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Z.ai’s Open-Weight GLM-5.2 Surpasses GPT-5.5 in Long-Horizon Coding While Cutting Costs by 83%
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Z.ai’s Open-Weight GLM-5.2 Surpasses GPT-5.5 in Long-Horizon Coding While Cutting Costs by 83%

Open-weight AI just had its biggest week yet. On June 16, 2026, Z.ai, the Chinese AI startup previously known as Zhipu AI, unveiled GLM-5.2, a 753-billion-parameter open-weight model designed to handle complex coding and long-duration engineering workflows. GLM-5.2 outperforms GPT-5.5 on multiple coding benchmarks while costing roughly one-sixth as much to operate. The model is…

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Sportsbet Ordered to Hand Over ATO Audit Documents in Betting Class Action
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Sportsbet Ordered to Hand Over ATO Audit Documents in Betting Class Action

Sportsbet is facing increased legal pressure after a court ordered the betting giant to hand over Australian Taxation Office (ATO) audit documents in an ongoing class action. The lawsuit focuses on Sportsbet’s Fast Code betting service and claims that certain in-play wagers may have breached Australian gambling laws.  With a trial scheduled for August 2026,…

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Yum Brands Strikes $2.7 Billion Pizza Hut Sale, Offloading International Operations for $1.5 Billion
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Yum Brands Strikes $2.7 Billion Pizza Hut Sale, Offloading International Operations for $1.5 Billion

Yum Brands has announced one of the biggest restaurant industry deals of 2026 by agreeing to sell Pizza Hut in transactions worth $2.7 billion. The move ends months of strategic review and allows the company to focus on its stronger brands, KFC and Taco Bell. The deal also gives Pizza Hut new owners with different…

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German Medical Conference Scheduled for June 16, 2026
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German Medical Conference Scheduled for June 16, 2026

Munich medical conference on tumor treatment scheduled for June 16, 2026. Oncology Center hosts professional event for healthcare practitioners.

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Inflation Steady at 2.8% in UK; Private Rents Rise 3.3% to £1,383 in May
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Inflation Steady at 2.8% in UK; Private Rents Rise 3.3% to £1,383 in May

Inflation in the UK is sending mixed signals right now. On one side, we see stability in overall price growth. On the other hand, everyday living costs, especially housing, are still climbing. According to the latest update from the Office for National Statistics (ONS), UK inflation remained steady at 2.8% in May 2026, unchanged from…

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Yum! Brands Sells Pizza Hut for $2.7 Billion, Authorizes $4B Buyback
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Yum! Brands Sells Pizza Hut for $2.7 Billion, Authorizes $4B Buyback

Yum! Brands sells Pizza Hut for $2.7 billion to LongRange Capital and Yum China, authorizes $4 billion share buyback program. Deal closes Q3 2026.

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Kingboard Surges 20.5% as $1.5 Billion Stake Sale Meets a Fifth Price Hike of 2026
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Kingboard Surges 20.5% as $1.5 Billion Stake Sale Meets a Fifth Price Hike of 2026

Rarely does one stock get two reasons to rally at once. Kingboard just did. Kingboard Holdings stock surged 20.5% to reach HK$119.30 on June 17, 2026, after unveiling a large-scale stake monetization in its laminates subsidiary alongside a fresh round of product price increases. Kingboard’s shares ultimately closed up nearly 18% at HK$117.80, while sister…

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Japan’s Defense Ministry Files Land Reclamation Plan for Setouchi Naval Base, June 17
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Japan’s Defense Ministry Files Land Reclamation Plan for Setouchi Naval Base, June 17

Japan’s Defense Ministry applies for land reclamation for 3.4-hectare SDF naval facility in Setouchi, targeting fiscal 2027 construction.

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EPFO 3.0 Rollout: New UPI Withdrawal Facility and Enhanced Auto-Claim Limits for Members
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EPFO 3.0 Rollout: New UPI Withdrawal Facility and Enhanced Auto-Claim Limits for Members

EPFO 3.0 is reshaping how millions of Indians access their provident fund savings. The Employees’ Provident Fund Organisation has commenced the rollout of this next-generation digital platform, developed in collaboration with the National Payments Corporation of India. This framework covers roughly 30 crore members and is expected to be fully rolled out by mid-2026.  The…

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