Fitch says Germany’s latest reform package is positive for public finances over the longer term & for the economy, but falls short of being transformative, Pension and healthcare reforms should help to put the public finances on a more sustainable footing
Fars reports "several more" explosions in Choghadak, Bushehr, Iran
Starbucks (SBUX) is reportedly using AI to reduce its reliance on Microsoft (MSFT) and IBM (IBM)
Fitch says Germany’s latest reform package is positive for public finances over the longer term & for the economy, but falls short of being transformative, Pension and healthcare reforms should help to put the public finances on a more sustainable footing
PepsiCo Inc. (PEP) Q2 2026 (USD): Core EPS 2.20 (exp. 2.21), Revenue 24.2bln (exp. 23.97bln); affirms FY26 guidance
Foxconn Industrial (601138 CN) expects Q2'26 Net Profit at 12.8-13.8bln, +86-101% Y/Y.
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- If large fiscal easing is not accompanied by a lasting improvement in growth prospects, pressure on the rating would increase.
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