Rheinmetall (RHM GY) and Destinus are planning a joint venture to manufacture and market missile systems on a large scale, Handelsblatt reports
Rheinmetall's joint venture with Destinus to manufacture missile systems marks a strategic move toward bolstering defense capabilities amid increasing geopolitical tensions.
IDF troops are expanding targeted ground operations against Hezbollah infrastructure in the Bint Jbeil area of southern Lebanon to strengthen forward defence
Pope Leo said he will continue speaking out against war despite criticism from US President Trump, and lamented that the Christian message is being “abused”
Rheinmetall (RHM GY) and Destinus are planning a joint venture to manufacture and market missile systems on a large scale, Handelsblatt reports
Japan Post (6178 JT) to resume accepting all US-bound mail from Tuesday, after 7-month suspension due to end of ‘de minimis’ exemption, according to a statement
Samsung Foundry (005930 KS) has reportedly raised the price of HBM4 logic dies supplied to its memory division by 40-50% this year
Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.
- The JV is to be founded in H2 2026, with the German company holding a 51% stake and its Dutch partner Destinus holding 49%
- The programme will include cruise missiles and ballistic rocket artillery.
- The offering is aimed at NATO member states and a broad international market.
This venture, particularly its focus on NATO member states and an international market, could enhance Rheinmetall's portfolio and elevate demand within the defense sector, potentially impacting equities in this space positively.
Related headlines
- Newsqawk European Market Wrap - 9th September 20267 hours ago
- Volkswagen (VOW3 GY) files to sell USD-denominated debt; 5-parter9 hours ago
- European Movers: Airbus (AIR FP) -1.3%, LVMH (MC FP) -1.3%, Orsted (ORSTED DC) -1.6%, Inditex (ITX SM) -3%, Burberry (BRBY LN) -3%14 hours ago
- Additional European Equity News - 9th September 202615 hours ago
- European Equity pre-Market Summary - 9th September 2026: European bourses are indicative of a slightly softer open; Inditex reports poor results15 hours ago
- Newsquawk Daily European Equity Opening News - 9th September 202616 hours ago
- Newsquawk Daily US Opening News - 9th September 202612 hours ago
- US Midterm Update: Latest Polymarket pricing puts Democratic sweep at 50%; Republican midterm 2-day convention to start tonight5 hours ago
- CRUDE WRAP: WTI (V6) SETTLES USD 3.02 HIGHER AT 96.05/BBL; BRENT (X6) SETTLES USD 3.29 HIGHER AT 101.21/BBL3 hours ago
- US President Trump says he thinks war with Iran will end immediately after the election3 hours ago
- US President Trump says after the election, oil prices will tumble lower; gasoline price will take a bit longer3 hours ago
- US Senator Slotkin says "We hear rumors that Trump is planning to allow Chinese cars to be sold in the U.S., as part of a larger deal"5 hours ago
- Trump admin official says buyback increase of part of ongoing approach, reports Fox Business6 hours ago
- US EQUITY OPEN: Indices in the red as US/Iran tensions escalate 8 hours ago
- Russian Kremlin spokesperson Peskov says Presidents Putin and Trump did not discuss the possibility of holding a new meeting at APEC, but there is an understanding that such a meeting could take place, Interfax reports9 hours ago
- [MARKET ANALYSIS] JPY continues to gain after daring commentary from US Treasury Sec. Bessent12 hours ago
- [MARKET ANALYSIS] European bourses under pressure as renewed US-Iran strikes drive energy higher; ITX SM hit despite mixed earnings while FORTUM FH surges on GOOGL deal12 hours ago
- Crystler (STLAM IM/STLAP FP) files to recall over 200k US vehicles14 hours ago
- [MARKET ANALYSIS] Asia-Pac stocks trade mixed with the region partially shrugging off the weak US lead following a fresh exchange of US-Iran strikes and escalation in the US-Canada trade war18 hours ago
- German Government spokesperson on planned EU budget says we don't yet have viable basis for talks, figures need to come down10 hours ago
The whole workspace, free to try.
Try it free