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General Electric (GE) says management cited robust demand and a backlog exceeding USD 210bln, while total engine deliveries increased 31% in H1 as operational improvements lifted output

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GE Aerospace delivered strong H1 2026 results with a 31% increase in engine deliveries and a $210B+ backlog, leading to an upgraded full-year financial outlook despite potential fuel-price risks.

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Has not seen high fuel prices accelerate retirements of older aircraft. Sharp further climb in fuel prices could cause air-travel demand destruction

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U.S. Markets

Eli Lilly (LLY) Q2 2026 (USD): Adj. EPS 8.38 (exp. 6.01), Revenue 23bln (exp. 20.7bln)

LLYGeopolitics

Gulf official tells CNN “50:50” chance US and Iran could reach deal by Friday, CNN reports; Iranian delegation does not include IRGC, which would need to sign off on details of provisional agreement

Geopolitics

The draft agreed to by Iranian and Omani negotiators awaits final approval from Iran’s supreme leader, two regional officials told The Associated Press on Wednesday