Belgium

Below are companyrelated news and stories from France and Benelux which might have an effect on the area's markets or individual stocks. ATENOR: Belgian property group on Fridaysaid it had actually lowered its consolidated net debt by 46 million euros in the very first quarter. RENAULT French battery start-up Verkor said on Friday it had actually protected more than 1.3 billion euros in green funding for its first battery gigafactory in Dunkirk, finalising its funding. The funding enables Verkor to fund building of the plant, which will supply Renault's premium and Alpine electrical models amongst others. TOTALENERGIES: Shareholders in French...

Russian exports of liquefied gas (LNG) increased 4.3% in the very first quarter to 8.7 million metric heaps from a year earlier, with an increase in supply to the European Union and less going to Asia, Kommersant daily reported on Monday mentioning Kpler information. Russia has been cranking up supply of sea-borne very cooled LNG to make up for a fall in pipeline gas exports to Europe, which has drastically reduced its energy reliance on Moscow following the start of the conflict in Ukraine in February 2022. Russian LNG, unlike oil, has not been under Western sanctions. According to Kommersant,...

In action to questions from , more than a lots Dutch companies stated they were worried about the nation's organization climate, while others have actually spoken openly. Here is a choice of comments: SIMPLY EAT TAKEAWAY Meals business Just Eat Takeaway CEO Jitse Groen said that as a little country, the Netherlands does not have the high-end of rolling out less beneficial organization policies. There is no point for business to select the Netherlands without extremely educated foreign workers and without excellent flight connections, and with tax downsides and limiting policies, he stated in a statement on X. KLM KLM,...

The United States is reviewing the strictest components of a ban on Russian diamonds from the Group of 7 significant democracies, after opposition from African countries, Indian gem polishers and New York jewellers, seven sources stated. The sanctions package, concurred in December and consisting of a. restriction across the European Union, represents one of the industry's. biggest shakeups in decades. 2 of the sources familiar with the negotiations said the. Americans had actually disconnected from G7 working groups on the. stringent controls, with one explaining them as there but not. engaging. The U.S. State Department declined to comment. A senior...

Belgium's Nyrstar is reactivating the Budel zinc smelter in the Netherlands after a. fourmonth period of care and maintenance. The company, managed by worldwide trade home Trafigura,. stated enhanced market conditions and the reinstatement of a Dutch. energy cost support scheme will allow the plant to reboot. later on this month, albeit not at complete annual capability of 315,000. metric loads. It is the 2nd European smelter to come out of care and. upkeep this year after Glencore re-fired its. 165,000-ton-per year Nordenham smelter in Germany in February. The zinc market seems to have taken the news in its stride....

Belgium's Nyrstar is reactivating the Budel zinc smelter in the Netherlands after a. fourmonth period of care and upkeep. The business, controlled by worldwide trade home Trafigura,. said enhanced market conditions and the reinstatement of a Dutch. energy expense help plan will allow the plant to restart. later this month, albeit not at full annual capability of 315,000. metric lots. It is the 2nd European smelter to come out of care and. maintenance this year after Glencore re-fired its. 165,000-ton-per year Nordenham smelter in Germany in February. The zinc market appears to have taken the news in its stride. London...

South Africa's federal government is scrutinising BHP Group's proposed offer to purchase Anglo American, a spokesperson said, with the offer likely to issue authorities the coming weeks before a general election where the governing celebration's bulk is at danger. The deal worth about $39 billion would involve Anglo leaving its platinum and iron ore assets in South Africa. It might set off big capital outflows and more damage the nation's track record as a location for mining financial investment. Anglo's potential exit would mark the end of a period for a. company established in Johannesburg over a century earlier. South...

European Union leaders will hear on Thursday how the bloc could act to reach the United States, China and other competitors in a global race in brand-new green and digital innovations. Previous Italian Prime Minister Enrico Letta, tasked by leaders with examining the deficiencies of the EU single market, cautioned they could not consign a 147-page report he will provide to them to a drawer and wish for the best. This is a last chance and last window that is open, he informed a news conference. The report says the rise of geopolitical stress and protectionism threaten EU economic security...

Global steel need is expected to increase by 1.7% to 1.793 billion metric lots in 2024 and to increase further in 2025, the World Steel Association said on Tuesday. The association expects India to be the main driver of need development as Chinese need continues to decline. After two years of decline and serious post-pandemic market volatility, there are indications of international steel demand settling in a growth trajectory in 2024 and 2025, the industry group's. declaration stated. Global need in 2025 is expected to rise by 1.2% to 1.815. billion tons, it said. Evident steel use in China, the...

Antwerp cops carried out 6 raids on Wednesday and made four arrests as part of an examination into some diamond imports presumed of being Russianorigin, Antwerp's public prosecutor office said in a. statement on Friday. The investigation is the first related to the EU and Group. of Seven (G7) import restriction on diamonds from Russia that started on. Jan. 1 to punish Moscow for its intrusion of Ukraine. A wider ban. on Russian-origin stones imported via 3rd nations started on. March 1. Russia's state-owned company Alrosa is one of the. world's largest diamond miners. The investigation was introduced after custom-mades...

Some Western companies have sold their Russian assets or handed them over to local supervisors to adhere to sanctions over the war in Ukraine and react to threats from the Kremlin that it may take foreignowned properties. The relocations, part of a broader corporate exodus from Russia, have triggered issues that Russian business and organizations are purchasing prize properties at bargain rates. Below are some of the business by sector that have offered their services in Russia: CARS CONTINENTAL The cars and truck parts producer sold its Russian tyre plant to Russian holding business S8 Capital in May 2023. RENAULT...

The following quotes, mergers, disposals and acquisitions were reported by 2000 GMT on Friday: ** Qualcomm on Friday said it has terminated its bid to acquire Autotalks, an Israeli company that makes communications chips to help avoid auto accident. ** Belgian insurer Ageas SA said it does not plan to make an offer for British home and motor insurance provider Direct Line DLGD.L after two stopped working attempts over possible terms. ** Shipping company Maersk stated it was too early to resume cruisings through the Red Sea due to a continued raised risk level, in spite of an initiative by...

A federal appeals court on Tuesday refused to hold five major innovation companies responsible over their alleged support for using child labor in cobalt mining operations in the Democratic Republic of the Congo. In a 3-0 decision, the U.S. Court of Appeals for the District of Columbia ruled in favor of Google parent Alphabet , Apple, Dell Technologies, Microsoft and Tesla, turning down an appeal by previous kid miners and their agents. The complainants accused the five business of signing up with suppliers in a forced labor endeavor by buying cobalt, which is used to make lithium-ion batteries that are...

Below are companyrelated news and stories from France and Benelux which might have an impact on the area's markets or individual stocks. AXA French insurance provider on Friday revealed execution of a share redeemed arrangement in relation to AXA's share buy-back program of approximately eur 1.6 billion. CMA CGM The unlisted French shipping firm on Friday said its core revenues dived 82.5% in the 4th quarter from a year earlier, topping a disappointing year that saw disturbances to sell the Red Sea and weak customer demand. SAINT GOBAIN The business said it signed a contract to get all impressive shares...