US companies left out of defence stock rally amid Trump’s Pentagon cuts

Fears over spending come as European groups’ shares soar on White House’s threat to cut support for region’s security

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Trump’s Rift With Europe Adds Fuel to a Rally in Defense Stocks

A flurry of trading has helped push the Pan-European Stoxx 600 index to a record high as investors expect Europe’s governments to increase military spending.
The New York Times - 6d
Trump Fires Joint Chiefs Chairman Amid Flurry of Dismissals at Pentagon

The decision to fire Gen. Charles Q. Brown Jr., a four-star fighter pilot, upends a tradition in which the Joint Chiefs chairman traditionally remains in place as administrations change.
The New York Times - 2d
EU and UK in talks about Europe-wide defence funding amid fear of US pullback

Donald Trump’s re-engagement with Russia has given new urgency to European discussions
Financial Times - 13h
US stocks dip amid concerns over tariffs and consumer belt-tightening

All three major stock indexes moved decisively lower, extending sell-off in wake of dour economic reports. US stocks tumbled on Friday, extending a sell-off in the wake of dour economic reports and ...
The Guardian - 3d
Trump's birthright order to remain blocked; Pentagon to cut $50B

The Pentagon is in the cost-cutting crosshairs of Elon Musk's Department of Government Efficiency as Secretary of Defense Pete Hegseth orders officials to find $50 billion in cuts to the defense ...
NBC News - 4d
Trump fires top US military officer in Pentagon shake-up

President removes CQ Brown and other senior leaders who he blames for pushing diversity, equity and inclusion policies
Financial Times - 3d
Donald Trump halting anti-bribery laws will harm, not help US companies

President’s order means a race to the bottom rigged against US, argues anti-corruption watchdog Transparency International. Bribery is not a victimless crime. Stories listing the amount paid or the ...
The Guardian - 3d
Trump administration pushes on with government cuts amid some signs of pushback

NBC News White House Correspondent Yamiche Alcindor and NBC News Capitol Hill Correspondent Melanie Zanona report on new firings in the federal government as some House Republicans are confronted ...
NBC News - 3d
Debt and defence headache for Merz after AfD and far left make gains

Election winner could struggle to reform strict borrowing rules due to opposition in next parliament
Financial Times - 1d

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