Airbus CEO says Europe’s ‘digital battlefield’ will take a decade to build

Airbus CEO says Europe’s ‘digital battlefield’ will take a decade to build


Key Points

  • Europe’s ambitions to create a “combat cloud,” where defense-related data is exchanged between nations securely, could take over a decade.
  • That’s according to Airbus CEO Guillaume Faury, who sat down with CNBC’s Charlotte Reed in a fireside chat at the Adopt AI conference in Paris.
  • The combat cloud part of a range of space-based efforts in Europe as it competes with the U.S. and China.



Source

From stocks to property, here’s what the Autumn Budget means for UK assets
World

From stocks to property, here’s what the Autumn Budget means for UK assets

U.K. Finance Minister Rachel Reeves delivered her long-awaited Autumn Budget on Wednesday, which included a swathe of tax hikes that will impact most of the British population. CNBC rounded up the headline announcements for investors and spoke to market watchers about the implications for U.K. assets. Stocks and bonds Among the raft of measures announced […]

Read More
Saba Capital activist Boaz Weinstein calls for removal of Baillie Gifford-run tech investment trust’s entire board
World

Saba Capital activist Boaz Weinstein calls for removal of Baillie Gifford-run tech investment trust’s entire board

Boaz Weinstein is calling for the removal of the entire board of a tech-focused fund managed by Baillie Gifford, in a bid to reverse what the activist investor sees as “unprecedented” value destruction. In a letter to the Edinburgh Worldwide Investment Trust’s board on Thursday, Weinstein — whose activist investment firm Saba Capital owns around […]

Read More
Apple is challenging India’s anti-trust body over a potential  billion fine
World

Apple is challenging India’s anti-trust body over a potential $38 billion fine

The first day of sale of the iPhone 15 smartphone in Mumbai, India, on Sept. 22, 2023. Dhiraj Singh | Bloomberg | Getty Images Apple has filed a case in Delhi High Court against the country’s anti-trust body because of how it considers global turnover when calculating penalties. The iPhone maker, which is among the […]

Read More