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Surging SpaceX overtakes Amazon to become 5th biggest company
SpaceX shares surged again Tuesday, lifting Elon Musk's rocket company above Amazon into fifth place in market value as a record-breaking IPO gives way to a torrid buying frenzy.
BMW downgrades 2026 targets on Mideast war, China woes
German carmaker BMW downgraded its 2026 targets Tuesday due to turmoil from the Middle East war and worsening business in key market China, and vowed to step up cost-cutting efforts.
Campaigners urge G7 chiefs to protect children from AI risks
Many governments have begun cracking down on young people's access to social media, but campaigners have appealed to G7 leaders meeting in France to move quickly on regulating generative artificial intelligence too.
Paris store to part ways with Shein after ownership change
French department store BHV Marais will end its partnership with Shein after its operating company said Tuesday it was selling the Paris outlet, following criticism of its deal with the Asian e-commerce giant.
US Federal Reserve kicks off first meeting with Warsh as chair
US Federal Reserve Chairman Kevin Warsh kicked off his first meeting in charge of the central bank's rate-setting committee on Tuesday, with policymakers largely expected to keep rates steady as the fallout of the Iran war ripples through the world's largest economy.
Oil drops below $80 on US-Iran deal
Oil prices dropped below $80 a barrel Tuesday on optimism over the promised reopening of the Strait of Hormuz, easing inflation pressures on global economies even though traders are eyeing the risk of Iranian "service fees" on ships transiting the strait.
How can France-UK mission help reopen Strait of Hormuz?
A military mission set up by France and Britain to help re-open the Strait of Hormuz is ready to deploy, following the announcement of a US-Iran deal to end the Middle East war.
EU to ban plant-based 'steaks' but veggie 'burgers' sizzle on
The EU parliament Tuesday passed a ban on marketing plant-based foods as "steak" or "bacon" -- though veggie "burgers" will get to stay on European menus.
Russian oil producer rations fuel as Ukraine attacks bite
Russian oil producer Tatneft has introduced fuel rationing at hundreds of petrol stations across the country, AFP learnt on Tuesday, as increased Ukrainian attacks hit Russia's refining capacity.
EU clears major hurdle on US tariff deal
The European Parliament gave a final sign off on Tuesday to a tariff deal with the United States as the EU seeks to close a volatile chapter of transatlantic trade relations.
Mideast war peace deal boosts German investor morale
German investor confidence jumped sharply in June, a key survey showed Tuesday, as the outlook improves for Europe's biggest economy following the announcement of a US-Iran peace deal.
Iran says talks on final US deal to begin this week
Iran said Tuesday that talks with the United States on its nuclear programme and sanctions relief would likely begin later this week, as President Donald Trump said the Strait of Hormuz would "completely open" once the foes sign their deal.
Stocks extend rally, oil falls further as peace optimism builds
Equities extended their rally and oil prices fell further on Tuesday, fuelled by the US-Iran peace deal and as tech firms tracked another blockbuster performance by SpaceX.
Bank of Japan hikes interest rate to 31-year high
The Bank of Japan hiked interest rates to a 31-year high on Tuesday as it battles inflation caused by the Middle East war -- even after Washington and Tehran agreed a peace deal.
Stocks extend rally, oil flat as peace optimism builds
Tokyo topped 70,000 and Seoul piled on more than two percent as equities extended their rally on Tuesday fuelled by the US-Iran peace deal and as tech firms tracked another blockbuster performance by SpaceX.
Deadline looms for UniCredit's hostile bid for Commerzbank
Tuesday marks the final day for UniCredit's hostile and highly political takeover offer for Commerzbank, as Italy's second-largest bank has its sights on an ambitious pan-European banking merger.
Bank of Japan hikes rate to 31-year high
The Bank of Japan hiked interest rates to a 31-year high Tuesday as it battles inflation caused by the Middle East war, even after Washington and Tehran agreed a peace deal.
India eyes biofertilisers after Mideast war stoked supply fears
Under a shed in north India, women scoop cow dung, lumps of unrefined sugar and flour to produce biofertiliser -- part of a growing effort to tackle anxieties over the supply of chemical fertilisers.
