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Nikkei Falls 2.8%, Dragged by Chip Stocks
The Wall Street Journal13d agobearish
Nikkei Falls 2.8%, Dragged by Chip Stocks

STOCKS 0015 GMT — Japanese stocks are lower as fears about the Iran war and rising energy costs have grown. Chip-related stocks are leading declines. Kioxia Holdings is down 5.7%, SoftBank Group is 4.

European Defense Groups to Work on Ballistic-Missile Shield
The Wall Street Journal72d agobearish
European Defense Groups to Work on Ballistic-Missile Shield

Destinus, MBDA, Safran, Airbus and Thales said they had signed a letter of intent to establish a consortium for the development of the Bliksem EXO system to strike down ballistic missiles, which can travel at hypersonic speeds above the atmosphere.

Germany Drops Jet Project With France in Setback for European Defense Sovereignty
The Wall Street Journal108d agobearish
Germany Drops Jet Project With France in Setback for European Defense Sovereignty

Germany has pulled out of a stalled stealth-fighter project with France and Spain whose lack of progress has become a symbol for the hurdles Europe faces in rebuilding its militaries as the U.S. reduces its presence on the continent. Berlin will no longer pursue building and ordering the aircraft after failing to resolve a spat between Airbus and Dassault over which should take the lead on its development, a senior German government official said. Paris had long taken the view that governments behind the project needed to apply more pressure on the defense firms to cooperate and advance the project.

The Air India Report Is Coming. What It Means for Boeing.
Barrons.com108d agobearish
The Air India Report Is Coming. What It Means for Boeing.

Boeing is approaching a solemn anniversary: It has been almost one year since the fatal Air India Flight 171. On June 12, 2025, a Boeing 787 crashed shortly after takeoff from Ahmedabad, India, killing 229 passengers, 12 crew, and 19 people on the ground. The crash’s anniversary signals the imminent arrival of the full accident investigation report from India’s Aircraft Accident Investigation Bureau.