Netherlands

Here are some company news and stories that could impact the markets in France or Benelux. ECB/VILLEROY : According to the Italian newspaper La Stampa, France's central bank chief Francoisvilleroy de Galhau, the?European Central Bank aims to stop any inflation caused by energy. However, it is still too early to talk about dates for interest rate increases. France/Israel: According to a German Foreign Office statement, the foreign ministers from Germany, France, Italy, and Britain have urged Israeli lawmakers to drop a bill that would allow the death penalty to be imposed in Israel. HAL TRUST HAL Trust, a Dutch investment...

Weekly data from the European Commission on Thursday showed that diesel prices at the pump in the EU's 27 members?states reached their highest level since records began in 2005. The average EU-27 diesel price per litre was 2.06 euros on 23 March, up from 1.95 euro the previous week. Data is based on fuel prices, including tax. * The average retail diesel price is now above?2 per litre, for the first since June 2022. This was the last major fuel supply shock after the Russian invasion of Ukraine. The EU petrol prices rose to 1,89 euros per litre, up from...

Dutch Central Bank Governor,?Olaf Sleijpen?said Tuesday that the rising oil and gas prices will likely affect the economy faster than they did during '2022's energy crisis. The Dutch representative in the ECB Governing Council stated that he and his colleagues would have more information on their April meeting about the second-round effect, which occurs if firms raise?their price to offset higher input cost and employees demand higher wages. We can't control the price of oil and gas, but we are able to act if we notice second-round effects. "I think we'll have more information?on that front - in April", he...

Chris Wright, the U.S. Energy Secretary, gave an ultimatum to the International Energy Agency (IEA) on Thursday. The agency had one year to abandon its support for goals to reduce energy emissions to zero net or else risk losing membership. At the biennial meeting of the agency, European countries downplayed the "threat" and reaffirmed their commitment to cleaner fuel. In 2015, the U.S., along with nearly 200 other nations, signed the Paris Accords. This international agreement aims to reduce global warming through the burning of less oil, coal and gas, and to reach net zero greenhouse gas emission by 2050....

Two sources familiar with the matter said that TotalEnergies, the French oil giant, has acquired the remaining 45% of Lukoil's stake in the Zeeland Refinery, located in the Netherlands. Sources did not know whether Total paid for the shares, and if so, how much. Or if they engaged in another agreement, such as a swap of assets with Total's Russian projects, to gain full control. TotalEnergies declined comment. Lukoil didn't immediately respond to an inquiry for comment. In October, the U.S. Treasury issued sanctions against Lukoil to try to pressurize Russia to 'end its war with Ukraine.' This prompted the...

By America Hernandez PARIS, February 5, 2019 - French oil giant?TotalEnergies signed two agreements to supply Airbus with 3.3 terawatt hours of electricity. The companies stated that this amount would cover half the sites’ power needs in the next decade. Germany and Britain are key growth markets for Total. Total is focusing on markets that have deregulated electricity markets, where it can own and build renewable assets and sell directly to clients. The company has a'strategy' that includes owning gas-fired plants and signing supply deals to provide continuous power sourced both from renewables and gas assets. These contracts, which are...

A person with knowledge of the matter said that Brazilian billionaire Joesley Batista had met with Venezuela's interim president Delcy Rodriguez before and after he met with U.S. government officials. He reassured them, according to a source familiar with the situation, that she seemed ready to allow investment in her country's oil and natural gas industry. Source: The Batista's family energy firm Fluxus is evaluating Venezuelan business opportunities. They have consolidated South American assets ever since they acquired it in 2023. Fluxus, Batista and the holding company J&F have declined to comment. The billionaire's?shuttle diplomatics, whose meatpacker JBS is a...

The French antitrust authority fined TotalEnergies and Rubis a total of 187 million euro ($217.3) for an anticompetitive agreement that increased fuel prices in Corsica. The island's population is just over 350,000 and it relies heavily on automobiles for transport. All fuels are imported through DPLC depots, which are jointly owned by Rubis TotalEnergies, EG Retail, and TotalEnergies. The watchdog stated that between 2016 and 2023, no other company is allowed to use these depots. The watchdog stated that the agreement reserving the use of Corsican depots for DPLC shareholders only is anticompetitive, and will likely shut out competitors at...

