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Consumer DefensivePackaged Foods
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Bologna Max Bakery Files for Bankruptcy on June 11 After Boom Ends
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Bologna Max Bakery Files for Bankruptcy on June 11 After Boom Ends

Bologna Max, a luxury Danish bread maker in Saga, Japan, ceased operations with 410 million yen debt due to pandemic and inflation pressures.

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Macron Chairs G7-China Trade Talk on Economic Imbalances, June 11
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Macron Chairs G7-China Trade Talk on Economic Imbalances, June 11

Macron chairs G7-China video call on trade imbalances. Discussion includes IMF and emerging economies. G7 summit follows in Evian next week.

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Gold Slides 3.6% After US-Iran Clashes Reignite Rate Hike Bets, June 11
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Gold Slides 3.6% After US-Iran Clashes Reignite Rate Hike Bets, June 11

Gold futures fell 3.6% to $4,133.30 after US-Iran tensions renewed inflation concerns and rate hike bets. Spot gold dropped 4.5% to $4,070.56.

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Pentagon Adds BYD, Alibaba, Baidu to Military List, June 11
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Pentagon Adds BYD, Alibaba, Baidu to Military List, June 11

Pentagon designates BYD, Alibaba, and Baidu as Chinese military companies. Stocks fall 1-3.6% as U.S. restricts defense contracts with the firms.

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SpaceX IPO Prices at $135 Per Share, Sets June 12 Nasdaq Debut
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SpaceX IPO Prices at $135 Per Share, Sets June 12 Nasdaq Debut

SpaceX IPO priced at $135 per share on June 11, raising $75 billion at $1.75 trillion valuation. Nasdaq debut scheduled for June 12 under ticker SPCX.

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FTSE 100 Edges Up 0.27% as Middle East Tensions Weigh, June 11
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FTSE 100 Edges Up 0.27% as Middle East Tensions Weigh, June 11

FTSE 100 rises 0.27% to 10,254.81 as markets balance deal optimism against US-Iran tensions and 4.2% US inflation. Oil near $91/barrel.

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Vedanta Plans $5.2B Refinancing After Credit Upgrades, June 11
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Vedanta Plans $5.2B Refinancing After Credit Upgrades, June 11

Vedanta Resources plans $5.2 billion refinancing of bonds and loans after S&P and Moody’s upgrades. Net debt fell to $4.9 billion as of March 2026.

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HSBC Falls 3.6% as China Capital Controls Threaten Hong Kong Wealth Business, June 11
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HSBC Falls 3.6% as China Capital Controls Threaten Hong Kong Wealth Business, June 11

HSBC falls 3.6% as China tightens capital controls on Hong Kong offshore accounts, threatening wealth management business and mainland investor flows.

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Agrola Closes All Swiss Hydrogen Stations by Year-End, June 10
πŸ“… 24 minutes ago

Agrola Closes All Swiss Hydrogen Stations by Year-End, June 10

Agrola closes three Swiss hydrogen stations by end of 2026 due to low demand, reflecting EV dominance in Europe’s clean transport strategy.

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