Less Ads, More Data, More Tools Register for FREE

Pin to quick picks-1x Boeing Share News (BAES)

Share Price Information for -1x Boeing (BAES)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 4.854
Bid: 4.8345
Ask: 4.8785
Change: 0.00 (0.00%)
Spread: 0.044 (0.91%)
Open: 4.854
High: 0.00
Low: 0.00
Prev. Close: 4.854
BAES Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

UPDATE 1-Britain plans to deepen security cooperation with Gulf

Wed, 07th Dec 2016 14:46

(Updates with GCC-British communique, previous LONDON)

DUBAI, Dec 7 (Reuters) - Britain plans to deepen securitycooperation with Gulf Arab countries and work with them tocounter Iranian actions in the region, Prime Minister TheresaMay said on Wednesday.

Addressing a meeting on the sidelines of the GulfCooperation Summit in Bahrain, May said Britain would investmore than 3 billion pounds in defence spending in the regionover the next decade.

"Gulf security is our security," May said.

Britain is trying to build on traditionally strong ties with conservative, oil-wealthy Gulf Arab monarchies before itsplanned departure from the European Union.

In a joint communique, the two sides said they intended tobuild on trade between Britain and the Gulf Cooperation Council(GCC) states, which stood at 30 billion pounds in 2015.

"We will make it a priority, when the UK leaves the EuropeanUnion, to build the closest possible commercial and economicrelationship," the statement said.

This included working to remove barriers to trade andinvestment.

The joint communique also said the GCC states and Britainwould work together to counter what they called "Iran'sdestabilising activities".

Gulf Arab states say Iran is trying to expand its influencein Arab countries, including Syria and Yemen. Since March lastyear, Saudi Arabia and other Arab allies have been fighting awar against Iran-aligned Houthi forces that had seized controlof Yemen.

The two sides also pledged to enhance defence cooperation, including efforts to defeat Islamic State and in maritime andcyber security through their new Strategic Partnership.

The statement stressed that regional conflicts can only beresolved through diplomacy.

Prior to the visit, Britain's close relationship with the Gulf States drew concern from human rights groups, includingcriticism of Saudi air strikes in Yemen which have killedhundreds of civilians. British military personnel have beeninvolved with the Saudi forces.

Human Rights Watch and other organisations sent a jointletter to May urging her not ignore rights issues in pursuit oflucrative business deals. They also highlighted a politicalcrackdown in Bahrain, where Britain has recently opened a navalbase.

Asked by a reporter aboard the British warship Ocean inBahrain on Tuesday whether Britain was selling its principlesfor profits by engaging politically with Gulf Arab states andselling them weapons, May said: "No. What is important is thatwe are able to raise these human rights issues with Gulf Statesand with other states around the world."

"In order to be able to do that we need to engage with thosestates," May said. (Reporting by Elizabeth Piper in London and Sami Aboudi andNoah Browning in Dubai, Editing by Angus MacSwan)

More News
8 Mar 2018 11:42

UPDATE 1-Dassault Aviation voices Brexit concerns as it posts higher profits

* Delays in UK/France drone project -Trappier * Dassault Aviation posts higher 2017 profits * Dividend up to 15.30 euros, 8 -

Read more
16 Feb 2017 17:16

UPDATE 4-Austria sues Airbus over alleged Eurofighter fraud

* Austria accuses Airbus of wilful deception, fraud * Relates to 2 bln euro order for Eurofighter jets * Airbus says denies accusations vigorously * Austria sees potential damages of up to 1.1 bln euros (Adds Airbus statement, details from press conference) By Kirsti Kno

Read more
16 Feb 2017 09:39

Austria sues Airbus, Eurofighter consortium over suspected fraud

VIENNA, Feb 16 (Reuters) - Austria filed a lawsuit on Thursday against Airbus and the Eurofighter consortium, alleging them of wilful deception and fraud linked to a 2 billion euro ($2.1 billion) order for Eurofighter jets in 2003, the defence ministry said. A recently completed ministry in

Read more
16 Feb 2017 05:38

Austria to sue Airbus over suspected Eurofighter fraud - APA

VIENNA, Feb 16 (Reuters) - Austria's defence ministry is set to file a lawsuit against Airbus accusing the group of wilful deception and fraud linked to a 2 billion euro ($2.1 billion) order of Eurofighter jets in 2003, APA news agency said on Thursday. A recently completed ministry investi

