French-headquartered aerospace and defence electronics giant
The Court of Appeal has ruled that the home secretary lawfully proscribed Palestine Action as a terrorist organisation, reversing a High Court judgment. The ruling preserves a ban that criminalises membership or support and has already prompted thousands of arrests and fresh police action at protests outside the Royal Courts of Justice.
Thales has agreed to pay €134 per Exail share, valuing the target at €3.9 billion, in a deal that includes a 44% premium to the pre-announcement price. Exail shares rose sharply ahead of the transaction.
Lime has priced its IPO at $25 per share and sold 6.68 million shares, valuing the company around $1.66 billion. Trading has begun on Nasdaq under the ticker LIME, with the stock showing initial strength amid a volatile market for micro-mobility firms.
Europe’s leaders are pursuing a global, integrated missile defense against future threats, while Ukraine seeks faster air-defense and a European-backed, lower-cost system. At Paris talks, Macron and Zelenskyy outline steps toward a coalition of the willing and the Freyja project to supplement, not replace, existing defenses.
Wildfires larger than four times Paris have driven 220,000 people from their homes and hit tourist hubs across Bordeaux. Local leaders warn the fires threaten a fragile economy already squeezed by energy costs, inflation, and geopolitical tensions, with tourism and wine sectors facing a downturn.
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.