News
Airbus reported stronger-than-expected second-quarter results, driven by a sharp increase in commercial aircraft deliveries and solid performance from its defence business. The world's largest aircraft manufacturer posted adjusted operating profit of €2.43 billion, a 54% increase compared with......
The European Commission has raised concerns over TikTok's protection measures for young users, stating in preliminary findings that the platform may have failed to meet requirements under the European Union's Digital Services Act (DSA). Brussels said the Chinese-owned social media platform did......
Singapore's state-owned investment company Temasek is preparing to expand its presence in the European defence sector as governments across the continent accelerate military spending in response to evolving security challenges. The strategic shift reflects changing investment priorities driven by......
The European Union has strengthened its aviation safety guidance by urging commercial airlines to avoid Jordanian airspace following a series of missile and drone incidents linked to escalating tensions in the Middle East. In a newly issued safety bulletin released on Wednesday, July 22, the European......
Airbus shares climbed sharply on Wednesday after the European aerospace manufacturer announced a €5 billion share buyback programme alongside new medium-term financial targets that signal confidence in its long-term growth strategy. The stock gained nearly 5% following the announcement, reflecting......
Boeing has urged the United States government to seek further explanations from the European Union over a €3 billion ($3.43 billion) loan package granted to Airbus, reopening a long-running dispute over aircraft subsidies between the two aerospace giants. The American aircraft manufacturer has......
European missile manufacturer MBDA has appointed Jean-Brice Dumont as its next chief executive officer, marking a significant leadership transition as the company accelerates production to meet rising defence demand across Europe. The company announced that Dumont, currently Head of Military Aircraft......
A record-breaking heatwave that swept across Western Europe in late June has been linked to a sharp rise in mortality, highlighting the growing human cost of extreme weather associated with climate change. According to official mortality monitoring data, more than 10,000 excess deaths were recorded......
The head of the International Energy Agency (IEA) has urged the European Union to reconsider its opposition to new oil and gas exploration in the Arctic, arguing that long-term energy security should play a greater role in shaping the bloc's future energy strategy. The appeal comes as European policymakers......
Baker Hughes has received conditional clearance from the European Union for its proposed $13.6 billion acquisition of Chart Industries, overcoming a key regulatory hurdle after agreeing to divest part of Chart’s business to address competition concerns. The decision, announced by the European......
The proposed merger between Italian energy engineering group Saipem and Norway's Subsea 7 is expected to enter an in-depth European Union antitrust investigation, as regulators examine whether the transaction could reduce competition in the offshore energy services market. People familiar with the......
Airbus delivered 351 commercial aircraft during the first six months of 2026, posting a 15% increase from the same period a year earlier and reinforcing expectations that the European aerospace manufacturer is on course to achieve its annual production objectives. The company handed over 89 aircraft......
The European Commission has opened a new phase in its examination of Sanofi’s practices in the influenza vaccine market, seeking feedback on commitments proposed by the French pharmaceutical group to address concerns over possible anti-competitive conduct. The move follows an investigation launched......
