LOGO
LOGO

Business News

Reddit has introduced a new feature that lets users post videos right in the comment sections, opening up even more ways for everyone to join in on discussions throughout the platform.

Appeals Court Upholds Sam Bankman-Fried Fraud Conviction, Dashing Bid For New Trial

June 12, 2026 17:05 ET bankman 12062026 lt

Sam Bankman-Fried, the former head of FTX, just hit a big legal roadblock. A federal appeals court decided to uphold his fraud conviction, keeping his 25-year prison sentence for his part in the collapse of the cryptocurrency exchange.

SpaceX Raises $75 Bln In IPO, Turning Musk First Trillionaire

June 12, 2026 08:31 ET spacexipov2 12062026 lt

The world is preparing for the much awaited news of Space Exploration Technologies Corp. or SpaceX, tech visionary Elon Musk's brain child, starting trading on the U.S. Market for the first time. The initial public offering or IPO, which is deemed to be the largest stock market debut in history, is making Musk world's first trillionaire.

Poh Kong Holdings Berhad Bottom Line Rises In Q3

June 15, 2026 05:46 ET Topstories2 30052024 lt

Poh Kong Holdings Berhad (5080.KL) announced a profit for its third quarter that Increased, from the same period last year The company's earnings totaled MYR70.02 million, or MYR0.1706 per share. This compares with MYR47.60 million, or MYR0.116 per share, last year. The company's revenue for the...

  • US, Iran To Sign Peace Deal To End War; Trump Says Strait Of Hormuz To Reopen June 15, 2026 05:36 ET

    The United States and Iran have agreed to a peace deal to end the Middle East war. The agreement will be signed on this Friday in Geneva, Switzerland. The diplomatic breakthrough came hours ahead of President Donald Trump's departure to Europe for the G7 summit. He announced that the Strait of Hormuz will reopen after the agreement is signed and the United States will lift its naval blockade of

  • CleanTech FY25 Loss Narrows On Reduced Administrative Costs June 15, 2026 05:02 ET

    On Monday, CleanTech Lithium Plc (CTL.L), a Lithium mining company, reported a narrower loss in fiscal year of 2025, compared to loss in fiscal 2024. The narrower loss was attributable to the reduction of administrative expenses and absence of impairment loss. Loss in 2025 was 2.81 million pounds,...

  • AEP Plantations 5-month FFB, CPO Output Down; Says Confident To Meet Market View Ahead; Stock Gains June 15, 2026 04:57 ET

    Palm oil producer AEP Plantations Plc (AEP.L) reported Monday that its production of own fresh fruit bunch or FFB and Crude palm oil declined in the first five months of the year amid lower yields and replanting. The firm said the performance was supported by favourable average CPO prices. Regarding...

  • Kyowakogyosyo Co. Ltd Announces Increase In Full Year Profit June 15, 2026 04:56 ET

    Kyowakogyosyo Co. Ltd (5971.T) reported a profit for its full year that Increased, from last year The company's bottom line totaled JPY863 million, or JPY663.09 per share. This compares with JPY708 million, or JPY535.66 per share, last year. The company's revenue for the period rose 3.5% to JPY10.828...

  • View More

Cuentas Names Eric Kilinsky Interim CFO, Suchard Chief AI Officer; Shares Up

June 12, 2026 10:04 ET rttnewslogo20mar2024 lt

On Friday, Cuentas Inc. (CUEN), a mobile phone service provider, announced that it has appointed Eric Kilinsky as Interim Chief Finance Officer, effective June 8 to succeeds Ofek Haim Suchard. Suchard is appointed as Chief Artificial Intelligence Officer. On the One One Nasdaq-100, the shares closed...

Global Economics Weekly Update - Jun 08-12, 2026

June 12, 2026 17:14 ET
Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.

