Europe · Business news
85 stories · latest 07 Oct 2026 · clear filter
Two costs rose at once for European companies: energy, with Brent back above $100, and borrowing, with French yields near 4.85% lifting the benchmark that banks, utilities and property companies in the euro area fund…
A refining margin of $42 a barrel is the diesel and fuel shortage showing up in an oil major's accounts: the gap between crude and products has widened, which pays refiners and costs airlines, hauliers and other fuel…
Ithaca has been a pure UK North Sea producer, a basin where output is declining and profits carry a windfall levy; this purchase gives it producing barrels under a different tax regime while Brent trades above $100…
The listing gives Oslo another pure owner of very large crude carriers alongside the established tanker names, with earnings tied to spot freight rates that have been lifted by the disruption to oil flows from West…
Almost all of the increase comes from energy, which households and energy-intensive manufacturers pay directly; goods inflation outside energy is 1.1%. The ECB raised rates by 25 bp on September 10 and meets again on…
Higher gas prices raise power prices and input costs for energy-intensive producers in chemicals (BASF, Covestro), fertilisers (Yara), steel and glass, and squeeze utilities and energy retailers that cannot pass costs…
The surtax applies to France's largest companies, so the CAC 40's big domestic taxpayers — luxury groups, banks, TotalEnergies, industrial and utility groups — are exposed through their effective tax rate. A reduction…
The proposal targets the profit line of Italian lenders — Intesa Sanpaolo, UniCredit, Banco BPM, BPER and Monte dei Paschi — at a time when several of them are also engaged in takeover offers for one another. A levy on…
Storage levels going into winter shape European gas and power prices. Gas-fired generators and energy retailers buy the fuel; chemicals, fertiliser, glass and steel producers use it as feedstock and process heat, so it…
The report says fuel-price volatility is the main concern across European airlines and that British Airways owner IAG and Air France-KLM are also trimming capacity despite extensive hedging. The exposure is jet fuel…
Shell opened the oil majors' reporting round, and its drivers apply across BP, TotalEnergies, Eni, Equinor and Repsol: realised oil and gas prices on the upstream side and refining utilisation and margins downstream…
Carbon allowances are a direct cost line for European steelmakers, cement and chemicals producers, refiners and fossil-fuel power generators, so the pace of the cap and the amount of free allocation feed straight into…
Because Ofgem resets the cap only periodically, the jump in wholesale gas prices had not yet reached household bills, leaving UK inflation below the euro area's in spring and allowing the Bank of England to keep Bank…
The jump reflects the oil and gas shock that followed the outbreak of war involving Iran at the end of February, and it took headline inflation well above the ECB's 2% target, setting the stage for the bank's first…