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The German government plans to introduce a sugar tax on July 1, 2027, Welt reports citing a draft; government expect it will generate an additional EUR 945mln for the federal budget next year

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Today's market highlights

A selection of stories drawing attention in the market.

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Politics

Air Force jets have been scrambled to intercept a plane taking off from Dubai to Tel Aviv, N12/N13; plane sent out a distress signal, a "hijacking code" was entered according to journalist Shemesh. Following the signal, the plane has not been in contact.

Geopolitics

Flight FDB1073 is no longer available on tracking apps

Geopolitics

"The plane changed direction back to Israel but will not be allowed to land here until it is clear what is happening on board", N12