German exports increased by 0.9% in June from the previous month, exceeding expectations. The figures were released on Friday by the federal statistics office. The data points to an improvement in Germany’s export performance during the month. It records a month-on-month rise in the country’s foreign trade shipments.

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Record temperatures across Europe are adding fresh strain to food prices and supply chains. Heavily indebted economies are also facing another burden from the heat. Financial markets have already been roiled by an energy shock driven by the war in Iran. The worsening weather is creating yet another headache for investors and policymakers.

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The Trump administration is expected to turn down requests from some U.S. solar manufacturers. The companies are seeking a faster timetable for introducing a new price floor and tariff on imported polysilicon products. A person familiar with the matter said the administration is likely to reject that acceleration. The final timing for the measures was not specified.

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Nintendo significantly exceeded its first-quarter earnings estimates for the fiscal year. Strong sales of its games helped drive operating profit to 142.5 billion yen, or about $902 million, between April 1 and June 30. The company also benefited from refunds tied to US tariffs. Those refunds boosted its results, but customers are unlikely to receive any of that money, leaving the benefit with Nintendo rather than its players.

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Nintendo has reported a sharp rise in quarterly profit, driven largely by a long-awaited refund linked to Donald Trump’s tariffs. The Japanese video game company said profit climbed 53.5% to ¥147.4bn in the three months through June. That result was well above expert forecasts of ¥77.8bn. The company nevertheless recorded a decline in overall sales.

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Nintendo said its operating profit rose 150.5% to 142.6 billion yen in the April-June quarter. The Japanese games maker exceeded analyst estimates with the sharp increase. It attributed the result to brisk demand for software for the Switch 2. Refunds of U.S. tariffs also helped support the quarter’s profit.

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President Donald Trump is preparing tariffs on imported polysilicon and minimum prices for the material. The planned measures aim to encourage more polysilicon production in the US. They are also intended to support American semiconductors and solar panels that use the material. The move frames trade intervention as a way to strengthen domestic manufacturing.

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