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  • 4h ago

    SpaceX debuts on Nasdaq in record $75bn IPO, Elon Musk becomes world’s first trillionaire

    On Friday, Elon Musk’s SpaceX began trading on the Nasdaq after the largest initial public offering in history, raising $75 billion. Shares closed up 19%, instantly making Musk the first person worth over one trillion dollars.

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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  • World Cup opening ceremony in Los Angeles

    Katy Perry performs in Los Angeles as the opening ceremony concludes ahead of the United States kickoff against Paraguay.

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European Union · Updated 5m ago

The ageing Union's economy

The ECB's decision to hold rates and Draghi's reiteration of investment warnings confirm known positions, while the Competitiveness Compass report provides further diagnostic detail without introducing new policy proposals.

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