Business

Trump threatens 100% tariff on French wine over tech tax as G7 meets, NY Post reports

Monday, June 15 by SRN News

June 15 (Reuters) - President Donald Trump on Monday warned that the U.S. will "have no choice" but to apply 100% tariffs on French wine unless Paris eliminates its digital tax on American tech giants. Trump said he delivered the warning directly to French President... Read More.

Trump’s critical minerals pricing plan faces skeptical G7, divided industry

Monday, June 15 by SRN News

By Julia Payne and Ernest Scheyder ÉVIAN-LES-BAINS, France, June 15 (Reuters) - The Trump administration's push to boost critical minerals production by regulating prices is facing skeptical G7 allies and a divided mining industry, with negotiations for a Western trading bloc stumbling over concerns about... Read More.

Scandal-hit KPMG Australia will not bid for new federal work until end-September

Monday, June 15 by SRN News

SYDNEY, June 15 (Reuters) - KPMG Australia has agreed it will not bid for any new federal government work for three months, the Department of Finance said on Monday, following whistleblower allegations the accounting firm misused confidential client information. A department spokesperson said KPMG will... Read More.

Analysis-Why an Iran peace deal won’t pull the yen back from the brink

Monday, June 15 by SRN News

By Tom Westbrook and Junko Fujita TOKYO, June 15 (Reuters) - War in the Middle East pushed the yen to the brink of multi-decade lows and prompted the government to prop it up - a peace deal, however, won't pull it back from the precipice. Stocks... Read More.

Analysis-China bonds emerge as surprise haven as Iran war reshapes portfolios

Monday, June 15 by SRN News

By Li Gu, Casey Hall and Jiaxing Li SHANGHAI/HONG KONG, June 15 (Reuters) - Global asset managers have been adding Chinese government bonds to their portfolios since the Iran war broke out, drawn not by yield but by their near-zero correlation with Western markets. Amid a... Read More.

Australia’s richest person Rinehart takes $1 billion stake in SpaceX IPO, WSJ reports

Monday, June 15 by SRN News

MELBOURNE, June 15 (Reuters) - Australia's wealthiest person, mining baron Gina Rinehart, has taken a stake of more than $1 billion in the record-setting $75 billion SpaceX IPO, the Wall Street Journal reported on Monday, citing a person familiar with the matter. Rinehart's company Hancock... Read More.

Wall St. futures advance over 1% as markets cheer Iran deal

Monday, June 15 by SRN News

June 15 (Reuters) - Futures tracking Wall Street's main indexes jumped more than 1% each on Monday as investors cheered a preliminary pact struck between the U.S. and Iran to end the more than three-month conflict and reopen the strategic Strait of Hormuz. The framework... Read More.

SpaceX set to extend rally after record Wall Street IPO

Monday, June 15 by SRN News

June 15 (Reuters) - Shares of SpaceX rose more than 5.6% before the bell on Monday, set to extend gains after a blockbuster debut last week that pushed its valuation past $2 trillion and into the ranks of Wall Street's most valuable companies. CEO Elon... Read More.

Hong Kong opens consultation on first 5-year plan that echoes mainland China’s playbook

Monday, June 15 by SRN News

HONG KONG (AP) - Hong Kong on Monday launched a public consultation for its five-year plan in a politically symbolic step that brings the special administrative region closer to mainland China's development approach. Secretary for Constitutional and Mainland Affairs Janice Tse said at a... Read More.

Defense minister says Israel won’t withdraw from land seized in Lebanon, Syria and Gaza

Monday, June 15 by SRN News

TEL AVIV, Israel (AP) - Israel's defense minister said Monday that Israel won't withdraw from land seized in Lebanon, potentially challenging an interim deal that Iran and the United States reached hours earlier that includes opening the Strait of Hormuz and further extending a... Read More.

Current Weather

Trump threatens 100% tariff on French wine over tech tax as G7 meets, NY Post reports

Trump’s critical minerals pricing plan faces skeptical G7, divided industry

Scandal-hit KPMG Australia will not bid for new federal work until end-September

Analysis-Why an Iran peace deal won’t pull the yen back from the brink

Analysis-China bonds emerge as surprise haven as Iran war reshapes portfolios

Australia’s richest person Rinehart takes $1 billion stake in SpaceX IPO, WSJ reports

Wall St. futures advance over 1% as markets cheer Iran deal

SpaceX set to extend rally after record Wall Street IPO

Hong Kong opens consultation on first 5-year plan that echoes mainland China’s playbook

Defense minister says Israel won’t withdraw from land seized in Lebanon, Syria and Gaza

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