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Google Ordered to Pay $1.5 Billion to Klarna’s PriceRunner in Swedish Antitrust Damages Case
Google faces a major antitrust penalty in Sweden today, July 1, 2026. Stockholm’s Patent and Market Court ordered Google to pay 14.3 billion Swedish crowns, roughly $1.5 billion, to PriceRunner. Klarna Group (NYSE: KLAR), which owns PriceRunner, had sought $8.3 billion in its original claim. The ruling caps a case built on a 2017 European…
Vedanta Iron and Steel Shares Soar 94% Since Listing at ₹20, Hit Upper Circuit at ₹38.78
Vedanta (VEDL) Iron and Steel shares extended their blistering rally today, July 1, 2026. The stock touched an intraday high of ₹38.78 on the NSE, locking in a 10% upper circuit. That marks a 93.9% gain from its ₹20 listing price on June 15. The rally comes days after the stock exited its mandatory Trade-to-Trade…
Yen Hits 40-Year Low as USD/JPY Climbs to 162.41 Amid Intervention Fears
The yen slumped to levels unseen in four decades on June 30, 2026. The yen weakened to 162.41 per dollar for the first time in 40 years on Tuesday, while Japanese Finance Minister Satsuki Katayama reiterated that authorities stood ready to respond appropriately at any time. The yen fell to 162.19 per dollar as of…
Abivax Shares Soar 27% After Ulcerative Colitis Drug Shows Strong Results in Hard-to-Treat Patients
Abivax shares surged sharply after new clinical trial results for its ulcerative colitis treatment, obefazimod, showed strong performance in patients who previously failed standard therapies. The stock reaction reflects renewed investor confidence in the biotech pipeline and growing hopes for a breakthrough therapy in a difficult disease area. The move also comes at a time…
KEC International (NSE: KEC) Shares Jump Nearly 7% After Securing New Orders Worth ₹1,754 Crore Across Businesses
KEC International (NSE: KEC) shares surged nearly 7% on June 30, 2026, after a major order win announcement. KEC International Ltd., a global infrastructure EPC major and an RPG Group company, secured new orders of Rs 1,754 crore across various businesses, including significant high-voltage transmission line tower supplies in the Americas. With these wins, the…
WhatsApp Introduces Usernames, Ending the Need to Share Phone Numbers
WhatsApp is rolling out one of its biggest privacy changes yet. The Meta-owned platform announced on Monday, June 29, 2026, that users can now reserve usernames ahead of the feature’s wider launch later this year. Meta says more than 3 billion people across 180 countries use WhatsApp’s messaging and video-calling platform. This marks a fundamental…
Apple’s iPhone 18 Pro Supplier List and Component Details Leaked in Tata Data Breach, Exposing Key Manufacturing Partners
Apple is facing a fresh supply chain security challenge after confidential information linked to the upcoming iPhone 18 Pro reportedly surfaced in a data breach involving Tata Electronics. The leaked files, revealed in late June 2026, allegedly include supplier lists, component details, and prototype-related documents. While investigators continue to verify the full scope of the…
NZX Update: PGG Wrightson Gains Nearly 4% Amid Strong Commercial Services Performance
The NZX saw a positive move in the commercial services sector during Tuesday’s midday trading, with PGG Wrightson leading the gains. The rural services company attracted investor interest after extending its recent momentum, while some other sectors remained under pressure. The latest market action highlights how stock-specific strength can outperform even when broader sector performance…
Viva Wine Group (STO: VIVA) Shares Surge 35% as April May Sales Jump 33.2% to SEK 1.03 Billion on Acquisitions
Viva Wine Group grabbed investors’ attention after its shares jumped more than 35% following a strong sales update for the period from April 1 to May 31, 2026. The company reported a sharp rise in revenue, mainly driven by recent acquisitions, even as it continued to face pressure from weaker consumer demand and higher operating…