Finance news

◇ unclassifiedusa · europe · iran

Iran, US agree to halt war and reopen Hormuz

The memorandum of understanding is scheduled to be officially signed on Friday in Switzerland.

◇ unclassifiedgermany · europe · korea

Guided missiles: Rheinmetall wants to produce guided missiles with South Koreans

Gliding bombs are treacherous: They are decoupled from enemy planes far away and then glide to their target. Your defense is an expensive matter. Rheinmetall is now working on a new weapon.

◇ unclassifiedgermany · europe · china

Armament: “Do we want to treat France like China?”: KNDS defends itself against veto rights

Before the tank manufacturer's planned IPO, Germany and France agree on protective clauses. But the company has sharply criticized the possibility of excessive intervention.

◇ unclassifiedgermany · europe · uk

Ukraine War: Heavy Russian air strikes on Kyiv

The historic cave monastery was badly damaged in attacks on the Ukrainian capital. According to the Russian Defense Ministry, not Russian, but US anti-aircraft missiles hit the Pecherska Lavra monastery.

◇ unclassifiedusa · europe

Swedish opposition party, ahead in polls, could push for state ownership in Saab

“So I think state part-ownership in Saab would be natural, while at the same time signaling strong Swedish team-building in international contexts,” said Peter Hultquist, whose party is poised to win big in September elections.

◇ unclassifiedusa · europe · germany

Australia forges ahead with 155mm ammo production

The Maryborough factory will commence M795 production by late 2028 at a rate of 15,000 rounds annually.

◇ unclassifiedchina · asia · usa

Wave of Philippine government website hacks raises alarms over security, investor trust

The defacement of the National Bureau of Investigation’s website over the weekend marked an escalation in a wave of attacks on Philippine government pages, with the country’s main investigative agency becoming the third major state body in less than a week to have its site compromised. The incident followed similar attacks on the Senate’s website on Wednesday and the House of Representatives’ page on Saturday, raising questions about the government’s ability to protect even its own law...

◇ unclassifiedusa · europe

France enters ‘exclusive’ negotiations with MBDA, Safran for long-range strike: DefMin

The move effectively knocks out other competitors to replace France’s current LRU arsenal, including a recent surprise bid by Lockheed Martin.

◇ unclassifiedusa · europe · israel

France picks MBDA-Safran combo to supply multiple rocket launcher

Paris snubbed competing offers from Thales and ArianeGroup, as well as from U.S. defense giant Lockheed Martin and South Korea's Hanwha Aerospace.

◇ unclassifiedgermany · europe · uk

Bundeswehr: “The arms industry must speed up”

Renk's gearboxes are installed in a number of tanks. In an interview, company boss Alexander Sagel talks about how he wants to triple his production - and why a decision from VW is helping him.

◇ unclassifiedgermany · europe · china

Armament: “Do we want to treat France like China?”: Dispute over tank manufacturer KNDS escalates

Shortly before the IPO, the fronts between Germany, France and the management hardened. Berlin demands veto rights. A vote of no confidence in Paris?

Armaments industry: Renk is building its first tank - unmanned military equipment should be ready for series production in 2027

The tank transmission specialist teams up with the Finnish defense company Patria. At the Eurosatory arms trade fair in Paris, the companies are presenting an unmanned tank.

◇ unclassifiedchina · asia · india

China’s military mouthpiece PLA Daily cites SpaceX role in warning of satellite arms race

China’s official military newspaper has warned of an arms race over low-Earth satellites, citing developments such as SpaceX’s latest contract with the US Space Force. Low-Earth orbit (LEO) constellations typically operate at 300km to 1,500km (185-930 miles) above the Earth and are becoming increasingly important in areas such as communications and satellite navigation. But in a series of articles covering a full page on Monday, PLA Daily warned: “The era of the militarised application of...

◇ unclassifiedusa · europe

Thales upgrades its laser guided rocket with new LiDAR sensor to target drones

“We have integrated a new sensor behind the guidance kit, which is activated when it gets closer to the target,” one Thales Belgium official told Breaking Defense.

Defense: Corporations and investors are showing interest in the German defense start-up Arx Robotics

As the Handelsblatt learned exclusively, traditional corporations and financial investors are among those interested. Up to one billion euros are said to have been offered for the start-up.

◇ unclassifiedgermany · europe · usa

Iran War: Israel's Defense Minister: Stay in South Lebanon

The US-Iran framework agreement is experiencing its first test. Israel will not withdraw from southern Lebanon, according to Defense Minister Katz. He also directly threatens Iran.

Defense industry: Daimler Truck relies on military business for new growth

Daimler Truck is known for trucks and buses. But the company's commercial vehicles are also used by the military. The recently battered group sees a lot of growth potential in defense.

Defense industry: Daimler Truck relies on military business for new growth

Daimler Truck is known for trucks and buses. But the company's commercial vehicles are also used by the military. The recently battered group sees a lot of growth potential in defense.

◇ unclassifiedchina · asia · europe

Did volcanic eruptions ruin China’s Ming dynasty and undermine the Qing?

By many historical accounts, the Ming dynasty’s doom was sealed when Li Zicheng, the leader of a peasant rebel army, invaded Beijing in 1644. Less than 24 hours after the rebel forces breached Beijing’s inner defences, Chongzhen, the Ming dynasty’s emperor, hanged himself on Jing Hill behind the Forbidden City. The moment marked the end of 276 years of Ming rule. The Ming dynasty’s eunuch dictatorship, factionalism among civil officials, devastating peasant uprisings and the rise of the Manchus.

Industry: Daimler Truck wants to double defense sales by 2028 and is making its military business more global

Until now, armaments have been a niche for the truck company. Now the military trucks are intended to boost global business. For this purpose, Daimler is creating a new umbrella brand.

◇ unclassifiedusa · europe · russia

French army shows Leclerc tank with once-mocked anti-drone cage

Once derided as primitive, roof-mounted armor variants have been adopted by both Russian and Ukrainian forces as drone threats proliferate.

◇ unclassifiedusa · europe · uk

France prepares Ukraine-inspired ‘kill web’ for battlefield awareness

The kill web will be part of the broader Arcadia AI-powered battlefield command and control structure, a top French commander said.

Defense industry: “That’s actually in the interests of the taxpayer”

There is no lack of money. Nor in self-confidence. And yet the arms industry is still ramping up - which is why its representatives are calling for a rethink before the Eurosatory arms trade fair.

◇ unclassifiedgermany · europe · usa

Tanks & anti-aircraft defense: After the FCAS flop: 100 German companies at the Paris arms fair

Europe must become more independent from the USA, European NATO militaries largely agree on this. But how? Defense companies show off their latest weapons at a trade fair in Paris.

Social◇ unclassifiedsocial-signal

How to ensure you're not investing too wide as opposed to too deep?

How do you guys deal with the temptation to over-diversify? Or, better said, too invest too wide and not deep enough? Note, this is in reference to my individual investment account, not my roth or 401k. I get that it's generally safer to diversify, but I know that there are explosive gains to be made when you find your NVDA, SNDK, etc. and invest some decent capital into it. I want to be in quantum, photonics, space, software, AI, defense, etc., but I know that I'm likely leaving material gains