Large forest fires increasingly threaten densely populated areas around major cities. Munich Re’s chief climatologist Tobias Grimm urges stronger fire‑prevention measures in Germany to mitigate the growing risk of multi‑billion‑euro losses.
HSBC upgraded its outlook on Spanish electricity company Iberdrola, increasing the price target to €23.10 and recommending purchase. The investment bank sees the utility as having a perfect combination of growth, visibility, and low risk, projecting potential market capitalization exceeding €150 billion compared to current €142 billion.
Sanofi and Everpure discuss the application of AI and improved data management in pharmaceutical drug development
Spanish dividend-paying stocks Iberdrola and Enagás, along with European companies Munich Re, Axa, Enel, Sanofi and Roche, are highlighted for their resilient and rising dividend payments during uncertain market conditions. These companies are noted for their ability to maintain stable dividend income alongside US company Coca-Cola.