German arms giant reports booming sales and profits

RT (Russia Today)•Thursday, November 6, 2025 at 8:13:38 PM

German arms giant reports booming sales and profits

German arms manufacturer Rheinmetall has announced a remarkable 20% increase in revenue compared to last year, largely fueled by exports to Ukraine and a significant rise in defense spending across the EU. This surge in sales not only highlights the growing demand for military equipment in the current geopolitical climate but also underscores the company's pivotal role in supporting defense initiatives in Europe. As nations prioritize security, Rheinmetall's success reflects broader trends in the defense industry, making it a key player in shaping future military capabilities.

— via World Pulse Now AI Editorial System

Read Original

Was this article worth reading? Share it

Recommended Readings

Bloomberg10 hours ago

KKR Credit Fuels Best Fundraising in Four Years as Profits Rise

PositiveFinancial Markets

KKR & Co. has achieved its best fundraising quarter in over four years, thanks to a surge in demand for its credit products. This impressive performance not only highlights the company's strong market position but also reflects a broader trend in the financial sector where investors are increasingly seeking credit opportunities. With earnings surpassing Wall Street expectations, KKR's success is a positive indicator for the investment landscape, suggesting confidence in credit markets and potential growth ahead.

Read full article

via Bloomberg

The Wall Street Journal14 hours ago

German Exports Climbed in September on U.S. Trade Deal

PositiveFinancial Markets

In September, German exports saw a boost thanks to a new trade deal with the U.S., highlighting the importance of international agreements in stimulating economic growth. While exports to the U.S. increased, it's worth noting that they are still down 14% compared to last year, indicating ongoing challenges in the global market. This development is significant as it reflects the potential for recovery and the impact of trade relations on Germany's economy.

Read full article

via The Wall Street Journal

Investing.com14 hours ago

Vodafone and AST SpaceMobile to build EU satellite network with German hub

PositiveFinancial Markets

Vodafone and AST SpaceMobile are teaming up to create a new satellite network in the EU, with a central hub located in Germany. This partnership is significant as it aims to enhance mobile connectivity across Europe, especially in remote areas where traditional networks struggle. By leveraging satellite technology, they hope to provide reliable communication services to millions, marking a major step forward in bridging the digital divide.

Read full article

via Investing.com

Financial Times16 hours ago

EU weighs pausing parts of landmark AI act in face of US and Big Tech pressure

NeutralFinancial Markets

The European Union is considering pausing certain aspects of its landmark AI act due to pressure from the United States and major tech companies. This move aims to make the EU more competitive in the digital landscape, reflecting the ongoing tension between regulatory frameworks and innovation. As the EU navigates these challenges, the decision could significantly impact the future of AI governance and the balance of power in the tech industry.

Read full article

via Financial Times

Financial Times16 hours ago

EU demands UK pay into budget as part of relationship ‘reset’

NegativeFinancial Markets

Tensions are escalating between the UK and the EU as the European Union demands that the UK contribute to its budget, marking a significant shift in their relationship just six months after a summit aimed at strengthening ties. This development is crucial as it highlights the ongoing challenges in post-Brexit negotiations and could impact future collaborations between the two entities.

Read full article

via Financial Times

The Wall Street Journala day ago

Oil Futures Settle Lower Amid Mixed Signals

NegativeFinancial Markets

Oil futures have closed lower as traders navigate a turbulent market influenced by mixed signals. While ongoing strikes in Ukraine against Russian refineries have added a geopolitical premium, worries about an oversupply of oil are weighing down prices. This situation is significant as it reflects the delicate balance between geopolitical tensions and market fundamentals, impacting not just investors but also consumers who may face fluctuating fuel prices.

Read full article

via The Wall Street Journal

Investing.coma day ago

NCR Voyix tops profit estimates; shares slip despite Chipotle deal renewal

NeutralFinancial Markets

NCR's Voyix has exceeded profit expectations, showcasing strong financial performance. However, despite this positive news, shares have slipped following the renewal of a deal with Chipotle. This situation highlights the complexities of market reactions, where good news on profits doesn't always translate to positive stock performance. Investors are likely weighing the implications of the deal renewal and its impact on future growth.

Read full article

via Investing.com

RT (Russia Today)a day ago

Poland in talks to channel US LNG to Ukraine and Slovakia – Reuters

PositiveFinancial Markets

Poland is in discussions to facilitate the shipment of US liquefied natural gas (LNG) to Ukraine and Slovakia, potentially delivering up to 5 billion cubic meters annually. This initiative is significant as it not only strengthens energy security in the region but also enhances Poland's role as a key energy hub in Europe, especially amid ongoing geopolitical tensions. By diversifying energy sources, Poland aims to support its neighbors while reducing reliance on traditional suppliers.

Read full article

via RT (Russia Today)