Author: Tim Hepher and Giulia Segreti

PARIS/ROME (Reuters) -Europe’s aerospace giants kept investors waiting an extra day for details of a new space champion on Wednesday as lawyers and advisers pored over the smallprint, but merger plans remained intact, people familiar with the talks said. Reuters reported this week that Airbus, Thales and Leonardo had reached a framework deal to pool their satellite making activities to chip away at the dominance of Elon Musk’s Starlink. The talks mark the latest attempt to tie together Europe’s fragmented and struggling satellites industry.Read More

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JP Morgan AM anticipates that Europe will outpace the United States in growth over the next decade “It has been a good year for risk assets and another demonstration that staying invested long-term eventually pays off,” summarized Lucía Gutiérrez-Mellado, Head of Strategy for JP Morgan Asset Management in Spain and Portugal, during the press breakfast…Continuar leyendoRead More

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