HSBC drags FTSE lower
LONDON British shares lost 0.2 percent on Tuesday, weighed by banking stocks as a week of full-year earnings releases for major listed banks began with HSBC's profit slump.
WASHINGTON A group of companies including subsidiaries of BAE Systems (BAES.L), Northrop Grumman Corp (NOC.N), Science Applications International Corp (SAIC.N), Teledyne Technologies Inc (TDY.N) and KBR Inc (KBR.N) will share in a $3.04 billion missile defence contract, the Pentagon said on Thursday.
The order-dependent contract is for a "research and development effort for the design, development, demonstration, and integration, domain-one of space/high altitude and missile defence hardware and software solutions," the Pentagon said in a statement.
Other participants include privately held Dynetics Inc, Raytheon Co (RTN.N) and QWK Integrated Solutions LLC, which is a joint venture owned by a KBR subsidiary, Kratos Defense and Security Solutions Inc (KTOS.O) and privately owned Vencore Inc.
(Reporting by Eric Walsh)
LONDON, (Reuters) – - Chancellor Philip Hammond appears to be on track to meet his first budget deficit target after a strong tax payments in January, reflecting the economy's resilient response to last year's Brexit vote.
Feb 21 Eurozone private sector and manufacturing growth unexpectedly accelerated to near a six-year high in February and job creation reached its fastest since August 2007, propelled by strong demand and optimism about the future, a survey found.