French and Benelux stocks: Factors to watch
Here are some company news and stories that could impact the markets in France and Benelux or even individual stocks. The French government released its budget for 2025 on Thursday. It included plans to cut spending by 60 billion euros and increase taxes on wealthy individuals and large companies in order to reduce a spiraling fiscal deficit. The French engineering company GTT announced on Thursday that Dalian Shipbuilding Industry Company had ordered the design of two new LNG carriers. Sanofi has reached a final agreement to sell its consumer healthcare unit to U.S.
Gas Turbine-Powered LNG Carrier Joint Design Announced
GE Marine, Dalian Shipbuilding Industry Company (DSIC) and Lloyd’s Register announce they have jointly developed a design for a gas turbine-powered LNG carrier. This unique carrier will provide low life cycle cost, high environmental performance and flexible design. The initial LNG carrier design will be built around a GE gas turbine-based COGES (COmbined Gas turbine Electric and Steam) system that will feature one 25-megawatt gas turbine, one steam turbine generator-set and two dual-fuel diesel generator-sets for low power operation and backup.