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Breaking DefenseGerman defense firm Rheinmetall reported €1.9 billion in first-quarter 2026 sales, an 8 percent increase from a year earlier. The company disclosed initial results from its new naval systems unit following the acquisition of Naval Vessels Luerssen, with a €5.5 billion order backl…
The IndependentWalt Disney reported revenue of $25.2 billion for the January through March period, exceeding analyst estimates of $24.78 billion. Shares rose more than 4 percent in premarket trading. New chief executive Josh D'Amaro projected 12 percent adjusted earnings growth for fiscal 2026.
koreatimes.co.krCoupang reported a bigger-than-expected loss for the March 2026 quarter and warned of slower revenue growth for the year. The results reflect the impact of a historic cyber-intrusion on South Korea's largest online retail platform. Spending has been depressed across the platform…