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India Caps Diesel at 200L Daily, Bars Commercial Buyers, June 14
India caps diesel sales at 200 litres daily and bans bulk purchases at retail pumps for 90 days to curb hoarding.
Switzerland Population Vote Looms as Nation Weighs 10M Cap, June 14
Switzerland votes Sunday on a 10 million population cap. Current population is 9.1 million, up 27% since 2002.
Monsoon Storms Trigger Power Outages Across India, June 14
Monsoon storms cause power outages across India. IMD issues red alerts for Delhi-NCR as thunderstorms disrupt electricity supply.
Australia’s Capital Gains Tax Overhaul Aims to Help 75,000 First-Home Buyers
Australia’s capital gains tax reforms replace the 50% discount with inflation indexation to improve housing affordability for 75,000 Australians.
Paramount Wins DOJ Approval for $111B Warner Bros. Merger, June 14
Justice Department approves Paramount’s acquisition of Warner Bros. Discovery, combining HBO, CNN, CBS, and Paramount+ into one entertainment giant.
Airbus A350 Marks 13 Years as Airlines Expand Fleet Deployment
Airbus A350 marks 13 years in service with Japan Airlines expanding long-haul fleet deployment amid growing international travel demand.
ComfortDelGro Stock Flat as Robotaxi Push Gains Traction, June 14
ComfortDelGro stock at S$1.29 targets China and Singapore robotaxi markets. Meyka rates it B with S$1.52 price target.
Westpac Falls 2.6% as Mortgage Applications Drop 10%, June 14
Westpac stock fell 2.6% after mortgage applications dropped 10%. Meyka rates WBC.AX B+ with A$46.03 target, indicating limited downside from A$35.00.
UK Negative Power Prices Surge as Renewable Energy Floods Grid, June 14
UK negative power prices occur when renewable energy generation exceeds grid demand, forcing operators to manage surplus capacity.