Read more
14 Feb 2017 17:20

Rolls-Royce weighs on FTSE 100 after five-day advance

* Rolls-Royce posts record reported loss * TUI jumps on improved results * Banks supported by hawkish Yellen comments (Adds closing prices, details) By Kit Rees LONDON, Feb 14 (Reuters) - Britain's top share index ended slightly lower on Tuesday, pausing after a five-day

Read more
14 Feb 2017 10:08

Rolls-Royce loss lies heavy on FTSE 100

(ADVISORY- Follow European and UK stock markets in real time on the Reuters Live Markets blog on Eikon, see cpurl://apps.cp./cms/?pageId=livemarkets) * Rolls-Royce posts record reported loss * TUI jumps on improved results By Kit Rees LONDON, Feb 14 (Reuters) - Britain's t

Read more
13 Feb 2017 17:04

UPDATE 1-Germany to buy six MKS-180 multi-role warships - ministry

(Adds details, cooperation with Norway) BERLIN, Feb 13 (Reuters) - German Defence Minister Ursula von der Leyen has decided to buy six MKS-180 multi-role warships instead of putting off a decision on two of those ships until 2030, her spokesman said on Monday. The ministry decided las

Read more
13 Feb 2017 15:20

Germany to buy six MKS multi-role warships - ministry

BERLIN, Feb 13 (Reuters) - Germany's Defence Ministry has decided to buy a total of six MKS-180 multi-role warships instead of four, as initially planned, a ministry spokesman said Monday, without providing a new cost estimate for the programme. The ministry decided last October to delay a

Read more
10 Feb 2017 18:54

UPDATE 1-BAE, Northrop, SAIC, others in $3.04 bln U.S. defense contract

(Adds Raytheon) WASHINGTON, Feb 9 (Reuters) - A group of companies including subsidiaries of BAE Systems, Northrop Grumman Corp , Science Applications International Corp, Teledyne Technologies Inc and KBR Inc will share in a $3.04 billion missile defense contract, the Pentagon said on Thurs

Read more
10 Feb 2017 17:51

German, Dutch militaries agree to deepen cooperation -source

By Andrea Shalal BERLIN, Feb 10 (Reuters) - The German and Dutch militaries have agreed to further deepen defence cooperation this year by putting a German short-range air defence unit under the command of the Dutch military, a source familiar with the plans told Reuters on Friday.

Read more
9 Feb 2017 22:47

BAE, Northrop, SAIC, others in $3.04 bln U.S. defense contract

WASHINGTON, Feb 9 (Reuters) - A group of companies including subsidiaries of BAE Systems, Northrop Grumman Corp , Science Applications International Corp, Teledyne Technologies Inc and KBR Inc will share in a $3.04 billion missile defense contract, the Pentagon said on Thursday. The order-d

Read more
8 Feb 2017 00:00

UPDATE 2-Airbus strategy chief Lahoud to leave European group

(Adds background) By Tim Hepher PARIS, Feb 7 (Reuters) - Airbus strategy chief Marwan Lahoud, one of the founders of Europe's largest aerospace group and its M&A czar for the past decade, is leaving the company at the end of February, Airbus said on Tuesday. His successor was no

Read more
3 Feb 2017 16:32

UPDATE 1-Lockheed to announce $8.5 billion F-35 order on Friday-sources

(Adds background, graphic) By Mike Stone WASHINGTON, Feb 3 (Reuters) - The U.S. Department of Defense and Lockheed Martin Corp are set to announce a deal worth about $8.5 billion for 90 F-35 jets on Friday, people familiar with the talks said. The deal for the tenth batch of the

Read more
28 Jan 2017 14:30

Britain, Turkey sign defence deal to develop Turkish fighter jet

ANKARA, Jan 28 (Reuters) - Britain and Turkey signed a defence deal worth more than 100 million pounds ($125 million) on Saturday to develop Turkish fighter jets, opening the way to deeper cooperation over the lifetime of the project. In Ankara to strengthen ties with Turkey as she navigate

Read more
24 Jan 2017 13:00

REFILE-EXCLUSIVE-Germany nears decision to beef up short-range air defences - sources

(Fixes dateline to Jan 24. No changes to text) * Defence systems gap has caused concern among NATO members * Procurement programme 460 million euros - source * Germany under pressure from Trump to up military spending By Andrea Shalal BERLIN, Jan 24 (Reuters) - Germa

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.