Defense
EU leaders prepare ‘concrete’ measures on defense financing, sources say
LONDON — The European Union is expected to announce “concrete” measures on boosting defense financing this week, sources told CNBC, as Europe and the United States clash over support for Ukraine. The 27 EU leaders will gather in Brussels on Thursday for a meeting dedicated to defense and support for Ukraine. It follows two particularly […]
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Germany’s election could further boost Europe’s defense sector — and these stocks are set to benefit, analysts say
Germany headed to the polls on Sunday for the country’s federal election, with the result paving the way for a new coalition government. Source
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New FBI Director Kash Patel will also be named acting head of the ATF, official says
Kash Patel, U.S. President Donald Trump’s nominee to be director of the FBI, testifies before a Senate Judiciary Committee confirmation hearing on Capitol Hill in Washington, U.S., Jan. 30, 2025. Evelyn Hockstein | Reuters New FBI Director Kash Patel is expected to be named the acting head of the Bureau of Alcohol, Tobacco, Firearms and […]
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What we know about Dan ‘Razin’ Caine, Trump’s pick to be the top U.S. military officer
President Donald Trump’s choice to be the top U.S. military officer, retired Air Force Lt. Gen. Dan Caine, endeared himself to the commander in chief through his military call sign, “Razin,” during a meeting in Iraq years ago. Officials who have served with Caine described him Saturday as measured and apolitical. Trump said Friday night […]
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‘We felt at home’: Israeli weapons firms out in force at Abu Dhabi defense expo
Attendees at IDEX in Abu Dhabi visit the Israel pavilion during the Middle East’s largest defense expo on Feb. 18, 2025 Natasha Turak | CNBC ABU DHABI, United Arab Emirates – A record 34 Israeli companies exhibited at IDEX this week, the Middle East’s largest defense expo hosted biennially by Abu Dhabi. After fifteen months […]
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Palantir plunges after CEO Karp changes share sales plan, Pentagon budget cut report
Palantir co-founder & CEO Alex Karp attends meetings at the U.S. Capitol in Washington, U.S., October 18, 2023. Jonathan Ernst | Reuters The share price of Palantir fell by as much as 12.5% Wednesday after news that CEO Alex Karp had adopted a new stock trading plan, and a report that the Pentagon has been […]
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Russia and U.S. begin talks on ending the war in Ukraine, while Europe can’t agree a peacekeeping plan
U.S. Middle East envoy Steve Witkoff, Secretary of State Marco Rubio, National Security Advisor Mike Waltz, Saudi Arabia’s Foreign Minister Prince Faisal bin Farhan al-Saud, National Security Advisor Mosaad bin Mohammad al-Aiban, the Russian president’s foreign policy advisor Yuri Ushakov, and Russia’s Foreign Minister Sergei Lavrov attend a meeting together at Riyadh’s Diriyah Palace on […]
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CNBC Daily Open: Europe pushes for a role in Ukraine’s peace talks
European officials attend extended Weimar talks on Ukraine at the Ministry for Europe and Foreign Affairs (Quai d’Orsay) in Paris on Feb. 12, 2025. Christophe Petit Tesson | Afp | Getty Images As the U.S. took a break (from wild overhauls in government policies and its bureaucracy), across the Atlantic, Europe was springing into action […]
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CNBC Daily Open: Europe wants a say in Ukraine peace plan
Germany’s Foreign Minister Annalena Baerbock (L) talks with High Representative for Foreign Affairs and Security Policy and Vice-President of the European Commission Kaja Kallas at the Ministry for Europe and Foreign Affair)in Paris, on Feb. 12, 2025. Christophe Petit Tesson | Afp | Getty Images As the U.S. took a break (from wild overhauls in […]
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As Europe ramps up defense spending talks, analysts name the stocks set to benefit
Global officials gathered in Munich, Germany, over the weekend for the Munich Security Conference, with talk focused on defense spending and the war in Ukraine. European officials appeared to signal a willingness to ramp up spending following pressure to do so from U.S. President Donald Trump. EU Commission President Ursula von der Leyen said defense […]
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