Europe’s Shifting Stance on Nuclear Power and Its Impact on Clean Energy Goals
Europe’s evolving approach to nuclear power represents a significant shift in the continent’s clean energy strategy. The recent decision to allow nuclear energy for ammonia and hydrogen production is reshaping the conversation. While France stands to gain considerably due to its robust nuclear sector, the implications transcend its borders. This development has the potential to rejuvenate the nuclear industry across Europe as existing plants seek opportunities in the burgeoning hydrogen and ammonia markets. Despite persistent opposition, the decision underscores nuclear energy’s reemerging significance in Europe’s pursuit of cleaner energy solutions.
Istanbul International Airport was Busiest in March
Turkiye’s mega airport Istanbul was the busiest one in Europe, with an average of 1,263 daily flights in March, according to EUROCONTROL. Sabiha Gokcen, also in Istanbul, ranked 17th on the list with an average of 549 daily flights.
Dollar hits four-week peak on resilient U.S. jobs market
The dollar held near an almost one-month high on Friday, after U.S. economic data highlighted a still-tight labour market that could keep the Federal Reserve on its aggressive rate hike path.
Italy’s Enel to sell assets and focus on six main markets
Enel plans asset sales worth 21 billion euros ($21.5 billion) to reduce net debt and focus its transition to cleaner energy on six core countries, the Italian utility said on Tuesday.
Spain’s Iberdrola to invest $47 bln in energy transition in 2023-25
Spain’s Iberdrola will invest 47 billion euros ($47 billion) in electricity networks, renewable energy production and customer businesses over the next two years but protecting its balance sheet is a key focus, its chairman said on Wednesday.
Dollar gains as markets reassess Fed rate hike bets
The dollar edged higher in early London trading on Friday, after hawkish comments from U.S. Federal Reserve officials pushed against the idea this week’s U.S. inflation data could prompt the central bank to slow down policy tightening.
ECB to join rate hike club with big move under discussion
The European Central Bank will raise interest rates for the first time in 11 years on Thursday with a bigger-than-flagged move seen as increasingly likely as policymakers fear losing control of runaway consumer price growth.
Uber seals taxi deal to expand its business in Italy
Uber Technologies Inc (UBER.N) has clinched a deal to integrate its ride-hailing app with Italy’s largest taxi dispatcher as it seeks to boost its presence in the eurozone’s third-largest economy, the company said on Tuesday.
Exclusive: Televisa, Univision to launch Spanish-language streaming platform in first half
Mexican broadcast powerhouse Grupo Televisa and U.S. based Univision (UVN.UL) are preparing to launch what would be the biggest Spanish-language streaming platform in the world in the first half of 2022 after sealing a joint venture deal on Monday, the head of Televisa told Reuters.
EXCLUSIVE HBO Max to launch in 15 European countries on March 8
WarnerMedia’s HBO Max streaming service will launch in 15 European countries, including Poland, Portugal and Romania, on March 8, making it available in 61 territories across Europe and the Americas.
