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  • An employee walks between lines of oil barrels at a Royal Dutch Shell Plc plant.

    European equities finished sharply lower on Thursday, as oil prices and a fall in Rolls-Royce shares dented investor sentiment.

  • DUBAI, Nov 12- The Dubai Airshow ended in a fog of speculation on Thursday when UAE organisers abandoned plans to announce a multi-billion-dollar deal that could have reversed a slump in orders at the Middle East's largest aviation event. A senior UAE official said the deal would have added 10-15 percent to total deals which he estimated at $39.8 billion, but...

  • European shares headed for biggest fall since September Thursday, 12 Nov 2015 | 10:34 AM ET

    *Aegon and RWE also fall after results. LONDON, Nov 12- A top European stock index looked set for 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. Disappointing earnings in Europe added to the sour mood, including another profit warning from Rolls-Royce, which sent...

  • LONDON, Nov 12- BAE Systems will slow production of its Typhoon fighter jet and cut capacity at its Williamstown shipyard in Australia, the cost of which will mean earnings will not grow this year, the company said on Thursday. Europe's biggest defense contractor said the longer term outlook was brightened by increases in defense spending in the United States...

  • European shares dragged lower by earnings misses Thursday, 12 Nov 2015 | 7:48 AM ET

    *Aegon and RWE also fall after results. LONDON, Nov 12- European shares fell on Thursday, hit by a number of disappointing earnings updates, although hints of renewed stimulus from the European Central Bank did offer some support. "Yet another profit warning has shocked investors, with a review of its current shareholder payments policy a major negative," said Keith...

  • LONDON, Nov 12- Europe's biggest defence company BAE Systems plc warned on Thursday it would see no growth in earnings in 2015 after it reduced the rate of production of Typhoon aircraft and said it would cuts jobs in Britain and Australia. BAE said in February that for 2015 it expected underlying earnings per share to be marginally higher than the 38 pence per...

  • LONDON, Nov 12- British defence company BAE Systems plc warned on Thursday it would see no growth in earnings in 2015 after it reduced the rate of production of Typhoon aircraft. The company said that including a benefit of 2 pence from tax provisions, it expected underlying earnings per share for 2015 of around 38 pence. BAE said in February that for 2015 it...

  • AIRSHOW-UAE in final stages of talks to buy Rafale jets Wednesday, 11 Nov 2015 | 8:31 AM ET

    "I think we are in the final stage of negotiations," Major General Ibrahim Nasser Al Alawi, commander of the UAE Air Force and Air Defence, said in an interview at the Dubai Airshow when asked how close the UAE was to a deal to buy the Rafale. After failing for years to win an order for its warplane, France has sold 24 Rafales each to Egypt and Qatar in recent months and is in...

  • NEW DELHI, Nov 9- Indian Prime Minister Narendra Modi is keen to expand an order for BAE Systems Hawk training aircraft to revive India's aerobatic display team when he visits Britain this week, government sources said on Monday. During the first bilateral visit by an Indian prime minister since 2006, Modi will on Thursday witness a fly-past over London by the...

  • DUBAI, Nov 7- Boeing on Saturday gave its strongest indication yet about a near-term sale of F/A-18E/F Super Hornets to Kuwait, although the world's second-largest weapons maker said lower oil prices were delaying some arms purchases by Gulf states. "There are things that we're waiting on... those things are going to be cleared and we think they're going to be...

  • Security in the Gulf and wider Middle East is at its most uncertain in years, with the region's conflicts sending hundreds of thousands of homeless into Europe and Islamic State expanding its anti-Shi'ite sectarian campaign of bombings from Iraq and Syria into the Gulf Arab states, Yemen, Libya and Egypt. The fighting in Syria and Yemen may bolster demand for...

  • Security in the Gulf and wider Middle East is at its most uncertain in years, with the region's conflicts sending hundreds of thousands of homeless into Europe and Islamic State expanding its anti-Shi'ite sectarian campaign of bombings from Iraq and Syria into the Gulf Arab states, Yemen, Libya and Egypt. The fighting in Syria and Yemen may bolster demand for...

  • ALMATY, Nov 3- Kazakhstan's government is considering selling some or all of its stakes in 60 companies, including miner Eurasian Resources Group, flagship carrier Air Astana and Kazakhtelecom, two sources close to the cabinet told Reuters. Kazakhstan owns 51 percent of Air Astana, with the rest held by Britain's BAE Systems, and 52 percent of common stock in...

  • N Irish teenager arrested over TalkTalk hack Monday, 26 Oct 2015 | 6:59 PM ET

    Police have arrested a 15-year-old boy in Northern Ireland over a cyber attack on British broadband provider TalkTalk.

  • Canada Liberals to start fighter competition afresh Monday, 26 Oct 2015 | 6:20 PM ET

    OTTAWA, Oct 26- Canada's incoming Liberal government intends to completely restart the competition for fighter jets to replace its aging CF-18s, rather than relying on the proposals already made under the outgoing Conservatives, a Liberal source said on Monday. He said the Liberals, who declared during their successful election campaign that they would not...

  • LONDON, Oct 26- Police arrested a 15- year-old boy in Northern Ireland on Monday over a cyber attack that may have led to the theft of data from among the 4 million customers of British broadband provider TalkTalk. A ransom demand was received by TalkTalk on Friday. A spokeswoman for TalkTalk said the company had been informed of the arrest.

  • TalkTalk hires BAE Systems to investigate cyber attack Sunday, 25 Oct 2015 | 11:51 AM ET

    LONDON, Oct 25- British broadband provider TalkTalk said on Sunday it had hired defence company BAE Systems to investigate a cyber attack that may have led to the theft of personal data from its more than 4 million customers. "BAE Systems are supporting us as we investigate this week's cyber attack," a spokeswoman for TalkTalk said, declining to give further...

  • WASHINGTON, Oct 20- The election of Canada's Liberal leader Justin Trudeau as prime minister spells bad news for Lockheed Martin Corp's F-35 fighter jet program given Trudeau's staunch opposition to any F-35 purchases, U.S. industry and government sources said on Tuesday. Trudeau's election offers hope to Boeing Co, whose F/A-18E/F fighter jets are nearing...

  • PARIS/ FRANKFURT, Oct 20- Airbus Group has named Siemens executive Dirk Hoke as the next head of its Defence and Space division, recruiting an industrial high-flyer with no previous aerospace experience to regenerate its second-largest division. Hoke, 46, will join Europe's largest aerospace group in January and progressively take over from Bernhard...

  • PARIS/ FRANKFURT, Oct 20- Airbus Group has named Siemens executive Dirk Hoke as the next head of its Defence and Space division, recruiting an industrial high-flyer with no previous aerospace experience to regenerate its second-largest division. Hoke, 46, will join Europe's largest aerospace group in January and progressively take over from Bernhard...