TotalEnergies (TTE FP) CEO says they are increasing the cost savings goal to USD 12.5bln saved by 2030 (prev. goal USD 7.5bln)
TotalEnergies has just raised its cost savings target significantly from USD 7.5 billion to USD 12.5 billion by 2030.
US Fed's Schmid (2028 Voter, Hawk) says its appropriate to keep restrictive monetary policy with inflation close to 3%
Stellantis (STLAM IM/STLAP FP) has issued a do-not-drive notice for 225k older US vehicles, due to an airbag issue
TotalEnergies (TTE FP) CEO says they are increasing the cost savings goal to USD 12.5bln saved by 2030 (prev. goal USD 7.5bln)
The CBO forecasts the US deficit to reach USD 3.115tln in FY36, or 6.7% of GDP, averaging 6.1% from FY27 to FY36
Newsquawk European Market Wrap - 11th February 2026
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This move indicates aggressive management of operational efficiency, potentially improving margins and signaling a positive outlook for investors. Markets will likely respond to how this may enhance the company’s competitive positioning in a volatile energy sector.
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