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Business

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Wall Street rebounds as sell-off of day earlier is reversed
Wall Street rebounds as sell-off of day earlier is reversed

NEW YORK, New York -  U.S. stocks staged a dramatic turnaround on Thursday, regaining most of the ground lost on the inflation surge...

SpaceX IPO draws massive investor interest, sources say
SpaceX IPO draws massive investor interest, sources say

NEW YORK CITY, New York: Investor demand for SpaceX's blockbuster initial public offering has exceeded US$250 billion, far surpassing...

Boots owners weigh sale as London IPO plans fade
Boots owners weigh sale as London IPO plans fade

LONDON, U.K.: British retailer Boots is discussing a potential $10 billion (£7.5 billion) sale with prospective buyers, a move that...

Existing home sales jump as buyers return to housing market
Existing home sales jump as buyers return to housing market

WASHINGTON, D.C.: Sales of previously owned homes in the United States rose to their strongest pace of the year in May, signaling renewed...

Iran war, latest CPI, undermine Wall Street, Nasdaq loses nearly 2%
Iran war, latest CPI, undermine Wall Street, Nasdaq loses nearly 2%

NEW YORK, New York - U.S. stocks tumbled on Wednesday as the latest CPI reading showed inflation in the United States has surged to...

OpenAI joins Anthropic in move toward blockbuster IPO
OpenAI joins Anthropic in move toward blockbuster IPO

SAN FRANCISCO, California: OpenAI has confidentially filed for a U.S. initial public offering, becoming the latest artificial intelligence...

China

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Learn from Ukraine, Gulf wars on defense spending, Taiwan advised
Learn from Ukraine, Gulf wars on defense spending, Taiwan advised

TAIPEI, Taiwan: Taiwan should use its defense money more wisely and learn from the wars in Ukraine and the Middle East, especially...

EU weighs supply chain diversification requirements
EU weighs supply chain diversification requirements

BRUSSELS, Belgium: The European Commission is considering new legislation that could require companies in sensitive sectors to diversify...

ETHIOPIA-ADDIS ABABA-CHINA-AFRICA THINK TANK ENERGY FORUM
ETHIOPIA-ADDIS ABABA-CHINA-AFRICA THINK TANK ENERGY FORUM

(260611) -- ADDIS ABABA, June 11, 2026 (Xinhua) -- Erastus Mwencha, former deputy chairperson of the AU Commission and current chairperson...

CFU applauds Canadian Senate initiative pressing China to free Gulshan Abbas
CFU applauds Canadian Senate initiative pressing China to free Gulshan Abbas

Washington DC [US], June 11 (ANI): The organisation has welcomed a motion introduced in the Canadian Senate on June 9 by Senator Leo...

IN-SPACe Funds Astrobase Rocket Tech; Jitendra Singh asserts, "India wins on talent"
IN-SPACe Funds Astrobase Rocket Tech; Jitendra Singh asserts, "India wins on talent"

Ahmedabad (Gujarat) [India], June 11 (ANI): In a major boost to India's space industry, the Indian Government has granted support to...

CHINA-ZHANG GUOQING-WORLD CONVERGENCE SUMMIT FOR GROWTH (CN)
CHINA-ZHANG GUOQING-WORLD CONVERGENCE SUMMIT FOR GROWTH (CN)

(260611) -- BEIJING, June 11, 2026 (Xinhua) -- Chinese Vice Premier Zhang Guoqing, also a member of the Political Bureau of the Communist...

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