By Cristina RocaShares in Thales SA traded higher Monday after the Australian government said it would pay 555 million euros ($583.7 million) to Naval Group to settle a terminated contract to buy French submarines. The French aerospace-and-defense company owns 35% in Naval Group, while the French state owns 62.25%. At 0754 GMT, shares in Thales traded 4.9% higher at EUR117.10.

Source: Wall Street Journal June 13, 2022 08:00 UTC