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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.”...
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...Operating profits rose by 19 per cent to a record €918mn....
...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...
...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....
...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....
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...Joanna Kao Patricia Nilsson covers German industry for the FT. Thanks, Patricia. Patricia Nilsson Thank you....
...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....
...“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....
...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....
...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....
...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....
...“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....
...“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....
...Sales and profits tumbled at BASF last year, as the world’s biggest chemicals group struggled with high energy prices and a slowdown in global demand....
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