G7 Protesters Smash Windows, Set Tesla On Fire In Geneva

Ericsson Tumbles On Margin Headwinds Sparked By Memory Chip Inflation Ericsson shares in Stockholm plunged the most in 18 months after the Swedish telecom equipment giant warned that soaring component costs will pressure margins in its core networks business this quarter. The stock fell as much as 10% in Stockholm after outgoing CEO Börje Ekholm warned about higher input costs, partly driven by AI-fueled demand for memory chips. Citi analysts said the top concern is the margin impact extending into 2027. "The big challenge in our view is the building component...

Kazakhstan Stops Piping Oil To Black Sea After Spate Of Ukraine Drone Tanker Strikes Update(0803ET): This development certainly isn't going to help global oil prices stay down... Following a drone attack out of Ukraine days ago on the Caspian ​Pipeline Consortium (CPC) terminal along the Black Sea Coast, Kazakhstan has newly confirmed a halt crude transfers there. "Kazakhstan is set to stop piping crude to a port on Russia’s Black Sea coast after a spate of attacks on tankers that's jeopardizing the landlocked Asian country’s ability to produce oil," Bloomberg reports Tuesday...