Tiwa Adebayo
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But despite the progress, Europe's margin recovery remains fragile as the Iran war continues to disrupt energy markets.
And if inflation remains sticky, the outlook for consumer companies may darken further.
In London, Tiwa Adebayo, Bloomberg Radio.
News when you want it with Bloomberg News Now.
I'm Tiwa Adebayo.
US forces have carried out fresh strikes against Iran overnight, targeting air defence and surveillance sites near the Strait of Hormuz.
The attacks, which the US military described as proportional, came just hours after President Trump blamed Tehran for shooting down an American military helicopter off the coast of Oman.
ABC's chief Washington correspondent Jonathan Karl was on the phone with Trump when the strikes were announced.
Akar said Trump also told him he does not see the strikes as the start of a major new offensive.
In response to the latest US action, Iran's military said it had targeted several US bases in the region.
The Islamic Revolutionary Guard Corps also said it launched a drone strike at American ships in Bahrain.
In a post on social media, Foreign Minister Abbas Araghchi said his country will leave no attack or threat unanswered.
The exchange of fire highlights the fragility of the ceasefire as Bloomberg has learned Pakistan is continuing to mediate discussions between Tehran and Washington.
Multiple cars and homes have been set on fire in Belfast after a stabbing attack sparked a wave of violent anti-immigrant protests.
A 30-year-old Sudanese man is due in court later today, charged with attempted murder for the attack, which was captured on video and circulated online.
Northern Ireland's Deputy First Minister Emma Little-Pengelly urged people to protest peacefully.
Little Pangeli is among the political leaders from Northern Ireland's five main parties who issued a joint statement to say they were united in their condemnation of the horrific incident.
The violence is the latest in a string of incidents in the UK in recent months to have stoked racial tensions.
Well, we just heard that from Anthropic's president.
But meanwhile, the firm is widely releasing a version of its mythos model without cyber capabilities.