France and Germany have decided to terminate their collaborative fighter jet initiative, the Future Combat Air System (FCAS), after facing years of unresolved disputes. This decision marks a significant setback in Europe's ambition to enhance its defense cooperation. Initiated in 2017 by French President Emmanuel Macron and then German Chancellor Angela Merkel, the FCAS aimed to develop a next-generation fighter to succeed France's Rafale...
The UK government is poised to contest the European Union's plans to significantly cut tariff-free steel imports, a move that could have a considerable impact on British steel makers and bilateral trade relations. Business Secretary Peter Kyle is anticipated to address the issue with EU Trade Commissioner Maroš Šefčovič during discussions in Brussels, as apprehension mounts over the impending steel safeguard measures set to...
Oil prices experienced an uptick on Monday as geopolitical tensions in the Middle East stirred inflation concerns and speculation about potential interest rate hikes...
