South Korean shares experienced a notable surge, recovering some value following a three-day downturn that had significantly impacted the country's stock market, particularly the crucial semiconductor sector.
Eduardo Bolsonaro, son of the imprisoned former Brazilian President, has been found guilty by Brazil's highest court of attempting to secure US intervention in his father's coup trial. He was sentenced in absentia to over four years in prison.
Mondelez International's chief executive, Dirk Van de Put, has publicly defended the company's continued operations in Russia, acknowledging that its tax contributions there support the war in Ukraine. He cited the protection of thousands of jobs and the risk of asset confiscation by the Kremlin as reasons for not divesting, a decision criticised by UK Members of Parliament.
