Taiwan Semiconductor Manufacturing Co. plans to increase foundry prices by 5–10% starting in January 2027, a move announced alongside record Q2 profits and an upgraded full-year revenue forecast.
The European Commission has approved Paramount's acquisition of Warner Bros. Discovery, provided it ends a distribution pact with Universal, but the deal faces a major antitrust lawsuit in the United States.
European regulators have cleared Paramount's acquisition of Warner Bros. Discovery, but mandated the company end its film distribution partnership with Universal Pictures to address competition concerns.
Finland's benchmark stock index closed higher on Wednesday, lifted by gains in the utilities, basic materials, and consumer services sectors. Industrial equipment firm Hiab Oyj was the session's top performer, while elevator manufacturer KONE Oyj fell to a 52-week low.
Sweden's benchmark stock index closed higher on Wednesday, lifted by strong performance in the basic materials, industrials, and healthcare sectors. The OMX Stockholm 30 added 1.26%, with paper producer SCA and miner Boliden among the top performers.
Italy's benchmark stock index closed higher on Wednesday, buoyed by strong performance in the utilities, oil & gas, and technology sectors. The FTSE MIB gained 0.92% amid a rally in crude oil prices.
France's benchmark stock index gained on Wednesday, buoyed by a strong performance in the industrial and energy sectors. Aerospace firm Airbus was the session's top performer, surging over 7%.
Belgium's benchmark BEL 20 index closed higher on Wednesday, lifted by strong performance in the technology, utilities, and consumer goods sectors. The index gained 0.79% amid a broad-based rally on the Brussels Stock Exchange.
A senior White House official has accused Chinese AI startup Moonshot of violating U.S. export controls by using restricted Nvidia GB300 chips and proprietary American AI models to develop its advanced Kimi K3 system.
