rheinmetall going down 4.8%. a 3% drop for swiss re.'s head to annette with more on this with the rheinmetall going down 5%. annette. >> reporter: rheinmetall is having high expectations and not meeting them for the first quarter. it is a miss on sales and operating income. the company's underlining momentum iss still going strong. you have to look at the share development since the outbreak in the war in ukraine. the ceo is not shy in actually promising to grow the company further. currently, what they are doing is constructing two new plants. one in lithuania and one in germany to build up the ammunition capacity. clearly, that is a very scarce commodity in building up military spending across the globe. if that plan actually goes according or if the plans build p up ammunition capacity, rheinmetall could be the biggest ammunition producer in the world by 2026. the ceo is saying recently in the interview is that they are going to benefit by roughly 30% to 40% from any special spending on military things or products in germany that cou

according to them, rheinmetall accumulates old tanks and sells them to kiev along with ammunition, making large profit. but in the usa, not all contractors are. the pentagon supplies arms to kiev. artyom krosulin will tell you why they are eager to conclude contracts. position of the armed forces of ukraine on the front is deplorable, which means danger is approaching europe. guided by this logic, the official oslo announces an increase in spending to support the kiev regime. this year norway plans to spend about 2 billion euros for these purposes. we will increase support to ukraine in 2024 by 7 billion crowns. this means the total amount of assistance. norway this year will amount to 22 billion crowns. this decision was made for the safety of norway and europe as a whole, since the situation in ukraine has become more serious and more unpredictable. not really understand the essence of what is happening at the front in washington, says former intelligence officer scott ritter. according to him, the president does not receive reliable information from his administration. intelligence has

the earnings picture will be of questions with rheinmetall out of germany has been reporting. we are watching out for those numbers. interestingly enough, we have news from the mining sector with anglo american deciding to strategicallyrestructure its business and diffivest from the platinum and even the nickel business is in question. they don't want to divest from the iron/ore business. what does that mean in the context of bhp looking to purchase anglo american? it seems like the fight continues. this comes shortly after anglo american actually said no to bhp's 34 billion pound offer not so long ago. we will see what it means for the overall market. the ftse 100 is still above 8,400 points. very close on to the record figure overall. you are seeing the sectors with the likes of autos being the ones that the market is looking toward here up .80%. utilities gaining .30%. travel and leisure is down more than 1% as we head toward the summer. that's the picture for you right now. basic resources sits .50% down off the anglo american news. anglo american is down significantly in