Europe's Banks Drop Restraints to Profit From Armaments Boom
By , Nicholas Comfort, and Arno Schuetze
Save
Europe's banks used to chafe at working with weapons manufacturers. Within just a few months, those business relationships have become a badge of honor.
Lenders including BNP Paribas SA, Commerzbank AG, Deutsche Bank AG and Societe Generale SA have been going out of their way to highlight their links to defense companies. Previously keen to stress their environmental track record, banks' public messaging has shifted to their role in rearming Europe.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Bloomberg
4 minutes ago
- Bloomberg
Retailers Seen Using Stablecoins to Push Back Against Card Fees
Stablecoins have become one of the hottest buzzwords in the world of finance as of late with US lawmakers on the cusp of passing the first guidelines for mainstream use of the cryptocurrencies designed to mirror the dollar. Everyone from banks to securities firms to fintech startups are experimenting with the tokens as a means of making payment systems faster and cheaper. That apparently even includes Walmart Inc. and even Inc., the Wall Street Journal reported Friday.
Yahoo
6 minutes ago
- Yahoo
'$600 off': Prices slashed on popular robot vacuums in huge EOFY sale
Two words: hair tangles. They're a common problem experienced by practically every Aussie household - those twisty knots that annoyingly get stuck on your socks and around the bristles of your vacuum cleaner brush. Enter the highly regarded Qrevo C robot vac from Roborock. This smart gadget is designed to remove hair and debris in floor crevices and deep in carpets via its 12,000Pa suction power. Roborock describes this household helper as having a 'triple anti-tangle system', which is perfect for homes with long-haired humans and pets as it delivers a '100 per cent hair removal rate' across all floor types. The key? Its DuoDivide brush, which works in harmony to efficiently direct hair towards the central dustbin inlet, preventing tangles and clogging and ensuring your floors are as clean as can be. 'As a first time user of the item, I loved this very much,' one satisfied shopper raved online. 'It's the best helper ever. I have a Shepsky [dog] who sheds daily. Roborock has no issue picking up the hair. It also did a fantastic mop. Worth the money.' The Qrevo C is compact, perfect for those who live in apartments or who are tight on space. In news that will delight shoppers looking to save some serious cash, Roborock has currently slashed $600 off the price as part of its EOFY sale. That's not the only bargain at Roborock right now. If you're looking for a cut-price vacuum, keep reading. The Qrevo Curv robot vac goes a step further with 18,500Pa HyperForce suction and an ability to adapt to various floor types for 'comprehensive, hassle-free cleaning'. This gadget also has a zero tangling system and a multi-functional dock to ensure a deep, hygienic clean. The Qrevo Curv is now $500 off as part of the Roborock EOFY sale. Then you've got the Qrevo Edge C, an intelligent helper that will get into every corner of your home thanks to its FlexiArm technology that 'eliminates blind spots'. This vac also offers hot water mop washing at 75 degrees, leading to exceptional stain and bacteria removal. Aussie mum Britt Bevan was also seriously impressed with the Qrevo Edge C, praising its ability to make her life easier and calling it a "lifesaver" in keeping her floors spotless, despite her toddler and dog loving to "bring everything outside into the house." Check out her review here. 'We are extremely happy with our purchase and honestly wish we had bought it much earlier - this has been a true lifesaver!' one satisfied customer wrote online. 'I would highly recommend this model. It does everything you need and is especially ideal for mopping large areas. It also does a great job of covering all the edges thoroughly.' Right now, you can save $600 on the Qrevo Edge C as part of the Roborock EOFY sale. Another Roborock robot vacuum whose price has been slashed is the Saros 10. This model has an ultra-slim 7.98cm design so it can fit into seriously tight spaces, plus it expertly detects and navigates around obstacles, making every cleaning session smarter and more efficient. The Saros 10 is down $400, making it a great time to snap it up. Looking for something a little less exxy? Roborock EOFY sale has you covered for that too. Their F25 Wet and Dry Vacuum Cleaner is a super useful stick vac that offers 60 minutes of battery life under its eco mode, allowing it to tackle spills, dust and mess without the hassle of a power cord. Throw in 20,000Pa of suction power, 450rpm cleaning frequency, and a seamless, low-profile navigation to get into those hard-to-reach places, and your home is in good hands. This smart vacuum has a sensor that detects dirt levels in real time, automatically adjusting for optimal cleaning intensity across surfaces, and it detects the cleanliness of the water it's using so it knows how much it needs to self-clean before it's placed back into its dock. Smart. The F25 Wet and Dry Vacuum Cleaner now comes with a saving of $200 as part of the Roborock EOFY sale. The Roborock EOFY sale runs from 12 June to 2 July at and selected stockists.
Yahoo
6 minutes ago
- Yahoo
Barcelona have 'doubts' over signing Marcus Rashford from Man United
Marcus Rashford is 'no closer' to securing a move to Barcelona as figures at Camp Nou have 'doubts' over signing the Manchester United forward, according to a report. Rashford, 27, is expected to leave Old Trafford this summer as the England international has no future under Ruben Amorim after their public dispute in December. Advertisement Rashford was dropped by the Portuguese coach for the Manchester Derby with Amorim citing issues over attitude and application in training as the reasoning. Two days later, Rashford publicly declared his desire to leave United in search of a 'new challenge' in an unauthorised interview with journalist Henry Winter. It was not well-received amongst the Old Trafford hierarchy, nor Amorim and his coaching staff. Plans were accelerated for Rashford to leave the club in January with the 27-year-old not playing another minute under Amorim before his eventual loan move to Aston Villa at the end of the winter window. A £40 million buy-option was included in the move to Villa Park where Rashford enjoyed a mild resurgence under the tutelage of Unai Emery, who was key in convincing the forward to accept the Villans' proposal. Advertisement But with the season having drawn to a close, Villa have not exercised this option and Rashford is set to return to his boyhood club, despite neither party believing it be a long-term reunion. Rashford's 'dream' this summer is a switch to Spain to join La Liga champions Barcelona. The Catalan club made an enquiry to sign him in January but the financials involved in a loan proved unworkable. This reality is unlikely to have changed significantly given United's asking price of £40 million and Rashford's exorbitant wage packet at Old Trafford, even if he takes a salary cut. But Barcelona sporting director Deco remains 'keen' on the move with Rashford's versatility – capable of playing on either wing or up front – a complimentary fit in a supporting role to the existing frontline of Lamine Yamal, Raphinha, and Robert Lewandowski. Advertisement However, other senior figures at Camp Nou have 'doubts' over Rashford as a target while the Blaugrana will need to sell in order to buy this summer. This means Rashford's 'dream move' is 'no close to becoming a reality,' the i Paper reveals. Rashford's status as an academy player means his sale would constitute 'pure profit' from a PSR perspective. And in a summer where every penny will count at Old Trafford, a £40 million cash injection from a player unwanted by the executive structure and the manager would have been a significant boost. But the 'dream' scenario for both player and club looks increasingly unlikely to play out with Barcelona seeking a loan, rather than a permanent deal for Rashford. Feature image Dan Istitene via Getty Images Follow us on Bluesky: @
