Benelux

AirAsia, a Malaysian budget carrier, has ordered 150 A220-300 jets designed in Canada from Airbus. This is the largest single-firm order for the jetliner ever. The companies announced this at an event held in Quebec on Tuesday. Airbus' commercial aviation CEO Lars Wagner stated that AirAsia was the "launch customer", of the new 160-seat configuration. AirAsia's CEO Tony Fernandes stated that his airline would "buy" 150 more aircraft if Airbus made a stretched version the A220 jet. The announcement confirms previous reports about a deal to purchase 150 A220-300?jets. Fernandes stated that the order is worth $19 billion. This is...

Lufthansa reported ?better-than-expected first-quarter results on Wednesday and maintained ?its outlook for the year as strategic hedging helped the ?airline sidestep the ?impact of a war-driven ?rise ?in jet fuel prices, while labour disruptions were kept largely under control. The group said that the spiking prices of jet fuel would add an extra 1.7 billion euro ($1.99 billion), to its fuel bill. However, it added that they were in a position to minimize this negative impact. The Middle East crisis is causing a surge in demand for Lufthansa hubs as travelers reroute to them. Carsten Spohr, Chief Executive of Lufthansa,...

Here are some company news and stories that could impact the markets in France and Benelux or individual stocks. ACCOR: The French hotel group Accor announced Q1 revenues of 1,31 billion euros - with RevPAR increasing by 5.1%. They noted that the Iran War had a greater impact on Middle East business activities from mid-March. ADYEN: Dutch payment?company Adyen has announced that it will acquire Talon.One in exchange for 750 million euros. The company also reported a 20% increase in revenue during the first quarter, reaching 628.8 millions euros. AEROPORTS de PARIS (ADP), Groupe ADP, a French airport operator, announced...

Amsterdam's Schiphol Airport will offer a temporary 10% discount on airport fares to help offset the higher fares caused by the Middle East conflict. Schiphol will temporarily offer 10% off airport charges from April 27, 2027 to March 31, 2020. Schiphol is one of Europe's busiest airports and also the most expensive. The 10% discount will only be available for daytime flights. The airport said that it was taking the measure as airlines' costs had risen sharply and unexpectedly due to high kerosene. Airport Schiphol said that the measure would have a "temporary" negative impact on Schiphol’s financial results. However,...

Two top executives in the shipping sector said that they wanted to see a safe and sustainable passage through Strait of Hormuz before much oil or cargo leaves or enters the Gulf. We thought that there was some hope when, two weeks ago, the temporary ceasefire came into view. In reality, the agreement did not translate into safety and passage for the vessels", Jotaro Tamura, chief executive officer of Japan's Mitsui O.S.K. Lines in an interview conducted on the sidelines the Singapore Maritime Week. MOL is one of the largest shipping companies in the world and is the leading owner...

Two top executives in the shipping sector said that they wanted to see a safe and sustainable passage through the Strait of Hormuz before much oil or cargo leaves or enters?the Gulf. We thought that there was some hope when, two weeks ago, the temporary ceasefire came into view. In reality, the agreement did not translate into safety and passage for the vessels", Jotaro Tamura, chief executive officer of Japan's Mitsui O.S.K. Lines in an interview conducted on the sidelines the Singapore Maritime Week. MOL is the largest shipping company in the world and also the owner of the most...

Here are some company news and stories from France and Benelux that could have an impact on a region's market or individual stocks. EIFFAGE: Eiffage, a French construction and concessions company, increased its stake to 29.40% in Getlink through an investment of 166.7 million euros ($192.37 millions) financed by cash reserves. This investment strengthened its position as Getlink's largest shareholder. SYENSQO N.V. Belgian'specialty chemicals' company Syensqo is redeeming all of its senior bonds of 500 million euro 2.750% fixed rates on March 31, 2026. MEDINCELL S.A. Pan-European market data: European Equities?speed guide................... FTSE Eurotop 300 index.............................. DJ STOXX?index................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ Top 10?STOXX...

Midi Station, the largest station in the city, was evacuated by police on Monday after a suspicious bag was found. This was one day after the 10th anniversary of the deadly terror attacks. A police spokesperson said that the station was closed when a suspicious bag was discovered in a train, and another one on a platform. He added that police officers and a?anti-explosive army squad were investigating these bags. State-owned railway operator SNCB spokesperson Vincent Bayer said that most train traffic in Belgium's capital passes through the Midi Station, but since 5.30 pm (1630 GMT), no train has arrived...

