Some European markets closed today
The exterior of the Six Swiss Exchange in Zurich, Switzerland, on Aug. 22, 2019.
Stefan Wermuth | Bloomberg | Getty Images
Several European countries, including France, Belgium, Germany, Norway, the Netherlands and Switzerland, are observing the Christian holiday Ascension Day on May 29.
Most major markets will be open for trade through the holiday.
— Chloe Taylor
German defense firm Renk looks to struggling auto sector for new talent as it scales up
Tank parts maker Renk is eyeing up talent from the auto sector as it races to scale up and fuel growth in the wake of rising geopolitical tensions and soaring military spending.
Earlier this year Germany passed a historic fiscal package that enabled a steep increase in the defense spending capabilities of Europe’s largest economy. The 27-member state bloc is scaling up its defense efforts amid the war in Ukraine and the increasingly strained…
