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  • 4h ago

    SpaceX prices IPO at $135 a share, targets $75bn raise in largest-ever debut as retail demand overwhelms supply

    Elon Musk's rocket, satellite and AI company begins trading Friday on the Nasdaq under ticker SPCX, with a $1.78 trillion valuation and retail orders exceeding the available shares by a factor of five.

Today’s Brief

49 missiles and one resignation

US and Iran rupture ceasefire as oil shock squeezes central banks and Starmer

The Gulf again set the tempo, as the United States and Iran traded fire and Tehran threatened the Strait of Hormuz. Markets, central banks and governments then absorbed the bill, with inflation rising, rates moving and defence rows sharpening.

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  • Thai Princess Bajrakitiyabha dies at 47

    Palace announces the death of the King's eldest daughter at Chulalongkorn Hospital in Bangkok, ending nearly four years in a coma.

  • US plans NATO force cuts in Europe

    Plans to reduce US fighter jets in Europe from 150 to 100, alongside cuts to maritime and tanker aircraft, as the Pentagon holds back public confirmation.

  • US and Iran dispute over peace deal

    Reveals details of the US-Iran agreement as Trump claims the conflict is 95% resolved, while Tehran maintains a cautious stance on the proposed terms.

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European Union · Updated 23m ago

European democracies and populism

The findings detail the consolidation of far-right influence in EU institutions and the strategic positioning of populist parties ahead of key national elections, but no discrete, high-impact event occurred.

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