Europe · Bull Run Posthttps://bullrunpost.com/en/europe/The latest business and finance news in Europe, told with context and rigour.enMercedes-Benz sells its European fast-charging parks to Electrahttps://bullrunpost.com/en/2026/11/03/mercedes-sells-fast-charging-network-to-electra/https://bullrunpost.com/en/2026/11/03/mercedes-sells-fast-charging-network-to-electra/Tue, 03 Nov 2026 12:30:00 GMTThe French operator takes over 47 sites and 374 charge points, and MB.CHARGE Public customers get preferential rates across its network. No price has been disclosed.CompaniesSchaeffler to cut about 3,500 jobs in Europe, 2,660 in Germanyhttps://bullrunpost.com/en/2026/11/03/schaeffler-cuts-3500-jobs-europe/https://bullrunpost.com/en/2026/11/03/schaeffler-cuts-3500-jobs-europe/Tue, 03 Nov 2026 09:56:00 GMTThe car-parts maker confirmed on 3 November a plan to save about 300 million euros a year, as weaker orders from carmakers hit suppliers.CompaniesBayer lifts its 2026 EBITDA outlook, led by pharma and Nubeqahttps://bullrunpost.com/en/2026/11/03/bayer-raises-ebitda-guidance-nubeqa/https://bullrunpost.com/en/2026/11/03/bayer-raises-ebitda-guidance-nubeqa/Tue, 03 Nov 2026 08:50:00 GMTThe German group now expects 9.8 to 10.3 billion euros at constant currency, but it still reported a third-quarter net loss of 672 million.CompaniesLufthansa posts record quarterly sales but trims its profit outlookhttps://bullrunpost.com/en/2026/11/03/lufthansa-third-quarter-results-fuel/https://bullrunpost.com/en/2026/11/03/lufthansa-third-quarter-results-fuel/Tue, 03 Nov 2026 08:50:00 GMTRevenue hit 12.2 billion euros in the third quarter, yet a fuel bill about 543 million higher has narrowed the 2026 earnings range.CompaniesOman and the UK: what is firm behind the £1 billion headlinehttps://bullrunpost.com/en/2026/11/02/oman-uk-investment-salalah-what-is-firm/https://bullrunpost.com/en/2026/11/02/oman-uk-investment-salalah-what-is-firm/Mon, 02 Nov 2026 13:45:30 GMTThe announcement combines a memorandum for a data centre with no timetable, a £7 billion export credit ceiling that is not loans, and a Gulf trade treaty still unsigned.EconomyEuro area deficit holds at 3.0% in 2025: who is within the limithttps://bullrunpost.com/en/2026/11/02/euro-area-deficit-debt-2025-eurostat-spain/https://bullrunpost.com/en/2026/11/02/euro-area-deficit-debt-2025-eurostat-spain/Mon, 02 Nov 2026 12:52:01 GMTEurostat puts the euro area deficit at 3.0% of GDP and debt at 87.7%. Spain stands at 2.4%; France and ten other states are at 3% or above.EconomyIberdrola earns €5.8bn in nine months and raises its guidancehttps://bullrunpost.com/en/2026/11/02/iberdrola-nine-month-profit-raises-guidance/https://bullrunpost.com/en/2026/11/02/iberdrola-nine-month-profit-raises-guidance/Mon, 02 Nov 2026 12:52:01 GMTThe Spanish utility invests a record €10.09 billion, mostly in power grids, and now expects adjusted net profit to grow at least 10% in 2026.CompaniesSpain's IRPH mortgage index rises to 3.189% in Septemberhttps://bullrunpost.com/en/2026/11/02/irph-mortgage-index-rises-september-2026/https://bullrunpost.com/en/2026/11/02/irph-mortgage-index-rises-september-2026/Mon, 02 Nov 2026 12:52:01 GMTThe official gazette publishes the index some Spanish variable-rate mortgages follow. It is up from 3.134% in August, and 12-month Euribor rose from 2.954% to 3.247%.Your moneyAlstom cuts its margin target from 6.5% to 1% over German trainshttps://bullrunpost.com/en/2026/11/02/alstom-cuts-forecast-german-trains/https://bullrunpost.com/en/2026/11/02/alstom-cuts-forecast-german-trains/Mon, 02 Nov 2026 11:39:07 GMTThe French rail group also expects about 1.5 billion euros of negative free cash flow. Its shares were down about 28% shortly after 11:00 on 2 November, according to AFP.CompaniesECB holds rates at 2.50% and Lagarde says she will step downhttps://bullrunpost.com/en/2026/11/02/ecb-holds-rates-lagarde-exit-december/https://bullrunpost.com/en/2026/11/02/ecb-holds-rates-lagarde-exit-december/Mon, 02 Nov 2026 11:39:07 GMTPolicymakers debated a hike with inflation at 3.8% but chose to wait. New projections come in December, and the search for a successor has begun.MarketsGermany's economy grows 0.2% in Q3 as exports lose momentumhttps://bullrunpost.com/en/2026/11/02/germany-gdp-grows-exports-slow/https://bullrunpost.com/en/2026/11/02/germany-gdp-grows-exports-slow/Mon, 02 Nov 2026 11:39:07 GMTEurope's largest economy avoids the contraction some feared, but investment fell and export growth cooled after a strong first half.EconomyItaly's 2027 budget cuts income tax for middle earners, helps over-75shttps://bullrunpost.com/en/2026/11/02/italy-2027-budget-tax-pensioners/https://bullrunpost.com/en/2026/11/02/italy-2027-budget-tax-pensioners/Mon, 02 Nov 2026 11:39:07 GMTGiorgia Meloni's government puts the saving at up to about 500 euros a year, makes a car-tax exemption permanent and offers a 300-euro voucher to over-75s. Parliament still has to vote.Your moneyRyanair profit falls 15% and a 2 billion euro fuel bill loomshttps://bullrunpost.com/en/2026/11/02/ryanair-profit-falls-fares-set-rise/https://bullrunpost.com/en/2026/11/02/ryanair-profit-falls-fares-set-rise/Mon, 02 Nov 2026 11:39:07 GMTThe average fare dropped 4% in the half-year, but the airline expects higher prices next year and is reviewing costs, including temporary pay freezes.CompaniesSpain's economy grows 0.6% in Q3 as investment and spending coolhttps://bullrunpost.com/en/2026/11/02/spain-gdp-third-quarter-2026-consumption/https://bullrunpost.com/en/2026/11/02/spain-gdp-third-quarter-2026-consumption/Mon, 02 Nov 2026 11:39:07 GMTThe statistics office's flash estimate puts annual growth at 2.7%, above the euro-area pace, with construction almost flat and household spending a little weaker.Economy