Global Market Pulse: Ukraine Energy Crisis Deepens, Breitling Valuation Slashed, and Brazil-India Trade Ambitions

Group 1: Ukraine Energy Infrastructure and Corporate Targets - Russia launched a coordinated drone and missile assault on Ukraine's power grid, causing widespread blackouts across critical regions including Odesa, Kyiv, Mykolaiv, Dnipropetrovsk, Zaporizhzhia, and Poltava [2][9] - A missile hit a production plant owned by Mondelez International in the Sumy Oblast, resulting in damage to production buildings but no casualties, characterized as "economic terror" against American business interests [3][9] Group 2: Luxury Sector Cools: Breitling Valuation Markdown - Private equity owners, including Partners Group, have reduced the internal valuation of Swiss watchmaker Breitling from approximately $4.5 billion due to a cooling secondary market and slowing demand for high-end timepieces [4][5][9] Group 3: Brazil-India Trade Target - Brazil and India announced a target to double bilateral trade to $30 billion by 2030, up from approximately $15 billion in 2025, focusing on critical minerals, aerospace, and pharmaceuticals [6][7][9] Group 4: Operational Issues at Phillips 66 Wood River Refinery - Phillips 66 reported an excess emission event at its Wood River oil refinery in Illinois, which has a crude throughput capacity of 365,000 barrels per day, following its acquisition of full ownership from Cenovus Energy [8][10][9]