Western Europe

Here are some of the main factors that could affect Swiss stocks on Friday: H1 net income CHF 105.2 millions. GEORG FISCHER The expected proceeds of CHF 220 MILLION from the divestment and sale of the?industrial gas-turbine business will be used to reduce debt. Company Statements Novartis ?Fabhalta Receives FDA Approval. ANALYSTS VIEWS FLUGHAFEN ZUERICH AG-Jefferies raises the target price from CHF 246 to?CHF252? ECONOMY No major Swiss economic data scheduled. (Reporting by Zurich newsroom and Gdansk newsroom) |1|For Top News in ?a multimedia Web format on Eikon visit: https://bit.ly/2NDFd6g FOR ?RELATED PRICES, NEWS AND ?OTHER ?TOPICS, DOUBLE-CLICK ON: Daily...

Here are some company news and stories that could impact the markets or stocks in France and Benelux. PARIS AIRPORTS/AIRFRANCE KLM: France’s civil aviation authority has asked airlines to reduce flights by 20% at Paris-Orly airport on Thursday evening, due to storm risk. Delays are also expected at Paris Charles de Gaulle Airport. AEROPORTS de PARIS SA : The Paris airport operator reported that June group traffic dropped 1.4%, to 33.4 millions passengers. It also revised its 2026 passenger traffic growth projection for Paris from a range of 1.5-2.5% to 0.5%. AEDIFICA: Aedifica, a Belgian investor in healthcare real estate,...

Ireland's Transport Minister lifted a passenger cap at Dublin Airport on Thursday after President Catherine Connolly signed a new law. The government is under pressure to lift its 32 million passenger limit per year, which has been suspended in anticipation of a ruling from the European Court. Last year, the airport exceeded its limit by four million passengers. Irish Transport Minister Darragh O'Brien welcomed Connolly's signing of the law and expressed his hope that an order would be issued to "amend or repeal the cap" as soon as possible after an environmental assessment. He said, "I intend to immediately begin...

A court in Italy sentenced Giovanni Castellucci, the former CEO of Atlantia, to 12 years in prison on Thursday for the fatal 2018 collapse of an autobahn bridge in Genoa's port city in the northwest. Atlantia owned the majority of shares in the motorway operator Autostrade per l'Italia when the tragedy occurred. 43 people were killed as their cars plunged off the flyover. The court was packed with relatives of the victims to hear the verdict of a case that became a symbol for the slow pace of justice in Italian criminal proceedings. The Italian legal system allows for at...

Iran warned that if U.S. strikes continue, its campaign to choke global energy markets may expand from the Strait-of-Hormuz?to the crucial Red Sea route. This threat is dependent on the Houthi allies of Iran in Yemen. Here's why it matters, and what that means for the Iran War and the global energy crises: How big is the risk to global energy markets? The Bab el-Mandeb strait, the gateway to the Red Sea, would be closed and open a whole new front in the conflict between Iran and the U.S. The Red Sea is now an important alternative outlet for Gulf...

White paint is a simple, yet effective, solution to the aging infrastructure of Europe's railways, which are buckling under record temperatures, melting roads and straining power grids. Drones, AI-powered sensors and AI-powered sensors, to name a few, have been used to inspect tracks. Workers at the Oslo Airport in Norway sprayed water on the tarmac to 'keep it cool'. The temperature was expected to reach 30 degrees Celsius, 10 degrees above the normal average for this time of the year. The country is adjusting to the rising temperatures in Europe, which are fueling wildfires and killing thousands. Infrastructure is also...

The Dutch court rejected Glencore’s bid to buy back Access World Group, its former logistics unit through a private transfer. Opponents said that the price proposed was too low. According to a ruling of the Amsterdam District Court dated July 2, which was released last week, Glencore, a London-listed company, could not transfer Access World Shares?to Tironimus. Hearing was held on 21 May. The court stated that Glencore did not demonstrate that a public auction was harmful. The court added that Tironimus might participate as a bidder at a public sale that could also identify other potential buyers. Glencore sought...

Andrea Cerulli was driving his car to work in the port of Voltri on the western edge of Genoa when the Morandi Motorway Bridge collapsed under him. He was one of 43 people who died in the worst infrastructure disaster in Italy in years. Cesare Cerulli, son of Cerulli, has spent the last eight years completing high school. He also passed his final exams, and will be starting university in the fall. When his father died, he was only 10 years old. He is now an adults. Cesare, along with dozens of relatives of victims, will return on July 16...

