Latest in Rheinmetall Targets $21.2 Billion in Sales by 2027 as Western Defense Budgets Rise
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Rheinmetall Targets $21.2 Billion in Sales by 2027 as Western Defense Budgets Rise
The arms maker forecasts $21.2 billion in sales over the next three years amid higher defense spending in western markets.Business - The Wall Street Journal - 6 hours ago -
Rivian-Volkswagen joint venture deal rises to up to $5.8 billion, VW cars expected as early as 2027
The companies said the deal is now up to $5.8 billion, with the first VW models to use Rivian's software and electrical architecture arriving as early as 2027.Business - CNBC - 6 days ago -
US approves $2B in arms sales to Taiwan including advanced missile defense system
The United States has approved $2 billion in arms sales to Taiwan, including the delivery for the first time to the island of an advanced surface-to-air missile defense systemWorld - ABC News - October 26 -
Rheinmetall Posts Soaring Sales, Shrugs off Political Instability Concerns
The German arms maker posted a 39.5% increase in sales, as it consolidated its place as one of Europe’s main ammunition and weapon suppliers.Business - The Wall Street Journal - November 7 -
UK borrowing rises ahead of Budget
Official data shows borrowing - the difference between spending and tax take - reached £16.6bn last month.Top stories - BBC News - October 22 -
Russian sales of Chinese cars surge after western sanctions hit
Purchases of vehicles from Asian nation’s automakers reach fresh records as Russians ‘vote with their wallets’World - Financial Times - 4 days ago -
Dozens Of Cool Lego Sets Are On Sale At Target This Week
If you're looking for something fun to do on cold autumn and winter nights that doesn't involve a screen, dozens of Lego sets are on sale at Target right now. Building sets based on Batman, ...Tech - GameSpot - October 21 -
GSK cuts vaccine sales target on reduced demand
U.K. drugmaker GSK on Wednesday cut its vaccine sales guidance for the year after what it called lower-than-expected demand.Business - MarketWatch - October 30 -
UK Budget as it happened: Rachel Reeves raises tax, spending and borrowing
Taxes rise as chancellor delivers the first Labour budget since 2010Business - Financial Times - October 30 -
Workers warned Budget tax rises will hit their wages
Economists say tax rises in the Budget will mean employers have less to give as pay rises.Top stories - BBC News - October 31 -
How many farms will be affected by Budget tax rises?
Estimates of the number of farms affected range from 100 to 70,000.Top stories - BBC News - 7 hours ago -
Hermes Sales Rise 11% Despite Luxury Slowdown
Hermes reported a rise in sales for the third quarter but looking ahead, it cautioned about global economic, geopolitical and monetary uncertainties.Business - The Wall Street Journal - October 24 -
Henkel Backs Guidance After Sales Rise
The German chemical and consumer-goods company, which owns brands including Persil and Schwarzkopf, reported higher sales and backed expectations for the year.Business - The Wall Street Journal - November 6 -
Pandora Narrows Sales View as Revenue Rises
The Danish jeweler now sees 2024 sales coming in toward the high end of its previous forecast despite a sluggish environment for luxury goods.Business - The Wall Street Journal - November 6 -
QinetiQ Eyes U.S. Expansion Amid Higher Defense Budgets
The London-listed company is planning to expand in the U.S. as the country ramps up defense spending, its chief executive said after the company posted revenue above expectations.Business - The Wall Street Journal - 5 days ago -
Saab Sees Sales at Upper End of Guidance as Defense Spending Surges
The Swedish defense company said demand remained high across its business units, but it noted significant strength in its dynamics division, which produces equipment such as ground combat weapons ...Business - The Wall Street Journal - October 22 -
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UK Budget: Labour Party to Raise Taxes by 40 Billion Pounds
Rachel Reeves, the finance minister, announced substantial tax increases in her first budget as she sought to strengthen public finances and services.Business - The New York Times - October 30 -
The Budget Hawk Atop a Tech Giant's $64 Billion Spending Spree
Amy Hood is at the center of Microsoft’s bet-the-company dive into AI.Tech - The Wall Street Journal - November 1 -
Brussels to free up billions of euros for defence and security from EU budget
Policy shift will allow the bloc’s capitals to redirect ‘cohesion funds’ amid Ukraine conflict and Trump victoryBusiness - Financial Times - November 11 -
G.M.’s Electric Vehicle Sales Surge as Ford Loses Billions
Ford is struggling to make money on battery-powered models while General Motors, which started more slowly, says it is getting close to that goal.Business - The New York Times - October 30 -
The UK and Germany Agree on New Defense Pact as Russia Threat Rises
The two governments said they will coordinate more on defense, with British and German troops conducting joint military exercises on NATO’s eastern border.World - The New York Times - October 22 -
Japan and EU announce a security and defense partnership as regional tensions rise
Japan and the European Union have announced a security and defense partnership as they seek to step up military ties, including joint exercises and exchanges between their defense industries, amid ...World - ABC News - November 1 -
Target-Exclusive Disney Villain Icons Lego Set Is On Sale For A Limited Time
Target's current batch of early Black Friday Lego deals includes the very cool Disney Villain Icons display model commemorating Disney's 100th anniversary. Exclusive to Target and the Lego Store, ...Tech - GameSpot - Yesterday -
UK to slash overseas aid in Budget as asylum seeker costs rise
International development organisations warn country’s contribution could slump to its lowest level in 17 yearsBusiness - Financial Times - October 22 -
Rachel Reeves aims to raise up to £20bn from national insurance rise
Employers’ contributions set to increase by 2 percentage points in next week’s BudgetBusiness - Financial Times - October 26 -
Budget watchdog will break impartiality, claims Hunt
The former chancellor says the publication of a review which could criticise the Conservatives on Budget day would "cross a line".Top stories - BBC News - October 28 -
Starmer does not rule out further tax rises after Budget
UK prime minister says government plan to borrow more for investment will not push up interest ratesBusiness - Financial Times - October 28 -
Iran’s defence budget set to soar as regional tensions rise
Recommendation to parliament for substantial increase in military spending comes after recent exchange of fire with IsraelWorld - Financial Times - October 29 -
U.K. borrowing costs rise in volatile trade after budget delivered
U.K. government bond yields were volatile on Wednesday as traders initially welcomed news that the government would prioritize tax rises ahead of increased borrowing as it strives to fill a fiscal ...Business - MarketWatch - October 30 -
Barclays’ chief defends Reeves as business criticises Budget tax rises
Retail and hospitality bosses warn UK chancellor that national insurance changes will lead to job lossesBusiness - Financial Times - October 31