Prysmian hits record high as Europe bets on wind power - Jan 27, 2026

As of January 27, today’s news features Prysmian’s surge to fresh all-time highs, alongside significant advancements in energy cooperation within Europe. Prysmian has made headlines with a notable stock performance, closing up 2.35% at 99.48 euros after reaching an intraday high of 100.70 euros, marking a new historical peak. Looking at broader energy trends, European nations have agreed to collaborate on a substantial offshore wind initiative. At the North Sea Summit, countries including the UK, Germany, and France committed to creating 100 gigawatts of offshore wind capacity, a critical move to reduce reliance on U.S. natural gas imports and lower renewable energy costs. This agreement follows an earlier pledge to achieve 300 gigawatts by 2050, reflecting the urgency prompted by the ongoing energy crisis stemming from Russia’s actions. Meanwhile, the largest U.S. power grid, PJM, issued alerts to manage unprecedented energy demand forecasted due to a severe winter storm affecting a large portion of the eastern United States. The storm's impacts extend to substantial grid challenges, with PJM anticipating record peak demand levels sustained over several days. On the international trade front, India and the European Union finalized a landmark trade deal that reduces tariffs on a vast majority of goods, aiming to bolster trade and minimize dependence on the U.S. The agreement is expected to double EU exports to India by 2032, highlighting a strategic pivot amid rising global trade tensions. Google is facing scrutiny from EU regulators as they develop guidelines aimed at enhancing access for rival search engines and AI developers to its services. The guidance stems from ongoing concerns over Google's dominant market position and aims to ensure a more equitable competitive environment. In automotive news, sales of fully electric vehicles in the EU have surpassed those of petrol-only cars for the first time, although hybrids continue to hold the largest market share. This marks a notable shift in consumer trends towards electric mobility, even as regulatory conditions may allow traditional combustion engines to remain relevant for longer. Finally, Donald Trump's border zar, Tom Homan, was set to take over the president's sweeping immigration operation in Minneapolis today, as the White House tries to tamp down national outrage over the second fatal shooting of a U.S. citizen this month by federal agents.