Goldman Sachs' Jim Covello believes AI is further from profitability today than it was two years ago because massive spending has only widened the gap between investment and returns, with an estimated 95% of...
In May 2025, a Middle East war that disrupted the Strait of Hormuz created a global energy price shock, causing a clear divergence in services sector health: US and Asian economies expanded while the eurozon...
Iran halted all indirect nuclear negotiations with the U.S. on June 1, demanding an immediate end to Israeli operations in Lebanon and Gaza.
Factorial, a Barcelona based workforce platform, announced a $150 million Series D led by General Catalyst at a $2.5 billion valuation, with an additional $540 million committed through a non dilutive Custom...
Meta launched its 'Business Agent' at the Conversations conference in London, an AI tool for WhatsApp, Messenger, and Instagram that automates customer support, schedules appointments, and can close sales, a...
Australian Trade Minister Don Farrell's key advice for the EU is a strategy of patient diplomacy, leveraging WTO proceedings without retaliatory tariffs to resolve trade disputes, a playbook that helped Aust...
The IEA warns that global oil inventories—down an estimated 250 million barrels from March through May 2026—could fall to historically critical lows by July and August, right when peak summer fuel demand hits.
On 3 June 2026, the European Commission said EU countries can request that up to 0.3% of GDP per year of their existing defence spending fiscal leeway be redirected to structural green energy investments, pr...
The U.S. Trade Representative proposed additional duties of 10% or 12.5% on all imports from 60 economies, citing a failure to enforce bans on goods made with forced labor, but the plan includes a public hea...
TSMC shares hit a record $449.39 on June 2, 2026, as Nvidia's $150 billion annual investment pledge for Taiwan and the Computex launch of its RTX Spark AI superchip for Windows PCs converged with TSMC's own...
A diplomatic crisis between Ukraine and Poland escalated in late May 2026 after President Zelenskyy named a special forces unit after the UPA, a WWII group responsible for the Volhynia massacre of up to 100,...
AkzoNobel shares fell 19% after Sherwin Williams and Nippon Paint withdrew their joint €12.5 billion ($14.5 billion) cash acquisition offer, which the Dutch paint maker's board had rejected.