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Trump’s New Global Tariffs Loom as $71B Refund Wave Hits Companies
Companies have received $71 billion in tariff refunds after the Supreme Court ruled Trump’s tariffs illegal. Now Trump plans new global tariffs of 10-12.5% starting July 24, affecting UK, Japan, India, Taiwan, and China.
Bitcoin (BTC/USD) Falls Below $63,000 as U.S.-Iran Tensions and Rate Fears Hit Crypto Markets
On 17 July 2026, Bitcoin (BTC/USD) slipped below the $63,000 mark as investors responded to rising tensions between the United States and Iran and fresh concerns about future Federal Reserve interest rate decisions. The move weighed on the wider cryptocurrency market, with several leading digital assets posting losses. As uncertainty grows across global markets, traders…
FTSE 100 Edges Higher 0.05% as U.S.-Iran Conflict Keeps Investors on Edge Despite Asian Selloff
On 17 July 2026, the FTSE 100 inched up 0.05%, holding steady even as several Asian markets moved lower amid rising tensions between the United States and Iran. Investors stayed cautious as concerns over global economic growth and energy supplies continued to build. Even with the uncertain backdrop, London’s benchmark index found support from defensive…
Zhongji Innolight Targets Up to $7 Billion in Hong Kong Listing After July 17 Approval
Zhongji Innolight is nearing final clearance for what could become Hong Kong’s largest listing this year. Bloomberg reported on July 15, 2026, that China’s securities regulator was set to approve the deal. That approval clears the path for a Hong Kong Stock Exchange listing hearing this week. Zhongji Innolight now aims to raise to $7…
PC Jeweller Shares Fall 5.80% to ₹9.73 After Board Approves ₹1,000 Crore QIP on July 16
On 16 July 2026, PC Jeweller shares fell 5.80% to ₹9.73 after the company’s board approved a ₹1,000 crore Qualified Institutional Placement (QIP). The fundraising plan aims to strengthen the company’s finances and support future growth. However, the announcement also raised concerns about possible equity dilution, leading to selling pressure in the stock. Here’s why…
Caliber Mining IPO Sees Early Bids on Day 1; ₹135 Crore Anchor Book Backed by Abakkus and Helios
The Caliber Mining IPO opened for public subscription on July 17, 2026. The Maharashtra-based coal mining and logistics firm is raising ₹450 crore through this mainboard offering. Ahead of the launch, the company secured ₹134.99 crore from anchor investors on July 16. Abakkus and Helios Mutual Fund led the anchor round, signaling strong institutional confidence…
Jio IPO: Reliance’s ₹30,000 Crore Public Offer Marketing Set to Begin Next Week After Q1 Results
The Jio IPO marketing push is set to begin next week after Reliance’s Q1 results. Meanwhile, Reliance Industries reports its June-quarter earnings today, Friday, July 17, 2026. Earlier, Jio Platforms filed its draft prospectus with SEBI on June 19, 2026. According to analysts, the offering could raise between ₹30,000 crore and ₹52,000 crore. As a…
Taylor Farms Lettuce Linked to 1,644 Cyclospora Cases at Taco Bell
FDA identifies Taylor Farms lettuce as source of cyclosporiasis outbreak at Taco Bell in five states. Over 1,644 confirmed cases and 94 hospitalizations reported since May.
Starship 13th Flight Test Set for Launch Next Week; 90-Minute Window Opens at 5:45 p.m. CT
Starship’s 13th flight test is now targeting a new launch window next week. SpaceX aborted Thursday’s attempt at the last second on July 16, 2026. Four engines on Super Heavy Booster 20 failed to ignite as planned. Elon Musk confirmed Friday that two Raptor engines will be removed and replaced. He said the “most probable…