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US Strikes Iran After Apache Helicopter Downed, June 10
US military strikes Iran after Apache helicopter downed over Strait of Hormuz. Two pilots rescued safely. Ceasefire at risk as tensions escalate.
Lidl’s Panda 001 Sails Under German Flag, Heilbronn Becomes Shipping Hub
Lidl’s Tailwind Shipping Lines registers container ship Panda 001 under German flag, strengthening supply chain independence.
Iran War Costs UK Economy £25 Billion in Added Expenses, June 10
Iran war adds £25 billion in costs for UK and global firms as energy prices surge and supply chains face disruption.
Barbeques Galore Liquidates 62 Stores, 500 Jobs Lost on June 10
Barbeques Galore enters liquidation with 62 stores closing and 500 jobs lost after rescue deal collapsed.
ASEAN Future Forum Opens in Hanoi, June 10
Vietnam hosts 2026 ASEAN Future Forum in Hanoi, focusing on AI, green economy, and regional cooperation to reshape ASEAN’s global role.
Lufthansa Adds ITA Airways to Europe-Japan Joint Venture, June 10
Lufthansa adds ITA Airways to Europe-Japan joint venture with ANA, effective autumn 2026. Agreement signed June 8 at IATA meeting in Rio.
Germany and France End €100B Fighter Jet Project, June 09
Germany and France cancel €100 billion FCAS fighter jet project after Airbus-Dassault leadership disputes. Combat Cloud may continue separately.
Hong Kong Banks Boost Savings Rates: HKD3,888 Cash Rebate Offers, June 10
Hong Kong banks offer up to HKD3,888 cash rebates on savings accounts with minimum deposits of HKD5 million through October 2026.
Hong Kong Civil Servants Get 2% Pay Rise Backdated to April
Hong Kong civil servants receive 2% pay rise for 2026-27, backdated to April 1, costing HK$6 billion across all salary bands.