Galp Co-CEO and CFO Maria Joao Carioca on the uncertainty from the conflict in the Middle East and the company's latest results. She speaks with Bloomberg's Anna Edwards, Tom Mackenzie and Lizzy Burden on 'The Opening Trade'. This interview occurred on Monday, March 2. (Source: Bloomberg)
Galp Co-CEO and CFO Maria Joao Carioca on the uncertainty from the conflict in the Middle East and the company's latest results. She speaks with Bloomberg's Anna Edwards, Tom Mackenzie and Lizzy Burden on 'The Opening Trade'. This interview occurred on Monday, March 2. (Source: Bloomberg)
格隆汇3月3日｜西班牙外长José Manuel Albares指责美国和以色列在伊朗的行动违反了国际法，并鼓励欧洲挺身反对持续进行的空袭。José表示：“我们希望军事行动始终在联合国宪章框架下并经由集体努力开展。当我们没有看到这一点时，西班牙会发声指出这不是正确的发展方向。”该言论反映了西班牙对特朗普日益尖锐的批评，这在欧洲邻国中显得尤为突出。西班牙首相桑切斯一直是欧洲唯一的重量级声音，称美以的...
格隆汇3月3日｜西班牙外长José Manuel Albares指责美国和以色列在伊朗的行动违反了国际法，并鼓励欧洲挺身反对持续进行的空袭。José表示：“我们希望军事行动始终在联合国宪章框架下并经由集体努力开展。当我们没有看到这一点时，西班牙会发声指出这不是正确的发展方向。”该言论反映了西班牙对特朗普日益尖锐的批评，这在欧洲邻国中显得尤为突出。西班牙首相桑切斯一直是欧洲唯一的重量级声音，称美以的袭击无视国际法，并禁止美国利用西班牙基地攻击伊朗。随着对伊朗袭击的持续，欧洲日益担忧能源供应渠道。目前，该地区的油气运输已受到挤压，伊朗的袭击击中了一些关键生产设施。
HJBC/iStock Editorial via Getty Images TotalEnergies ( TTE ) has signed an agreement with Allianz Global Investors (AllianzGI) for the sale of a 50% stake in a portfolio of 11 battery storage projects with a total capacity of 789 MW – 1628 MWh. With this agreement, the partners will deliver an investment of €500 million in critical energy infrastructure for Germany, of which 70% will be financed b...
HJBC/iStock Editorial via Getty Images TotalEnergies ( TTE ) has signed an agreement with Allianz Global Investors (AllianzGI) for the sale of a 50% stake in a portfolio of 11 battery storage projects with a total capacity of 789 MW – 1628 MWh. With this agreement, the partners will deliver an investment of €500 million in critical energy infrastructure for Germany, of which 70% will be financed by the debt. These 11 projects, located across Germany, have been developed by Kyon Energy, a subsidiary of TotalEnergies ( TTE ), and will all be operational by 2028. Most of them will use next‑generation batteries supplied by Saft, a subsidiary of TotalEnergies, and the oil and gas major will remain the operator of the assets, it said in a statement. More on TotalEnergies SE TotalEnergies: LNG Exposure And AI Power Demand Offer Structural Growth TotalEnergies SE (TTES:CA) Q4 2025 Earnings Call Transcript TotalEnergies SE 2025 Q4 - Results - Earnings Call Presentation Seeking Alpha’s Quant Rating on TotalEnergies SE Historical earnings data for TotalEnergies SE
Leon Neal/Getty Images News U.S. President Donald Trump said the relationship between the U.S. and the U.K. is “not like it used to be,” criticizing U.K. Prime Minister Keir Starmer over Britain’s stance in the U.S.-Israeli war with Iran. Starmer, who rejected a U.S. request to use British bases for offensive operations against the Islamic Republic, “has not been helpful,” Trump said in an intervi...
Leon Neal/Getty Images News U.S. President Donald Trump said the relationship between the U.S. and the U.K. is “not like it used to be,” criticizing U.K. Prime Minister Keir Starmer over Britain’s stance in the U.S.-Israeli war with Iran. Starmer, who rejected a U.S. request to use British bases for offensive operations against the Islamic Republic, “has not been helpful,” Trump said in an interview with The Sun tabloid. In his second interview with a British newspaper in two days, Trump told The Sun: “It’s very sad to see that the relationship is obviously not what it was”. “I never thought I’d see that. I never thought I’d see that from the UK.” Trump told The Sun that the prime minister “has got his own difficulties” and suggested the U.K. was no longer “such a recognizable country,” singling out London and its mayor, Sadiq Khan. “London is a very different place, with a terrible Mayor. You have a terrible Mayor there, some terrible people,” Trump said. Speaking in the House of Commons on Monday, Starmer said Britain would not participate in offensive strikes alongside the U.S. and Israel, instead focusing on “defensive actions.” Starmer told MPs that the government "does not believe in regime change from the skies. President Trump has expressed his disagreement with our decision not to get involved in the initial strikes, but it is my duty to judge what is in Britain's national interest.” However, the prime minister said situation shifted on Sunday when the prime minister said Iran’s “outrageous” response had become “a threat to our people, our interests and our allies.” He added that Tehran’s retaliation to the U.S. and Israeli strikes endangered British personnel across the Middle East, prompting the decision to allow the use of British bases against Iran’s missile infrastructure. "To be clear, the use of British bases is limited to the agreed defensive purposes; we are not joining the US and Israeli offensive strikes,” Starmer added. Related stories Rethinkin...
Sergio Delle Vedove/iStock Editorial via Getty Images Investment thesis Nike’s ( NKE ) Q2 results show that its turnaround strategy is working with the running segment growing at 20% for the second quarter. This, together with positive wholesale figures, makes me optimistic that the company could achieve $50 billion in revenue in the short term. With that revenue my fair value is at least $77.5 pe...
Sergio Delle Vedove/iStock Editorial via Getty Images Investment thesis Nike’s ( NKE ) Q2 results show that its turnaround strategy is working with the running segment growing at 20% for the second quarter. This, together with positive wholesale figures, makes me optimistic that the company could achieve $50 billion in revenue in the short term. With that revenue my fair value is at least $77.5 per share. Background Nike is a global athletic company that designs, develops and sells performance and lifestyle products across footwear, apparel and equipment. The brand operates across multiple sports, including running, basketball, football and training, generating about $46 billion in annual revenue. Its portfolio is built around the Nike brand, complemented by Converse, and supported by a wide network of wholesale partners and its own direct to consumer (DTC) channels. Under former CEO John Donahoe, Nike pursued an aggressive DTC strategy limiting its wholesale partnerships to a few selected companies; however, the strategy backfired spectacularly. With that strategy, Nike reduced shelf space for wholesale partners and ceded significant market share to competitors, the result was declining sales, flat growth and margin compression, impacting both the brand and stock performance. Data by YCharts To change the course Nike's board appointed Elliott Hill in September 2024, who implemented a turnaround strategy called “Win Now”. Hill’s strategy was based on two pillars. First, restructuring the organization around sport categories rather than the previous structure by gender and lifestyle segments and second, reestablishing the relations with wholesale partners. The company restructured approximately 8,000 employees into dedicated sport categories: running, basketball, football, and training. This allowed the teams to focus on athlete needs and improve marketing and innovation. The results are already visible with running, the first category reorganized, reporting 20% grow...