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Venezuela Signs GE Deal to Add 5,000 MW Power Grid Capacity, June 16
Venezuela’s interim government signs GE Vernova electricity deal to restore 1,000 MW in 24 months and 5,000 MW over four years.
Ben Roberts-Smith Cleared to Attend War Memorial Event, June 17
Former SAS soldier Ben Roberts-Smith granted bail variation to attend Australian War Memorial opening June 23 facing five war crime murder charges.
Suzlon Launches India’s Most Powerful Wind Turbine, Stock Surges 6.6%, June 17
Suzlon Energy stock surges 6.6% after launching S175 5 MW wind turbine, India’s tallest. FY26 revenue hit Rs 16,679 crore with 54% growth.
Nvidia Raises $25 Billion in Bonds, First Sale Since 2021
Nvidia raises $25 billion in bonds with $85 billion investor demand, funding AI infrastructure and refinancing existing debt obligations.
Fox Buys Roku in $22 Billion Deal, Stock Drops June 16
Fox acquires Roku for $22 billion in cash-and-stock deal, paying shareholders $160 per share to close streaming and advertising gaps.
India’s Gold Imports Surge 34% Despite Duty Hike to 15%, June 17
India’s gold imports hit $3.42 billion in May despite duty hike to 15%. Silver imports crashed 87%. Policy aims to ease current account pressure.
West Marine Closes 59 Stores After Chapter 11 Bankruptcy Filing, June 16
West Marine closes 59 stores after Chapter 11 bankruptcy filing due to supply chain issues and consumer shifts. Reorganization planned by mid-August.
Renfe Launches €24.8M Station Renovation Plan, June 17
Renfe invests €24.8 million to renovate 110 Spanish railway stations over 18 months, improving accessibility and modernizing infrastructure.
Nikkei 225 Hits Record 70,000 on BOJ Rate Hike, June 17
Nikkei 225 hits 70,020 intraday after BOJ rate hike to 1.0% and US-Iran peace deal. Closes at 69,404, up 0.13%. AI and semiconductor stocks surge.