The German military has ordered several hundred thousand artillery shells in a deal with Rheinmetall as it works to replenish stocks dented by the war in Ukraine, the defence company said on Tuesday.
Cummins Inc said on Monday it would invest more than $1 billion across its U.S. engine manufacturing network to upgrade some facilities to support new clean energy technologies.
Toyota Motor Corp announced on Monday it is building a new $1.29 billion battery plant in North Carolina as it moves to expand its hybrid and electric vehicle efforts.
Shares in Fincantieri fell 4.6% on Wednesday, hit by the prospect of a possible capital increase, which a source said would be necessary if the Italian shipbuilder went ahead with an acquisition it is considering in the defence sector.