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Shin Kinesindo Bankruptcy: 78-Year-Old Confectionery Faces 1 Billion Yen Collapse
Shin Kinesindo, 78-year-old Japanese confectionery maker, filed for bankruptcy with 1 billion yen debt due to sales decline and labeling scandal.
META Stock Falls 1.28% as WhatsApp Launches 24/7 Business AI Support in India
META stock closed lower by 1.28% as investors weighed the company’s latest artificial intelligence expansion in India through WhatsApp Business. The launch brings 24/7 AI-powered customer support to eligible businesses, allowing them to automate customer conversations, capture leads, manage bookings, and drive sales directly within WhatsApp. India remains one of the largest growth markets for…
DVLA Worker Jailed for £1.3m Vehicle Records Fraud, June 09
Former DVLA worker Matthew Holloway jailed five years for manipulating vehicle records to inflate values by £1.3m in conspiracy with car dealers.
EPFO 3.0 Rules: PF Withdrawals via UPI Coming Soon for Millions of Members
The EPFO 3.0 Rules are becoming one of the most discussed financial reforms in India. The focus is simple: make Provident Fund (PF) access faster, easier, and fully digital. For millions of salaried employees, EPF savings are a financial safety net. But the current withdrawal process is often slow and paperwork-heavy. Now, reports and government…
Perplexity Targets 2028 IPO, Unfazed by OpenAI and Anthropic Listing Plans
Artificial intelligence startup Perplexity has reaffirmed its plans to go public in 2028, showing confidence in its long-term growth strategy despite increasing competition from industry giants OpenAI and Anthropic. The announcement comes as both OpenAI and Anthropic move closer to public listings, creating one of the most closely watched races in the AI industry. Perplexity…
Glasgow Trading Standards Seizes 5,900 Counterfeit Squishy Toys, June 09
Glasgow Trading Standards seized 5,900 counterfeit squishy toys containing harmful chemicals. The fake toys pose serious health risks including skin…
JSW Steel Rises 1% After Reporting 15% YoY Growth in Steel Production
JSW Steel started June 2026 on a strong note after reporting a 15% year-on-year rise in crude steel production for May. The company produced 22.93 lakh tonnes during the month, reflecting robust operational performance across its key facilities. The update helped lift investor sentiment, pushing the stock higher in early trading. As India’s steel demand…
Rakuten Bank Raises 1-Year CD Rate to 1.20% in June 09 Bonus Campaign
Rakuten Bank’s 1-year yen deposit campaign offers 1.20% annual interest through July 31—triple the standard 0.40% rate.
Oil Prices Surge on Iran-Israel Conflict, Fuel Costs Rise, June 09
Oil prices surge as Iran-Israel conflict escalates. Brent crude rises to $97, heating oil hits €1.33/L in Germany amid Strait of Hormuz blockade.