Global X ETFs latest provider to capitalise on European defence spend
The Global X Europe Focused Defence Tech UCITS ETF (EDEF) provides European investors with access to companies leading in the defence and military technology space.
Global X ETFs Europe launches AI and defence technology ETFs
EDEF is designed to generate returns that correspond with the Mirae Asset Europe Defence Tech index, and has a total expense ratio of 0.4% for unhedged share classes.
The latest thematic launch from Global X ETFs is in response to European governments boosting military budgets to strengthen their strategic autonomy amid rising geopolitical tensions and shiftin…
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Perfect for adjusting mood lighting without lifting a finger. LED Reading Lamp : A modern addition to bedrooms or studies, these lamps provide flicker-free lighting that's gentle on the eyes. : A modern addition to bedrooms or studies, these lamps provide flicker-free lighting that's gentle on the eyes. MagSafe Night Lamp: Combines magnetic wireless charging with soft, ambient lighting—ideal for bedside use. Smart lighting not only creates a cozy atmosphere but also contributes to sustainability, a growing priority in European homes. Whether you're commuting across cities or jetting off to the Alps, tech gadgets for travel make mobility smarter and safer. Multifunction Travel Backpack : Designed with anti-theft features, USB charging ports, and organized compartments—ideal for modern travelers. : Designed with anti-theft features, USB charging ports, and organized compartments—ideal for modern travelers. Portable 4K Projector : Turn any space into a mini cinema. 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Smart Fitness Ring : A discreet yet powerful tool to track health metrics like sleep, heart rate, and movement—available in waterproof variants. : A discreet yet powerful tool to track health metrics like sleep, heart rate, and movement—available in waterproof variants. Waterproof Smart Ring: Built for active lifestyles, these rings are sleek, durable, and smart. These innovative tech accessories show how wellness and digital integration go hand in hand in today's world. With remote work and digital content consumption on the rise, the demand for stylish, functional gadgets is booming. E-Ink Phone Case : A power-free accessory that doubles as a custom display. You can personalize it with notes, images, or calendar reminders. : A power-free accessory that doubles as a custom display. You can personalize it with notes, images, or calendar reminders. Luminous Gaming Keyboard : Designed for gamers and professionals, it offers backlit keys and tactile feedback. : Designed for gamers and professionals, it offers backlit keys and tactile feedback. Custom Projection Phone Case: An emerging concept where your phone projects visuals directly onto surfaces—ideal for presentations or impromptu movie nights. These tools blur the lines between productivity and play, making them must-haves in modern European households. Europeans value minimalism, but not at the cost of performance. That's why multifunctional gadgets are gaining ground. Multifunctional Backpack for Men : This isn't just a bag—it's a travel companion, power bank carrier, and laptop protector rolled into one. : This isn't just a bag—it's a travel companion, power bank carrier, and laptop protector rolled into one. 6-in-1 Wireless Charging Docks: Replace multiple cables with a single, sleek charging station that supports phones, earbuds, and smartwatches. 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Today's tech is not just smart—it's designed to be energy-efficient and environmentally friendly. Smart RGB Bulbs : Use less energy than traditional lighting. : Use less energy than traditional lighting. E-Ink Displays : Consume no power once the screen is set, reducing battery waste. : Consume no power once the screen is set, reducing battery waste. Aromatherapy Devices: Encourage natural wellness methods, reducing reliance on artificial solutions. Investing in innovative lifestyle products today can contribute to a greener tomorrow. European living requires adaptability, elegance, and smart design. These products meet that demand by offering: Multi-language interfaces for easy access across countries for easy access across countries EU-compatible plugs and voltage ratings Portable sizes that comply with airline regulations that comply with airline regulations Sleek aesthetics that suit both modern and traditional interiors Whether you're in Berlin, Paris, or Barcelona, these gadgets blend seamlessly into any lifestyle. Before purchasing any gadget, consider these important factors: Compatibility : Ensure the device works