AGP Executive Report
Last update: 12 hours agoMarkets & Energy: European shares edged higher as investors digested a heavy earnings slate, but travel stocks slipped on worries about higher jet fuel costs; Lufthansa: the German carrier reported a sharp profit hit in Q2 from fuel costs and set a 2026 adjusted EBIT range of €1.7bn–€2.2bn; Corporate Earnings: bp posted a strong quarter with profits more than doubling, while Fresenius Medical Care: shares fell after a profit beat was overshadowed by weaker U.S. patient volumes; Renewables Deal: TotalEnergies agreed to buy Shell’s European onshore renewables business (500MW operating/under construction plus a 3.5GW pipeline) and sell a 50% stake in a 1.2GW portfolio to KKR for €1.8bn; Climate & Disruption: record-low Rhine water levels are forcing changes to some European river cruise itineraries, including German departures.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.