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U.K.-Italian-Japanese Fighter Jet Venture Wins $6.14 Billion Contract

By Mauro OrruA joint venture of the U.K.'s BAE Systems, Italy's Leonardo and Japan Aircraft Industrial Enhancement Co. secured a contract valued at 4.6 billion pounds ($6.14 billion) to develop a new stealth fighter jet.Edgewing, the trilateral joint venture, said the contract would allow it to com…

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StocksGB

U.K.-Italian-Japanese Fighter Jet Venture Wins $6.14 Billion Contract

By Mauro OrruA joint venture of the U.K.'s BAE Systems, Italy's Leonardo and Japan Aircraft Industrial Enhancement Co. secured a contract valued at 4.6 billion pounds ($6.14 billion) to develop a new stealth fighter jet.Edgewing, the trilateral joint venture, said the contract would allow it to com…

Dow Jones Newswires en_IN
StocksGB
dow-jones

Imperial Metals Jumps After Ottawa Pledges C$500M for Red Chris Expansion

By Adriano MarcheseImperial Metals shares rose Friday after the Canadian government committed 500 million Canadian dollars ($352.5 million) to support development of the Red Chris Block Cave project, an expansion of the Red Chris mine.Shares rose 6% to C$7.46.The funding, announced as part of the n…

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StocksCA
dow-jones

Continental Close to Deal to Sell Contitech Business

(14:05 GMT) *Continental Nearing Agreement to Sell ContiTech to Lone Star Funds (14:06 GMT) *Continental: Deal Gives Business Value of EUR4 Bln (14:06 GMT) *Continental: Deal Includes Performance-Based Components of up to Further EUR250 Mln (14:06 GMT) *Continental: Binding Agreement Not Yet Reache…

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StocksDE
NEWS dow-jones

U.K. Fiscal Plans Under Next Leader Are Key For Gilt Market — Market Talk

The U.K. government bond market is likely to remain sensitive to the details of fiscal plans under Andy Burnham, the frontrunner to become U.K. prime minister, Goldman Sachs analysts say in a note. "It remains unclear how his plans differ from current government policy and how they will be funded."…

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Bonds
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Weak Jobs Data Continue to Weigh on Dollar — Market Talk

The dollar remains weaker in the wake of Thursday's worse-than-expected U.S. nonfarm payrolls data. The data reduced market pricing for imminent interest-rate rises by the Federal Reserve. However, LSEG data still show a 20% probability of a rate hike in July and a 60% chance in September. The rate…

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Forexindex
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Alibaba Set to Ban Staff From Using Claude Over Security Fears

By Raffaele HuangChina's Alibaba plans to ban employees from using Anthropic's Claude Code at work over concerns about potential security risks, according to people familiar with the matter.The move comes in the wake of a post on online forum Reddit earlier this week alleging that a version of the…

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StocksCN