Siemens Energy surged past €100 billion in market value, cementing its status as Europe’s biggest artificial-intelligence play and the continent’s best-performing stock of 2025. Shares have soared more than 320% this year, powered by insatiable demand for AI-driven data-center infrastructure.
In Germany, policymakers are pressing the European Union to soften upcoming bans on combustion engines, arguing that easing the rules could provide relief for the country’s struggling industrial economy.
Hungarian Prime Minister Viktor Orban is set to meet Russian President Vladimir Putin in Moscow on Friday, aiming to advance stalled peace negotiations while shoring up Hungary’s long-term energy security.
With US markets closed Thursday for the Thanksgiving holiday, global trading remained subdued. European and Asian equities were little changed, while US futures point to modest losses at the open.
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