Deutsche Bank cut PepsiCo (PEP.O) price target to $138 from $155 and downgraded the rating to Hold from Buy.

China's Financial Regulatory Administration, the Ministry of Science and Technology and other ministries held a tech-insurance promotion meeting directing insurers to expand coverage for major national science tasks and technology-focused SMEs and to push tech insurance into industrial parks, incubators and high-tech zones. The agencies called for insurance product optimisation across the full innovation chain—R&D, pilot production, pilot trials and first use, commercialization and industrialization—and for embedding risk assessment, monitoring and hazard checks into firms' innovation processes. Insurance firms were told to strengthen policy, product, team, talent and performance systems, accumulate technology-risk data and refine actuarial pricing. Insurance capital should be mobilized to invest early, in smaller tickets, for longer durations and into hard-tech via bonds, funds, equity and asset securitization. Financial regulators, the science ministry, MIIT, the finance ministry and IP authorities were asked to coordinate support for innovation alongside fund-safety management. The meeting also launched a tech-insurance publicity campaign and exchanged policy guidance and typical cases.

Israel's foreign minister Sa'ar said on the 27th that Israel has decided to stop recognizing the diplomatic status of staff at the Dutch representative office in Ramallah; their diplomatic privileges and immunities will expire in seven days.