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Shanghai’s AutoFlight wins approval for unmanned aircraft in nascent market forecast to be worth $1.5tn a year by 2040
Paul Keel in line for multimillion-dollar pay rise despite jumping to a company half Smiths’ size
Investors want to know whether electric-car maker is in the midst of a major change in direction
Comments from head of one of region’s biggest arms makers come as bloc debates first defence industrial strategy
Premier set to approve plans to replace current amphibious fleet with multi-purpose support ships
Victory was part of a $40mn campaign to organise workers at 13 mostly foreign-owned carmakers across the US
Wreckage photographed in Iraq indicates how Israeli jets hit back at Tehran from afar
The Czech billionaire has a month to make a formal bid after his £4.5bn indicative offer was rejected
Expect more deals after Prysmian’s acquisition of Encore Wire
President Yoon Suk Yeol has pledged to target private use of company vehicles
Bad driving is probably playing a bigger role in the fatality rate than larger cars and longer journeys
Quarter-on-quarter drop provides some relief for households but quotes are up 43% from a year ago
Whistleblower says he was told to ‘shut up’ after raising questions about 777 and 787 aircraft
Tesla wants to relocate its corporate domicile but institutional investors like Delaware’s sophistication and predictability
Delaware court previously voided chief executive’s $56bn remuneration
Dave Calhoun was awarded a 45% increase in total pay last year
Pedal to the metal, balls to the wall, margins to the floor
US also to probe Chinese shipbuilding as president’s re-election campaign fights for votes in Pennsylvania
Also in this newsletter: EU citizens care more about security and defence than climate
French manufacturer nears deal with British government that could prevent job losses at Derby factory
Carlos Tavares’s controversial remuneration deal of €36.5mn was rejected by almost 30% of shareholders
FTSE 100 group agrees sale to Memphis-based rival as industry consolidation quickens
Also in this newsletter: the far-right politicians descending on Brussels
Pace of post-pandemic development a wake-up call for western companies
Aircraft maker says testing found ‘zero’ evidence of fatigue stress in composites used in wide-body jet
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