News

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Thu, 11 Jun 2026 21:30:10 GMT

EU Solar Slowdown

The EU's ban on Chinese solar inverters over cybersecurity grid fears impacts 20% of new capacity, threatening to raise costs and delay climate goals.

Thu, 11 Jun 2026 18:30:07 GMT

Musk to Speak at ASML Event

Elon Musk is set to speak virtually at an ASML conference to discuss his Terafab chipmaking plant ahead of the SpaceX IPO pricing.

Thu, 11 Jun 2026 15:30:06 GMT

Frasers Bids for Hugo Boss

Frasers Group has offered £1.73bn to buy the rest of German fashion brand Hugo Boss, where it already holds a 25% stake.

Thu, 11 Jun 2026 12:30:06 GMT

Trump Defends Inflation

Trump claims 4.2% inflation is lower than expected amid the Iran war, promising prices will drop once the conflict ends.

Thu, 11 Jun 2026 09:30:07 GMT

Uber Sues NYC

Uber sued to block a new law restricting driver firings, claiming it shields dangerous drivers and threatens public safety.

Thu, 11 Jun 2026 09:19:17 GMT

SpaceX IPO Analysis: The $1.77 Trillion Debut

Space Exploration Technologies Corp. (SpaceX) is set to make stock market history on June 12, 2026, with its Nasdaq debut under the ticker SPCX. Aiming to raise $75 billion at an eye-watering $1.77 trillion valuation, the offering shatters all previous records and notably reserves an unprecedented 30% of its shares directly for retail investors. While the company's core launch business and

Thu, 11 Jun 2026 08:22:39 GMT

Oracle Q4 & Fiscal Year 2026 Highlights

Oracle delivered record financial results in Q4 and FY2026, driven by exceptional demand for its cloud and AI infrastructure offerings. Q4 revenue increased 21% year-over-year to $19.2 billion, led by 52% growth in Cloud Services and Support revenue to $7.9 billion. Cloud Infrastructure (IaaS) revenue surged 93% to $5.8 billion, while traditional software revenue declined 2% as customers continued migrating to

Thu, 11 Jun 2026 07:55:11 GMT

Billions in Defined Benefit Pension Surpluses to be Unlocked: New UK Proposals

Launched on 10 June 2026 by Minister for Pensions Torsten Bell, a new 12-week consultation outlines ambitious plans to give trustees the flexibility to safely release surplus funds from Defined Benefit (DB) pension schemes. These proposed changes aim to unlock billions of pounds, redirecting capital to benefit sponsoring employers, scheme members, and the wider UK economy. Funding levels for DB pension

Thu, 11 Jun 2026 07:43:03 GMT

Target Rejects Independent Chair

Amid falling sales, Target investors voted against separating the CEO and chair positions, allowing Brian Cornell to retain both roles.

Thu, 11 Jun 2026 03:30:05 GMT

Meta and Google Denied New Trial

A California judge denied Meta and YouTube's request for a new trial after a jury found them liable for $6 million over youth social media addiction.

Wed, 10 Jun 2026 21:30:03 GMT

BOJ Governor

BOJ Governor Kazuo Ueda is hospitalised for an infected liver cyst and will miss the June 15-16 meeting. Deputy Governor Himino will lead the rate review.

Wed, 10 Jun 2026 18:30:06 GMT

Zelda Remake Announced

Nintendo announced a remake of "The Legend of Zelda: Ocarina of Time" for the Switch 2, scheduled to launch later this year during the series' 40th anniversary.

Wed, 10 Jun 2026 15:30:04 GMT

Nippon Steel US Investment

Nippon Steel will invest up to $2.5 billion over three years into U.S. Steel's Pennsylvania plants, expanding its original $1 billion commitment.

Wed, 10 Jun 2026 12:30:03 GMT

BOJ June Rate Hike

BOJ to lift rates to 1.0% in June and 1.25% by year-end to fight inflation and defend the yen near 160 per dollar, a Reuters poll shows.

Wed, 10 Jun 2026 07:14:35 GMT

Meta Reliance AI Partnership

Meta and Reliance Industries partnered to build a 168 MW, renewable-powered, AI-enabled data center in Jamnagar, India, to scale Meta's global infrastructure.

Wed, 10 Jun 2026 06:30:04 GMT

Toyota to Sell US-Made Camry Sedans in Japan

Toyota Motor Corp. announced it will begin domestic sales of a US-manufactured Camry sedan this autumn, aiming for 10,000 annual units. The vehicles have been modified for right-hand-side driving to suit the Japanese market.

Wed, 10 Jun 2026 03:30:05 GMT

US-China Trade Tensions Escalate Over Tech Sanctions

Chinese Foreign Ministry spokesperson Lin Jian stated that China firmly opposes the US overstretching national security concepts to suppress Chinese businesses. He warned that Beijing will take necessary measures to safeguard the legitimate rights and interests of its companies.

Tue, 09 Jun 2026 21:30:05 GMT

GSK Buys Nuvalent

GSK is buying cancer biotech Nuvalent for US$10.6B to expand its oncology portfolio.

Tue, 09 Jun 2026 18:30:04 GMT

Hormuz Pipeline Bypass

Iraq and UAE are rushing alternative pipelines as the Strait of Hormuz remains shut, threatening vulnerable oil exports.

Tue, 09 Jun 2026 15:30:04 GMT

France and Germany Abandon Joint Fighter Jet Project

Paris and Berlin ended the €100bn FCAS program after Airbus and Dassault failed to agree on leadership, tech sharing, and jet requirements.

Tue, 09 Jun 2026 13:38:20 GMT

S&P 500 rises

The index moved higher as Wall Street's AI-driven tech rally resumed, led by gains in chipmakers like Micron, Nvidia, and Broadcom. This upward momentum helped offset lingering concerns that persistent inflation could prompt the Federal Reserve to consider a rate hike later this year.

Tue, 09 Jun 2026 12:46:39 GMT

Trump Claims Iran Deal Near

Trump claims a war-ending deal with Iran is days away, despite ongoing regional strikes and a strained ceasefire between Israel and Tehran.

Tue, 09 Jun 2026 12:30:07 GMT

Bitmine Amasses 4.59% of Total ETH Supply

Ethereum treasury giant Bitmine has aggressively capitalized on the recent crypto market downturn, accumulating 126,971 ETH over the past week. With this latest purchase, the firm now holds a staggering 5.54 million ETH valued at $1,630 per token, giving it control over 4.59% of the entire circulating Ethereum supply.

Tue, 09 Jun 2026 09:30:06 GMT

Citi Boosts S&P 500 Target

Citigroup raised its 2026-end S&P 500 index target from 7,700 to 8,100, predicting a 10% upside driven by corporate earnings strength and an AI capital expenditure supercycle.

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