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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.
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.
UK Supreme Court Rules Against Gerko in £22.5M Tax Dispute, June 18
UK Supreme Court rules against billionaire trader Alex Gerko in £22.5M tax dispute over fund structure and income tax classification.
Finland Lifts Nuclear Weapons Ban to Align With NATO, June 18
Finland’s parliament lifts nuclear weapons ban, enabling NATO deployment on its territory to strengthen alliance deterrence against Russia.
Government Approves 8.25% EPF Interest Rate for FY26, June 18
Government approves 8.25% EPF interest rate for FY26. Over 7 crore subscribers receive credits in June 2026.
Tesco Sales Growth Halves to 1.8% as Middle East Conflict Dents Shopper Confidence; Stock Falls 2.4%
The slowdown is sharp, even if sales are still rising. Tesco’s UK sales growth more than halved in its first quarter, with comparable sales rising 1.8% to £13.4 billion in the three months to the end of May 2026, down from 4.2% in the prior comparable period. The retailer said weaker consumer confidence and higher…
Accenture to Acquire Cybersecurity Firms in $4.18B Deal; Shares Fall 5% in Premarket
Accenture (ACN) delivered good strategic news and bad guidance news on the same morning. Accenture will acquire a majority stake in Dragos and fully purchase runZero and NetRise in a $4.18 billion cybersecurity deal. Shares of the Dublin, Ireland-based company fell about 5% in premarket trading, settling near a -5.75% decline. Separately, Accenture cut the…
EQT Strikes £9.5 Billion Deal for Intertek, Valuing Shares at £61.077 Including FY25 Dividend
Three rejections couldn’t stop this deal. The fourth offer did. Intertek Group agreed to a recommended cash acquisition by EQT. EQT strikes through newly formed Isotope Bidco on June 18, 2026, in a deal valuing the testing, inspection and certification company at approximately £9.5 billion. Intertek shareholders will receive £60 in cash per share and…