Global airlines halted flights across the Middle East Saturday, after Israel and the United States launched attacks on Iran. The strikes plunged the region into another military conflict. As Israel claimed to have struck Iran and the U.S., flight?maps showed that the airspace above Iran, Iraq Kuwait, Israel and Bahrain was virtually empty. The?military launched a series strikes against the targets within the country. Iran responded with a salvo missiles. According to Cirium's preliminary data, airlines cancelled nearly 40% of flights into Israel on Saturday and 6.7% to the rest of the region. Witnesses reported explosions in Doha in Qatar,...

Global Airlines suspended flights across the Middle East Saturday, after Israel and the United States launched strikes against Iran. This plunged the region into another military conflict. Flight maps showed that the airspace over Iran was almost empty after Israel claimed to have struck Iran, and the U.S. military launched a series strikes against Iranian targets. Iran responded with a salvo missiles. The escalated conflict has dimmed the hopes of a diplomatic resolution to the nuclear dispute between Iran and the West. It also reignited the conflict following weeks of U.S. Military buildups in the area. The Middle East is...

Belgian newspaper Gazet van Antwerpen reported 'on Thursday that Prime Minister Bart De Wever had confirmed the installation of an air-defence at Antwerp Port. Last year, Belgium was forced to close a military base and several airports due to multiple drone sightings. Drones have also been spotted above?the port?of Antwerp including over the nuclear power plants, the BASF chemical plant and the Europa terminal. "An air-defence is coming to the port of Antwerp." According to the newspaper, De Wever stated that the Nasams-type system had already been ordered. The newspaper also stated that the?defence?ministry has specified that the first?battery?of the?air-defence?system...

Here are some company news and stories that could impact the markets in France and Benelux or individual stocks. AMG CRITICAL MATTERS AMG, a Dutch producer of critical materials, reported a Q4 revenue of?$446.6 million. The company's adjusted EBITDA was $43 million. It reported yearly adjusted EBITDA at $235 million. AMG proposed a total 2025 dividend per share of 0.40 euro and expected 2026 adjusted EBITDA to be between $210 and 240 million. EIFFAGE: Eiffage, a French construction and concessions company, reported a full-year revenue totaling 25.31 billion euro ($29.90 billion), and a net profit of 1 billion euro attributable...

InPost, the parcel locker company that was the target of an 'offer by a FedEx and Advent led consortium, reported a core profit in the first quarter of the year, which exceeded market expectations. Growth in Poland and in the Eurozone helped offset costs associated with the integration of Yodel into Britain. The adjusted earnings before interest taxes, depreciation, and amortisation were 902.2 million Zlotys (249.0 millions) in the third quarter. This was above a consensus estimate from the company of 856million Zlotys. InPost's Poland division, which is still its main source of profit, saw its first-quarter deliveries increase 8%,...

The top American companies, from GM and Coca-Cola to Coca-Cola, are trying to reassure their investors that they will be able to weather the financial fallout of the Iran War despite the fact that fuel prices and packaging costs have risen. Since the beginning of the conflict, oil prices have increased dramatically. This has pushed up the cost of inputs in industries that are already under pressure from U.S. Tariffs. This increase forces companies to consider price increases at a time consumers are already feeling the strain. Reviewing company statements from the'start of war' revealed that 24 companies had withdrawn...

DHL Express Europe's CEO Mike Parra stated on Thursday that the company will continue to invest in the Middle East despite the conflict in Iran, as the region plays a crucial role for its business over the long term. The Deutsche Post DHL Group has announced investments of more than 500 millions?euros (577 million dollars) in the Middle East, especially in Saudi Arabia and the United Arab Emirates. Parra, a journalist in Amsterdam, said: "Investments continue in the Middle East. We see the Middle East as having a key role for us from a long-term standpoint." The U.S. and Israeli...

The British money manager Aberdeen will vote against a proposed 7,8?billion euros ($9.25 billion),?takeover by a consortium led?by FedEx of the parcel locker company?InPost, claiming that the offer undervalues it materially. According to LSEG 'data, the firm holds a 0.2% share in InPost. It urged InPost to reconsider its support for the "unjustifiably" low 15.60 euros cash offer per share. According to an excerpt from a letter, Matthew Peacock is a research analyst with Aberdeen Investments. He said that the offer was opportunistic and aimed to exploit a temporary drop in the share price to the detriment of long-term shareholders....

