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Fox Buys Roku in $22 Billion Deal, Stock Drops June 16
Fox acquires Roku for $22 billion in cash-and-stock deal, paying shareholders $160 per share to close streaming and advertising gaps.
Tesla Slips as SpaceX Merger Speculation Heats Up, June 16
Tesla shares slip as SpaceX IPO reignites merger speculation. Analyst puts odds at 80% within a year. Combined value: $3.5 trillion.
Telus Stock Offers 9.6% Dividend Yield as Analysts Target 23% Upside
Telus stock at $16.46 CAD offers 9.6% dividend yield with $20.27 analyst target, suggesting 23% upside potential.
G7 Cuts Development Aid by $48B as Summit Opens in France, June 16
G7 development aid drops $48B in 2025, marking largest annual decline since 2012. Civil society urges leaders to reverse cuts at Evian summit.
Kerala’s Free Bus Scheme Launches Amid Payasam Spill Incident, June 16
Kerala’s Priyadarshini scheme offers free bus travel for women and transgender persons on KSRTC ordinary buses, costing ₹800 crore annually.
Taiwan Tech Stocks Rally 0.91% on Iran Peace Deal, June 16
Taiwan’s Taiex index rose 0.91% to 45,809.19 on June 16 as tech stocks rallied on U.S.-Iran peace deal optimism and lower oil prices.
US stock futures hold flat after Dow hits record close on optimism over U.S.-Iran deal
U.S. stock futures traded little changed on June 16, 2026, after the Dow Jones Industrial Average closed at a record high in the previous session. Investors welcomed signs of progress toward a potential U.S.–Iran agreement, which helped ease concerns about global energy supplies and geopolitical risks. At the same time, lower oil prices added to…
Olin and Huntsman strike $12.5 billion all-stock merger to create chemicals giant
Olin and Huntsman announced a $12.5 billion all-stock merger on June 16, 2026, creating one of the largest integrated chemical companies in North America. The deal comes at a time when chemical manufacturers are facing weaker demand, higher costs, and growing pressure to improve efficiency. By combining their operations, the companies aim to strengthen their…
Vedanta Oil and Gas Shares Hit 5% Lower Circuit for Second Consecutive Session After Listing
Vedanta Oil and Gas shares extended their losing streak on June 16, 2026. The stock fell 4.99% to lock at its lower circuit limit of ₹35.20 apiece. That decline pushed the company’s market capitalization below ₹13,800 crore, settling at ₹13,764.57 crore. This marks the second consecutive session of 5% lower-circuit losses since the stock’s debut…