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Business

Market and economic updates.

UK Business in 2026: Steel Tariffs, AI Boom, and a World Cup Hospitality SurgeBusiness
Jun 17, 2026By Ali Raza Sheikh

UK Business in 2026: Steel Tariffs, AI Boom, and a World Cup Hospitality Surge

UK businesses face challenges from inflation, steel tariffs, and insolvencies, but find relief in a World Cup hospitalit...

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Global Economy Hits a Speed Bump: Energy Shocks and Inflation Worry ExpertsBusiness
Jun 17, 2026By Ali Raza Sheikh

Global Economy Hits a Speed Bump: Energy Shocks and Inflation Worry Experts

The World Bank and OECD warn that the global economic outlook has weakened due to energy shocks and rising inflation. Th...

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Wall Street's Great Rotation: Dow Hits Record as Investors Flee Tech for FinancialsBusiness
Jun 17, 2026By Ali Raza Sheikh

Wall Street's Great Rotation: Dow Hits Record as Investors Flee Tech for Financials

The Dow Jones hit a record high as investors rotated money out of tech stocks and into financials. June 17 marks a pivot...

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In Unprecedented Move, Two Mayors Join Forces to Build $10 Billion AI Data CenterBusiness
Jun 16, 2026By Ali Raza Sheikh

In Unprecedented Move, Two Mayors Join Forces to Build $10 Billion AI Data Center

In a groundbreaking public-private partnership, two mayors are collaborating to build a massive $10 billion AI data cent...

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Global Capital Floods Chinese Stocks and Bonds as Foreign Investors Return to BeijingBusiness
Jun 16, 2026By Ali Raza Sheikh

Global Capital Floods Chinese Stocks and Bonds as Foreign Investors Return to Beijing

Foreign investors are aggressively returning to Chinese stocks and bonds, driven by attractive valuations and new econom...

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NextEra Energy and Dominion Energy Announce Historic $66.8 Billion All-Stock MergerBusiness
Jun 16, 2026By Ali Raza Sheikh

NextEra Energy and Dominion Energy Announce Historic $66.8 Billion All-Stock Merger

NextEra Energy and Dominion Energy have agreed to a historic $66.8 billion all-stock merger, creating a massive utility ...

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Paramount and Warner Bros. Discovery Merger Wins Crucial DOJ ApprovalBusiness
Jun 16, 2026By Ali Raza Sheikh

Paramount and Warner Bros. Discovery Merger Wins Crucial DOJ Approval

The Department of Justice has approved the landmark merger between Paramount and Warner Bros. Discovery, creating a mass...

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Wall Street Futures Surge as US-Iran Deal Sparks Hopes for Strait of Hormuz ReopeningBusiness
Jun 16, 2026By Ali Raza Sheikh

Wall Street Futures Surge as US-Iran Deal Sparks Hopes for Strait of Hormuz Reopening

U.S. stock futures are rising as an interim US-Iran deal sparks optimism that the Strait of Hormuz will reopen, promisin...

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Pakistani Textile Exporters Secure $2 Billion in New Orders Following EU Trade AgreementBusiness
Jun 15, 2026By Ali Raza Sheikh

Pakistani Textile Exporters Secure $2 Billion in New Orders Following EU Trade Agreement

Pakistani textile exporters secured $2 billion in new European Union orders on June 15, 2026, leveraging the GSP+ trade ...

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Reko Diq Copper Mine Exports First Major International Shipment, Boosting National RevenueBusiness
Jun 15, 2026By Ali Raza Sheikh

Reko Diq Copper Mine Exports First Major International Shipment, Boosting National Revenue

The Reko Diq copper and gold mine in Balochistan exported its first major international shipment on June 15, 2026. The m...

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