Group 1 - Deutsche Bank has regained a position in the Eurozone's Stoxx 50 index after being excluded for seven years, alongside Siemens Energy and Argenx SE [1] - The inclusion comes after Deutsche Bank's market value has more than doubled in the past 12 months, reflecting a rebound in European bank stocks [1] - Siemens Energy's stock has increased over twofold since September last year, benefiting from a surge in global electricity demand [1] Group 2 - The index company also announced adjustments to the broader Stoxx Europe 600 index, including the addition of French biotech company Abivax SA and Fraport AG, while removing Gerresheimer AG [2] - All changes to the index will take effect after the European market opens on September 22 [2]

Core Viewpoint - The latest tariff proposal by Trump against the EU will place the cognac industry in an unsustainable position [1] Industry Summary - Senior officials in the cognac industry express concerns that the proposed tariffs will severely impact their ability to operate effectively [1] - The industry is already facing challenges, and the new tariffs could exacerbate these issues, leading to potential financial instability [1]

Core Insights - The latest tariff proposal from Trump indicates that the cognac industry will be unable to sell its products in the United States, which is the largest market for these products [1] Industry Impact - The proposed tariffs will significantly affect the sales and market access for the cognac industry in the U.S., potentially leading to a loss of revenue and market share [1]