Defense
Down but not out: India’s $33 billion defense production ambition is on track. Here are the stocks that stand to gain
Despite the recent crash of an India-made Tejas fighter jet at an airshow in Dubai, investors are bullish on New Delhi’s defense ambitions as the country seeks to double its military production to 3 trillion rupees (about $33 billion) by 2029 . It also aims to raise its defense exports to 500 billion rupees by […]
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Pentagon probing misconduct allegations against Sen. Mark Kelly over video on ‘unlawful orders’
Sen. Mark Kelly, D-Ariz., talks with reporters in Dirksen building on Tuesday, October 28, 2025. Tom Williams | Cq-roll Call, Inc. | Getty Images The Pentagon on Monday said that it was reviewing what it called “serious allegations of misconduct against” Sen. Mark Kelly of Arizona for making a video with five other Democratic lawmakers […]
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Ukraine desperate to keep Trump on its side in peace talks, while saving its sovereignty
Turkish President Recep Tayyip Erdogan (not seen) and the President of Ukraine Volodymyr Zelenskyy speak during a joint press conference after their official meeting at the Presidential Complex in Ankara, Turkiye on November 19, 2025. Anadolu | Anadolu | Getty Images Ukrainian officials have spent the weekend scrambling to make up lost ground when it […]
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European defense stocks slide as U.S., Ukraine make progress on peace plan
A Rheinmetall MAN Military Vehicle on Nov. 20, 2024, in Donetsk Oblast, Ukraine. Yan Dobronosov | Global Images Ukraine | Getty Images European defense stocks fell on Monday, extending declines as Ukraine and the U.S. made progress on peace proposals over the weekend. The Stoxx Europe Aerospace and Defense index was 0.7% lower during morning deals, […]
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Govini founder Eric Gillespie released on $1 million bond with Pentagon probe ‘ongoing’
Mug shot of Eric Gillespie, Govini Founder and Chairman. Courtesy: Pennsylvania Attorney General Govini founder Eric Gillespie, who is charged with four felonies, including multiple counts of unlawful contact with a minor, was released on bail. Gillespie, who lives in Pittsburgh, posted a $1 million bond after his court appearance Thursday. He is not allowed to […]
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Oil prices and energy stocks fall sharply on Trump’s new Ukraine peace plan
This aerial picture shows the oil tanker Boracay anchored off the Atlantic Coast off Saint-Nazaire, western France on October 1st, 2025. French authorities said Wednesday they were investigating the oil tanker Boracay anchored off the Atlantic Coast and suspected of being part of Russia’s clandestine “shadow fleet”. Damien Meyer | Afp | Getty Images Oil […]
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What a Ukraine peace plan could mean for Europe’s defense boom
The bull run on European defense stocks isn’t over, market watchers say — whether or not officials find a way to finally put a stop to the war in Ukraine. On Tuesday, Axios reported that a secret peace deal was being drawn up by Washington and Moscow, with some outlets reporting a breakthrough could be […]
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Dutch halt state intervention at Chinese-owned chipmaker Nexperia, paving way for exports to resume
This photograph shows a general view of Nexperia headquarters in Nijmegen on November 6, 2025. John Thys | Afp | Getty Images The Dutch government on Wednesday said it suspended its intervention at Chinese-owned chipmaker Nexperia, following constructive talks with Chinese authorities. “We see this as a show of goodwill,” Dutch Economy Minister Vincent Karremans […]
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Rheinmetall shares rise as defense giant sees sales surging fivefold by 2030
German Rheinmetall MAN tactical military transport vehicles parked in the Edvard Peperko military barracks. Luka Dakskobler | Lightrocket | Getty Images Shares of Germany’s Rheinmetall rose on Tuesday after the defense giant told investors to expect sales to quintuple over the next five years, boosted by robust demand for its weapons systems amid geopolitical tensions […]
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Govini founder Eric Gillespie’s lawyer calls child sex chat ‘internet fantasy,’ not a crime
Govini founder Eric Gillespie urged a person whom he believed to be a dad offering his 10-year-old daughter to be sexually abused to use encrypted chat platforms, a Pennsylvania criminal complaint alleges. “Signal is safer for er small talk,” Gillespie wrote to the purported father, who was actually an undercover law-enforcement agent, according to a […]
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