Prysmian shines as energy security tops global agenda - Jan 21, 2026

As of January 21, today’s news sees Prysmian’s positive assessment from Barclays, along with relevant developments in energy production and geopolitical maneuvering. Prysmian captured attention as Barclays upgraded its target price to 112 euros from 102 euros, reaffirming its overweight rating. Analysts noted Prysmian’s strong positioning within the cable sector, spotlighting its robust presence in the US market and its transmission business. Turning to other market developments, Rio Tinto reported a fourth-quarter production that exceeded expectations for both iron ore and copper. This performance, which comes as Simon Trott recently assumed the CEO role, is poised to bolster Rio Tinto's position as a leading global producer, particularly as it navigates merger discussions with Glencore. Under UK regulations, Rio Tinto must formally respond to Glencore by February 5, indicating the urgency of this potential merger. In the energy sector, Tokyo Electric Power Company has restarted a reactor at the Kashiwazaki-Kariwa nuclear power plant, marking Japan’s first move into nuclear power since the Fukushima disaster in 2011. The operational status of the 1.36 gigawatt reactor indicated progress towards Japan's energy stability amidst rising global energy challenges. On a broader scale, escalating trade tensions linked to geopolitical issues have resurfaced as a concern for Europe, particularly regarding its dependency on the U.S. for liquefied natural gas (LNG). Following Russia’s invasion of Ukraine, Europe shifted away from Russian gas, dramatically increasing its LNG imports from the US and now relying on it for nearly a quarter of its total gas consumption. Elsewhere in international affairs, U.S. President Trump's attempt to renew interest in acquiring Greenland has met with strong resistance from Denmark's government, reinforcing the complexities of transatlantic relations. Denmark's officials firmly rejected any discussions of relinquishing territory, emphasizing their commitment to existing diplomatic channels. Finally, US President Donald Trump said today he would meet with Ukrainian President Volodymyr Zelenskiy in Switzerland, adding that he felt Zelenskiy and Russian President Vladimir Putin were now at a point where they could reach a deal to end the war.