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EQT Strikes £9.5 Billion Deal for Intertek, Valuing Shares at £61.077 Including FY25 Dividend
Three rejections couldn’t stop this deal. The fourth offer did. Intertek Group agreed to a recommended cash acquisition by EQT. EQT strikes through newly formed Isotope Bidco on June 18, 2026, in a deal valuing the testing, inspection and certification company at approximately £9.5 billion. Intertek shareholders will receive £60 in cash per share and…
US Stock Market Rises: Nasdaq Futures Climb 1.3%, S&P 500 Adds 0.6% Amid Iran Deal Focus
U.S. stock market futures moved higher on June 18, 2026, as investors reacted positively to growing optimism surrounding a potential U.S.-Iran agreement. Nasdaq futures jumped 1.3%, while S&P 500 futures gained 0.6%, signaling a stronger risk appetite across Wall Street. At the same time, falling oil prices helped ease inflation concerns and boosted sentiment in…
Swiss National Bank Holds Rates at 0% on June 18, Eyes Franc Strength
SNB holds rates at 0% on June 18 as Swiss inflation stays at 0.6%. All economists expect no change through 2026, with focus on franc management.
Gold Falls 1.11% to ₹15,219/gram in India, June 18
Gold prices in India fell 1.11% to ₹15,219/gram on June 18, 2026, after Fed signals possible rate hike, strengthening the dollar.
Intel Stock (NASDAQ: INTC) Hits $130.95 in Pre-Market (+8.13%) on Apple Chip Deal News
Intel stock grabbed Wall Street’s attention on June 18, 2026, after shares surged more than 8% in pre-market trading to around $130.95. The rally followed news of a potential chip manufacturing partnership between Intel and Apple, a move that could reshape the U.S. semiconductor industry. Investors quickly responded to the announcement, viewing it as a…
Shenzhen Metro Line 13 North Extension Opens June 30, Cuts Travel Time to 45 Minutes
Shenzhen Metro Line 13 north extension opens June 30 with 11 new stations, reducing Guangming to Shenzhen Bay Port travel time to 45 minutes.
Kevin M. Warsh: Fed Holds Interest Rates and Warns of Possible Future Increases Amid Inflation Fight
The Federal Reserve kept interest rates unchanged on June 17, 2026, but its latest message caught investors’ attention. Under Fed Chair Kevin M. Warsh, policymakers signaled that additional rate hikes could still be needed if inflation remains stubbornly high. The decision reflects growing concern over rising prices despite a resilient U.S. economy. As markets adjust…
UK Supreme Court Rules Against Alex Gerko in £22.5M Tax Dispute, June 18
UK Supreme Court rules traders must pay income tax on HFFX deferred profits. Alex Gerko and 12 others face £22.5M tax bill. HMRC wins case.
Georgia Republicans Reject Redistricting Plan, June 18
Georgia Republicans reject 2028 redistricting plans following Supreme Court ruling that weakens voting protections for minorities.