Czech fiscal debate: ANO representative Havlíček argues that excessive budgetary discipline is hindering growth and advocates for increased public investment to boost the economy, a message tied to the party’s stance ahead of October elections. #Czechia #FiatNews

Novo Nordisk strategic shift after CEO change: The Danish pharma group instituted a global hiring freeze for non‑critical roles and signaled potential further cuts while reorganising to regain leadership in obesity treatments. The company highlighted renewed focus on Wegovy and strategic realignment. #NovoNordisk #FiatNews

Intel rally lifts valuation to dot‑com era levels: Intel shares jumped nearly 30% over the past month after reports of a potential US government stake and a $2bn SoftBank investment. The surge pushed the company’s valuation toward levels last seen in the dot‑com bubble. #Intel #INTC #FiatNews

Target shares plunge despite beat: Target reported Q2 F2026 adjusted EPS of $2.05 vs. a $2.02 consensus, but the retailer cut its outlook and CEO resignation unsettled investors. Shares opened roughly 10% lower amid concerns over guidance and leadership. #Target #TGT #FiatNews

Inflation update: Eurozone July CPI accelerated to 2.4% from June’s 2.3%, per Eurostat. UK inflation rose to 3.8% year‑on‑year in July, its highest in 18 months, driven by food and transport—adding pressure on UK policy despite the Bank of England’s early-month 25bp cut to 4.0%. #inflation #FiatNews

FX and Czech koruna: EUR/USD trades around 1.166, reflecting subdued FX moves in a low-volatility summer session. The Czech koruna held near 24.50 EUR/CZK as few domestic data releases are scheduled this week, leaving markets relatively calm. #EURUSD #FiatNews

Gold steadies near $3,340/oz as traders wait for Fed cues: Spot gold rose modestly to about $3,340 per ounce. Market attention is on Jerome Powell’s Jackson Hole remarks for guidance on policy; markets currently price roughly an 85% chance of a September rate cut. #Gold #JacksonHole #FiatNews

European session mixed: UK’s FTSE 100 rose about 1% while the Stoxx 50 edged down and Germany’s DAX fell over 0.5%. Regional indices diverged as investors weighed corporate results and global macro signals ahead of US data and Fed commentary. #FTSE #DAX #FiatNews

US markets slip as tech leads: Nasdaq 100 fell nearly 1.5% on Tuesday and is extending a multi-day pullback, S&P 500 logged a fourth consecutive decline and the Dow also traded lower. Large-cap technology names were the main drag on equities as investors digested earnings and positioning. #Nasdaq #SP500 #FiatNews

MSM North America, part of the Czechoslovak Group (CSG), has won a US Department of Defense contract worth up to $632 million (more than 13 billion CZK) to build a Future Artillery Complex (FAC) at the Army Ammunition Plant in Iowa. The agreement, signed on Friday, covers design, construction and commissioning; the facility is expected to be fully operational by September 2029 and completed within 40 months. It will be owned by the US government and privately operated. The new plant will have capacity to load 36,000 155 mm artillery rounds per month, employ about 70 people and is intended to be a primary supplier of 155 mm ammunition for the US Army, with potential deliveries to US allies and direct commercial sales not ruled out. CSG said the project involves US partners including Wieland (construction), IPS Custom Automation (robotics/automation), DetTX (energetic materials) and suppliers Cromwell, SMS, Weldon, VJ Technologies and Lee Industries. CSG highlighted the award as a major milestone for its global expansion. CSG CEO Michal Strnad said: "This is a huge success, unique also because the trust was placed in a company that is part of a European defence group. This project is proof of CSG’s global reach and its ability to contribute to strengthening the defence readiness of our allies." He added: "We are also grateful to our industrial partners in the USA, without whom we would not have been able to offer such a complete solution." CSG reported 2024 net profit of EUR 526.1 million and revenues around EUR 4 billion, with defence accounting for 83.6% of sales. #CSG #Iowa #Defense #FiatNews