Opinion

As Europe rearms, Italy’s fragmented space sector faces a scale test

As Europe rearms, Italy’s fragmented space sector faces a scale test

Italy's fragmented space industry is facing growing pressure to consolidate as defence and government customers increasingly favour larger suppliers capable of handling complex programmes. The shift reflects a broader push across Europe to build strategic autonomy in defence and critical...

Can nicotine pouches drive Big Tobacco’s future beyond cigarettes?

Can nicotine pouches drive Big Tobacco’s future beyond cigarettes?

Fast-growing nicotine pouches have emerged as one of Big Tobacco's most important bets on a future beyond cigarettes, offering rapid growth, attractive margins and, for now, lighter regulation than many rival smoking alternatives. Investors are increasingly focused on whether brands...

Climate damage: the next hit to Europe’s public finances

Climate damage: the next hit to Europe’s public finances

Someone will have to pick up the tab for the damage wrought by Europe's increasingly volatile weather, and with the bulk of those economic losses uninsured, that will be the public purse unless immediate action is taken. This year's wildfires...