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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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Swedish King Carl Gustaf Marks 50th Wedding Anniversary, June 11
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Swedish King Carl Gustaf Marks 50th Wedding Anniversary, June 11

King Carl XVI Gustaf and Queen Silvia celebrate 50 years of marriage on June 11, 2026, after meeting at the 1972 Olympics.

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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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