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Japanese supermarket reportedly lobby calls for a 5 year minimum tax cut, via Nikkei

The reported lobbying by a Japanese supermarket chain for a five-year minimum tax cut signals potential shifts in fiscal policy that could benefit domestic consumer spending and incentivize investment.

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EUROPEAN OPEN: VOW3 GY higher than expected cash flow; ML FP free cash flow tops guidance; GLE FP confirms will cut 1,800 jobs; ABF LN’ Primark LFL sales fall in Xmas quarter; DB1 GY to acquire Allfunds for EUR 5.3bln

European Movers: Volkswagen (VOW3 GY) +4.7%, Deutsche Boerse (DB1 GY) +3.9%, Michelin (ML FP) +3.5%, Air France KLM (AF FP) +2.8%, Essity (ESSITYB SS) -3.1%, B&M European (BME LN) -4.1%

Japanese supermarket reportedly lobby calls for a 5 year minimum tax cut, via Nikkei

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A Palestinian source says there is an understanding between Hamas and the US administration that the organization will hand over its weapons and tunnel maps in exchange for recognition as a political organisation, via Sky news

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If realized, this could have broader implications for the economy, enhancing demand for consumer goods and potentially impacting the metals and materials sectors amidst ongoing global supply concerns.

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