The rally was led by German arms manufacturer Rheinmetall, which jumped 14% in Frankfurt, while UK-based BAE Systems soared ...
Yet leaders who gathered in London on Sunday have a consolation of sorts: the pressure to rapidly rearm gives them cover to hike taxes.
Shares in Germany's Rheinmetall have soared 57% this year, while BAE Systems is up 17% and France's Thales has gained 22%.
German defence companies seeking more capacity as Europe prepares to raise military spending are eyeing the ailing car ...
Shares in BAE Systems, Rheinmetall and Leonardo all added to strong gains this year on Monday amid expectations of rising ...
Rheinmetall (OTCPK:RNMBF) (OTCPK:RNMBY) on Monday jumped as much as 15% to a record high amid a broader rally in Europe, ...
The brighter mood, in equity markets at least, failed to spread to New York. At the time of the London close, the Dow Jones Industrial Average was down 0.5% at the time of the London equities close.
This year’s fierce rally in European defense stocks found new legs Monday after leaders on the continent met over the weekend ...
The stock has soared more than 1,300% since 2019, valuing Rheinmetall at 48 billion euros. BAE Systems Shares in London-listed aerospace and defense company BAE Systems soared more than 18% in a ...