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Segro Rejects £12.6bn Prologis Takeover Approach as US Rival Bid Stalls for FTSE Warehouse Firm
Segro (LSE: SGRO) rejected a £12.6 billion all-share takeover approach from US logistics giant Prologis (NYSE: PLD) on June 23, 2026. The proposal submitted on June 16 offered 0.084 new Prologis shares per Segro share, valuing the FTSE 100 firm at 925p per share, a 24.6% premium to Segro’s closing price of 742p. Prologis went…
Qatar Airways Suddenly Ends All Airbus A380 Flights to Australia, Shaking Aviation Market Outlook
Qatar Airways has permanently retired its Airbus A380 from all Australian routes as of June 2026. The superjumbo last flew the Doha–Sydney route in March 2026 and was originally scheduled to return in September. Instead, Qatar Airways now deploys the Boeing 777-300ER on that corridor. Sydney Kingsford Smith Airport (SYD) was the carrier’s first and…
Major Power Outage in France as Europe Heatwave Intensifies Amid Record Temperature Crisis
France is grappling with a severe power outage risk as Europe’s most intense 2026 heatwave tightens its grip. The second and more severe heatwave began on June 22, 2026, with 54 departments placed under a heatwave red alert and overnight temperatures reaching their highest since records began in 1947. The single highest temperature recorded was…
TVS Motor Company Ltd NSE: TVSMOTOR Dips 1.03% as 1,000 Riders Celebrate World Motorcycle Day
TVS Motor Company Ltd (NSE: TVSMOTOR) saw a minor downward adjustment of 1.03% on June 24, 2026, closing near ₹3,452.80 amid broader market consolidation. Despite the daily fluctuation, long-term sentiment remains anchored by solid brand initiatives and fundamental strength. For instance, the company successfully united over 1,000 riders across 17 Indian cities to celebrate World…
Tata Steel Ltd NSE: TATASTEEL 191.08 INR up 1.28% Wage Revision Today: Employees’ Salary Hike
Tata Steel Ltd (NSE: TATASTEEL) reached the final contours of a landmark wage revision agreement on June 24, 2026, following marathon negotiations that stretched nearly 10 hours on Tuesday. CEO & MD T.V. Narendran and Chief People Officer Atrayee Sanyal personally led the negotiations, underscoring the deal’s strategic significance. The agreement will remain in effect…
Samsung Electronics Shares Surge 6% After 90 Trillion Won ($58.6B) Buyback Plan Breaks
Samsung Electronics triggered a market-wide rebound this morning. Yonhap News Agency reported on June 24, 2026, that Samsung Electronics plans a share buyback programme worth 90 trillion won ($58.61 billion), sending shares up more than 6% immediately. The buyback is planned in phases over three years, with purchases beginning as early as next month following…
Nike Inc (NYSE: NKE) Stock Drops Ahead of Q4 Earnings as Surprise CFO Change Raises Turnaround Questions
Nike Inc chose the worst possible timing for a leadership change. Nike Inc (NYSE: NKE) announced on June 23, 2026, that CFO Matthew Friend will step down effective August 17, to be replaced by David M. Denton as incoming Chief Financial Officer. NKE traded near $45.20 as of June 15, already 44% below its 52-week…
Gold Price Today 24 June Gold (GC=F) sinks 0.67%, dollar index rises 0.4%, selloff
Gold prices moved sharply lower on June 24 as gold futures (GC=F) fell 0.67% while the U.S. Dollar Index gained around 0.4%. The decline reflects growing pressure from a stronger dollar and changing expectations around Federal Reserve policy. Gold is often seen as a safe-haven asset, but recent market signals have pushed investors toward the…
New Zealand shares -0.26% S&P/NZX 50 Index, Nvidia -4%, AMD -6% Nasdaq Composite -2%, S&P 500 -1%
Global markets faced fresh pressure on June 24, 2026, as a sharp selloff in semiconductor stocks rattled investor sentiment. NVIDIA fell around 4%, while AMD dropped nearly 6%, dragging the Nasdaq Composite down about 2% and the S&P 500 lower by 1%. The weakness also spread to Asia, with New Zealand’s S&P/NZX 50 Index slipping…