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Romania boosts defence industry with €2.5b from EU SAFE payment
27 Aug 20263MINS
SupplementAL
Romania has received its first EUR 2.5 billion (USD 2.91 billion) payment under the European Union’s (EU) Security Action for Europe (SAFE) facility, marking the first tranche of its EUR 16.7 billion (USD 19.46 billion) allocation. The EU SAFE defence funding is aimed at strengthening Romania’s defence capabilities and industrial base, with further payments linked to the completion of agreed milestones and implementation targets. The initial tranche represents 15 per cent of Romania’s total S ...
Wells Fargo raises Alcoa price target to $68 as Middle East energy risks ease
27 Aug 20265MINS
Bauxite
Wells Fargo has raised its price target for Alcoa to USD 68 from USD 64, seeing potential upside for the aluminium producer even after its shares fell more than 40 per cent from their 2026 peak. Alcoa has had a volatile year. The aluminium producer's shares climbed more than 48 per cent between January and their year-to-date high on June 2, before losing more than 40 per cent from that peak. Despite the sharp pullback, Wells Fargo remains constructive on the stock. Following a meeting with A ...

27 Aug 20264MINS
Sustainability
As Europe enters a new phase of renewable energy transformation, NET ZERO EUROPE 2026 – Solar & Energy Storage Summit is attracting strong interest from across the continent’s solar and energy storage industry, reinforcing its position as a leading platform for market intelligence, industry dialogue, and cross-border business collaboration. Scheduled to take place on 2–3 November 2026 in Barcelona, Spain, NET ZERO EUROPE 2026 is expected to convene more than 500 senior-level decision-makers, ...
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