LSEG data show France's day-ahead baseload power price fell 67.92% to €8.5/MWh.

Quantinuum raised its IPO target to $1.46 billion.

Foreign media, citing a person familiar with the matter, report the Trump administration plans to abandon a controversial $1.8bn legal fund intended to aid people who say they were victims of government 'weaponization'. Lawmakers from both parties criticized the proposal as a slush fund for the president's political allies. The decision marks another political setback for Trump following a court defeat over plans to reform the Kennedy Center and amid ongoing difficulties on efforts to end the Iran conflict.