Business
Telekom and Rheinmetall build anti-drone defence system
Suspicious drone flights over airports, barracks and critical infrastructure are increasing. German companies Telekom and Rheinmetall plan to jointly develop a system capable of detecting, disrupting and intercepting drones in emergencies.
Business
Repsol regains control of Venezuela oil assets and boosts production
Spanish energy company Repsol has reached an agreement with Venezuela’s government and state-owned company Petróleos de Venezuela (PDVSA) to regain operational control of key oil assets and sharply increase production over the next three years.
Markets
Here's why a strong euro could be bad news for European companies
The euro’s sharp rise in 2025 is putting pressure on European corporate earnings. Second-quarter reports are expected to show weaker profits, while a stronger currency and softening demand weigh on sales and margins across key sectors.