military spending

Russia’s economy grows 1.3% in Q2, beating forecasts

Russia's economy returned to growth in the second quarter of 2026, expanding 1.3% year-on-year after contracting for the first time since 2023 at the start of the year, according to data released Wednesday by the Federal Statistics Service, Rosstat. The…

BAE Systems raises 2026 outlook after 11% profit jump

BAE Systems on Thursday raised its full-year 2026 outlook after reporting an 11% increase in first-half profits, while German rival Rheinmetall posted preliminary second-quarter results that blew past analyst expectations, underscoring the windfall flowing to Europe's defense sector as governments…