Iran's rial hits a record low of 1.8 million to the U.S. dollar as a fragile ceasefire with the U.S. and Israel remains in place.

Mercedes-Benz Financial Services appeals UK's £7.5 billion auto loan compensation plan. The challenge targets a regulatory scheme to repay overcharged customers.

Mercedes-Benz's financial services unit has filed an appeal against the UK's £7.5 billion plan to compensate customers overcharged on auto loans.

EU temporarily relaxes state-aid rules, allowing member states to subsidize companies hit by energy and raw material price spikes linked to the Iran conflict.

The EU temporarily relaxed its state-aid regime to give nations more scope to subsidize firms hit hardest by higher energy and raw material prices amid the conflict in Iran

EU antitrust chief Teresa Ribera announces temporary state aid measures including grants, loans and tax breaks for companies impacted by the Iran war. The subsidies are intended to cover rising fuel and fertilizer costs for affected businesses.

EU antitrust chief Teresa Ribera has announced temporary state aid measures, including grants, loans, and tax breaks, to assist companies affected by the ongoing Iran war.

UK 10-year government bond yields rise above 5%, reaching their highest level since 2008. The surge in borrowing costs reflects shifting market conditions for British sovereign debt.

UK 10-year government bond yields have risen above 5%, marking the highest level recorded since 2008.