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Canada Expands Fighter Fleet to 140 Jets With F-35s and Gripens, June 09
Canada plans fighter fleet expansion to 140 jets, including F-35s and Swedish Gripens assembled domestically.
South Korea Blocks Japan Military Pact Over Colonial Apology, June 10
South Korea blocks ACSA military agreement with Japan, citing unresolved colonial history and public opposition to defense cooperation.
GSK to Buy Nuvalent for $10.6 Billion, Paying $124 Per Share in All-Cash Deal
GSK has made a major move in the global pharmaceutical industry. The company has agreed to acquire Nuvalent for $10.6 billion in an all-cash deal. The offer price is $124 per share, which is about a 40% premium compared to the last closing price of Nuvalent. This is not a small deal. It is one…
GSK Plc Announces $10.6B Nuvalent Acquisition to Boost Lung Cancer Pipeline; Stock Falls 3.24%
GSK Plc moved decisively on June 9, 2026. The British drugmaker agreed to acquire US-listed cancer drug developer Nuvalent for $10.6 billion in an all-cash deal, valuing Nuvalent at approximately $124 per share, a 40% premium to its last closing price. Net of cash acquired, GSK’s actual upfront investment totals $9.4 billion. GSK Plc stock…
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…
Cursor AI to Open London HQ, Hire 200 Staff Amid SpaceX’s $60 Billion Acquisition Option
Cursor AI is moving fast on two fronts simultaneously. The San Francisco-based AI coding startup is opening a London office in July 2026, with plans for smaller offices across European cities as part of a broader international push that includes hiring 200 employees across Asia-Pacific in the next six months. The expansion follows one of…
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.
French Telecoms Agree €20.35B SFR Breakup Deal, June 08
Orange, Bouygues, and Free-Iliad to acquire SFR from Altice France for €20.35 billion in major French telecoms deal pending regulatory approval.
UK Regulator Launches Probe Into eBay (EBAY) $1.2 Billion Depop Acquisition From Etsy (ETSY)
The UK competition regulator has officially launched a detailed probe into the earlier $1.2 billion acquisition of Depop, a fashion resale platform, involving eBay (ebay) and Etsy (ETSY). The investigation focuses on whether the deal may have reduced competition in the online secondhand fashion marketplace and affected fair pricing and consumer choice. The move has…