with European standards (plugs, voltage, WiFi). : Ensure the device works with European standards (plugs, voltage, WiFi). Portability : Look for compact and lightweight designs for travel. : Look for compact and lightweight designs for travel. Water Resistance : Essential for rainy climates or outdoor usage. : Essential for rainy climates or outdoor usage. Battery Life: Choose long-lasting batteries to avoid frequent charging. Prioritize quality and warranty policies when buying tech gadgets for travel or home use. From custom projection phone cases to smart wellness rings, the future of tech is bright—and personalized. Expect rapid innovation in areas like: Wearables that offer medical-grade tracking Home automation systems that learn your behavior Travel accessories that combine multiple tools in one European consumers are increasingly seeking innovative lifestyle products that combine form, function, and sustainability. Technology isn't just changing—it's adapting to the way we live. For European consumers, this means access to a growing range of smart tech gadgets that improve daily life, whether at home, at work, or on the the practicality of a multifunction travel backpack to the elegance of a MagSafe night lamp, or the power of a portable 4K projector, these devices redefine convenience and creativity. TIME BUSINESS NEWS
CNBC
16 hours ago
- CNBC
Boeing trims projection for 20-year jet demand
Boeing expects global demand for air travel to increase by more than 40% by 2030, driving the need for thousands of new jetliners in the next few years, according to its 20-year demand forecast for commercial airliners released Sunday ahead of the Paris Airshow. The company expects demand for 43,600 new airliners through 2044. That is essentially the same as last year's edition, which projected demand for 43,975 new deliveries through 2043. European rival Airbus last week revised up its own 20-year commercial demand forecast by 2% to 43,420 jets, saying the air transport industry was expected to ride out current trade tensions. Boeing's delivery projection includes nearly 33,300 single-aisle airliners, just over 7,800 widebody jets, 955 factory-built freighters and 1,545 regional jets. Single-aisle jets include the 737 MAX and competitor Airbus's A320neo family and make up roughly four of every five deliveries now. While Boeing's deliveries projection is roughly the same, it pared down its 20-year forecast for passenger traffic growth from 4.7% in last year's outlook to 4.2% this year. Likewise, it lowered its global economic growth forecast from 2.6% to 2.3%, cargo traffic growth from 4.1% to 3.7% and fleet growth from 3.2% to 3.1%. Despite the lower projection for cargo traffic, Boeing Vice President of Commercial Marketing Darren Hulst told reporters in a briefing that trade volatility is not expected to significantly shift long-term demand. "I think we need to point back to the perspective that the last 20, 40, 60 years have given us in terms of the value of air cargo, and the fact that it's roughly a 4% growth market through all this time," he said. Since Covid-19, air travel demand has bounced back, but airplane production is only half or even less than what it was before the pandemic, resulting in a shortage of 1,500 to 2,000 airliners, he said. Both Airbus and Boeing have struggled to return aircraft production to pre-pandemic levels. Boeing has been dealing with production safety concerns following a 2024 mid-air blowout of a panel on a nearly new Alaska Airlines 737 Max. As a result, the U.S. Federal Aviation Administration capped 737 production at 38 airplanes a month. Boeing has significantly improved production quality in recent months, but the crash of an Air India Boeing 787-8 Dreamliner on Thursday put it back in crisis mode. CEO Kelly Ortberg cancelled his plans to attend the Paris Airshow in order to assist with the crash investigation. Global air travel is projected to increase by more than 40% by 2030, compared to the pre-pandemic high, according to the forecast. During the next 20 years, Boeing expects about 51% of demand for new aircraft to come from growth rather than replacing older airplanes. China and South/Southeast Asia, which includes India, are expected to account for half of that additional capacity, according to the outlook. North America and Eurasia account for more than half of projected deliveries for replacing older aircraft. China makes up an estimated 10% of Boeing's existing order backlog. The country paused taking delivery of new Boeing aircraft as China and the U.S. clashed over tariffs. However, deliveries are expected to resume this month, Ortberg said in May during an investors conference.
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