Pieran

Trump announces 50% tariff on Brazilian goods

X CEO Yaccarino to step down in surprise move Linda Yaccarino, CEO of Elon Musk-owned social platform X, said on Wednesday she would step down from the top role in a surprise move.

Linda Yaccarino, CEO of Elon Musk's X, to step down

www.reuters.com/sustainabili...

Dubai's Emirates signs preliminary deal to add crypto to payments Emirates has signed a preliminary deal with Crypto.com that will allow its customers to make payments through the crypto trading platform's payment service, the Gulf carrier's parent company said in a statement on Wednesday.

Dubai's Emirates signs preliminary deal to add crypto to payments

www.reuters.com/world/middle...

Elon Musk says he is launching new political party The world's richest man says he is setting up a new political organisation called the America Party.

Elon Musk says he is launching new political party

www.bbc.co.uk/news/article...

Tesla faces second straight year of falling sales after another bad quarter | TechCrunch Tesla sales fell more than 13% compared to last year as the company struggles to find demand for its aging lineup, and as CEO Elon Musk continues to damage the brand.

Tesla faces second straight year of falling sales after another bad quarter

techcrunch.com/2025/07/02/t...

Microsoft is laying off as many as 9,000 employees Xbox will end or decrease work ‘in certain areas’

Microsoft is laying off as many as 9,000 employees

www.theverge.com/news/693535/...

Meta seeks $29bn from private credit giants to fund AI data centres Apollo, Brookfield and Pimco among the lenders in talks with Mark Zuckerberg’s social media group

Meta seeks $29bn from private credit giants to fund AI data centres

www.ft.com/content/aff1...

British retail sales tumble 2.7 per cent in May Steeper than expected drop comes amid signs that economic growth is slowing

British retail sales tumble 2.7 per cent in May

www.ft.com/content/5134...

United States : Initial Jobless Claims DOWN TO 245K FROM 248K

Sam Altman says Meta tried and failed to poach OpenAI's talent with $100M offers | TechCrunch OpenAI CEO Sam Altman said that Meta tried to poach its employees with nine-figure offers, but failed to recruit OpenAI's best people.

Sam Altman claims Meta tried and failed to poach OpenAI's talent with $100m offers.

techcrunch.com/2025/06/17/s...

UK inflation rose 3.4% in April, above economists' expectations.

Meta introduces advertising to WhatsApp in push for new revenues US tech group reverses ‘no ads’ stance at world’s most popular messaging service

Meta introduces advertising to WhatsApp in push for new revenues

www.ft.com/content/25bc...

The number of payrolled employees in the UK dropped by 109,000 in May, the most since the early days of the pandemic

Source: Bloomberg

Cobalt Holdings too. Just weeks after announcing a planned $230mn share offering backed by leading investors including Glencore.

UK fintech Wise to switch main listing to New York Fresh blow to London market struggling to compete with Wall Street

UK fintech Wise to switch main listing to New York

Source: on.ft.com/43J0d0q

Britain's statistics office has said April's inflation number was 0.1 percentage point higher than it should have been due to an error in data provided by the Department for Transport.

Data Error Pushed Up UK
Inflation in April, Stats Office Says

Average cost of residential property rose 0.5% between April and May to £273,427

UK house price growth in May exceeds forecasts Average cost of residential property rose 0.5% between April and May to £273,427

UK house price growth in May exceeds forecasts

Source: www.ft.com/content/a068...

United and JetBlue agree to a partnership that will allow travelers to use loyalty points and book fights across the two carriers

Trump orders US chip designers to stop selling to China Move is latest US effort to stymie geopolitical rival’s technological advance

Trump orders US chip designers to stop selling to China

on.ft.com/43hH6LX

Shein is considering switching its planned initial public offering to Hong Kong from London.

Source: Bloomberg

Citadel Securities profits jump 70% on surge in trading revenues Ken Griffin’s market-making firm benefited from tumult in early 2025

Citadel Securities profits jump 70% on surge in trading revenues

www.ft.com/content/d0f4...

IMF raises UK growth forecast as it warns on tax and spending In its annual health-check for the UK economy, the IMF predicted growth of 1.2%, a marginal upgrade to its previous forecast.

IMF raises UK growth forecast as it warns on tax and spending.

www.bbc.co.uk/news/article...

WhatsApp now on iPad!

- Forecast range 650k-749k from 49 estimates, median 695k

- New home sales rose 73k in April from prior month

- Houses for sale in April fell 0.6% m/m to 504,000

April new home sales rose 10.9% to 743,000 annual rate, Census Bureau data show

US April New Home Sales Rise to 743K, Highest Since Feb. 2022

Harvard sues the Trump administration after it revoked the university's ability to enrol international students

Trump Threatens 25% Tariff on Apple If iPhone Not Made in US