financetom
Business
financetom
/
Business
/
European Equities Close Mixed in Friday Trading; Markets End Week on Muted Note
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
European Equities Close Mixed in Friday Trading; Markets End Week on Muted Note
Jul 18, 2025 9:25 AM

12:04 PM EDT, 07/18/2025 (MT Newswires) -- European stock markets closed narrowly mixed on Friday as the Stoxx Europe 600 was off 0.01%, the FTSE 100 gained 0.22%, France's CAC edged 0.01% higher, the Swiss Market Index rose 0.18%, while Germany's declined 0.33%.

In corporate news, BP said Friday that it has agreed to sell its US onshore wind business, BP Wind Energy North America, to LS Power. Following the transaction, BP Wind Energy will be owned and operated as part of LS Power's portfolio company Clearlight Energy, expanding Clearlight's operating fleet to approximately 4.3 GW, the company said.

Shares of BP gained 0.67% on the FTSE 100.

Eni's carbon capture and storage unit is likely to be valued at about 1 billion euros ($1.16 billion) as the Italian energy major continues to negotiate a deal with BlackRock (BLK) to sell nearly half of the unit, Bloomberg News said Thursday, citing people familiar with the matter.

Eni has been in exclusive talks with BlackRock to sell a 49.99% stake in CCUS Holding since May, Bloomberg reported.

Shares of the Italian oil and gas company edged 0.11% higher in Milan.

HSBC is disbanding its geopolitical risk team, Bloomberg reported Friday, citing sources familiar with the matter. The reduction will affect fewer than 10 roles across Asia, Europe, and other regions, the report said.

HSBC didn't immediately reply to MT Newswires' request for comment.

Shares of the British financial services giant closed 0.03% higher in London trading.

GSK said Thursday the US Food and Drug Administration's oncologic drugs advisory committee voted against the benefit-risk profile of Blenrep combinations at the proposed dosage for adults with relapsed or refractory multiple myeloma. The FDA will consider the panel's recommendation ahead of the July 23 action date, the company said.

Shares of GSK fell 4.6% in London.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Tata Power Renewable Energy wins 200-MW project in collaboration with SJVN
Tata Power Renewable Energy wins 200-MW project in collaboration with SJVN
Nov 28, 2023
The firm and dispatchable renewable energy (FDRE) project, designed with a hybrid of solar, wind, and battery storage, is aimed at providing a stable and dispatchable energy supply during peak hours. Shares of Tata Power Company Ltd ended at ₹270.75, up by ₹12.60, or 4.88%, on the BSE.
This sustainable jewellery brand is luring some women away from gold
This sustainable jewellery brand is luring some women away from gold
Oct 30, 2023
Aulerth's offerings range from ₹5,000 to as high as ₹2.8 lakh. Are women willing to spend this much on jewellery made from scrap? Founder and CEO Vivek Ramabhadran definitely believes so. Aulerth produces couture-inspired pieces in association with designers like JJ Valaya, Suneet Varma, among others. It has reported 33% repeat customers in the past year and expects a spike to 40% soon.
Suzlon's S144–3 MW wind turbines get big boost from Indian government
Suzlon's S144–3 MW wind turbines get big boost from Indian government
Nov 15, 2023
Th Suzlon wind turbines received the RLMM (Revised List of Models & Manufacturers) listing from the Ministry of New and Renewable Energy, marking an important milestone for the successful commercialisation of the product. Shares of Suzlon Energy Ltd ended at ₹40.49, up by ₹1.85, or 4.79%, on the BSE.
SJVN secures 200-MW wind power project at ₹3.24 per unit
SJVN secures 200-MW wind power project at ₹3.24 per unit
Nov 16, 2023
Projected to generate 482 million units in its inaugural year post-commissioning, the cumulative energy generation over a 25-year span is anticipated to reach 12,050 million units. Shares of SJVN Ltd ended at ₹75.17, down by ₹0.50, or 0.66%, on the BSE.
Copyright 2023-2026 - www.financetom.com All Rights Reserved