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Dow Falls 1.4% as Iran Tensions Push Oil Above $91, June 11
Dow Jones, S&P 500, and Nasdaq fell as Trump Iran threats boosted oil to $91 and inflation hit 4.2%. Chip stocks led losses.
UK Small Firms Face New P&L Filing Rules From April 2028
Small UK companies must file P&L accounts from April 2028 under Companies House reforms. Two million firms affected; public disclosure optional.
S&P 500 Falls 0.26% as Chip Rally Fizzles, June 11
S&P 500 drops 0.26% to 7,386.65 as chip stocks fade amid AI valuation concerns. Nasdaq falls 0.97%.
Germany Inflation Slows to 2.6% in May as Growth Stalls
Germany’s inflation fell to 2.6% in May 2026 from 2.9% in April, while industrial production declined year-over-year as the euro area economy slows.
CME Launches Nasdaq Crypto Index Futures, June 10
CME Group launches Nasdaq CME Crypto Index futures covering Bitcoin, Ethereum, Solana, and five other cryptocurrencies with regulated settlement.
EV Charging Market Grows to $15.2B by 2034 as Infrastructure Expands
Grid-integrated EV charging market projected to reach $15.2B by 2034 at 10.1% CAGR, with ultra-fast infrastructure growing 16.3% annually.
Visa and Mastercard Win Preliminary Approval for $38 Billion Swipe Fee Settlement
Visa and Mastercard Win a significant legal victory after receiving preliminary approval for a proposed $38 billion swipe fee settlement. The agreement represents one of the largest antitrust settlements in U.S. history and could reshape the relationship between merchants, payment processors, and consumers. The settlement addresses long-standing disputes over interchange fees, commonly known as swipe…
Sasol Invests €60M in German Plant to Boost Catalyst Supply, June 10
Sasol invests €60 million to expand specialty chemicals capacity at Brunsbüttel plant, producing catalyst supports for refineries starting 2029.
Starbucks Weighs Japan Stake Sale Worth Up to $3.1 Billion Amid Global Restructuring
Starbucks is reportedly exploring the sale of its stake in its Japanese business in a deal that could be valued at as much as $3.1 billion. The move comes as the coffee giant continues a broader global restructuring effort aimed at improving efficiency, strengthening profitability, and focusing on long-term growth opportunities. The potential transaction has…