Portugal’s TAP profit plunges 92% amid one-off charge despite strong bookings

Portugal’s flagship airline, TAP Air Portugal, reported a 92% drop in its 2025 net profit due to a one-off fourth-quarter accounting charge, despite higher revenues from increased passenger numbers and improved operating margins. The airline’s net profit fell to €4.1 million ($4.78 million) from €53.7 million in 2024,......

Spanish wind sector warns EU windfall tax could slow clean energy investment

Finance ministers from Germany, Italy, Spain, Portugal, and Austria have urged the European Commission to introduce an EU-wide windfall tax on energy companies, as fuel prices surge בעקבות geopolitical tensions. In a joint letter dated April 3 and addressed to climate commissioner Wopke Hoekstra, the ministers proposed a coordinated......

European solar power saved over €3 billion in fossil fuel costs during Iran war price surge

A new analysis has found that solar generation across Europe saved the continent more than €3 billion in fossil fuel import costs during March, as the war in Iran drove sharp increases in oil and gas prices and revived fears of an energy crisis across the bloc. The findings underscore how rapidly expanding renewable capacity is now functioning......

This website, walaw.press, uses cookies to provide you with a good browsing experience and to continuously improve our services. By continuing to browse this site, you agree to the use of these cookies.