The U.S. closed its investigation into Delta's 2024 CrowdStrike meltdown without penalties, ruling the airline properly provided refunds and passenger care.
Germany officially rejected UniCredit's offer for Commerzbank, citing a low price, its aggressive approach, and a desire to keep the lender independent.
SpaceX president Gwynne Shotwell hinted that a future merger with Tesla could simplify Elon Musk's empire, citing potential synergies. Analysts see a tie-up as likely.
General Motors is in talks to manufacture weapons parts for Lockheed Martin to help bolster U.S. munitions stockpiles depleted by global conflicts.
Novo Nordisk will soon seek Chinese approval for its Wegovy weight-loss pill, racing Eli Lilly in the world's second-largest pharma market.
Shares of SpaceX rose over 6% following a historic Nasdaq debut that valued the company past $2 trillion and made CEO Elon Musk the world's first trillionaire.
The Bank of Japan raised its interest rate to 1% to curb rising oil-driven inflation, boosting the Nikkei index over 70,000 while the yen hit 160 per dollar.
PM Sanae Takaichi called the U.S.-Iran deal a big step toward ending their war. Japan expects the agreement to reopen the crucial Strait of Hormuz and reduce risks to the global economy.
Nissan slashed its vehicle development time from 55 months to 26 months. CEO Ivan Espinosa credited AI and faster decision-making for streamlining the process without compromising safety.
Starbucks Korea will close all stores early on June 22 for staff history training after a "Tank Day" promotion sparked outrage on a democracy anniversary.
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.