A person walks past an electronic board showing Japan's Nikkei index at a securities firm Wednesday, July 29, 2026, in Tokyo. (AP Photo/Eugene Hoshiko)

A person stands near an electronic board showing Japan's Nikkei index at a securities firm Wednesday, July 29, 2026, in Tokyo. (AP Photo/Eugene Hoshiko)

Frederic Sanchez, employee at the factory Fibre Excellence paper plant and French Democratic Confederation of Labour (CFDT) union member, poses at the factory blocked by employees, in Tarascon, southern France on July 29, 2026. Fibre Excellence, France's number one paper pulp producer employing 670 people, is on the brink of court-ordered liquidation: its plant in Tarascon (Bouches-du-Rhône) appears doomed, with no buyer in sight, while a last-minute letter of intent keeps hope alive for the second site in Saint-Gaudens (Haute-Garonne). (Photo by Sylvain THOMAS / AFP via Getty Images)

Employees stand at the factory Fibre Excellence paper plant, blocked by employees, in Tarascon, southern France on July 29, 2026. Fibre Excellence, France's number one paper pulp producer employing 670 people, is on the brink of court-ordered liquidation: its plant in Tarascon (Bouches-du-Rhône) appears doomed, with no buyer in sight, while a last-minute letter of intent keeps hope alive for the second site in Saint-Gaudens (Haute-Garonne). (Photo by Sylvain THOMAS / AFP via Getty Images)

Frederic Sanchez, employee at the factory Fibre Excellence paper plant and French Democratic Confederation of Labour (CFDT) union member, poses at the factory blocked by employees, in Tarascon, southern France on July 29, 2026. Fibre Excellence, France's number one paper pulp producer employing 670 people, is on the brink of court-ordered liquidation: its plant in Tarascon (Bouches-du-Rhône) appears doomed, with no buyer in sight, while a last-minute letter of intent keeps hope alive for the second site in Saint-Gaudens (Haute-Garonne). (Photo by Sylvain THOMAS / AFP via Getty Images)

Hubert Costa, an employee for two years at the factory Fibre Excellence paper plant, poses at the factory blocked by employees, in Tarascon, southern France on July 29, 2026. Fibre Excellence, France's number one paper pulp producer employing 670 people, is on the brink of court-ordered liquidation: its plant in Tarascon (Bouches-du-Rhône) appears doomed, with no buyer in sight, while a last-minute letter of intent keeps hope alive for the second site in Saint-Gaudens (Haute-Garonne). (Photo by Sylvain THOMAS / AFP via Getty Images)

ANA check-in counters are seen at Tokyo's Haneda Airport on July 28, 2026. (Photo by Andrew CABALLERO-REYNOLDS / AFP via Getty Images)

(FILES) A staff member cleans the car logo of a BMW at the International Motor Show IAA on September 8, 2025, in Munich, southern Germany. Premium carmaker BMW is to offer almost half its German staff voluntary redundancy in a bid to cut 8,000 jobs by the end of 2027, a company source told AFP on July 29, 2026. About 40,000 of BMW's roughly 85,000 permanent German employees would receive the offers from October, the source said, adding that production line workers would be spared the cuts. (Photo by Alexandra BEIER / AFP via Getty Images)