The Stellantis-backed ACC Joint Venture is "definitely" giving up plans for a megafactory in eastern Italy. This was reported by the newspaper MF on Friday. MF said that a decision on the Termoli plant, which ACC had designated as one of three European hubs for electric vehicle batteries, should be made by the end of this year or early in 2026. Italian newspaper cites sources to report that the project "is not sustainable due to technical, strategic, and financial difficulties". ACC continues to assess its investment plans in Italy, as well as in Germany. The goal is to make a...

Wall Street's major indexes hit new record highs Monday, as the excitement surrounding a possible U.S. China trade deal set a tone for a busy week of high-profile earnings from technology companies and a widely anticipated interest rate reduction. On Thursday, Donald Trump and Xi Jinping (the Chinese counterpart) will meet to discuss the future of the U.S.-China relationship. A framework This could stop the tougher U.S. Tariffs and China's export restrictions on rare earths. It would also ease market anxiety about a possible trade war, and send Wall Street's VIX "fear gauge", to a month-low. During his weekend TV...

Here are some company news and stories that could impact the markets in France and Benelux or even individual stocks. The President of Mozambique, Daniel Chapo, said that TOTALENERGIES Mozambique has met the conditions to lift the force majeure for its $20 billion LNG project in Southern Africa. DEME GROUP The Belgian engineering company said that it had secured a contract to transport and install inter-array cable at the Nordseecluster A offshore wind farm located in Germany. CARMILA The French shopping centre operator launched a tender on four existing bonds worth 300 million euros. Pan-European market data: European Equities speed...

Stellantis revealed a prototype electric vehicle on Friday, featuring a lighter, faster charging and more affordable battery. This eliminates the requirement for an inverter or charger. IBIS, the Intelligent Battery Integrated System (Intelligent Battery Integrated System), was developed by TotalEnergies subsidiary Saft in partnership. Stellantis stated that it is the first system of its kind, and offers weight and space saving and is easier for service. The new system has a 10% higher efficiency than an electric vehicle with the same size battery, and it reduces charging times by one hour. The public has been unable to accept EVs because...

The Dutch state-owned financial institution Invest International will lend a total of $60 million to the chipmaker 'Nexperia, in order to finance a series of global investments at 'its production sites. The funds will be used to boost production, modernise the production lines and improve productivity. Nexperia in the Netherlands, a unit of China's Wingtech, was caught up in a corporate standoff with Europe after a Dutch state intervention installed an European management team last year. According to the Dutch newspaper FD, this move scared away investors and caused a global crisis in terms of chip supplies for the automotive...

A Trump administration official who is familiar with the plan revealed that President Donald Trump will launch a?strategic critical minerals stockpile? with $12 billion of seed money from the U.S. Export-Import Bank. The investment is a 'last ditch effort by Washington to counter what they perceive as Chinese price manipulation for minerals such as lithium, nickel, and rare earths, which are vital to items like electric vehicles, high-tech weapons, and many other products. Bloomberg News reported that the project, Project Vault will combine private financing with a $10 Billion loan from the EXIM Bank in order to stockpile minerals for...

Mozambique President Daniel Chapo inaugurated a 200,000-metric-ton-per-year graphite-processing plant on Friday at a Chinese mine, as the country boosts its output of the battery mineral. The United States Geological Survey estimates that the annual global production of graphite is 1.6 millions metric tons. Mozambique, meanwhile, is one of world's leading producers of this mineral. It is an?excellent conductor of electricity and heat, and is used to make?batteries and mobile phones for electric cars. China is the largest graphite producer and miner in the world. Chapo said Mozambique was making the most of its resources, including a liquefied gas project worth...

The European share market was subdued Friday due to weakness in mining and luxury stocks. This marked a gloomy end to a week that had been dominated by?the beginning of a busy earning season along with geopolitical concerns. The pan-European STOXX 600 index finished at 614.38, while the luxury index fell 3.2%. This was its largest daily drop since early October. Richemont, one of the biggest losers, fell 5.4%, after BofA Global Research cut its recommendation for the Swiss jewellery firm to neutral from buy, and advised investors to "wait", citing inflated valuations following a recent rally. "European stocks are...

