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JELD‑WEN to cut 850 jobs and trims 2025 outlook after deep Q3 loss; Europe business under strategic review

JELD‑WEN to cut 850 jobs and trims 2025 outlook after deep Q3 loss; Europe business under strategic review

Date: Nov. 6, 2025 Key takeaways What’s new today (Nov. 6) Following Monday’s earnings release, JELD‑WEN confirmed it will shed ~850 positions across North America and corporate functions and is reviewing strategic alternatives for its Europe segment. The workforce actions, slated to be completed by the end of 2025, are part of a broader cost‑reset amid weaker demand and price‑cost pressure. Q4 Capital Charlotte’s local press reports the reductions will include positions in the Charlotte area, adding a regional dimension to the restructuring at the company’s headquarters. Charlotte Observer The numbers: Q3 at a glance The Associated Press likewise summarized
6 November 2025
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Europe’s Gas Demand Implodes: LNG Imports to Plunge 20% by 2030, Russian Flows at Historic Lows

Europe’s Gas Demand Implodes: LNG Imports to Plunge 20% by 2030, Russian Flows at Historic Lows

Demand Forecasts and Key Drivers Natural gas consumption is on a downward trajectory in Europe. In 2023, the EU already used 19% less gas (326 bcm) than in 2019 (404 bcm) reuters.com. New analyses predict further drops: the IEA’s Gas 2025 report expects OECD Europe’s gas demand to shrink 8–10% from 2024 to 2030 hellenicshippingnews.com. Much of the decline comes in power generation, where gas use is projected to plunge ~25% by 2030 (removing ~30 bcm of gas-to-power demand) hellenicshippingnews.com. This is because renewables (wind, solar) will flood the grid – the IEA forecasts renewable output up >40% by 2030 hellenicshippingnews.com – and
5 November 2025
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Europe’s $7.5 Billion Space Alliance: Airbus, Thales & Leonardo Join Forces to Challenge Musk’s Starlink

Europe’s $7.5 Billion Space Alliance: Airbus, Thales & Leonardo Join Forces to Challenge Musk’s Starlink

Europe Builds a Space Powerhouse to Take on Starlink Europe is finally uniting its space champions. In a landmark agreement announced on October 23, aerospace giants Airbus, Thales, and Leonardo unveiled plans to combine their satellite divisions into a single joint venture worth €6.5 billion in annual sales reuters.com. The move wraps up months of negotiations (code-named “Project Bromo”) and seeks to create a European “one-stop-shop” for satellites and space systems that can compete with Elon Musk’s Starlink megaconstellation and other rivals reuters.com. It’s a strategic play to regain ground in the global space race, where Europe’s once-leading satellite firms have fallen
23 October 2025
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BYD’s European EV Invasion – Boom in Sales but Stock Takes a Hit

Tesla Rival BYD Eyes Spain for Next EV Factory as European Sales Soar

BYD Bets on Spain for Third European Plant BYD (Build Your Dreams) has rapidly become a global electric vehicle powerhouse, and its next big move could be building a factory in Spain. Reuters reports that BYD – China’s #1 automaker by sales – views Spain as the “top candidate” for its third European car plant, as the company seeks to expand its foothold on the continent reuters.com. The new plant would follow BYD’s first two European production sites: one under construction in Hungary (though mass production there was recently pushed to 2026) and another planned in Türkiye (Turkey) slated to
14 October 2025
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BYD’s European EV Invasion – Boom in Sales but Stock Takes a Hit

BYD’s European EV Invasion – Boom in Sales but Stock Takes a Hit

BYD’s European Sales Explosion Industry reports confirm that China’s biggest EV maker is tearing up European sales charts. Deutsche Welle’s Welt notes “the world’s largest Chinese e-car maker is celebrating ever greater success in Europe. In Britain sales have recently exploded… and in Germany the figures are also rising significantly” welt.de. Indeed, BYD’s September figures were eye-popping: UK registrations jumped from 1,150 (Sept 2024) to 11,271 eletric-vehicles.com, propelling the UK to BYD’s largest market outside China. In Germany, BYD sold 3,255 vehicles in Sept 2025, a new high (vs. just 140 a year ago) eletric-vehicles.com. BYD’s SUV sedans and plug-in
13 October 2025
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Leading Edge Materials (0V3V.L) Skyrockets Amid Europe’s Critical Minerals Push

Leading Edge Materials (0V3V.L) Skyrockets Amid Europe’s Critical Minerals Push

Stock Soars on Critical Minerals Momentum Leading Edge Materials’ stock has been on a tear, outperforming the broader market amid a rush into battery metal and rare-earth equities. On 6 October 2025, shares spiked around 27% in Toronto (TSX-V: LEM) to CA$0.30, and its London listing jumped over 80% in a single day stockinvest.us, as investors reacted to the company’s latest updates. This rally continued a broader upward trend – the stock is up roughly 170% year-on-year, rebounding from 52-week lows of around CA$0.09 last winter to approach the year’s highs (CA$0.37) simplywall.st. Such volatility is not unusual for junior
7 October 2025
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Luxembourg’s Space Boom: How a Tiny Country Became a Satellite Powerhouse

