The escalation in Lebanon may continue until the end of May, regardless of the Iran war, Al Hadath reports citing an Israeli source

EUROPEAN OPEN: ULVR LN & KHC held talks on food unit merger; HSBA LN weighs 20k job cuts; AZN LN to build cell therapy site in Shanghai; BP LN sells Gelsenkirchen refinery, raises cost cut target; Ahead, ECB, BoE, SNB, Riksbank, CNB

European Movers: Logitech (LOGN SW) +2.5%, Fraport (FRA GY) +0.3%, HSBC (HSBA LN) -1.2%, STMicroelectronics (STMPA FP) -1.3%, Vonovia (VNA GY) -4.6%, Lanxess (LXS GY) -7.3%

The escalation in Lebanon may continue until the end of May, regardless of the Iran war, Al Hadath reports citing an Israeli source

The escalation on the Lebanon front may continue regardless of the Iran war, Al Arabiya reports citing an Israeli security source 

Samsung Electronics (005930 KS) plans in excess of KRW 110tln (exp. 65tln) of capex and R&D spending during 2026. Seeking meaningful M&A for robots, medical tech, auto electronics and HVAC