Harmonic Drive Systems Inc.
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Dammann Files for Insolvency as German Farm Equipment Sector Weakens, June 03
German farm equipment maker Dammann files for insolvency. The 150-employee Buxtehude company cites weak agricultural demand and high costs.
S&P 500 Hits Record 7,600 as AI IPO Wave Fuels Rally
S&P 500 hits record 7,600 on AI momentum. Anthropic IPO filing and Marvell’s 32% surge amid historic valuations and geopolitical risks.
S&P 500 Rises 9.82 Points to 7,609.78, Marks Year Long Milestone
The S&P 500 continued its record-setting rally on June 2, closing at 7,609.78, up 9.82 points or 0.13%. The benchmark index has now delivered its longest winning streak in more than a year, reflecting strong investor confidence in artificial intelligence spending, technology earnings, and economic resilience. The latest move also pushed the index to another…
NZX Midday Update: ikeGPS Climbs 1%+, Ventia Services Down Nearly 2%
The NZX Midday session showed a mixed market trend, with electronic technology stocks outperforming and industrial services shares facing selling pressure. Sector data indicated that electronic technology stocks gained more than 2%, making it the strongest performing segment on the New Zealand Exchange during midday trading. Meanwhile, industrial services stocks declined by close to 4%,…
Payday Super Starts July 1: What Australian Employers Must Know
Payday Super begins July 1, 2026. Employers must pay super within seven days of wages. Minimum wage rises 6%.
Trump Cuts Metal Tariffs on Farm Equipment to 15%, June 02
Trump reduces tariffs on farm and industrial equipment from 25% to 15% effective June 8, 2026, through December 31, 2027.
Ebola Outbreak Spreads to Uganda as DRC Cases Hit 321, June 03
Ebola outbreak in DRC and Uganda reaches 321 confirmed cases with 48 deaths. Rare Bundibugyo strain complicates response efforts.
Trump Tightens Cuba Squeeze: Oil Embargo, Drones, and Hotel Exodus, June 03
Trump’s 2026 energy embargo on Cuba triggers blackouts, food shortages, and economic crisis as foreign hotel chains withdraw amid U.S. sanctions.
India Enforces Stricter LPG Rules, Pushes PNG Shift on June 1
India enforces stricter LPG rules from June 1: one-household-one-connection policy, 30-day PNG surrender deadline, extended refill lock-in periods.…