658 stories · Page 5 of 66
On 20 June 2026, Kraft said it is developing travel-size ranch packets that meet the 3.4-oz TSA liquid limit, reacting to TSA alerts prompted by World Cup visitors whose full-size bottles were seized at U.S. airport security.
On 16 June 2026 Germany’s finance agency refused to tender the state’s 12-13 % stake in Commerzbank, effectively derailing UniCredit’s €40 billion all-share takeover days before the offer window closes.
On 19 June 2026, during Reliance Industries’ 49th Annual General Meeting, Mukesh Ambani confirmed that Jio Platforms had lodged its draft prospectus with SEBI for an initial public offering of 27 crore new shares, aiming to raise roughly $4 billion and list India’s biggest tech company.
On 18 June 2026 the IEA disclosed that OECD oil inventories have fallen 163 million barrels since the February war, hitting a 36-year low, even as a newly-signed U.S.–Iran memorandum orders the immediate reopening of the Strait of Hormuz and drives the agency to predict an 8 mb/d supply rebound and sizable surplus by 2027.
On 17 June 2026, the National Stock Exchange lodged a draft prospectus with SEBI for an all-OFS IPO of up to 148.9 million shares—about 6 % of its equity—targeting proceeds near ₹30,000 crore, positioning it as India’s largest listing to date.
On 18 June 2026 President Trump announced on Truth Social that Apple has struck a deal for Intel to fabricate its chips in U.S. plants, a claim that—though still unverified by either company—immediately propelled Intel’s share price and spotlighted Washington’s 10 % equity bet on the chipmaker.
On 19 June 2026, the first convoy of tankers moved through the Strait of Hormuz following an 18 June interim US-Iran peace accord, sparking the largest weekly drop in crude since early 2024.
The International Energy Agency’s June report, issued hours after Washington and Tehran signed an interim cease-fire, projects that the Strait of Hormuz’s full reopening will flip today’s tight market into a 5 million bpd surplus by 2027, as 8 million bpd of new Gulf and UAE post-OPEC supply overwhelms a modest 2 million bpd demand recovery.
After raising a record $75 billion in its 12 June IPO, SpaceX shares have surged almost 50 % in four trading days, lifting the company’s market value from $2.1 trillion at the close of day one to an intraday peak above $3 trillion and vaulting it past Amazon into the world’s top five.
On 18 June 2026, Apple’s CEO told the Wall Street Journal that a >300 % surge in DRAM/NAND prices leaves the company ‘unable to shield customers’, and that forthcoming iPhones, Macs and iPads will be sold at higher retail prices.
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