Cable silent on BAE-EADS merger plans
©Bloomberg Inside the British government one senior figure has remained conspicuously silent about the BAE-EADS deal: business secretary Vince Cable. Mr Cable and his business department have issued the most…
Challenge to US foreign investment panel
A bid by a Chinese-owned company to build four small wind farms in Oregon has led to a rare legal challenge to the Committee on Foreign Investment in the US,…
Paris and Berlin seek EADS assurances
©Reuters France and Germany will in the coming days try to hammer out joint demands on job security and corporate strategy as talks intensify about the €38bn aerospace and defence…
Cameron ready to champion BAE tie-up
©Getty David Cameron is prepared to champion the €38bn combination of BAE Systems and EADS, after being convinced the deal would benefit the British defence company and the wider British…
Tales of riverbank: Investor ire over BAE
The quaint town of Henley-on-Thames, well known for its regatta, is not usually associated with the bruising business of multibillion-euro mega-mergers and City deal-making. Yet the pretty market town, on…
Daredevil of the skies takes aim at America
Tom Enders is used to dealing with high-risk situations. The 53-year-old former German paratrooper-turned-chief executive has a reputation for being focused and cool under pressure, the kind of man who…
Letter from Lex – strength in numbers
Bank bashers accustomed to laying into Europe’s finest may think twice before taking a swing at Sberbank, the region’s third-largest by market capitalisation. Little known outside its native Russia, where…
Big questions about BAE-EADS tie-up
What is being proposed and why? EADS and BAE Systems, respectively Europe’s biggest civil aerospace and weapons manufacturers, are discussing a €38bn merger to create a European rival to Boeing…
British foreign policy should be realist
Britain has spent more than half a century wrestling with the fact of shrinking global influence. It has not got any easier over time. Bouts of hubris alternate with spasms…
Merkel seeks clarity on EADS in meeting
Germany hopes Saturday’s meeting between Chancellor Angela Merkel and François Hollande, the French president, will be a big step toward a joint position between Berlin, Paris and London about the…
Union demands safeguards on BAE-EADS
IG Metall, Europe’s largest union, has demanded that Germany, France and the UK honour contracts for military equipment as part of a deal with EADS and BAE to guarantee jobs…
Boeing signals potential challenge to EADS
Boeing, the largest aerospace and defence group by revenues, has given the clearest indication yet that it could challenge the mooted merger of EADS and BAE Systems, saying it shares…
BAE-EADS deal on summit agenda
François Hollande and Angela Merkel will seek to agree a joint position at a meeting on Saturday on the €35bn combination of EADS and BAE Systems to create the world’s…
The rapid ascent of a high-tech export sector
In what was once a lonely strip of scrub in Querétaro airport, Mexico is witnessing the birth of a multibillion-dollar aerospace industry that barely existed a decade ago. Bombardier, the…
BAE will be left behind without a safer pilot
It is natural to regards any merger proposed by BAE Systems, the UK’s biggest defence company, with suspicion. Had it a better record of predicting its industry’s future and doing…