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...

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...

Here are some company news and stories that could impact the markets in France and Benelux or even individual stocks. EURONEXT Euronext, the pan-European stock exchange operator, announced on Thursday that it would be added to France's CAC 40 blue-chip index. Euronext announced that Teleperformance, a French call centre and office services company, will be excluded from the CAC 40 index. The SBF 120 index, which measures the most traded stocks, will now include Abivax and Exail Technologies, instead of Esso and OVH. The changes will take effect on September 22. ROBERTET The French fragrance group announced half-year revenue of...

These are the most popular?stories from the Wall Street Journal. The Wall Street Journal has not?verified?these stories or?guarantee their accuracy. The Washington Post has lost more than $100 million in the last year due to financial problems that led to the decision to reduce staff by 30% at an earlier date this month. BlueScope Steel, a company based in Australia, said that the revised 'A$15 billion (10.69 billion dollars) proposal by the U.S. Steel Dynamics consortium and 'SGH' does not address the valuation concerns of the firm. It added that there are other ways to increase shareholder value. Wayve, a...

Metinvest, the Ukrainian steel giant, is looking at?issuing new debt in order to pay a bond payment of $430 million due in April. It has also been in discussions to restructure its debt. Metinvest is Ukraine's biggest private?company.?But four years of conflict with Russia has seen it lose around half of its operations. This includes some of its largest steel and coal plants. It paused discussions with a group bondholders earlier this month about restructuring its $1.25 billion debt and said it would look at "alternative liabilities management transactions". Metinvest CEO Yuriyryzhenkov spoke about the impact of the conflict on...

Metinvest, the Ukrainian steel giant, is looking at a new debt issue to cover an upcoming bond payment of?nearly $430 million due in April. It has also been in talks about restructuring. Metinvest is Ukraine's biggest?private company. However, the four years of?punishing war with Russia have?seen?it lose around half of its operations. This includes some of its largest steel and coal plants. It paused discussions with a group bondholders earlier this month about restructuring its debt of $1,25 billion, saying that it would look at "alternative liabilities management transactions". Metinvest CEO Yuriyryzhenkov spoke about the four-year anniversary on Tuesday of...

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...

Sources said that India has been in discussions with Brazil, Canada France and the Netherlands to explore, extract and process critical minerals. Sources who declined to identify themselves because the discussions were confidential said that the focus would be on rare earths and lithium, but also that India would seek to access mineral processing technologies. Mining experts say that India's heavy reliance on its arch-rival China, who dominates the global supply of minerals and has advanced technology in mining and processing, highlights the need to reach out to other countries to reduce emissions as it accelerates?its energy transformation. Mining can...

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...

Here are some company news and stories that could impact the markets or individual stocks in France and Benelux. ERAMET: The French mining group Eramet announced on Sunday that it had fired its Chief Executive Paulo Castellari due to disagreements over "operating techniques." CAPGEMINI: Capgemini, a French IT company, 'will sell its U.S.-based subsidiary Capgemini Government Solutions.' It announced this on Sunday after being pressed to explain a contract that the latter had signed with U.S. immigration enforcement agency ICE. EU/INDUSTRY: Pan-European market data: European Equities speed guide................... FTSE Eurotop 300?index.............................. DJ STOXX index................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ Top 10 STOXX sectors................................................................................................................................................................................................................................................................................................................................................................................................................................................................................Top 10 Eurotop...

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...

AMG Critical Materials, a Dutch lithium miner and supplier, plans to reduce its dependence on China through the processing of?battery grade lithium for electric cars in Brazil, Portugal, and Germany. AMG Development Head Michael Connor stated that the?firm aimed to create a "lithium road" connecting these three countries, allowing the company to bypass China which he said was the only option currently available for processing this material. He said, "Our goal is building this processing capacity both in Brazil and Portugal to establish a Western provider for this expertise. This does not exist yet." EUROPE CAN CATCH-UP WITH CHINA Europe...

ASML is the most valuable company in Europe thanks to its dominance of lithography systems. These are huge "chip-printing" machines, which cost $250 million per machine and are essential to companies driving the AI boom. Take a look at how the Dutch company has grown. What is driving the demand for ASML's printers? ASML has a monopoly over the machines that use extreme ultraviolet light (EUV), which are used to manufacture the most advanced semiconductors. However, rivals from China and the U.S. have been working on alternatives. ASML is ASML because of the rapid advances in AI, and the global...

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...

Financial Times reported 'on Monday' that the state-appointed administrators at Acciaierie d'Italia's Steel Plants are seeking 8?billion euro ($8.17 billion), in damages, from ArcelorMittal. The report stated that Acciaierie d'Italia, formerly known under the name ILVA has filed a lawsuit against the steelworks for alleged mismanagement. This complaint was made to a Milan court this month. Adolfo Urso, Italy's Minister of Industry in December, said that the plant commissioners would file a claim for damages against ArcelorMittal. The plant was taken over by the government in early 2024. The FT reported that "the forensic due diligence... carried out by the...