The container carrier, operated by CMA CGM, refuelled?with the ethanol during a port stop in Santos, Brazil. This is the first time this type of fuel has been used to move the engines of deep-sea vessels in Brazil. CMA CGM IRON received 650,000 liters anhydrous alcohol from Brazilian ethanol and Sugar merchant Copersucar in a refueling service provided by Danish marine services group Bunker One. The CMA vessel, one of the 12 vessels operated by the group, is equipped with a trifuel engine. This engine can run on any combination of bunker fuels or methanol. The CMA vessel is a...

Drones are cheap, mass-produced and have revolutionized modern warfare. They expose critical energy infrastructure to be the Achilles heel of modern economies. Unmanned aircraft have proven to be able to evade air defences on the battlefields in Ukraine, Russia, and?the Middle East. This has made oil refineries and power stations as well as export terminals, pipelines, and even power plants, prime targets. The implications for the energy sector are huge. Drones that cost a few hundred dollars or a few thousand dollars each can threaten facilities that have taken decades to build and billions to invest in. This shifts the...

Vinci Airports is a subsidiary of France’s VINCI Group. It expects the growth of air traffic to slow down through the end of the year, as high jet fuel prices, and geopolitical tensions, weigh on the aviation sector. However, it does not see major airline capacity reductions and is still open for expansion in Mexico and other places. Vinci Airports CEO Remi Mamon de Longevialle said during a trip to Mexico that there was "new volatility" in the markets, citing tensions between the Middle East and Asia. "Traffic may grow a bit slower than last year." Maumon de Longevialle, the...

The latest heatwave in Europe was a painful reminder that climate change is not just about cutting emissions. Temperatures in parts of Western Europe reached 40 degrees Celsius, or 104 degrees Fahrenheit. Roads buckled, rail tracks warped and traffic lights malfunctioned. Transport operators also imposed speed restrictions or cancelled services. According to the U.N. Economic Commission for Europe, transport infrastructure in the region is more exposed to thermal stress and deformation of rails as heat extremes increase. Decarbonisation has dominated Europe's narrative on infrastructure spending for years. Investors have focused on windmills, solar panels and electric vehicles. A different infrastructure...

Three sources with knowledge of the matter said that Egypt has been in discussions?with energy giants such as Shell, TotalEnergies, and BP - to buy 15-18 cargoes per month of 'liquefied 'natural gas for at least three year. The talks take place as Egypt struggles to meet the rising demand for domestic LNG and global LNG markets are tight due to the Iran conflict. This has led to a reduction in shipping through the Strait of Hormuz, and increased competition between buyers to secure supplies. Two sources confirmed that talks were?ongoing' with Shell, TotalEnergies and BP, as well as commodities...

Portugal and Morocco said they would ask the European Commission to consider funding a long-promised power interconnector that connects the two countries. They will also explore private sector investment. The crippling power "blackout" in Spain and Portugal that occurred in April 2025 revealed the Iberian Peninsula’s limited electrical links with Europe. This helped revive plans for the Portugal-Morocco connection first studied in 2018. Iberia only has 3% of its total electricity capacity interconnected with neighbouring European countries. This is well below the EU's target of 15% for 2030. A link to?Morocco could strengthen the energy security of Portugal, which is...

Houthis, who are allied with Iran, in Yemen, will blockade Saudi Arabia's maritime traffic, they announced on Monday. This would further restrict a global market for energy, which is already severely restricted due to Iran's closing of the Strait?of Hormuz. Why it matters, and what it means to the Iran War and the global energy crises: How big is the risk to global energy markets? It's not clear what the Houthis will do to blockade Saudi Arabia along the Red Sea Coast, their northern neighbor. Or if they would return to attacking shipping. Yemen is located on the strait of?Bab...

The energy ministry announced on Friday that Azerbaijan’s oil and condensate production fell from 13.7 million metric tons in the same period last year to 13.3 millions metric tons in this time frame. Azerbaijan’s gas production from January to June increased to 25.4 billion cubic meters from 25.2 billion cube metres in the same period last year, while oil exports fell to 10.2 millions tons from 11.6million tons, according to the report. BP, a British company, reduced its Azerbaijan oil?production to?7.9 millions tons from 8.0million tons a year ago. Gas exports into Europe dropped to?5.9 billion cubic meters from 6.1...

