By Sruthi Shankar and Pranav Kashyap (Reuters) -European stocks kicked off the first trading session of 2025 on a high note on Thursday, buoyed by a strong performance in the energy sector, while global investors analysed fresh economic data from the United States. The pan-European STOXX 600 index rose 0.6% to 510.67, reversing modest losses …
European stocks jump into 2025, powered by energy sector gains Read More »
(Reuters) – Zegona Communications said on Thursday that its unit Vodafone Spain has agreed to create a new fibre network company in Spain with MasOrange, and the British firm is expected to hold about 10% of the new venture. The parties are also looking for an investor for the new fibre venture, Zegona said, adding …
Zegona eyes slice of new fibre venture with Vodafone Spain, MasOrange Read More »
WARSAW (Reuters) – Polish power-grid operator PSE said on Thursday its transmission network development plan for 2025-2034 assumes investment of over 64 billion zlotys ($15.40 billion) by 2034. “4,700 km of new 400 kV lines, 28 new and 110 modernized stations and a land direct current (DC) line – these are the pillars of the …
Polish power-grid operator plans $15.4-billion investment by 2034 Read More »
(Reuters) – Airbus fell just short of meeting its annual delivery target for 2024 by handing over about 760 aircraft to customers, Bloomberg News reported on Thursday. Deliveries in December alone came close to 120, the Bloomberg report added, citing people familiar with the numbers, who cautioned that the final tally for the company may …
Airbus delivered about 760 jets in 2024, 10 short of annual goal, Bloomberg News reports Read More »
LONDON (Reuters) – The Bank of England said on Thursday it had allotted 46.180 billion pounds ($57.49 billion) at its first short-term repo of 2025, the second-highest amount on record and up from 38.075 billion pounds at a repo on Dec. 19. The short-term repo allows banks to borrow money from the BoE – usually …
Bank of England allots second-highest amount on record at short-term repo Read More »
LONDON (Reuters) – British pension insurance deals totalled 45 billion pounds ($56.03 billion) in 2024, with 40 billion to 50 billion pounds in deals expected this year along with new entrants into the sector, adviser LCP said in a report on Thursday. Life insurers such as Aviva, Legal & General and Phoenix have expanded in …
British pension insurance deals total $56 billion in 2024, report says Read More »
By Nerijus Adomaitis OSLO (Reuters) -Nine out of ten new cars sold in Norway last year were powered by battery only, registration data showed on Thursday, placing the country within reach of its target of only adding cars that are electric on the road by 2025. Fully electric vehicles accounted for 88.9% of new cars …
In Norway, nearly all new cars sold in 2024 were fully electric Read More »
By Alun John LONDON (Reuters) – Sterling dropped to a near-nine month low against the dollar on Thursday, hurt by the U.S. currency’s relentless rise on expectations of dollar-supportive policies from incoming President Donald Trump The pound was last down 0.82% on the day at $1.2422, its lowest since April 2024, a decline which accelerated …
Sterling falls to nine-month low as dollar carries on climbing Read More »
LONDON (Reuters) – AirBaltic will cancel a number of summer flights owing to inspection and maintenance delays from RTX-owned engine supplier Pratt and Whitney. The airline will cancel 19 routes and reduce flight frequency on 21 others, it said, adding that 4,670 flights will be cancelled in total. AirBaltic and other airlines operating Airbus planes …
AirBaltic cancels summer flights, hit by Pratt and Whitney maintenance delays Read More »
By Javi West Larrañaga (Reuters) – New car sales in Spain surpassed the one million mark in 2024 for the first time since the COVID-19 pandemic, data showed on Thursday, but analysts and industry sources said this should not be seen as a sign of recovery in a sector facing a tough 2025. Changing trends …
New car sales in Spain surpass million-mark, sector facing tough 2025 Read More »
