Shares of U.K. defense contractor BAE Systems rose 4% as U.K. Prime Minister Keir Starmer pledged to increase the country's defense spending, to 2.5% of GDP by 2027, from 2.3% currently, and to 3% of ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. BAE Systems is confident of meeting higher demand for weapons if governments were to increase their ...