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Picture the scene: it’s 1am on a sultry July night and Jude Bellingham has just scored the decisive penalty to send England into the World Cup semi-final. Cue wild celebrations among millions of pub goers, fuelled by the realisation that there is still an hour until closing time.Keir Starmer may have imagined a national morale-boosting spectacle such as this when his government told hospitality venues that they could stay open until 2am on some World Cup match days.The relaxation of licensing rules reflects the UK’s time difference with the US, Mexico and Canada, the tournament’s co-hosts, which means many England…

SpaceX is officially set for the largest IPO on record. Elon Musk’s reusable rocket company is raising $75 billion, selling 555.6 million shares for $135 a piece, according to a filing with the Securities and Exchange Commission. The deal values SpaceX at $1.77 trillion, making it the seventh most-valuable U.S. company, ahead of Tesla, Musk’s electric vehicle maker. SpaceX’s Nasdaq debut will come Friday, when the masses will have their first opportunity to buy into the 24-year-old company. Betting on SpaceX at this price is largely a wager on Musk, as the company is burning cash and is far smaller…

Meta Platforms META) stock has endured a rough stretch recently, with shares down 10% this month and off roughly 15% year-to-date.The decline has come despite continued strength across many of the tech leaders’ core businesses. To that point, Meta is still benefiting from powerful competitive advantages, including its massive user base, extensive advertiser relationships, and strong balance sheet.Combined with ongoing AI-driven opportunities, these strengths could support long-term earnings expansion.This raises an important question for investors: Has the recent selloff created an attractive opportunity, or are there still reasons for caution?Image Source: Zacks Investment Research Meta Continues to Dominate Digital AdvertisingMeta remains…

“I plan to continue working until age 60.”

The Nasdaq 100 could imminently include SpaceX, but first it’s getting a shakeup that will usher in another space-technology company and four flashy AI plays.

China’s Jingye Steel asks UK for compensation for British Steel takeoverChina’s Jingye Steel is seeking compensation from the UK government over the takeover, and future nationalisation, of British Steel.Jingye Steel wants Britain to compensate it for the loss incurred through its investment in British Steel, which the UK government took operational control of in April 2025.In a statement on WeChat, the company says: double quotation mark“Jingye has recently initiated consultation procedures under the bilateral investment treaty with the UK government.” Last month’s King’s Speech included plans for a Steel Industry (Nationalisation) Bill, to safeguard the domestic production of steel.Jingye bought…

A Citibank logo is displayed on a sign at one of their branches on Nov. 7, 2025 in Encinitas, CA.Kevin Carter | Getty ImagesCitigroup outperformed the broad market as well as some other major bank stocks Wednesday after President Donald Trump lauded the bank and its CEO Jane Fraser in a social media post.At 9:30 a.m. ET, Trump praised Citigroup on Truth Social, writing: “Wow! CITI was ranked Number 1 in topping M&A Advisory Market by Value in Q1. Congratulations to Jane F and ALL of her great people. They’ve worked really hard! BIG comeback for CITI!!! President DONALD J.…

By Abhirup Roy and Kalea Hall SAN FRANCISCO, June 9 (Reuters) – General Motors is releasing a software update that allows some ‌U.S. electric-vehicle owners to pipe power back to the electric grid, ‌another example of car companies pursuing business opportunities in the energy sector. The update gives ​owners of GM’s vehicle-to-home energy system, which allows the EV to power the home during a blackout, the expanded capability of feeding electricity to the power grid. However, it remains unclear whether doing so will be popular ‌with drivers, who may ⁠also want to keep their cars charged. • Vehicle-to-home system owners…

Global Markets Enter London Session with Mixed Sentiment Financial markets entered the London trading session under the influence of stronger-than-expected U.S. employment data released last Friday. The latest Non-Farm Payrolls (NFP) report showed the U.S. economy added 172,000 jobs, significantly above market expectations of 85,000. The data reinforced expectations that the Federal Reserve may keep interest rates elevated for longer, supporting the U.S. Dollar and creating pressure across precious metals markets. Forex Market Overview : The pair remains under bearish pressure as investors continue to favor the U.S. Dollar. A sustained move below key support levels could open the door for…

Hugo Boss shares popped 6% Thursday after its biggest shareholder, Frasers Group announced a 2-billion-euro takeover offer for the German fashion company.Frasers, which has a 26% stake in Hugo Boss, said late Wednesday it is offering 38 euros per share in cash for the remainder of Hugo Boss shares, marking a total consideration of 1.978 billion euros ($2.28 billion). The offer represents a premium of around 4% to Hugo Boss’ Wednesday closing price.Hugo Boss noted that the offer had not been coordinated by the company and added that it will “thoroughly examine” the deal.Frasers said it remains supportive of Hugo’s…