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FOCUS-Facing global headwinds, Chinese automakers make a play for Africa
BYD, Chery, GWM among automakers expanding in AfricaChery, others exploring local assembly optionsPlug-in hybrids seen as key to Africa strategy By Nqobile Dludla JOHANNESBURG, June 26 (Reuters) - Chinese automakers are pushing to unlock Africa's underdeveloped potential, with a focus on elec...
Reuters
Thu, Jun 26
Other
New York judge dismisses one Tradesman RICO suit, with leave to amend
By Isha MaratheJune 26 - (The Insurer) - MGA Tradesman and its affiliate Roosevelt Road Re are working on filing an amended complaint after a New York district court judge dismissed a Racketeer Influenced and Corrupt Organizations Act (RICO) lawsuit filed by the parties against law firm Subin.The p...
Reuters
Thu, Jun 26
Stocks
India's One MobiKwik soars; concerns over supply overhang wane after large deal, analyst says
** India's One MobiKwik Systems ONEM.NS soars 15% to two-week high of 282.3 rupees, set for biggest daily pct gains in more than 3 months** Stock soars as concerns over supply overhang wane after large deal, analyst ** More than 6.8 million shares, representing 8.8% stake, changed hands in a lar...
Reuters
Thu, Jun 26
Cryptocurrencies
Best Meme Coins Live News Today: Latest Opportunities & Updates (June 26)
Get Early Alpha with Our Immediate Analysis of Today’s Best Meme Coins Check out our Live Update Coverage on the Best Meme Coins for June 26, 2025! Crypto adoption, retail and institutional, is currently exploding. From Strategy and Mastercard to JPMorgan and country-wide adoption, digital ass...
Bitcoinist
Thu, Jun 26
Forex
EUR/USD rallies to fresh multi-year highs as Trump threatens Fed independence
The EUR/USD appreciates on Thursday for its sixth consecutive day and is trading near the 1.1700 area at the time of writing, at its highest levels since September 2021.
EUR/USD
Fxstreet
Thu, Jun 26
Other
Germany's foreign minister wants to welcome Canada into submarine project
BERLIN, June 26 (Reuters) - German Foreign Minister Johann Wadephul said on Thursday that Berlin would gladly welcome Canada into a partnership it has with Norway for developing and building new submarines. "We would like to work even more closely with you in the future when it comes to procuri...
Reuters
Thu, Jun 26
Indices
US Dollar Index (DXY) hits fresh three-year lows near 97.00 on Trump’s attacks on Powell
The US Dollar is trading lower for the sixth consecutive day on Thursday, as Trump’s attacks on Fed Chairman Jerome Powell have undermined confidence in the US central bank and revived the “Sell America” trade.
Fxstreet
Thu, Jun 26
Stocks
Artificial Intelligence (AI) Titan Nvidia Has Scored a $4 Billion "Profit" in an Unexpected Way
For more than two years, no trend has been held in higher regard on Wall Street than the evolution of artificial intelligence (AI). With AI, software and systems are capable of making split-second decisions, overseeing generative AI solutions, and training large language models (LLMs), all without t...
The Motley Fool
Thu, Jun 26
Commodities
EXCLUSIVE-Chinese feed makers sign first bulk deal for Argentine soymeal since 2019, sources say
By Ella Cao and Naveen Thukral BEIJING/SINGAPORE, June 26 (Reuters) - Chinese feed makers have booked a deal for 30,000 metric tons of Argentine soymeal for July shipment, marking the country's first such purchase since China granted import approval for the product in 2019, four trade sources...
Reuters
Thu, Jun 26
Cryptocurrencies
Asian and US stocks stall as oil and gold climb on weak dollar
Asian and US stocks showed mixed moves recently, while oil and gold edged up slightly due to the weakening dollar. At the same time, the euro held near a three-and-a-half-year high.
