Additional European Equity News

Energy Names - In focus amid the AI pressure and potential lower-energy requirements if DeepSeek's results are replicated and result in lower energy demand. (Newswires) Potentially of note for Siemens Energy (ENR GY) and Schneider Electric (SU FP)

Ferrari (RACE IM) - Intends to plan an offering and listing on Euronext Amsterdam, offering would be entirely for shares. (Newswires)

GSK (GSK LN) - To invest up to GBP 50mln to support early research. EMA accepts Shingrix's syringe presentation. (Newswires)

Housing Names - UK Chancellor Reeves intends to fast-track planning permission for construction near commuter rail stations. (Bloomberg)

Johnson Matthey (JMAT LN) - Establishment of an investment committee. (Newswires)

Tobacco Names - US President Trump's administration has withdrawn plans to ban menthol. (Newswires)

Edenred (EDEN FP) downgraded to Equal Weight from Overweight at Barclays

Legal & General (LGEN LN) upgraded to Buy from Hold at HSBC

SocGen (GLE FP) downgraded to Equal Weight from Overweight at Barclays

Norsk Hydro (NHY NO) downgraded to Sell from Hold at SEB