Group 1 - Renault Group is considering a plan to manufacture its next generation of compact electric vehicles (EVs) at its Palencia plant in Spain [1] - The company has previously produced all of its EVs in France and is now expanding its electric vehicle lineup [1] - Renault faces significant competition from low-cost Chinese manufacturers in its primary European markets [1]

Core Viewpoint - Turkey opposes Greece's unilateral activities in hydrocarbon fields south of Crete, claiming these actions violate international law and good neighborly relations [1] Group 1 - Turkey's opposition is directed towards a consortium led by U.S. oil major Chevron [1] - The activities in question are related to hydrocarbon exploration and extraction [1]

Core Viewpoint - Maurel & Prom has been authorized by the U.S. to expand its operations in Venezuela, marking a significant step towards resuming oil exports after a halt due to previous sanctions [1]. Group 1: Company Operations - Maurel & Prom's teams in Venezuela are fully mobilized and prepared for the next phases of development following the U.S. authorization [1]. - The company had previously halted exports from Venezuela in the second quarter of last year due to the suspension of its license by the U.S. government [1]. - The CEO of Maurel & Prom stated that the clarity provided by the new general license will enable the company to operate with confidence in Venezuela [1]. Group 2: Regulatory Environment - The U.S. Treasury Department issued a new general license that includes Maurel & Prom among other companies authorized to operate in Venezuela [1]. - The updated regulatory framework is expected to stabilize Maurel & Prom's activities in the region [1]. Group 3: Market Response - Following the news of the U.S. authorization, shares of Maurel & Prom increased by 6% in early trading in Paris [1]. - The company has submitted a new license application to the U.S. Office of Foreign Assets Control (OFAC) to fully resume its operations in Venezuela [1]. Group 4: Resource Potential - Maurel & Prom reported a significant increase in identified reserves in Venezuela, with studies confirming the potential of previously unproven zones [1].

Group 1 - Nissan is recalling approximately 642,698 Rogue vehicles in the U.S. due to issues that may lead to a loss of drive power [1][1][1] - The recall is part of two separate actions as reported by the U.S. National Highway Traffic Safety Administration [1][1][1] - This recall highlights ongoing safety concerns within the automotive industry, particularly regarding vehicle performance and reliability [1]

Core Insights - Google and Sea Ltd have formed a strategic partnership to develop AI tools for e-commerce and gaming, specifically focusing on creating an AI agentic shopping prototype for Sea's Shopee platform [1] - This collaboration is part of a broader trend among global tech firms to monetize AI capabilities beyond basic functions, aiming to enhance various tasks including shopping and workflow management [1] - Shopee holds a dominant position in Southeast Asia's e-commerce market with a 52% market share in 2024, indicating significant competitive strength [1] E-commerce Developments - The partnership will explore the development of AI tools specifically for Shopee, enhancing the shopping experience through advanced AI capabilities [1] - Competitor Alibaba has also introduced a new AI model aimed at the e-commerce sector, highlighting the competitive landscape in Southeast Asia [1] Gaming Sector Innovations - Google and Sea's gaming unit, Garena, will leverage AI solutions to improve productivity in game development, indicating a focus on innovation within the gaming industry [1] - This collaboration follows a previous partnership between Shopee and YouTube, emphasizing the ongoing integration of technology and e-commerce [1]

Core Viewpoint - Repsol's fourth-quarter results introduced a new reporting model aimed at better representing the significance of minority shareholders and joint ventures [1] Group 1 - The new reporting model reflects the company's strategy to enhance transparency and align with the interests of minority shareholders [1] - This change is part of Repsol's broader efforts to adapt to evolving market conditions and stakeholder expectations [1]

Group 1 - Airbus supports a "two-fighter solution" for the FCAS fighter program if requested by governments [1] - The comments were made by Airbus CEO Guillaume Faury during a results presentation [1] - The support comes amid a dispute between Airbus and French partner Dassault Aviation over leadership of the core warplane component [1]

Skip to main content Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv Energy group Orlen's refining gains offset impairment hit, lifting shares February 19, 20266:53 AM UTCUpdated ago By Reuters Poland's largest refiner Orlen (PKN.WA) logo is displayed at their petrol station in Bialystok, Poland, October 2, 2023. REUTERS/Kacper Pempel/File Photo Purchase Licensing Rights, opens new tab GDANSK, Poland, Feb 19 (Reuters) - Polish energy group Orlen (PKN.WA), opens ...

Core Insights - French hotel group Accor reported annual core profit slightly above market expectations, driven by hotel portfolio diversification and loyalty program expansion [1] - The company's EBITDA for 2025 was 1.20 billion euros ($1.41 billion), an increase from 1.12 billion euros in 2024, surpassing the analyst consensus of 1.19 billion euros [1] - Accor's CEO highlighted the integration of artificial intelligence into their digital strategy as a key factor for accelerating development and efficiency [1] Financial Performance - EBITDA for 2025 reached 1.20 billion euros, up from 1.12 billion euros in 2024 [1] - Revenue per available room (RevPAR) increased by 4.2% to 76 euros in 2025 [1] Strategic Initiatives - Accor launched an AI-powered, ChatGPT-based direct booking tool in February to reduce reliance on online travel agencies and lower distribution costs [1] - The company confirmed its mid-term guidance and plans to continue its share buyback program, with 450 million euros allocated for repurchases in 2026 [1]

Nestle is in talks to sell its remaining ice cream businesses as part of CEO Philipp Navratil's drive to streamline the sprawling Swiss consumer food group, the company said at its fourth-quarter resu... ...