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...“A big task for the next US president will be to bring the two parties more together. It’s bad if the biggest economy in the world — and the biggest defence power — is a split nation.”...
...The missile is also powered by a turbofan engine, which blows in more air, giving it a longer range than the turbojet engine-powered Storm Shadow/Scalp-EG missiles....
...“I also think that it is a good idea to have a European solution similar to Iron Dome and beyond,” he told the Financial Times....
...“For a lot of years, it wasn’t obvious that it would work out — it was a very long overnight success story.”...
...The new eight-part Netflix series — like Anthony Minghella’s 1999 film, The Talented Mr Ripley — is based on Patricia Highsmith’s novel about a chameleonic conman....
...Women on Porn by Fiona Vera-Gray Torva £18.99, 320 pages Porn: An Oral History by Polly Barton Fitzcarraldo £13.99, 368 pages Patricia Nilsson is the FT’s Frankfurt correspondent and is writing a book...
...Operating profits rose by 19 per cent to a record €918mn....
...Tesla has paused production and evacuated its only European car manufacturing plant after a suspected arson attack on a nearby electricity pylon caused widespread power cuts....
...The results cap a mixed set of earnings for Europe’s three leading long-haul airline groups, which have all profited from a travel boom over the past 12 months....
...Porsche warned that its profits would be squeezed this year as the luxury sports-car maker prepares for a costly launch of new models, including a hybrid version of its 911....
...The world’s largest maker of artillery ammunition on Thursday said 2024 sales were expected to reach a record €10bn, compared with the €7.2bn it booked in 2023....
...Joanna Kao Patricia Nilsson covers German industry for the FT. Thanks, Patricia. Patricia Nilsson Thank you....
...“We are without doubt facing a time in Europe when we cannot be cowardly,” he said in a recent speech in Prague....
...Chief financial officer Arno Antlitz said it was “so difficult to make money in such a segment”....
...Cotton linters, a byproduct and a primary ingredient needed to produce nitrocellulose, are used in artillery shells and other explosives....
...A €200mn impairment in its steel business, as a result of high interest rates hitting capital costs, prompted the company to abandon its previous forecast of a full-year net income “in the low to mid three-digit...
...The hostilities prompted German chancellor Olaf Scholz to announce a historic reversal of the country’s decades-long pacifist policies....
...It has also been under pressure to reduce debts that it amassed partly because of a 2005 investment in a Brazilian steelmaking business that cost the company €8bn in losses....
...My home town is famous for its jun porcelain — a very old type that stems from the Song dynasty about 1,000 years ago and is known for changing colour when heated in a kiln....
...Europe’s largest copper producer Aurubis has dismissed three of its top management, including the chief executive, following a scandal involving a string of metal thefts....
...The group reported a 21 per cent drop in sales to €68.9bn and a 29 per cent fall in earnings before taxes, interest, depreciation and amortisation and special items, to €7.7bn....
...“After 1933, there was a time when the economic and social elite could still have taken a position against the course of the Nazi regime,” the former Siemens chief executive said....
...“That’s a lot,” she says....
...“Our teams delivered a positive earnings contribution in all significant countries — with the exception of Germany,” said chief executive Martin Brudermüller....
...BASF has also announced a permanent downsizing of its plant in Ludwigshafen, instead doubling down on a big bet on China, where it is currently building a €10bn state-of-the-art petrochemicals plant....
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