At least two people have died in violent thunderstorms that hit France overnight after a prolonged heatwave. French media and the local grid operator Enedis reported that 53,000 households had no power on Friday. * A woman was killed in Saint-Victurnien in central Haute-Vienne after a tree fell on her Thursday evening. In 'Dolomieu, to the east, a man died late Thursday night after a lightning strike ignited a fire in a workshop. Enedis, the grid operator, said that on Friday 53,000 households had lost?power. The cuts were mainly in the Auvergne-Rhone-Alpes region in the 'Southeast' and in Nouvelle Aquitaine...

These are the most popular stories from the Wall Street Journal. The?has not checked these stories or?cannot?guarantee their accuracy. Databricks, a provider of data analytics, has raised a round of strategic funding valued at $188 billion. The U.S. Food and Drug Administration announced that Taco Bell owned by Yum Brands would stop using shredded iceberg sourced from a supplier that has been linked with a parasitic outbreak causing a severe form of diarrhea and vomiting. Honda Motors will stop?the production?of its Prologue SUV, which is sold?in America?this?year. Honda Motors will not cancel sales immediately, but expects to continue them until...

Fuel shortages are affecting Russians in all 11 time zones. Ukrainian attacks on oil refineries have disrupted supply and caused long queues, high gasoline prices, and even rationing?in some regions. Fuel access has improved in Moscow and other cities, mainly due to measures such as increasing imports and clearing low-quality fuels for use. However, the situation in Russian-annexed Crimea is still tense. Fuel shortages began in June, when some regions began to restrict gasoline and diesel use. Here is the situation in some Russian regions: CENTRAL RUSSIA According to 'witnesses, local media, and service aggregators who monitor the availability of...

Trafigura has "walked away" from a proposed 2,050 megawatt transmission line that would have transported surplus hydropower in Angola to copper mines and cobalt deposits in Zambia and the Democratic Republic of Congo, according to two sources who are directly involved. This is one of three private-backed transmission projects, worth billions, that aim to supply electricity from Angola – which has an abundance of stranded hydropower – to vital minerals operations in neighbouring countries facing power shortages. Trafigura signed a non-binding agreement in July 2024 with the Angolan Government and engineering firm ProMarks to conduct feasibility studies. One industry source...

In the last two weeks, Ukrainian forces have intensified their attacks on Russia's infrastructure for energy. Fuel shortages are worsened by the drone attacks in Russia. People have reported high prices and long lines at fuel stations in most regions. Here is a brief summary of recent attacks, starting with the latest. SALAVAT According to industry sources, the Salavat Petrochemical Complex, located in Bashkortostan's Urals region, stopped operations on July 14th following an attack by a Ukrainian drone. A fire broke at the Afipsky refinery, in southern Krasnodar Region of Russia. The cause was drone debris that fell from the...

At least two people were arrested on suspicion of starting the fire in a forest near Paris. Laurent Nunez, Interior Minister, said on Monday evening that "it is not under control." The main fire in Fontainebleau, and a second one that began nearby on Monday afternoon, had scorched over 1,300 hectares (3.212 acres). Nunez said the fire was only a few kilometers away from the Palace of "Fontainebleau", which explained the deployments of significant resources, such as water-carrying aircraft and helicopters. Canadair's aircraft skimmed across the River Seine on Monday to fill up their fuel tanks in an attempt to...

Unimot, a Polish energy group, will deliver crude oil imported by sea from South America at Germany's PCK Schwedt Refinery. The company announced this on Monday. Germany is looking for alternatives to replace lost supplies since Russia announced it would stop deliveries of Kazakh oil via the Druzhba Pipeline from May 1. Unimot's supply will allow Schwedt a boost in activity during a period when the Middle East war is straining oil supplies worldwide. Unimot reported that the South American oil has been shipped to Gdansk, and will then be delivered to?Schwedt via the Polish pipeline operator PERN. In a...

Ukraine's Deputy Prosecutor-General denied Kyiv's role in the 2022 explosion of the Nord Stream Gas Pipelines and suggested forming a joint investigative team with Germany. Germany suspects Ukrainian state entities are behind the explosions. The explosions occurred months after Russia invaded Ukraine in February 2022. They damaged the Nord Stream 1 pipe, a crucial route for?Russian exports of gas to Europe. In a press release, the Prosecutor's Office said that, according to the findings of the investigation, there was no evidence that Ukraine or its officials or officials had been involved in the explosions that occurred in the Baltic Sea...