Luxembourg’s Space Boom: How a Tiny Country Became a Satellite Powerhouse

Key Facts (2024–2025): Historical Development (1980s–2010s) Luxembourg’s space ambitions began in the mid-1980s. In 1985 the government launched SES (Société Européenne des Satellites), Europe’s first private satellite operator ses.com. SES’s inaugural Astra 1A satellite was launched in 1988, opening up direct-to-home TV across Europe ses.com. Throughout the 1990s and 2000s SES expanded globally, acquiring U.S. satellites and building a fleet that today covers most of the Earth ses.com ses.com. Luxembourg joined the European Space Agency (ESA) in 2005, cementing its role in Europe’s space efforts gouvernement.lu. However, for decades space in Luxembourg was largely limited to satcom and broadcasting. In
14 September 2025
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Germany’s Space Boom: Inside Europe’s Next Great Space Power

Germany’s Space Boom: Inside Europe’s Next Great Space Power

Key Facts and Insights Introduction Germany is quietly transforming into a space industry powerhouse at the heart of Europe. Long known for its engineering excellence in automobiles and machinery, Germany is now applying that same precision and ambition to the final frontier. In recent years, the German space and satellite sector has surged with new startups, increased investment, and bold government support. This public-facing report provides an in-depth look at Germany’s space industry – from its historical foundations to its current market structure, strategic goals, and future outlook – in an engaging, accessible way. We’ll explore how Germany went from
4 September 2025
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Tesla Model 3 vs BYD Seal vs Hyundai Ioniq 6: The Ultimate 2025 EV Showdown—Which One Should You Buy?

Electrifying Europe: 2025’s Best Electric Cars – Range Kings, Affordable EVs & Game‑Changers

Key Facts Europe’s EV Market in 2025: A Breakout Year Electric vehicles hit the mainstream in Europe by 2025, marking a breakout year for electrified transport. After years of double-digit growth, EVs now account for roughly 15–20% of new car sales across the EU (and climbing fast) best-selling-cars.com best-selling-cars.com. In the first half of 2025 alone, over one million battery-electric cars were sold in Europe – a new record best-selling-cars.com. This momentum comes even as the overall car market remains slightly below pre-pandemic levels, indicating that EVs are grabbing market share even in a lukewarm economy. Notably, Europe is now
1 September 2025
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Lightning-Fast Liechtenstein: Inside Europe’s Most Connected Country in 2025

Lightning-Fast Liechtenstein: Inside Europe’s Most Connected Country in 2025

By the end of 2023 Liechtenstein completed a nationwide Fiber-to-the-Home rollout, connecting 99%+ of buildings to gigabit fiber and making LKW the passive network owner. As of early 2025, internet penetration is 97.3% with about 38.9k users out of 40k. The median fixed download speed is about 189 Mbps (Jan 2025), with fiber available to every home. Liechtenstein has three mobile operators—FL1, Swisscom Liechtenstein, and 7acht (Salt LI)—with 4G LTE coverage around 99% of the population, and 5G launched in 2023, reaching over 80–90% of residents by 2025. The open-access fiber network is owned by the state utility LKW, leased
7 August 2025
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Europe’s New AI Code of Conduct: Inside the Plan to Tame Big Tech’s Models by 2025

Europe’s New AI Code of Conduct: Inside the Plan to Tame Big Tech’s Models by 2025

The final General-Purpose AI Code of Practice was delivered to the European Commission on July 10, 2025. The EU AI Act will apply on August 2, 2025, with a one-year grace period for new GPAI models and two years for existing models before penalties. Adhering to the GPAI Code creates a rebuttable presumption of conformity with the AI Act, effectively a safe harbor for signatories. The Code is structured around three chapters: Transparency, Copyright, and Safety & Security. Frontier GPAI models are those exceeding 10^25 FLOPs of compute, and in 2025 there are an estimated 5–15 companies worldwide with models
17 July 2025
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Space Race Heats Up: Europe’s Bid for Autonomy, Starlink’s Global Surge, and the New Era of Satellite Power / Updated: 2025, July 11th, 00:31 CET

Space Race Heats Up: Europe’s Bid for Autonomy, Starlink’s Global Surge, and the New Era of Satellite Power / Updated: 2025, July 11th, 00:31 CET

In 2024 the US conducted 154 orbital launches, while Europe managed only three, underscoring Europe’s push to establish launch facilities in Sweden and Norway for continental autonomy. Starlink now has over 7,500 satellites in orbit and 5 million users, and operates on 1,000 aircraft, including 54 Qatar Airways Boeing 777s. France and the UK each invested over €163 million in Eutelsat, making France the largest shareholder and the UK holding a 10.9% stake, to expand Eutelsat’s LEO fleet and support Europe’s IRIS² project. Amazon’s Kuiper project is projected to generate $7.1 billion in consumer revenue by 2032, with about $23
11 July 2025
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