Belgian postal operator Bpost, publishers DPG Media, Mediahuis and distributor PPP were 'held liable' for rigging public procurements for newspaper distribution, said the Belgian Competition Watchdog on Friday. Bpost, who had notified the authorities following an internal audit in 2022 that revealed signs of malpractice, would receive full immunity from any fines as part of a leniency program, said the regulator. The investigation cost Dirk Tirez, the then-CEO of the postal group, his job. In a press release, the regulator stated that the common goal of the companies was to make sure that bpost would receive the newspaper distribution concession...

Belgian postal operators Bpost and DPG Media, as well as Mediahuis, were 'held liable' for rigging public procurements?for distribution of newspapers. This was announced by the Belgian competition watchdog on Friday. Bpost, who had notified the authorities following an internal audit in 2022 that revealed signs of malpractice will be exempt from all fines as part of a leniency program, according to the regulator. Dirk Tirez's job was ultimately cost by the investigation. The regulator stated in a?press?release that the common?objective was for the companies to work together in order to make sure that bpost would be awarded the 2023-2027...

The companies announced on Monday that a consortium led by FedEx investors and InPost investors had agreed to purchase the parcel locker business in a deal worth 7.8 billion euros ($9.2 billion). This will allow InPost to expand its reach throughout Europe, while giving FedEx the opportunity to access the locker network. The 15.60 euro offer price per share is a 17% premium over InPost's Friday closing price, but below InPost 2021 IPO's 16 euros. The Amsterdam-listed shares opened at a 14% increase, trading at highs of May 2025. Hein Pretorius is the chair of InPost’s supervisory board. He told...

These are the most popular stories from the Wall Street Journal. These?stories have not been?verified and we cannot vouch for the accuracy of these stories. A consortium consisting of the U.S. private equity firm Advent International, the logistics company FedEx and investment companies A&R & PPF have agreed to buy Polish parcel delivery provider InPost. The deal is worth $9.22 billion. Innovent Biologics, a Chinese drugmaker, has partnered with Eli Lilly to develop a new treatment that could earn?upwards of $8.5 billion through milestone payments. - Grocery giant Kroger is planning to hire Greg Foran as its new chief executive....

InPost, a parcel?locker provider, reported on Wednesday that its fourth-quarter delivery volumes rose by a record?30% compared to the previous year. The company said that the growth was due to a strong business-to consumer growth, and momentum on its international markets. This was supported by strategic acquisitions made in Britain and Spain. InPost?also?said a special comittee continues to evaluate the?indicative?offer for all of its shares that it received from a?party unnamed, as announced on?6th January. The company reported that in Poland, the fourth-quarter volume rose by 5%, reaching a record high of 220.2 millions parcels. This was largely due to...

European shares rose?on?Tuesday, with indexes from Germany and Spain reaching record highs. Investors were confident about the economy despite increasing geopolitical tensions. STOXX 600, the pan-European stock index, ended 2018 with its biggest gain since 2021. This was largely due to falling interest rates and increased defence spending. Analysts say that while returns this year may not be as great, there is still room for growth. Matthew Sherwood is a senior global economist with Economist Intelligence Unit. There's still a cautious optimism. There are also things in motion that support growth. Goldman Sachs increased its 12-month target price for the...

InPost, a parcel locker company, said that it received a proposal on Tuesday for the potential acquisition of its entire shares. This pushed its share price sharply upwards. InPost declined to disclose the identity of the person who approached them, and said that it was not certain that the proposal would lead to a deal. The spokesperson for the company declined to comment. The company has never publicly stated that it was looking for a purchaser. InPost shares were up 16% as of 0823 GMT,? bringing the market value to approximately 6.7 billion euro ($7.86billion). On Monday, the company's stock...

The European stock market remained stable on Tuesday after a strong surge in the previous session. Higher precious metal prices lifted stocks of basic resources. The rally has remained resilient, as investors continue to rely upon expectations of economic strength despite increasing geopolitical tensions after U.S. attacks on Venezuela. The pan-European STOXX 600 index has gained 0.3% by 0814 GMT. This is a day after gains from defence and energy shares have propelled the index past 600 points for the first time. The index of basic resources rose by 1%, due to the higher price of precious metals. The?DAX in...