Markets

Raytheon and United Technologies are planning a merger that would create a $120 billion American aerospace and defence juggernaut

United Technologies and Raytheon, two of the world’s largest aerospace and defence companies, have agreed to join forces. The combined company, Raytheon Technologies, could command a market capitalisation of $US120 billion and generate $US74 billion in annual revenues. Shares of both companies are rallying in premarket trading – United Technologies […]
Raytheon and United Technologies are planning a merger that would create a $120 billion American aerospace and defence juggernaut
Markets

Trump’s tariff threat is hitting Airbus, Rolls Royce, and Rémy Cointreau shares as traders weigh fallout

Airbus and European aerospace, food, drink, and clothing stocks fell after the Trump Administration threatened tariffs on $US11 billion of EU imports in retaliation for Airbus subsidies. The targeted products include non-military helicopters and aircraft, seafood, cheeses, wines, fruits, sweaters, knives, pajamas, paintbrushes, and wall clocks. Some of the biggest […]
Trump’s tariff threat is hitting Airbus, Rolls Royce, and Rémy Cointreau shares as traders weigh fallout