Economy & Money
Profits boost for UK defence firms as governments increase spending
Shares in Rolls-Royce jump by 5% after it lifts earnings guidance, while BAE Systems also upgrades profit forecasts Rolls-Royce and BAE Systems are expecting higher profits as governments around the world increase their defence spending. Both companies lifted their earnings guidance on Thursday morning, citing commitments from governments to raise investment in defence systems. Continue reading...
This story was reported by Business | The Guardian. EUROPES curates Europe's most relevant coverage — read the full report at the original source.
Read full coverage at Business | The Guardian →