Swedish aerospace and defense group
Ukraine has seen mass protests after President Volodymyr Zelenskyy has removed Mykhailo Fedorov as defence minister and named SBU chief Yevhen Khmara as acting minister. Fedorov had clashed with commander-in-chief Oleksandr Syrskyi over modernisation and digital reforms. Demonstrations have continued in Kyiv and other cities and political tensions are rising during ongoing Russian strikes.
Rheinmetall has revised its revenue guidance for 2026 to as low as €13.7 billion, down from €14.0 billion, while maintaining its operating margin. The company reports a 39% rise in first-half sales and a 74% jump in profits, with new naval division contributing to growth; investors weigh valuations amid strong orders and potential shifts in government spending.
Global markets have steadied as US retail data suggests consumer spending is softer while inflation trends remain in check. Traders are watching for Federal Reserve guidance as major indices hover near records after a week of mixed signals across equities, bonds and currencies.
President Donald Trump has threatened to block Canadian manufacturer Bombardier from selling aircraft in the United States as Ottawa and Washington have exchanged tariffs on roughly $20–28 billion of goods. Canada has imposed retaliatory levies of 15–50%, and Bombardier has said it employs thousands in the US and sources components from 47 states.
European Commission President Ursula von der Leyen has outlined plans to deepen ties with Canada and Canadian Prime Minister Mark Carney has been invited to address the European Parliament. Talks are focusing on security, Arctic cooperation, critical minerals, student exchanges and defence-industrial links, but officials say no formal new pact has been agreed and discussions remain at an early stage.