Production of French-German fighter jet threatened by rivalries, chief executive says

Airbus has announced a reduction in its plane delivery goal due to a quality issue affecting its A320 aircraft. This setback comes as the company is already grappling with supply chain challenges and production ramp-up difficulties.

Vulcan Energy Resources is set to begin construction on a lithium project in Germany, aimed at supplying sustainable lithium for the electric vehicle battery industry in Europe. This initiative is expected to commence in the coming days, marking a significant step in the company's efforts to support the growing demand for eco-friendly energy solutions.

Vulcan Energy Resources is set to commence construction on a lithium project in Germany aimed at supplying sustainable lithium for Europe's electric vehicle battery industry. This initiative is expected to enhance the region's capacity for producing eco-friendly batteries, aligning with the growing demand for electric vehicles.

Germany's industry body has criticized the government for not taking sufficient measures to prevent the economy from entering a 'free fall,' highlighting concerns over economic stability and growth prospects.

France's ongoing tax debate is being viewed by Barclays as a potential turning point, shifting from a risk to an opportunity for stocks. This perspective suggests that changes in tax policy could positively influence market dynamics and investor sentiment in the region.

German lawmakers are expected to approve €2.9 billion in military procurement contracts this week, which includes the development of an AI platform to monitor NATO's eastern flank. Contracts will be awarded to German defense startups Helsing and Arx Robotics, alongside an Airbus-led consortium, with the main contract to be determined later.

Volvo and Polestar executives are urging the European Union to maintain its 2035 ban on new petrol and diesel cars, countering Germany's push to soften the deadline amid concerns for its automotive industry. They argue that delaying the ban would hinder electric vehicle adoption and benefit Chinese manufacturers.

Airbus is currently inspecting a limited number of A320 aircraft due to a newly identified quality issue with the metal panels on the planes' exterior. This announcement comes shortly after the company faced a massive recall affecting around 6,000 A320-family jets due to urgent software fixes following safety concerns from a recent incident involving a JetBlue flight.