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Shell Pauses $3B Buyback as ARC Acquisition Vote Nears, June 13
Shell pauses $3B buyback program from June 12 to July 14 ahead of ARC Resources acquisition shareholder vote. Stock trades at $85.71, down 0.40%.
Delta Passenger Faces 20 Years for Assault on Flight Attendant, June 12
Delta passenger indicted on federal felony charge for allegedly assaulting flight attendant, facing up to 20 years in prison.
US-Iran Peace Deal Nears as Trump Cancels Strikes, Oil Falls Below $90
Trump cancels Iran strikes as peace talks advance. Brent crude falls below $90/barrel on de-escalation hopes amid nuclear program disputes.
Mitsui Sumitomo Merger Targets ¥280B Profit by 2030, June 12
Mitsui Sumitomo Marine and Aioi Nissay Dowa merger targets ¥280B profit by 2030, reshaping Japan’s insurance competitive landscape.
IndiGo, HPCL Rally 3% as Crude Oil Falls Below $90 on Iran Peace Deal, June 12
IndiGo and HPCL surge as Trump signals Iran peace deal, crude oil drops below $90 on easing geopolitical tensions.
UK Economy Shrinks: GDP Drops 0.1% in April as Iran Conflict Sends Energy Costs Soaring and Growth Slows
The UK Economy faced a setback in April as the country’s Gross Domestic Product (GDP) fell by 0.1%, highlighting growing pressure from higher energy prices, weaker consumer demand, and increasing global uncertainty. The decline came at a time when geopolitical tensions involving Iran pushed energy costs higher, creating additional challenges for businesses and households. The…
Starbucks Explores Japan Stake Sale Worth $2.5B, June 12
Starbucks explores stake sale or IPO for Japan unit valued at $2.5 billion following China divestment and asset-light strategy shift.
Japan Stock Market Today: Nikkei 225 Surges 2.87%, Led by Mitsui Mining and Disco Corp Gains
The Japan Stock market delivered an impressive performance as the Nikkei 225 Index surged 2.87%, reflecting strong investor confidence and renewed buying activity across key sectors. The rally was supported by gains in technology, semiconductor, industrial, and materials stocks, with investors focusing on companies that continue to benefit from growing demand in artificial intelligence, advanced…
Amazon stock jumps 1.47% to $241.51 as the company doubles down on EV Logistics in India with Private Charging Infrastructure Push
Amazon shares climbed 1.47% to close at $241.51, reflecting investor confidence as the e-commerce giant strengthened its long-term electric mobility strategy in India. Instead of relying mainly on public charging stations, Amazon is building and expanding its own private charging infrastructure across delivery stations to support a larger electric delivery fleet. The move is aimed…