Tesla to purchase $3B equipment from Suzhou Maxwell, per NYT.

Stellantis unveils $70 billion strategy pivot under Tavares, markets wary

Stellantis announces a $70 billion strategic shift under CEO Carlos Tavares, with markets reacting cautiously.

First private preferential lending program for Russian SMEs launched by Loko-Bank & 'Our Future' foundation. Up to 3M rubles at 6.5% for up to 12 months, no extra docs, fees, collateral. 11,600 companies eligible, 30% need credit. Bank aims 1,000 loans by 2026.

First private preferential lending program for SMEs in Russia launched by Loko-Bank and 'Our Future' foundation, benefiting social entrepreneurs with up to 3 million rubles at 6.5% for up to 12 months, with no additional documents, hidden fees, collateral, or guarantors. Decision and signing take 15 minutes, funds received same day. 11,600 companies with 80,000 employees eligible, 30% need credit. Bank aims to issue 1,000 loans by end of 2026, encouraging more social entrepreneurs to join registry.

Turkish state banks sold $6B to defend lira after opposition party leadership removed

Turkish state banks sold around $6 billion to support the lira on Thursday, with half sold shortly after a court decision removed the main opposition party's leadership.

Mideast war slows India's private sector growth; services pick up, PMI shows

War in the Middle East slows India's private sector growth, services sector picks up, according to PMI data.