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UK Families Rush to Boost Children’s Pensions Before 2027 Tax Change, June 14
UK families boost children’s pensions ahead of April 2027 inheritance tax rule change affecting pension assets in estates.
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.
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.
ANZ Falls 5.6% as Hedge Funds Bet Against Big Four Banks, June 14
ANZ down 5.6% YTD as hedge funds double shorts to $10.9B. Citi cuts profit forecasts on slowing home loan growth and rising rates.
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.
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.
Oil Prices Hit 3-Month Lows as Crude Falls Below $90, June 13
Oil prices hit 3-month lows with Brent at $87.33 and WTI at $84.88. Gas prices fall for third week as crude stays below $100.