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Shell Plans $1B Offshore Wind Sale, Pivots to Fossil Fuels, June 13
Shell divests $1 billion in offshore wind assets, pivoting toward fossil fuels under CEO Wael Sawan’s strategy.
Cologne Bomb Disposal: Two WWII Bombs Safely Defused June 13
Two 50-kilogram WWII bombs were safely defused in Cologne-Ossendorf on June 12, with 22 residents evacuated from a 300-meter safety zone.
Coimbatore Girl Murder: 819-Page Chargesheet Filed, June 13
Coimbatore police file 819-page chargesheet in Sulur girl murder case. Two suspects arrested. POCSO court extends judicial custody to June 15.
Beisia Opens First Discount Store “Kokotoku” on June 12
Beisia opens discount supermarket “Kokotoku” in Saitama June 12, with 1-2 decade lower prices. Plans 5 stores in 2 years.
SpaceX IPO Soars 19% to $161 on Record $75B Debut, June 13
SpaceX stock SPCX jumps 19% to $161 in record IPO debut, raising $75B and valuing the company at $2.1 trillion.
Indonesia Arrests 13 Daycare Workers Over Child Abuse, June 13
Indonesian authorities arrested 13 daycare workers after discovering over 100 abused children at Little Aresha centre in Yogyakarta.
US Wholesale Prices Jump 1.1% in May, Highest Since 2022
US wholesale prices rose 1.1% in May, the highest annual gain since November 2022, driven by energy price surges amid Middle East tensions.
Adobe Stock Falls 13% on CFO Exit Despite Record Q2 Earnings, June 12
Adobe stock drops 13% to $202.89 despite beating Q2 earnings and raising guidance. CFO Dan Durn exits for Marvell as CEO search continues.
Shell Pauses $3B Buyback as ARC Acquisition Vote Nears, June 13
Shell pauses $3B buyback program from June 12 to July 14 ahead of ARC Resources acquisition shareholder vote. Stock trades at $85.71, down 0.40%.