education Minister Nadiem Makarim, a co-founder of ride- hailing and payments giant Gojek, to 10 years in prison for corruption….

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