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Canada Fights Trump’s 10% Forced Labour Tariffs on July 9, 2026
Canada rejects Trump’s proposed 10% forced labour tariffs, citing new legislation. Democratic AGs call the tariffs unlawful. USTR launched Section 301 investigations in March 2026.
South Indian Bank MD Appointment: Mahesh Pai Gets RBI Nod, Stock Falls 9%
RBI approves Mahesh Muralidhar Pai as South Indian Bank MD & CEO from October 1, 2026. Stock tumbles 9% despite leadership transition. Board approval scheduled July 16.
Dow Falls 576 Points on July 8 as Trump Ends Iran Ceasefire
Dow Jones dropped 576.76 points (1.09%) on July 8 after Trump ended the Iran ceasefire. S&P 500 fell 0.28%, Nasdaq rose 0.20%. Oil jumped 6.32% to $74.89.
Meta’s $13B Alberta Data Centre: What It Means for Investors
Meta to invest $13 billion CAD in its first Canadian data centre in Sturgeon County, Alberta. The 1-gigawatt facility will create 3,000 construction jobs and 300 permanent roles, generating $250 million annually for the province.
India, Indonesia Sign $630M BrahMos Missile Deal on July 9
India and Indonesia finalize $630M BrahMos missile deal and 20 other agreements during PM Modi’s visit, including critical minerals, maritime security, and temple restoration projects.
Trump Ties US Troop Presence in Europe to Greenland Deal at NATO Summit—July 9
Trump links US troop withdrawal from Europe to acquiring Greenland at NATO summit. Denmark’s PM says Greenland is ‘not for sale.’ Tensions rise over defense spending and Iran support.
Cochin Shipyard Share Price Falls 3% After Government OFS Ends—July 9
Cochin Shipyard shares fell 3% after government divested 5.04% stake via OFS at ₹1,400 floor price. Unions protested, citing privatisation fears as government stake drops to 62%.
Wall Street Today: S&P 500 Futures Gain 0.3%, Nasdaq Futures Climb 0.5% Despite Ongoing U.S.-Iran Tensions
On July 9, 2026, Wall Street futures edged higher even as investors continued to monitor tensions between the United States and Iran. S&P 500 futures rose 0.3%, while Nasdaq futures added 0.5%, suggesting that confidence was returning after recent market swings. Traders are now balancing geopolitical risks with expectations for corporate earnings and upcoming Federal…
SpaceX Launches 29 Starlink Satellites Aboard Falcon 9 in Early Morning Florida Mission
SpaceX launched 29 Starlink satellites aboard a Falcon 9 rocket early Thursday, July 9, 2026. Liftoff occurred at 5:25 a.m. ET from Cape Canaveral Space Force Station in Florida. The mission, designated Starlink 10-42, deployed V2 Mini Optimized satellites into low Earth orbit. This flight also set a new company record for booster reuse. SpaceX’s…