The U.S. and Iran agreed to a framework to halt hostilities and unlock the Strait of Hormuz. Oil prices plunged over 4%, but nuclear talks remain deferred.
Fox is buying streaming platform Roku for $22 billion to aggressively scale up its digital presence and compete with industry giants like Netflix and YouTube. Key Details: The Scale: The merger combines Fox's sports, news, and Tubi services with Roku's 100 million users, making them the third-largest U.S. television player with a 5% viewing share. The Catalyst: The deal became urgent after regulators
China's total social financing rose 7.7% year-on-year to 458.8T yuan in May. M2 money supply grew 8.6%, while outstanding yuan loans increased by 5.5%.
China's market regulator ordered Walmart's Sam's Club to eliminate food safety risks. The retailer apologized and formed a task force to inspect its supply chain.
Telefónica will pay the second tranche of its 2025 dividend on Thursday, June 18, 2026. The payment consists of €0.15 in cash per share, resulting in a total estimated payout of approximately €850.5 million. This completes the full 2025 dividend of €0.30 per share, following the first €0.15 tranche paid in December 2025. The primary beneficiaries include major shareholders: SEPI (Spanish Government
Lloyds forecasts 0.5% GDP growth and 5.6% unemployment due to Middle East conflict costs, expecting the Bank of England to hold interest rates at 3.75%.
Global energy markets experienced a sharp downside correction early Monday as the geopolitical risk premium evaporated following news of a preliminary U.S.-Iran agreement to reopen the Strait of Hormuz. The deal, which establishes a 60-day ceasefire in exchange for lifting U.S. sanctions on Iranian crude, triggered an immediate selloff that pushed WTI down over 5% to the $80 level and
Elon Musk has become the world's first trillionaire, hitting a $1.11tn net worth after SpaceX's record-breaking stock market debut.
SpaceX surged past $2T in its Nasdaq debut, closing at $160.95 after a record $75B IPO, turning Elon Musk into the world's first trillionaire.
The SEC voted to scrap the 2005 "order protection rule" requiring best-price stock trades, aiming to cut market costs and complexity.
Google plans to dual-source its "Icefish" AI chip for 2028: TSMC will make the main processor, while Samsung handles the 2nm memory-connection components.
Volkswagen CEO Oliver Blume announced the company will cut 19,000 German jobs by the end of 2026, targeting 28,000 total cuts by 2030 to reduce factory costs.
Visa is building a tech layer for banks to turn traditional deposits into programmable, blockchain-based digital money to match stablecoin flexibility.
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.
Elon Musk is set to speak virtually at an ASML conference to discuss his Terafab chipmaking plant ahead of the SpaceX IPO pricing.
Frasers Group has offered £1.73bn to buy the rest of German fashion brand Hugo Boss, where it already holds a 25% stake.
Trump claims 4.2% inflation is lower than expected amid the Iran war, promising prices will drop once the conflict ends.
Uber sued to block a new law restricting driver firings, claiming it shields dangerous drivers and threatens public safety.
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
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
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
Amid falling sales, Target investors voted against separating the CEO and chair positions, allowing Brian Cornell to retain both roles.
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.
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.