Barclays cuts PepsiCo (PEP.O) PT to $144 from $158.

Henan provincial government issued measures to boost high-quality private investment, supporting private firms to undertake provincial key R&D projects and to pursue core technologies in data security and data-fusion applications. The plan urges private companies in key industrial chains and at critical nodes to build industry, specialist and collaborative industrial-internet platforms and identifier-resolution secondary nodes, and to integrate platforms and nodes to drive upstream‑to‑downstream chain digital transformation. It also supports construction of comprehensive digital‑intelligence enabling platforms in priority areas, digitalization of industrial parks, and city pilot programmes to advance SME digital upgrades.

A senior U.S. official said they expect Trump to hold further communications with Russian President Vladimir Putin.