WARSAW (Reuters) – Polish defence company WB Electronics and South Korea’s Hanwha Aerospace have signed an agreement to form a joint venture producing missiles in Poland, the Polish defence ministry said on Tuesday. South Korea has emerged as a key supplier of military equipment to Poland as Warsaw looks to develop defence production capacity at …
South Korea’s Hanwha Aerospace to produce missiles in Poland Read More »
By Raphael Satter BALTIMORE, Maryland (Reuters) – A New York attorney has accused a British private intelligence firm of paying mercenary hackers who he says tipped a court battle in his opponents’ favor. In a legal motion filed Thursday in Manhattan federal court, Daniel Feldman accused the London-based investigations firm Vantage Intelligence of paying …
US lawyer says UK intel firm paid for hack operation against him Read More »
By Shashwat Awasthi and Chandini Monnappa (Reuters) -British banknote printer De La Rue on Tuesday backed a $347 million takeover bid by U.S. buyout firm Atlas Holdings, offering a 16% premium over Monday’s closing price, and snubbed a higher, preliminary offer from financier Edi Truell. Atlas has proposed an all-cash 130 pence-per-share offer for De …
Banknote printer De La Rue backs $347 million offer from U.S. firm Atlas Read More »
WARSAW (Reuters) – Poland must put its own interests first during an era when “naive globalisation” is ending, Prime Minister Donald Tusk said on Tuesday in a speech that also sent energy stocks tumbling as he called for cheap power to take priority over profits. European countries including Poland are looking to protect their interests …
Tusk puts Poland first but comments on energy profits hit stocks Read More »
BERLIN (Reuters) – German auditors see scope for 30 billion euros ($33.95 billion) in savings if the government were to rein in tax concessions, a federal institute said on Tuesday. “Of course, this also requires a certain amount of courage to take responsibility here,” said Kay Scheller, president of the Bundesrechnungshof, Germany’s federal audit institute. …
German auditors see 30 billion euros in potential savings on tax concessions Read More »
By Michel Rose and Elizabeth Pineau PARIS (Reuters) – France urgently needs to reduce its budget deficit to confront a “tsunami of destabilisation” that includes a bellicose Russia and a trade war triggered by U.S. President Donald Trump, Prime Minister Francois Bayrou said on Tuesday. The upheaval caused by Trump’s tariffs and his decision to …
Bayrou cites Trump “hurricane” as he calls on France to fix public finances Read More »
ATHENS (Reuters) – Greece’s economy is expected to grow by 2.2% this year, slightly lower than initially projected, due to the expected impact of U.S. tariffs on Europe, think tank IOBE said on Tuesday. The Foundation of Economic and Industrial Research (IOBE) had forecasted growth of 2.4% in January. “The escalation of the trade war …
Think tank lowers Greek growth projection to 2.2% in 2025, due to US tariffs Read More »
HAMBURG (Reuters) – Rain in past days has slightly raised Rhine river water levels in Germany, but improvements were moderate and vessels are still sailing considerably less than half full, commodity traders said on Tuesday. “Water levels have only risen by a few centimetres and more rain is urgently needed,” one commodity trader said. “Problems …
Rain helps Rhine shipping but river level still too low Read More »
By Gilles Guillaume and Giulio Piovaccari PARIS/MILAN (Reuters) – French-Italian carmaker Stellantis has reduced its shortlist of CEO candidates to five, said two people familiar with the matter, as it nears a decision on who will lead the company through one of the industry’s most tumultuous periods. Investors are likely to seek an update on …
Stellantis closing in on new CEO with shortlist of five candidates, sources say Read More »
By America Hernandez PARIS – France’s TotalEnergies has signed an agreement to supply 0.4 million tons of liquefied natural gas (LNG) annually to Energia Natural Dominicana (Enadom) to power a future electricity plant, part of the Dominican Republic’s plan to rely less on fuel oil and coal. The deal is set to begin in mid-2027 …
TotalEnergies to supply gas plant in Dominican Republic for 15 years Read More »