Cryptopolitan
Thu, Jun 26
Other
France says it intercepted drones targeting Israel prior to Iran ceasefire
PARIS, June 26 (Reuters) - France's military took part in efforts to stop Iranian drones targeting Israel prior to this week's ceasefire, the country's defence minister Sebastien Lecornu said late on Wednesday."I can confirm that the French army intercepted less than 10 drones in the...
Reuters
Thu, Jun 26
Other
Former NOAA employees criticise shutdown of Climate.gov
By Mia MacGregorJune 26 - (The Insurer) - The decision to discontinue Climate.gov, a prominent National Oceanic and Atmospheric Administration-owned resource for climate science, has drawn criticism from former employees of the platform and NOAA itself.Climate.gov served novice data users in vario...
Reuters
Thu, Jun 26
Cryptocurrencies
Crypto Presales Live News Today: Latest Opportunities & Updates (June 26)
Stay Ahead with Our Immediate Analysis of Today’s Best Crypto Presales Check out our Live Update Coverage on the Best Crypto Presales for June 26, 2025! The increased crypto adoption from institutional investors like Mastercard and countries like the US has made presale coins increasingly popu...
Bitcoinist
Thu, Jun 26
Commodities
Iron ore rise on dollar weakness, China stimulus hopes
By Lucas Liew SINGAPORE, June 26 (Reuters) - Iron ore rose on Thursday, reversing early losses, as a weaker U.S. dollar and promises from Chinese officials to boost domestic consumption lifted investor sentiment.The most-traded September iron ore contract on China's Dalian Commodity Exchange...
Reuters
Thu, Jun 26
Other
Brookfield to sell Australian senior housing platform Aveo for $2.5 billion
June 26 (Reuters) - Brookfield Asset Management BAM.TO will sell its Australian retirement home operator Aveo to The Living Company for A$3.85 billion ($2.5 billion), the Canadian company said on Thursday.Aveo owns a portfolio of more than 10,000 units located across Queensland, Victoria, New South ...
Reuters
Thu, Jun 26
Other
China's military vows to enhance combat readiness following Taiwan president speeches
BEIJING, June 26 (Reuters) - The People's Liberation Army "shows zero tolerance to Taiwan independence separatist activities", a Chinese defence ministry spokesperson said on Thursday when asked about recent speeches made by Taiwan's President Lai Ching-te.The PLA will enhance combat...
Reuters
Thu, Jun 26
Other
Lilly to launch Mounjaro pen in India to compete with Novo's Wegovy
By Rishika Sadam HYDERABAD, June 26 (Reuters) - Eli Lilly LLY.N said on Thursday India's drug regulator had approved the launch of pre-filled injector pens of its blockbuster weight-loss drug, Mounjaro, giving it more options to compete with Novo Nordisk's recently launched Wegovy. Li...
Reuters
Thu, Jun 26
Other
Risk analytics insurtech ZestyAI secures $15 million credit facility from CIBC
By Michael LoneyJune 26 - (The Insurer) - ZestyAI, a provider of AI-driven risk analytics for the property casualty insurance industry, has secured a $15 million credit facility from CIBC Innovation Banking.San Franciso-based ZestyAI said the facility enhances its financial flexibility and reinforce...
Reuters
Thu, Jun 26
Other
Israeli attacks kill at least 21 people in Gaza, medics say
CAIRO, June 26 (Reuters) - Israeli gunfire and airstrikes killed at least 21 Palestinians in the Gaza Strip on Thursday, local health authorities said, as mediators reached out to Israel and Hamas to seek a resumption of ceasefire talks to end the war.Local health authorities said an Israeli airstri...
Reuters
Thu, Jun 26
Other
China never supplied weapons to parties in the Ukraine war, foreign ministry says
BEIJING, June 26 (Reuters) - China's foreign ministry on Thursday denied that China supplied weapons to parties in the Ukraine war, and accused "relevant NATO personnel" of slandering China's "normal military build-up".Guo Jiakun, a spokesperson for the foreign ministry, made...
Reuters
Thu, Jun 26
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