Vietnam seeks to boost domestic defence industry as it hosts arms fair

Vietnam showcases its local weapons industry at an international arms fair, aiming to enhance defense capabilities and promote exports amidst diverse global participants, including rivals.

Space firms plot new European satellite venture to take on Starlink as job cuts loom

Airbus, Thales, and Leonardo are planning a joint venture, Project Bromo, to compete with Starlink, amidst industry job cuts and challenges in the satellite sector.

Jefferies flags 7 key themes amid European Commission's 5-year policy priorities

Thales shares drop as Serious Fraud Office launches bribery probe

STOXX 600 hits one-week high on tech boost, eyes weekly gains

France stocks lower at close of trade; CAC 40 down 0.67%

France's stock market fell, led by Consumer Goods, Oil & Gas, and Financials, with notable gains from EssilorLuxottica. The CAC 40 and SBF 120 indices both declined.

Europe space industry needs consolidation, Airbus CEO says

Airbus CEO calls for restructuring in Europe's space industry to compete with U.S. and Chinese firms, emphasizing defense collaboration among European countries amid rising threats.

Airbus CEO says SpaceX would not pass anti-trust test in Europe

Airbus raises anti-trust concerns about SpaceX's market dominance in Europe. CEO Faury suggests Europe must adapt or risk obsolescence in the competitive aerospace sector.

France stocks higher at close of trade; CAC 40 up 0.76%

France stocks closed higher led by Consumer Goods, Technology, and Services, with CAC 40 up 0.76% and SBF 120 up 0.77%. Commodity prices rose in late trading.

France stocks lower at close of trade; CAC 40 down 0.50%

France's stock market declined, led by losses in tech and consumer goods. EssilorLuxottica reached highs, while STMicroelectronics dropped to lows. Commodities mixed, currencies stable.