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EADS-BAE Systems merger hits turbulence

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http://www.euronews.com/ With time running out in talks to form the world’s biggest aerospace and defence firm, the main shareholder in one of the potential partners has released a long and scathing list of objections to the union.

Negotiations have been underway to marry EADS and BAE Systems in a 35-billion euro deal.

Britain, Germany and France have been jockeying over how much of the new company would be owned by each country.

BAE’s main stock-holder Invesco Perpetual has released what some analysts have called a comprehensive demolition of the logic behind the deal.

Among eight categories of objections, Invesco said said that BAE is a strong business with a distinctive positions in the global defence market, and good stand-alone prospects.

It also felt the level of state shareholding in the new group would heavily impair its prospects.

The UK stock market has imposed a deadline of Wednesday afternoon for BAE Systems and EADS to clarify plans.

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ISW: Ukraine’s defending troops are advancing southwest of Bakhmut

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Watch Euronews Correspondent Sasha Vakulina’s latest report on the war in Ukraine

READ MORE : https://www.euronews.com/2023/07/07/isw-ukraines-defending-troops-are-advancing-southwest-of-bakhmut

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Conservators in Iraq carry out major restoration project to save centuries-old manuscripts

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“Some manuscripts date back almost 1,000 years,” said Ahmed al-Alyawi, who heads the House of Manuscripts body. Iraqi antiques and cultural heritage have often been plundered during decades of conflict.

READ MORE : https://www.euronews.com/2022/12/18/conservators-in-iraq-carry-out-major-restoration-project-to-save-centuries-old-manuscripts

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Grammy-winning producer Swizz Beatz: Tech is changing the game but originality still rules

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Grammy-winning producer Swizz Beatz: is changing the game but originality still rules

Grammy-winning music producer and entrepreneur Swizz Beatz tells Euronews Culture how technology is reshaping creativity, why originality still stands out, and what keeps drawing him back to the Middle East.

READ MORE : http://www.euronews.com/2026/04/18/grammy-winning-producer-swizz-beatz-tech-is-changing-the-game-but-originality-still-rules

Spark your senses, wake your wonder. Euronews Culture seeks to show creativity in action and inspire our audience to explore the world through the five senses. Start your journey through the best of Europe’s arts, gastronomy, traditions and high-end craftsmanship.

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Belgian food market leading the way in sustainability

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The cost-of-living crisis and the climate emergency are forcing industries to rethink their approach to their day-to-day practices.

READ MORE : https://www.euronews.com/2023/06/19/farming-fish-in-the-heart-of-brussels

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Artemis II: Why should we care? |Euronews Tech Talks

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The Artemis II mission brought four astronauts farther from Earth than humanity had ever ventured before.

To discuss its importance, Europe’s role and what comes after, Euronews Talks speaks with UK journalist Kate Arkless Gray and Belgian science reporter Senne Starckx.

Credits cover: Nasa and Euronews.

Read more: https://www.euronews.com/programs/euronews-tech-talks

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