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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.
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.
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.
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.
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.
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.
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.
Ola Electric Surges 6.5% on Heavy Volume, June 11
Ola Electric stock rose 6.5% to ₹47.32 on June 10 with exceptional trading volume and 43% surge in delivery volume, despite weak fundamentals.
UK Small Firms Face New P&L Filing Rules From April 2028
Small UK companies must file P&L accounts from April 2028 under Companies House reforms. Two million firms affected; public disclosure optional.