InnoCare Pharma Highlights Over 40 Orelabrutinib Studies At EHA 2026

June 15, 2026 04:10 ET biotech1 18042024 lt

InnoCare Pharma (HKEX: 09969) reported a major milestone at the European Hematology Association (EHA) 2026 Congress, presenting more than 40 clinical studies on its BTK inhibitor Orelabrutinib, including the first clinical data from treatment-naïve chronic lymphocytic leukemia/small lymphocytic lymphoma patients in the United States and Europe.

Friedman Q4 Profit Rises Due To High Sales Volume; Issues Q1 FY27 Outlook; Shares Up

June 12, 2026 07:10 ET earnings1 30052024 lt

Friedman Industries, Inc. (FRD), a steel manufacturing company, reported higher profit in the fourth quarter, compared to the prior year. The increase was attributable to same-facility volume growth at the company's existing operations. In the pre-market activity on the Nasdaq, the shares were trading...

Eurozone Industrial Output Rises Marginally

June 15, 2026 05:51 ET economy2 30052024 lt

Eurozone industrial production logged a marginal expansion in April, with consumer and intermediate goods offsetting declines in capital and energy sectors, official data showed Monday. Industrial output rose 0.1 percent from March, when production advanced 0.4 percent, Eurostat reported. Output was expected to climb 0.2 percent. Nonetheless, this was the third consecutive rise in production.

  • Italy Trade Surplus Grows In April June 15, 2026 05:48 ET

    Italy's foreign trade surplus increased in April from a year ago as exports grew faster than imports. The trade surplus rose to EUR 4.3 billion in April from EUR 2.5 billion in the corresponding month last year. Exports climbed 8.8 percent annually in April, and imports were 5.5 percent higher. The export growth was sustained and involved most sectors, with the exception of pharmaceuticals.

  • Finland Inflation Climbs To 26-Month High June 15, 2026 04:13 ET

    Finland's consumer price inflation accelerated in May to the highest level in more than two years, driven primarily by higher transport charges amid rising fuel prices. The consumer price index rose 2.1 percent year-over-year in May, faster than the 1.5 percent increase in April. Further, this was the highest inflation rate since March 2024, when prices climbed 2.2 percent.

  • Japan Tertiary Activity Index Rises 1.3% June 15, 2026 03:43 ET

    Japan's tertiary activity index increased for the first time in three months in April. The seasonally adjusted tertiary activity index rose 1.3 percent on a monthly basis, reversing a 0.6 percent decrease in March. Among industries, finance and insurance, information and communications, wholesale trade, living and amusement-related services increased.

  • View More

The Campbell's Q3 26 Earnings Conference Call At 9:00 AM ET

June 08, 2026 07:00 ET rttnewslogo20mar2024 lt

The Campbell's Company (CPB) will host a conference call at 9:00 AM ET on June 8, 2026, to discuss Q3 26 earnings results. To access the live webcast, log on to https://investor.thecampbellscompany.com To listen to the call, dial (800) 715-9871 (US) or (646) 307-1963 (International), Conference ID: 3623156.

SWI Group Announces Acquisition Of Significant Shareholding In Genesis Digital Assets

June 15, 2026 02:56 ET rttnewslogo20mar2024 lt

SWI Group (SWICH.AS) announced the acquisition of a significant shareholding in Genesis Digital Assets for an aggregate consideration of $500 million. GDA holds 1.3 GW of energized and approved grid connections. The platform comprises 15 facilities, including multiple hyperscaler-grade sites in Texas. Upon...

SpaceX Raises $75 Bln In IPO, Turning Musk First Trillionaire

June 12, 2026 08:31 ET spacexipov2 12062026 lt

The world is preparing for the much awaited news of Space Exploration Technologies Corp. or SpaceX, tech visionary Elon Musk's brain child, starting trading on the U.S. Market for the first time. The initial public offering or IPO, which is deemed to be the largest stock market debut in history, is making Musk world's first trillionaire.

Economic Calendar View More
DateIndicatorPeriodCountry