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Shanghai Vice Mayor Chen Yujian Under Investigation for Corruption, June 11
Chen Yujian, Shanghai vice mayor, under investigation by China’s central discipline commission for serious violations since 2022.
Germany Inflation Slows to 2.6% in May as Growth Stalls
Germany’s inflation fell to 2.6% in May 2026 from 2.9% in April, while industrial production declined year-over-year as the euro area economy slows.
META Stock Falls 1.28% as WhatsApp Launches 24/7 Business AI Support in India
META stock closed lower by 1.28% as investors weighed the company’s latest artificial intelligence expansion in India through WhatsApp Business. The launch brings 24/7 AI-powered customer support to eligible businesses, allowing them to automate customer conversations, capture leads, manage bookings, and drive sales directly within WhatsApp. India remains one of the largest growth markets for…
SoftwareOne Sets Bold 2030 Targets: EBITDA Margin Above 28% and Strong AI-Driven Growth Strategy
SoftwareOne has unveiled ambitious 2030 financial targets during its Capital Markets Day, highlighting how artificial intelligence, cloud adoption, and the integration of Crayon will drive its next phase of growth. The Swiss software and cloud solutions provider is targeting high single-digit revenue CAGR, an EBITDA margin above 28%, and free cash flow conversion exceeding 60%…
Cursor AI to Open London HQ, Hire 200 Staff Amid SpaceX’s $60 Billion Acquisition Option
Cursor AI is moving fast on two fronts simultaneously. The San Francisco-based AI coding startup is opening a London office in July 2026, with plans for smaller offices across European cities as part of a broader international push that includes hiring 200 employees across Asia-Pacific in the next six months. The expansion follows one of…
Apollo and Blackstone Commit $35 Billion to Anthropic’s AI Infrastructure
Apollo Global Management and Blackstone have finalized a $35 billion financing package for Anthropic, marking one of the largest private credit transactions in AI history. The funding will help Anthropic secure advanced AI computing infrastructure, primarily through Google’s custom Tensor Processing Units, known as TPUs, which are essential for training and running large language models…
Hang Seng Index Drops 1.22% to 24,657.06; Nonferrous Metals Face Broad Selling Pressure
The Hang Seng Index ended Monday’s session lower as investors reduced exposure to cyclical and commodity-linked sectors. The benchmark Hong Kong index closed at 24,657.06, down 304.79 points, or 1.22%, reflecting weak sentiment across metals, coal, technology, and growth stocks. The decline came amid broader weakness in Asian equities and concerns over global risk appetite. …
DHI Group Inc. (NYSE: DHX) Q1 2026 Results: $29.7M Revenue, Down 8% YoY as Net Income Hits $1.5M Turnaround
We are looking at a mixed but interesting quarter for DHI Group Inc. in Q1 2026. The company reported revenue of $29.7 million, marking an 8% year-over-year decline, but at the same time, it delivered a strong turnaround in profitability with a net income of $1.5 million. This creates a clear contrast. Revenue is under…
Adani Group Shares institutional shift GQG sells ADANIENT mutual fund buys
Institutional investors made a major move in Adani Group shares (ADANIENT) on June 5, 2026, with a ₹5,750 crore block deal drawing attention across the market. Global investment firm GQG Partners reduced its stake in key Adani companies, while SBI Mutual Fund emerged as the sole buyer. The transaction has sparked discussions about investor confidence,…