Most stocks rise, oil flat following peace deal-fuelled rally
Equities mostly rose Tuesday and oil prices held losses following the previous day's euphoric rally sparked by the US-Iran peace deal that will reopen the crucial Strait of Hormuz.
Toxic 'time bomb' threatens Mekong river basin
Thai fisherman Somdet Singthong steered his metal skiff across the brown waters of the Mekong river, resigned to the pollution that has put his health and lifelong source of livelihood at risk.
EU nears finish line on US tariff deal
The European Parliament is set on Tuesday to give a final sign off to implement a tariff deal with the United States as it seeks to close a volatile chapter of transatlantic trade relations.
Social networks, online video outweigh traditional media in 2026
News consumers around the world are now turning more to social media and video platforms than traditional outlets for information, a respected report said Tuesday, warning that old-style business models are under threat.
Crestone Air Partners, an Air T Business, Completes Acquisition of Arena Aviation Capital, Surpassing $3.6 Billion in Assets Under Management
Milestone reflects Air T's permanent-capital, buy-to-build model and the momentum of its networked aviation portfolio
New River Electrical Opens Richmond Office To Better Serve Central Virginia Customers
RICHMOND, VA / ACCESS Newswire / June 16, 2026 / New River Electrical Corporation (NRE), one of the nation's leading 100% employee-owned electrical contractors with a growing national footprint, today announced the grand opening of its Richmond, Virginia office. This expansion strengthens NRE's ability to deliver critical infrastructure projects safely, efficiently, and reliably while deepening relationships with customers, expanding its Central Virginia presence, and creating new career opportunities in the region.
Catalyst Launches Maui County Federal Credit Union on the FedNow(R) Service
Maui County Federal Credit Union becomes Catalyst's first Hawaii-based credit union with FedNow Send, Receive and Settlement capability
Harte Hanks Receives Lenovo Operational Excellence Award for Driving AI-Enabled CX Performance and Operational Scale for Motorola
Recognition highlights sustained KPI performance, AI-driven innovation, and long-standing global partnership
D. Boral Capital Celebrates the Success of its Second Annual Global Conference
The Event welcomed back Shark Tank's Kevin O'Leary as keynote speaker with 60 presenting companies and over 575 attendees
Taylor Bank Promotes Lee Chisholm and Welcomes Trent Pusey to Strengthen Commercial Lending Team
BERLIN, MD / ACCESS Newswire / June 16, 2026 / Calvin B. Taylor Bankshares, Inc. (the "Company") (OTCQX:TYCB), parent company of Calvin B. Taylor Bank (the "Bank") today announced the promotion of Lee Chisholm to Senior Commercial Loan Officer and Senior Vice President, as well as the addition of Trent Pusey as Senior Commercial Loan Officer and Senior Vice President.
Nextaff Joins the Talvera Platform, Expanding Its National Reach and Elevating Its Commitment to Predictive Hiring Excellence
The Industry-Leading Franchise Staffing Brand Has Joined Talvera, a Global Workforce Platform Built to Deliver Higher-Quality Hires at Scale, Powered by Its Proprietary Predictive Hiring SystemTM
Negligent Security Lawsuit Filed Against Apartment Management Company After Resident Shot Outside Philadelphia Building
The Victims' Recovery Law Center Secured Civil Financial Accountability for a Shooting Victim Whose Case Five Other Firms Turned Away - Demonstrating What Residential Negligent Security Claims Can Recover
Davidovich Stone Law Group: Ongoing Counsel Gives Landlords a Measurable Edge
Managing Partner Niv V. Davidovich explains how the outside general counsel model for landlords and property owners in Southern California produces measurably different results than case-by-case legal engagement and why the structure of the relationship determines the quality of the outcomes it produces.
Sport Beach, Sue Bird And Megan Rapinoe Launch "The Hang" At Cannes Lions 2026
Fueled by Gatorade, "The Hang" brings together sports icons including Sue Bird, Megan Rapinoe, Candace Parker, Hilary Knight and more for a week of conversations and networking.