It said that the French government would continue to oppose any plans to nationalise French steelmaker ArcelorMittal's sites, as its workers are at risk of losing their jobs due to the tough market conditions. After the French lower chamber of parliament approved a motion to nationalize the sites, Finance Minister Roland Lescure issued a statement reiterating the government's goal to avoid any form of nationalisation. La France Insoumise, a far-left party, has put forward the motion that the French Senate will consider. The government has consistently opposed the motion. The bill was passed late Thursday night by 127 votes to...

Here are some company news and stories that could impact the markets in France and Benelux or specific stocks. ABIONYX SA: The biotech company Abionyx Pharma has announced a global strategic partnership exclusively with Sebia. This partnership will transform sepsis diagnostics and validate new test for early sepsis detection. Financial terms and milestones remain confidential. Boiron SA, a homeopathic drug manufacturer, announced that Thierry Boiron will step down from his position as Deputy CEO on December 31, 2025. EIFFAGE SA. French construction company Eiffage has won a second contract for the construction of infrastructure at the Madrid street circuit, Spain....

Bosch said that thousands of employees are facing production interruptions due to a global shortage of chips caused by a dispute with the manufacturer Nexperia. China and the Netherlands are locked in a fight for control of Nexperia. However, there is hope that the standoff will ease with the Dutch government sending an official delegation to Beijing to try to reach a compromise. Bosch reported that it was experiencing disruptions at three of its sites: Ansbach, Salzgitter and Braga (both in Germany) and Braga (Portugal). It said: "We continue to do everything possible to serve our clients and to avoid...

ArcelorMittal can capture a part of the market void caused by lower imports, once the EU steel quotas are implemented. This was the Chief Financial Officer GenuinoChristino's statement on Thursday. Christino told analysts that he did not see any problem in capturing that portion of the market. In October, the European Commission proposed a reduction of almost half in tariff-free import quotas for steel and a 50% tax on excess shipments. This was done to maintain viable steelmaking within the European Union. However, it is not yet clear when these new measures will be implemented. Christino stated that the current...

Here are some company news and stories that could impact the markets in France and Benelux or even individual stocks. WORLDLINE: Worldline said it plans to raise 500 millions euros ($583million) as part a capital infusion, which will be used to help the French payments company recover from years' worth of setbacks, and restore investor trust. ELIS SA: A global leader in circular services in action Elis acquired 100% ownership of Lavanderia Hospitalar Acqua Flash Ltda (Acquaflash) in Brazil. The company is based in Brasilia and generated revenues of approximately 6 million euro in 2024. Integration into the Group's accounts...

Mark Carney, the Prime Minister of Canada, said that Canada is ready to resume talks with the United States after President Donald Trump suspended them over an anti-tariff ad issued by Ontario’s provincial government. Trump ended the talks Thursday after the video was released in which Ronald Reagan, a Republican icon and former president, said that tariffs lead to trade wars, economic disaster, and Republican icons. In a social media post made late at night, Trump branded the ad as fraudulent. Carney, since becoming Prime Minister, has made two trips to the White House to try to reach a deal...

Volkswagen's German plants will continue to operate normally in the next week, as it seeks to protect its supply chain against a dispute involving Dutch chipmaker Nexperia. However, the automaker warned that short-term impacts were possible. Sources told Reuters on Thursday that Volkswagen's main Wolfsburg plant production would continue as planned next week but there were uncertainties beyond that. The Chinese ban on Nexperia chips in automotive and other industries has caused supply chains to be shaken. Companies are now looking for alternatives, as they wonder how long their stockpiles will last. UNCERTAINTY RESURRES EVEN NEXT WOEEK. Volkswagen said that...

Ford Motors cut its profit forecast on Thursday. The company cited the fallout of a fire that occurred at an aluminum supplier, which will affect production of some its most profitable vehicles until the end of the calendar year. Ford Motor said that a fire in September at Novelis's Oswego factory, which supplies materials for F-150 trucks, will cost it between $1.5 and $2 billion, before taxes and interests. It expects to offset around $1 billion next year. Ford CEO Jim Farley stated in a press release that he was on site with Novelis, working to source aluminum for parts...