European defence stocks surge to record high; China’s Xi holds rare meeting with company leaders – business live
Rolling coverage of the latest economic and financial newsUK firms mull biggest layoffs in a decade as business confidence slumpsThe jump in defence stocks comes as French government minister Manuel Valls warns that Europe is at a turning point in terms of its relations with the United States.That means Europe must do more than ever before to defend Ukraine and boost its defence spending, Valls argues.“We are at a turning point.“This forces us more than ever before to support our defence for Ukraine, and to increase our defence spending budget and to be on the front foot.” Continue reading...
Rolling coverage of the latest economic and financial news
The jump in defence stocks comes as French government minister Manuel Valls warns that Europe is at a turning point in terms of its relations with the United States.
That means Europe must do more than ever before to defend Ukraine and boost its defence spending, Valls argues.
“We are at a turning point.
“This forces us more than ever before to support our defence for Ukraine, and to increase our defence spending budget and to be on the front foot.” Continue reading...
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