Foreign media reported the UAE issued a cellphone alert warning residents of a possible missile threat; minutes later authorities sent a cancellation saying the situation was secure. The alerts briefly pushed U.S. and Brent crude futures up nearly $1.

Honda Motor Co (HMC.N) CEO said the company’s priority markets are the US, Japan and India, and competition from "emerging forces" is limited.

State Grid Corp. of China's Brazilian unit has begun full-line construction on a Northeast ultra-high-voltage (UHV) ±800 kV DC transmission project, the largest transmission concession in Brazil. Independently financed, built and to be operated by State Grid's Brazil holding, the project comprises a 1,468 km ±800 kV HVDC line, converter stations at both ends and supporting facilities with a rated capacity of 5 GW; it is planned to be fully operational in 2029 under a 30-year concession. The link — State Grid's third overseas UHV project after two earlier Brazilian schemes — aims to create a long-distance, high-capacity export channel for northeast wind and solar, ease local curtailment, strengthen supply security for the capital region and support national energy reallocation and decarbonization efforts.