Prysmian lights Milan as markets and politics shift - Dec 18, 2025

As of December 18, today’s news includes a corporate initiative by Prysmian aimed at celebrating its deep-rooted connection with the Milanese district of Bicocca through a series of symbolic holiday installations, and critical discussions among EU leaders regarding Ukraine. Prysmian has decided to mark the upcoming holiday season by underlining its historic links with Milan’s Bicocca district. Prysmian has marked the occasion by lighting a Christmas Tree in the middle of the Piazza Torre Breda, a place where thousands of residents, office workers and shoppers pass year-round. Prysmian has also illuminated over 4km of road, connecting the centre of the city to Bicocca – Viale Fulvio Testi – with colours and messages to underscore the spirit of energy, togetherness and home for visits coming into and leaving both Milan and the district this winter. Meanwhile, by 2025, Terna expects to bring into operation development infrastructure worth around 800 million euros. The results recorded over the year confirm the company’s commitment to strengthening the security and resilience of Italy’s national transmission grid, in support of the country’s energy transition. Since 2023, the value of projects delivered into full operation has exceeded 2 billion euros. Turning to international markets, China's Commerce Ministry announced new streamlined export licenses for rare earth elements, aiming to expedite shipments of these critical materials. While some exporters have met the basic requirements for permits, European firms have not confirmed receipt of such licenses yet, although discussions about them are ongoing within the European Commission. In the technology sector, Micron Technology's shares surged nearly 16% following a compelling profit forecast, fueled by a global memory chip shortage driven by strong demand from AI data centers. Traders indicated that prices in this segment are rising significantly, benefiting not just Micron but also its competitors. On another front, the European Union conducted a crucial summit to discuss the possibility of utilizing frozen Russian assets to support Ukraine's war efforts. EU leaders are under pressure to demonstrate unity and resolve, given their ongoing need to finance Ukraine amid geopolitical tensions. The European Commission has proposed leveraging these assets, mainly held in Belgium, to secure loans for Kyiv.