Toyota Motor (TM) reportedly plans to cut production outside Japan by 100,000 vehicles or so by around February 2027 on weaker demand as the de facto closing of the Strait of Hormuz drags on, reports Nikkei

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US President Trump is to headline McCormick (MCK) defense summit, Axios reports

Iranian President says he held constructive talks with Pakistani officials; many good points discussed regarding latest developments in the region. Wants to open a new chapter between Iran and Pakistan.

Toyota Motor (TM) reportedly plans to cut production outside Japan by 100,000 vehicles or so by around February 2027 on weaker demand as the de facto closing of the Strait of Hormuz drags on, reports Nikkei

SpaceX (SPCX) draws USD 89bln peak demand for debut high-grade bond

US Secretary of State Rubio says the Lebanon file is separate from the agreement with Iran; we are going to deal directly with the Lebanese government; can't end hostilities in region if Iranian proxies are launching missiles

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