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UK’s £100,000 Tax Trap Widens as Allowance Stays Frozen, June 10
£100,000 tax threshold frozen for 2026/27, triggering 60% tax trap as personal allowance withdraws for higher earners.
S&P 500 Falls 0.26% as Chip Rally Fizzles, June 10
S&P 500 fell 0.26% to 7,386.65 on June 8 as chip stocks lost momentum. Nasdaq dropped 0.97%. Oil prices fell 3.4% on Middle East ceasefire hopes.
Hardwyn India Announces 2:5 Bonus Share Issue, June 10
Hardwyn India proposes 2:5 bonus share issue. Shareholders receive 2 bonus shares per 5 held. Stock rises 0.65% to ₹24.59. Approval vote July 3, 2026.
OpenAI Files Confidential IPO as AI Giants Race to Public Markets, June 10
OpenAI files confidential S-1 with SEC for IPO, valued at $852 billion. Timing undecided as company joins mega-IPO wave.
Lufthansa Adds ITA Airways to Europe-Japan Joint Venture, June 10
Lufthansa adds ITA Airways to Europe-Japan joint venture with ANA, effective autumn 2026. Agreement signed June 8 at IATA meeting in Rio.
Elon Musk Nears $1 Trillion Net Worth as SpaceX IPO Launches June 12
Elon Musk’s net worth approaches $1 trillion as SpaceX IPO launches June 12 with $1.8T valuation and combined stakes exceeding $1.1 trillion.
Solana USD Bounces 1.28% Daily: SOLUSD at $71.94 Target
Solana USD trades at $64.27 with 1.28% daily bounce. Technical analysis shows oversold RSI at 29.24 and strong ADX trend at 28.73.
Germany and France End €100B Fighter Jet Project, June 09
Germany and France cancel €100 billion FCAS fighter jet project after Airbus-Dassault leadership disputes. Combat Cloud may continue separately.
Hong Kong Banks Boost Savings Rates: HKD3,888 Cash Rebate Offers, June 10
Hong Kong banks offer up to HKD3,888 cash rebates on savings accounts with minimum deposits of HKD5 million through October 2026.