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Deutsche Bahn Seeks €13B More Funding to Hit Punctuality Goals, June 11
Deutsche Bahn CEO Evelyn Palla demands €13B more funding by 2030 to achieve 70% punctuality. Germany’s €100B rail investment plan faces funding gap.
Former Dodgers Star’s Son Arrested for Watch Fraud, June 11
Former Chunichi Dragons player Takeshi Yamazaki’s son arrested for defrauding a businessman of a 6.85 million yen luxury watch. Police investigating…
Kioxia Stock Plunges 7.8% on June 11 as Chip Rally Fizzles
Kioxia stock fell 7.8% to ¥70,500 on June 10 amid chip sector weakness and profit-taking after AI-driven rally.
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.
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.
Edelweiss Air Expands Namibia Flights From July 2026
Edelweiss Air boosts Namibia flights from July 2026. New route expansion reflects rising demand for African travel and improved regional connectivity.
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.