Markets
Schneider Electric shares fall more than 9 per cent after PTC deal
The French group has agreed to buy PTC for US$22.6 billion in cash and expects to finance the acquisition with debt and new shares.
European Headline: news from across Europe
Europe
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Francis Halzen awarded physics Nobel for Antarctic neutrino detector
The Belgian physicist proposed IceCube in 1988. Completed in 2011, the observatory uses a cubic kilometre of ice to detect particles from space.
Policy
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Ukraine rejects EU membership with permanent limits on farm exports
Agriculture Minister Taras Vysotskyi says Ukraine is open to transition periods, but any such arrangements must have an end date.
Markets
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Diesel costs climb in Italy after fuel tax cuts end
A replacement tax mechanism remains pending, and haulage association Assotir says a strike is still possible.
Economy
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EU and euro area producer prices rise 1.9 per cent in August
Energy prices rose by 5.6 per cent in the euro area and 5.5 per cent across the EU compared with July.
Tech & Startups
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Italy’s SimpL raises €1.2 million for AI sales system
Techshop Capital led the pre-seed round, with Vento Ventures and business angels also investing. The startup charges clients for qualified meetings rather than subscriptions.
Travel & Culture
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Lisbon exhibition pairs Joana Vasconcelos sculptures with Valentino designs
The show at MAAT runs until 22 February and forms part of the museum’s 10th-anniversary celebrations.
