thyssenkrupp AG
Germany’s defense industry is booming. Here’s where its weapons are going
Germany’s defense sector is growing as increasing geopolitical tensions have led to a surge in orders. The value of German military exports hit 13.2 billion euros ($15.5 billion) last year, according to preliminary figures — more than double 2020’s 5.82 billion euros . Defense stocks in the country have skyrocketed over the past year as […]
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This is where JPMorgan sees stock opportunities in Europe over the next year
The first five months of 2025 have thrown some curveballs into European markets — led by a more extreme and volatile U.S. tariff policy than most had anticipated, with the European Union now seeking to stave off a threatened 50% base rate . Familiar themes have continued to play out with new dimensions. Inflation across […]
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Defense stocks abruptly stem losses as Trump’s tariffs wreak havoc on global markets
Armin Papperger, Chairman of the Executive Board of Rheinmetall AG, stands at the annual press conference at Group headquarters. Picture Alliance | Picture Alliance | Getty Images European defense giants whipsawed on Monday, abruptly paring losses as investors continue to grapple with a broad stock market downturn. U.S. President Donald Trump showed no signs of […]
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CNBC Daily Open: Trump tariffs will take effect ‘immediately’ but could be milder than thought
Trucks make their way to the Ambassador Bridge to cross into the United States at Detroit on April 1, 2025 in Windsor, Canada. Bill Pugliano | Getty Images The dread of something bad happening is usually more severe than the event itself (such as heading back to work after a holiday). This could well be […]
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These European defense stocks have gained more than 100% on EU spending plans — and they could have further to climb
European defense stocks have surged in recent months as geopolitical tensions prompt regional officials to ramp up spending on national security. In Germany, lawmakers have passed a historic debt reform , paving the way for a huge splurge on defense, while U.K. Prime Minister Keir Starmer has pledged to hike Britain’s national spend on defense […]
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Europe wants to pour billions of dollars into its own defense companies — but market watchers say it may not be able to shut American firms out
New army recruits of the Bundeswehr, Germany’s armed forces, during basic training on Nov. 29, 2022 near Prenzlau, Germany. Sean Gallup | Getty Images As Europe plans to pour billions of dollars into defense, many regional leaders are pushing for the money to be spent locally — but some market watchers say it’s inevitable that […]
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Europe stocks hit fresh record high on earnings, Ukraine peace hopes
European stock markets were broadly higher Thursday, amid a flurry of earnings and economic data and rising hopes of an end to the Russia-Ukraine war. The regional Stoxx 600 index maintained positive momentum from earlier this week, when it marked three record closing highs, gaining another 0.74% by midday in London to hit another all-time intraday peak. Markets […]
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Trump to impose 25% tariffs on steel and aluminum — here are the likely winners and losers
An employee stands at a blast furnace. U.S. President Donald Trump said on Sunday that he would impose new tariffs on steel and aluminium imports. Picture Alliance | Picture Alliance | Getty Images U.S. President Donald Trump on Sunday told reporters that he planned to announce new 25% tariffs on Monday, targeting imports of steel […]
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Germany’s struggling Thyssenkrupp books $1 billion impairment charge as steel demand weakens
A general view of the gate of the Thyssenkrupp industrial area in Duisburg, Germany, on August 29, 2024. (Photo by Ying Tang/NurPhoto via Getty Images). Nurphoto | Nurphoto | Getty Images Germany’s Thyssenkrupp on Tuesday reported a 1-billion-euro ($1.06 billion) impairment on its struggling steel division as the industrial powerhouse flagged “gloomy volume” expectations and […]
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European markets head for higher open as traders focus on data, earnings
Thyssenkrupp books $1 billion impairment on struggling steel unit A general view of the gate of the Thyssenkrupp industrial area in Duisburg, Germany, on August 29, 2024. (Photo by Ying Tang/NurPhoto via Getty Images). Nurphoto | Nurphoto | Getty Images Germany’s Thyssenkrupp on Tuesday reported a 1-billion-euro ($1.06 billion) impairment on its struggling steel division as the […]
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