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November 16, 2025
Kim Yong Ho, a South Korean Kim, thought he was going to die in seconds when a 200 kilogram (441 pound) industrial presses at a Hyundai steel plant exploded during maintenance. The press crushed Kim's legs and his back. Kim, in 2019, said that…
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January 20, 2026
The CEO of TKMS, a warship builder, said that he is in discussions with 'Norwegian, German and German companies in order to offer a multibillion-dollar investment package to Canada as part of a fiercely competitive'submarine tender. He hopes to beat a competing South Korean bid.
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January 20, 2026
Leonardo's Chairman on Tuesday dismissed his?comments about a possible merger with Italian shipbuilder Fincantieri as a "light-hearted joke". Stefano Pontecorvo, at a business meeting in Milan on Monday, floated the idea that the two state-controlled companies could merge.
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January 19, 2026
The chairman of Leonardo, an Italian defence and aerospace company, floated the idea on Monday?of a possible future merger between Leonardo and Fincantieri. Stefano Pontecorvo, speaking at a Bocconi University conference in Milan, told an audience that he hopes the two groups can merge one day.
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January 19, 2026
As European companies became accustomed to the hard-won U.S. tariff agreements last year, Donald Trump put them right back in his sights with an "explosive" threat to levy levies against nations who oppose his plan to takeover Greenland. Trump…
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January 9, 2026
Two people with knowledge of the matter said that the state-owned German utility Uniper was close to a deal for the purchase of green ammonia in India, as part of Chancellor Friedrich Merz’s planned trip to India next week. Germany is betting…
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January 9, 2026
Here are some company news and stories that could have a significant impact on France and Benelux's markets or individual stocks. AIR FRANCE KLM has announced that 80 flights will be cancelled on Friday from and to Amsterdam Schiphol Airport due to expected snowfall in the Netherlands.
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January 8, 2026
TKMS stated?in an emailed message, without disclosing details?around this offer. TKMS, spun off from Thyssenkrupp parent in October, said last month that it 'expected to decide soon' whether to purchase?GNYK. This reflects its ambition to expand due to the growing demand for defense equipment.
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December 25, 2025
Alex 'Wong, 'global chief strategist at Hanwha Group said that the?Philly Shipyard of Hanwha has the ability to build a nuclear-powered submarine? for the U.S. Navy. Wong stated during Hanwha's Hanwha media day in Philadelphia on Monday that "the U.S.
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December 25, 2025
Alex Wong is the global chief strategy officer of Hanwha Group. According to a press release issued by the South Korean firm on Thursday, the company's Philly Shipyard can build a nuclear submarine for the U.S. Navy. Wong, who spoke at the Hanwha media day in Philadelphia on Monday…
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December 22, 2025
Donald Trump, President of the United States, announced plans on Monday to build a new class of battleships, larger, faster, and "100 times stronger" than anything before. The goal is to cement U.S. Naval dominance. He said that the project would be eventually expanded to include?20-?25 new vessels.
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December 17, 2025
According to a ruling that was reviewed by the. According to the ruling, on Tuesday, the Masan Branch Changwon District Court sent to prison the chief executive officer of a South Korean contractor for two and a quarter years and sentenced two employees from another firm to one and a quarter years.
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December 17, 2025
A South Korean court has found two contractors who worked on Taiwan's sub programme guilty of leaking torpedo-launching system designs. The ruling called the case a "diplomatic burden" that could be placed on?Seoul. According to the ruling, on Tuesday…
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December 15, 2025
The German Economy Minister announced on Monday that the state-rescued German shipbuilder Meyer Werft had secured a major order worth up to ten billion euros ($11.7?billion) with Swiss cruise operator?MSC Cruises. This will ensure capacity utilization through the mid-2030s.
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December 12, 2025
Australia announced on Friday that it would not oppose Hanwha's proposal to nearly double the stake of Austal in Australia, but there will be strict conditions regarding data access and security. Treasurer Jim Chalmers stated that the decision…
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December 10, 2025
The South Korean shipping giant Hanwha Group and U.S. defense start-up Vatn Systems have teamed up to develop autonomous underwater drones (AUU) for the U.S. Navy. This is the latest bilateral effort by the two companies to counter China's expanding naval presence.
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December 5, 2025
The Norwegian defence ministry announced on Friday that it plans to purchase two additional submarines and some long-range cannons from Germany. This will be at a higher price than previously due to the high demand for military gear. The order…
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November 26, 2025
Poland announced on Wednesday that it had selected Sweden to provide it with three subs. The multi-billion dollar deal is a crucial element in Warsaw's effort to strengthen its defenses in the Baltic Sea. Warsaw is increasing its investments…
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November 21, 2025
The European Defence shares dropped to their lowest level since late August, halting their strong run in this year. This was after Ukrainian President Volodymyr Zelenskiy stated that he is ready to work "honestly" on a U.S. backed plan to end Russia's war.
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November 20, 2025
The Italian shipbuilder Fincantieri will join Italy's blue chip stock index, FTSE MIB, for the first month next year, traders reported on Thursday. This move would strengthen the influence of defence amid a global rally fueled by geopolitical tensions.
