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Germany has sent two Patriot systems to Ukraine but is reluctant to give more

Acquisitions of investment shops have been viewed as a means of catapulting ahead in $1.7tn private credit market

Chief executive of Arla blames drop in milk production on lack of clarity about EU regulation

Leonardo chief executive calls for investment in region’s defence sector as well as alliances to increase competitiveness

Western countries’ push to strengthen Ukraine’s military has sent demand for ammunition soaring

Euro surges after pressure builds on continent’s governments to boost military spending

Donald Trump has called on European governments to boost their defence budgets

Market conditions are reminiscent of the soft landing that followed Alan Greenspan’s ‘Fed pivot’