German lawmakers are expected to approve a contract worth up to €462 million ($527 million) with defense contractor Rheinmetall for a high-energy laser weapon system for naval vessels. The deal is part of a larger military procurement package valued at over €12 billion.
Pharmaceutical companies AstraZeneca and Daiichi Sankyo are reportedly close to a pricing agreement with the UK's health watchdog to make the breast cancer drug Enhertu available on the National Health Service. The deal would provide access for patients who are currently unable to receive the treatment due to its cost.
The British pound fell against a broadly stronger U.S. dollar on Wednesday, influenced by rising oil prices, geopolitical tensions, and investor positioning ahead of the release of Federal Reserve meeting minutes.
The U.S. dollar gained on Wednesday as investors sought safe-haven assets after President Donald Trump's pessimistic comments on a U.S.-Iran framework deal. The remarks followed an exchange of military strikes, leading to a surge in oil prices and bond yields.
The U.S. dollar gained on Tuesday as investors sought safe-haven assets following reports of attacks on three oil tankers near the Strait of Hormuz. The incidents, which the U.S. has attributed to Iran, led to a spike in oil prices and overshadowed monetary policy as the main driver for the currency.
Shares of Target Corp. climbed on Monday, buoyed by a new in-store beauty initiative and a series of positive analyst ratings. The rally comes despite a broader market downturn and follows the company's recent return to positive sales growth.
According to a JPMorgan analyst, MicroStrategy's recent shift from a buy-and-hold strategy to one that allows for selling Bitcoin could introduce significant uncertainty and risk to the broader cryptocurrency markets.
The cryptocurrency EOS experienced a significant price increase on Sunday, rising over 10% for its largest single-day percentage gain since December 2025. The rally occurred amid modest gains in the broader cryptocurrency market.
Indian stock markets ended Wednesday's trading session with significant losses, as both the Nifty 50 and BSE Sensex 30 indices fell by more than 2%. The decline was reportedly led by poor performance in the banking, auto, and oil & gas sectors.
