Europe

Strait of Hormuz closure cuts global LNG supply by a fifth, triggering Europe's second major energy crisis in four years with stark implications for manufacturers and energy firms.

CIP completes Ørsted onshore acquisition, launching Perigus Energy with 826 MW capacity across four European markets and multi-gigawatt development pipeline.

Europe's packaging market projected to grow from $473.41B (2026) to $673.81B (2035) at 4% CAGR, driven by sustainability mandates and e-commerce expansion.

UK car hire searches surge 10% ahead of May bank holidays, with Romania (+44%) and Norway (+29%) leading growth. Prices fall sharply in most markets except Germany.

Alstom secures €295M European signalling contract, booked in Q4 2025/2026, reinforcing its position as a leading rail infrastructure provider.

Global Testing, Inspection and Certification market projected to grow from $326.82B in 2025 to $480.99B by 2035, driven by stricter compliance and supply chain quality demands.

Eli Lilly discontinuing select insulin products across EU/EEA by Q2 2027 due to commercial factors. Company's experimental retatrutide shows strong diabetes and weight-loss results.

Optimum selected as training partner for Asahi Europe's multi-year SAP S/4HANA transformation across ten European countries, targeting 2028 completion.

Norsk Hydro closes French extrusion plant affecting 80 employees by 2026, part of six-facility European consolidation costing NOK 260 million.

Norsk Hydro to close French extrusions plant affecting 80 workers by 2026, part of six-plant European restructuring with estimated 260 million kroner costs.

IonQ shares surged 14.17% after announcing quantum key distribution network deployment across Romania, spanning 1,500 kilometers and connecting six major cities.

CoinShares cuts BITC Bitcoin ETP fee to 0.15% annually, positioning it competitively as digital asset managers intensify fee competition for institutional and retail investors.