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.
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.
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.
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.
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.
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.
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.
GSK is buying cancer biotech Nuvalent for US$10.6B to expand its oncology portfolio.
Iraq and UAE are rushing alternative pipelines as the Strait of Hormuz remains shut, threatening vulnerable oil exports.
Paris and Berlin ended the €100bn FCAS program after Airbus and Dassault failed to agree on leadership, tech sharing, and jet requirements.
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.
Trump claims a war-ending deal with Iran is days away, despite ongoing regional strikes and a strained ceasefire between Israel and Tehran.
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.
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.
SpaceX is preparing for an initial public offering (IPO) with a historic target valuation of $1.75 trillion, a staggering figure that is poised to make Elon Musk the world's first trillionaire.Key Takeaways:A Massive Bet on AI: While famous for reusable rockets and the Starlink network, the vast majority of SpaceX's projected value actually relies on its integration with Musk's AI
The China Securities Regulatory Commission will strengthen regulations on automated program trading to combat market misconduct. CSRC Chairman Wu Qing announced the plan at a Beijing conference, noting that algorithmic trading has surged in popularity across domestic and global markets. The upcoming rules aim to oversee high-volume, automated orders placed by hedge funds, mutual funds, and individual retail investors.
China's export sector showed remarkable resilience in May, defying global geopolitical headwinds to post a massive 19.4% year-on-year growth, reaching $376.78 billion. This surge significantly outperformed economists' expectations of 12.39%, driven by a booming global demand for artificial intelligence hardware and a steady recovery in trade relations with the United States. At the same time, China's domestic demand saw a powerful