L3Harris (LHX) missile arm reportedly taps banks for up to USD 2bln IPO, Bloomberg reports

The US will allow Iran to immediately begin selling oil and fuel under the deal to end the war, offering Tehran an early financial incentive to wind down the conflict, via WSJ citing sources

BMW (BMW GY) cuts 2026 auto EBIT margin outlook to 1-3% (prev. 4-6%); expects slight decline in auto deliveries Y/Y; guidance cut due to a faster downturn in China, intensifying competition across APAC, persistent high energy costs and consumer sentiment

L3Harris (LHX) missile arm reportedly taps banks for up to USD 2bln IPO, Bloomberg reports

US sells 6-week bills at a high rate of 3.600%, B/C 3.12x

European Closes: Euro Stoxx 50 +0.38% at 6,253, Dax 40 +0.08% at 24,915, FTSE 100 +0.61% at 10,494, CAC 40 +0.75% at 8,447, FTSE MIB +1.15% at 52,433, IBEX 35 +0.69% at 19,164, PSI -0.26% at 9,022, SMI +0.32% at 13,762, AEX -0.51% at 1,070