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Oil prices inched lower on Monday after OPEC+ agreed to further increase its output targets from August while exports from key producers via the Strait of Hormuz are recovering, potentially adding to global supplies.Zhang Fengguo | Xinhua News Agency | Getty ImagesOil prices inched lower on Monday after OPEC+ agreed to further increase its output targets from August while exports from key producers via the Strait of Hormuz are recovering, potentially adding to global supplies.Brent crude futures slid 24 cents, or 0.33%, to $71.88 a barrel by 0010 GMT after settling 0.45% higher on Friday. U.S. West Texas Intermediate crude was at $68.58 a barrel,…
Record wave of IPO lock-up shares to hit Hong Kong market Source link
Overseas voters moving to the UK would be prevented from giving more than £100,000 in political donations for a year after their arrival, under new proposals.Ministers announced the planned restriction alongside tougher checks on company donations, which they believe will help stop foreign money from influencing UK elections.The government previously announced a £100,000 annual cap on donations from British citizens living overseas backdated to 25 March. They now want an individual to be based in the UK for a minimum amount of time before their donations can exceed this limit. The change could hit two of Reform UK’s biggest backers,…
Foxconn Q2 revenue surges on AI boost; warns on geopolitics Source link
U.S. President Donald Trump, France’s President Emmanuel Macron and Ukraine’s President Volodymyr Zelenskyy take part in a working session at the G7 summit in Evian-les-Bains, France, on June 16, 2026. Thibault Camus | Afp | Getty ImagesPresident Donald Trump plans to meet with Ukrainian President Volodymyr Zelenskyy and Syrian President Ahmad al-Sharaa on Wednesday while attending the NATO summit in Turkey, the White House said. Those discussions will come as Kyiv tries to refocus Trump’s attention on the conflict with Moscow and as Trump has publicly mused about Syria’s role in the Middle East.White House spokesperson Anna Kelly confirmed the…
EasyJet’s flight path from start-up to takeover deal Source link
United States midfielder Christian Pulisic (10) celebrates with teammate United States forward Folarin Balogun (20) after a goal against Paraguay in the first half of a FIFA World Cup 2026 soccer match at Los Angeles Stadium in Inglewood on Friday, June 12, 2026.Medianews Group/pasadena Star-news Via Getty Images | Medianews Group | Getty ImagesPresident Donald Trump on Sunday cheered FIFA’s decision to reverse a one-game suspension of U.S Men’s National Team striker Folarin Balogun, allowing him to play against Belgium in Monday’s World Cup match.Balogun received a controversial red card in the U.S.’s 2-0 victory against Bosnia and Herzegovina on…
Goldman Sachs last week named a slew of stocks that it believes have more room to run in July. The firm said that companies like O’Reilly are undervalued and investors should buy the dip. Other buy-rated stocks Goldman recently highlighted include NetEase , Tradeweb and Liftoff Mobile. O’Reilly Investors shouldn’t sleep on this auto parts retailer, the firm said. Analyst Kate McShane said the stock has been under pressure for a slew of reasons lately, but it remains undervalued. Goldman’s data checks showed the retailer has had a more robust second quarter than its peers in the sector. McShane said…
Police are making inquiries after a complaint was made about the finances of Yes Scotland, the group which campaigned for independence in the 2014 referendum.The Sunday Mail, external has reported on claims that income of more than £1.5m was unaccounted for.The newspaper said the complaint was made by David Henry, who was one of those whose concerns about the SNP’s finances led to the Operation Branchform investigation and the eventual conviction of former chief executive Peter Murrell.Yes Scotland Ltd, a company which was set up by former SNP leader and First Minister Alex Salmond to campaign for independence ahead of…
A smartphone screen displays the MarineTraffic map showing a concentration of ship beacons in the Strait of Bab el-Mandeb, with a map of the strait visible in the background, in Créteil, France, on March 30, 2026. (Photo by Samuel Boivin/NurPhoto via Getty Images)Nurphoto | Nurphoto | Getty ImagesA cargo vessel in the Red Sea has reported coming under attack, the United Kingdom Maritime Trade Operations Centre, a British maritime security alert service, said Sunday, amid a fragile ceasefire between the U.S. and Iran.The body said it received a report of the incident 30 nautical miles (56 km) southwest of the…