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  • European stocks closed lower Monday, as investors failed to shake off concerns over commodities and China.

  • New boss in dash for simplicity at bloated Rolls-Royce Tuesday, 22 Dec 2015 | 11:28 AM ET

    FILTON, England, Dec 22- Twelve months and 80 signatures: that is what it recently took Rolls-Royce to approve a small change requested by a supplier, symptomatic of a business that had become as complex as the engines it makes to power the world's biggest jets. New chief executive Warren East says the number of sign-offs should be closer to 15, and it's an example of...

  • WASHINGTON, Dec 21- Lockheed Martin Corp met its goal of delivering 45 F-35 fighter jets to the U.S. government and key allies in 2015, a 25 percent increase from 2014 that brought the number of jets delivered to 154, the Pentagon said on Monday. "Meeting aircraft production goals is a critical stepping stone in demonstrating the program is ready for the expected...

  • *Major global companies paid no tax in Australia in 2014. *Australia campaigned to close tax loopholes at G20. SYDNEY, Dec 17- Australian tax authorities on Thursday took the unprecedented step of publishing the records of hundreds of companies, including Google Inc and Apple Inc, which show they paid little or no tax on their in-country earnings.

  • *Major global companies paid no tax in Australia in 2014. *Australia campaigned to close tax loopholes at G20. SYDNEY, Dec 17- Australian tax authorities on Thursday took the unprecedented step of publishing the records of hundreds of companies, including Google Inc and Apple Inc, which show they paid little or no tax on their in-country earnings.

  • LONDON, Dec 14- Britain would consider nationalising Rolls-Royce's business which makes the power systems used in the country's nuclear submarines, if the company's difficulties worsen, the Financial Times reported. The government could also decide to merge some or all of Rolls-Royce's businesses with Britain's biggest defence company BAE Systems, the FT...

  • WASHINGTON, Dec 8- Lockheed Martin Corp on Tuesday said it had won a seven-year contract worth A $1.2 billion to train the next generation of Australia's military pilots, with options for up to 25 years that could expand the deal's value. Lockheed beat out Britain's BAE Systems Plc, which currently holds the Australia pilot training contract.

  • WASHINGTON, Nov 24- The U.S. Marine Corps awarded Science Applications International Corp and BAE Systems PLC contracts for the first phase prototypes of a wheeled amphibious combat, the Pentagon announced on Tuesday. BAE Systems won an award for 13 vehicles worth nearly $104 million, the U.S. Department of Defense said in its daily digest of major contract...

  • U.S. Marines set to announce combat vehicle contract Tuesday, 24 Nov 2015 | 4:40 PM ET

    WASHINGTON, Nov 24- The U.S. Marine Corps will award a contract to two companies for the first phase prototypes of a wheeled amphibious combat vehicle late on Tuesday, Marine Corps officials said. Last year the Marine Corps started a competition for the amphibious combat vehicle, with the first phase known as the Amphibious Combat Vehicle 1.1.

  • *UK defence stocks rise on budget spending plans. MILAN, Nov 23- European shares fell on Monday, as demand concerns weighed on commodities and energy stocks, but British defence plays such as Rolls Royce rose on plans to boost budget spending. Rolls Royce and BAE Systems rose 2.2 and 1.3 percent respectively after Britain's finance minister George Osborne said it...

  • LONDON/ MILAN, Nov 20- European shares ended their strongest week in a month on Friday with a benchmark index rising to three-month highs, helped by growing expectations of more ECB stimulus, but gains were capped by stake sales in leading companies. Investors said sentiment was helped by a fresh pledge by European Central Bank chief Mario Draghi to act quickly to...

  • LONDON/ MILAN, Nov 20- European shares were on track for their best week in a month on Friday with a benchmark index rising to three-month highs, helped by growing expectations of more European Central Bank stimulus. Investors said sentiment was underpinned by a fresh pledge by ECB chief Mario Draghi to act quickly to boost anemic inflation, highlighting changes...

  • *BAE Systems continues rally after Investec upgrade. LONDON, Nov 20- European shares steadied near three month highs on Friday, with a benchmark index set for its best week in a month, though the rally was held in check by sales of large stakes in some leading firms. Tourism stocks have lagged the market, hit by security concerns thrown into sharp focus by last...

  • Wall Street

    European equities soared by the close on Tuesday as markets got a confidence boost from fresh European data and corporate earnings.

  • *Randstad and United Internet gain after updates. LONDON/ MILAN, Nov 17- European shares rose sharply on Tuesday, helped by encouraging updates from companies such as Germany's United Internet and Dutch-based Randstad, the world's second-biggest staffing company. Sentiment was also improved by expectations of more stimulus from the European Central Bank...

  • Defence stocks extend gains as Syria strikes intensify Tuesday, 17 Nov 2015 | 5:39 AM ET

    LONDON, Nov 17- Last week's Paris attacks kept rippling through financial markets on Tuesday, with investors buying up aerospace and defence stocks as fresh air strikes hit Islamic State bases in northern Syria. Top gainers in aerospace and defence included Zodiac Aerospace and Rolls Royce, both up over 4 percent, and Thales and BAE Systems, up around 2 percent.

  • *Randstad and United Internet gain after updates. LONDON, Nov 17- European shares climbed in early trading on Tuesday, helped by encouraging updates from companies such as Germany's United Internet and Dutch-based Randstad, the world's second-biggest staffing company. Sentiment was also improved by the latest comments from an executive board member of the...

  • LONDON, Nov 17- European shares climbed higher in early trading on Tuesday, with encouraging updates from companies such as the world's second-biggest staffing company Randstad and Germany's United Internet helping the market. Randstad shares rose 7.5 percent, the top gainer in the pan-European FTSEurofirst 300 index, after the company said sales had...

  • Europe ends mixed; tourism stocks, Brent slips Monday, 16 Nov 2015 | 11:30 AM ET

    European equities ended mixed Monday as investors digested the potential impact of a series of terrorist attacks in Paris on Friday night.

  • European shares post biggest fall since September Thursday, 12 Nov 2015 | 12:36 PM ET

    *Aegon and RWE also fall after results. LONDON, Nov 12- A top European stock index posted its biggest fall in six weeks on Thursday, as weakness in U.S. equities and commodity prices combined with poor earnings updates to drag shares lower. Weaker-than-expected earnings reports in Europe included another profit warning from Rolls-Royce, which sent the British...