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Shimao Group’s Hong Kong Airport Hotel Faces Bank Seizure, June 08
Shimao Group’s 1,200-room Sheraton hotel near Hong Kong Airport faces bank seizure after defaulting on a HK$4.5 billion loan.
SpaceX IPO June 12: Musk Targets $1.8 Trillion Valuation
SpaceX IPO on June 12 targets $1.8 trillion valuation. Elon Musk’s net worth could reach $1.1 trillion. S&P 500 entry expected 2028.
Newfoundland Power Restores Service After Grid Trip, June 07
Newfoundland power outage restored after Labrador Island Link trip. Most customers back online. Grid concerns rise.
Kawamura Sentenced to Life: Sapporo Court Rules on Robbery Murder, June 08
Prosecutors seek life sentence for 21-year-old Kawamura Hane in Hokkaido robbery murder case. Verdict scheduled for June 25, 2026.
House Passes War Powers Resolution Against Trump’s Iran War, June 07
House passes war powers resolution 215-208 requiring Trump to seek congressional approval for Iran military action.
Titan Rises 0.7% as Brokerages Back Jewellery Growth, June 07
Titan stock rises 0.7% to ₹4,260 as brokerages stay bullish on jewellery growth and 19% annual revenue expansion through FY30.
Fitness Chain Apologizes for Inappropriate Posts, June 07
Fitness chain High Altitude apologizes for inappropriate social media posts. Company implements SNS monitoring overhaul and staff training measures.
BlackBerry Stock Falls 9% as CFO Reaffirms AI Strategy, June 07
BlackBerry stock falls 9% to $9.41 as CFO reaffirms AI vision. Year-to-date gain of 148% raises valuation concerns amid QNX growth momentum.
Hydro-Quebec Net Income Falls 10% as Reservoir Hits 21-Year Low
Hydro-Quebec’s Q1 net income drops 10% to CAD 1.8 billion as Caniapiscau reservoir hits 21-year low at 24% capacity due to drought.