Newswire: Feb 6, 2026 2:26 AM EST
Highlights:
• Volkswagen AG sees 2026 as a "make-or-break" year for its South Africa pick-up truck production plan, which depends on improved tax breaks and industry incentives. Source
• German industrial production dropped for the first time since August, signaling persistent challenges for the sector's recovery from a prolonged slump. Source
• Turkish equity rally caught local fund managers off guard as they struggled to match performance driven by a handful of stocks during a strong month. Source
• ECB Governing Council member Yannis Stournaras says the central bank is monitoring the euro's recent rally but doesn't view it as dramatic or alarming. Source
• FTSE 100 futures fall while the pound rebounds in early UK trading. See source link. Source
• More than a dozen tankers loaded with Russian Urals oil are heading to Asia as producers race to get closer to China while India reduces purchases. Source
• Supertanker operators are speeding through the Strait of Hormuz chokepoint due to concerns about rising US-Iran tensions and potential shipping risks. Source