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HMS Prince of Wales Launches F-35B Jets in Arctic, June 19
HMS Prince of Wales launches F-35B jets in Arctic waters during NATO Arctic Sentry mission, demonstrating UK carrier strike capability.
NatWest Boss Warns AI Will Replace Some Banking Jobs, June 19
NatWest CEO Paul Thwaite warns AI will replace some banking jobs as the 60,000-strong workforce faces inevitable change.
Polestar CEO Pushes EU to Keep 2035 ICE Ban as EV Sales Surge, June 19
Polestar CEO opposes EU’s 2035 ICE ban softening, citing strong EV adoption and infrastructure readiness. European EV sales grew 30% in 2025.
Germany’s Pension Reform Splits Coalition: Beamte Face 600-800 Euro Cut
Germany’s pension reform divides coalition: SPD opposes raising retirement age beyond 67; Beamte face potential 600-800 euro monthly losses.
XPeng Stock Hits 52-Week Low as Dilution Vote Looms, June 19
XPeng stock falls to 52-week low of €11.64 ahead of June 26 shareholder vote on 20% dilution. Deliveries lag Q2 targets as CEO pushes robotics push.
SpaceX Soars Past Amazon as Michael Burry Questions Valuation, June 19
SpaceX stock surged 50% post-IPO to $2.66T market cap. Michael Burry questions valuation; Oppenheimer targets $250. Analyst consensus remains bullish.
BayWa Stock June 18: German Retailer Faces Market Headwinds
BayWa stock faces pressure as Germany’s largest agricultural and building materials retailer navigates rising costs and weak consumer demand.
Rivian Cuts 300 Jobs as R2 Launch Falters, Stock at $16.26
Rivian lays off less than 2% of workforce after R2 launch. Stock falls to $16.26 as company pursues profitability.
Supreme Court Poised to Rule on Trump’s Birthright Citizenship Ban, June 18
Supreme Court nears ruling on Trump’s birthright citizenship executive order. Decision expected by end of June could block automatic citizenship for…