World News
SpaceX, other mega IPOs may have to wait years to join the S&P 500
The decision comes as Space Exploration Technologies Corp., as it's formally known, prepares to start trading June 12
 "SpaceX, other mega IPOs may have to wait years to join the S&P 500")
Fifa to let fans bring bottled water to World Cup, but with some caveats
Mamdani had raised concerns about reports that Fifa had banned fans from bringing bottles of water to World Cup matches, demanding answers from Fifa
 "Fifa to let fans bring bottled water to World Cup, but with some caveats")
US, Iran deadlocked over ceasefire terms as conflict nears 100-day mark
Without a breakthrough, the continuing standoff suggests that Iran believes it can bear the current level of pressure longer while betting that the political pain may get Trump to concede
 "US, Iran deadlocked over ceasefire terms as conflict nears 100-day mark")
Paramount Skydance to face legal challenge from states on Warner deal
Most of the states that have been weighing the lawsuit are led by Democratic attorneys general although at least two Republican attorney generals are involved in the probe
 "Paramount Skydance to face legal challenge from states on Warner deal")
England's World Cup opener set to trigger a spike in UK power demand
One of the biggest surges is expected at half-time, as hundreds of thousands of viewers leave their couches and switch on kettles all at once
 "England's World Cup opener set to trigger a spike in UK power demand")
China fully supports India in its work as Brics chair, says Amb Xu Feihong
Chinese envoy Feihong said China fully supports India in its work as the Brics chair and stands ready to work together with India to steer the high-quality development of both Brics and SCO
 "China fully supports India in its work as Brics chair, says Amb Xu Feihong")
Netflix names longtime director Jay Hoag chairman after Reed Hastings' exit
The streaming platform announced the move in an SEC filing on Friday, saying Hoag assumed the role following its annual shareholders meeting on June 4
 "Netflix names longtime director Jay Hoag chairman after Reed Hastings' exit")
Court cannot halt Trump's White House ballroom construction: Govt lawyer
The hearing on Friday centered on who has standing to challenge government steps once they have already been taken and whether that standing overrides national security
 "Court cannot halt Trump's White House ballroom construction: Govt lawyer")
Bill in US Congress seeks to end H-1B visa as route to green card
The proposed legislation also seeks to scrap the optional practical training (OPT) programme, which allows foreign students to work in the US for a limited period after graduation
 "Bill in US Congress seeks to end H-1B visa as route to green card")
US Congress nears approval of $70 bn boost for Trump's deportation agenda
The work of Congress comes at a pivotal time for the Republican president and his party as they face restless voters before the midterm elections
 "US Congress nears approval of $70 bn boost for Trump's deportation agenda")
US Defence Dept slashes its religious designations list from 200 to 31
The new list of 31 is down from more than 200 previously recognised traditions that troops could choose from
 "US Defence Dept slashes its religious designations list from 200 to 31")
US military downs four Iranian drones launched toward Strait of Hormuz
US Central Command said it hit the radar sites, including an island in the strait, 'to defend against further attacks'
 "US military downs four Iranian drones launched toward Strait of Hormuz")
Putin rejects Zelenskyy's offer to meet, saying he sees 'no point' in it
Putin dismissed Zelenskyy's proposal for direct talks, saying the Ukrainian leader's public appeal made a personal meeting unnecessary and unproductive
 "Putin rejects Zelenskyy's offer to meet, saying he sees 'no point' in it")
NASA reverses evacuation alert order for astronauts aboard space station
NASA ordered ISS astronauts to prepare for evacuation after an air leak worsened in Russia's Zvezda module, before later lifting the alert
 "NASA reverses evacuation alert order for astronauts aboard space station")
Open to peace if Kyiv bends, says Russian President Vladimir Putin
Putin says Russia is open to a peace deal based on Trump-backed proposals if Ukraine accepts compromises, as Zelenskyy seeks direct talks
 "Open to peace if Kyiv bends, says Russian President Vladimir Putin")
Gloomy future: For new graduates, job market scars could linger for years
Weak hiring and AI-driven disruption threaten recent graduates with lower wages, slower career growth and higher unemployment, economists warn
 "Gloomy future: For new graduates, job market scars could linger for years")
Chinese, Hong Kong investors banned from SpaceX IPO on security grounds
SpaceX IPO underwriters bar Hong Kong and China investors, citing US export-control rules and national security concerns over sensitive technologies
 "Chinese, Hong Kong investors banned from SpaceX IPO on security grounds")
Iran declares support for Hezbollah with wider peace deal in doubt
Tehran links any US-brokered peace deal to a Hezbollah-Israel ceasefire and Israeli withdrawal from southern Lebanon, complicating regional truce efforts
 "Iran declares support for Hezbollah with wider peace deal in doubt")
Trump's lawyers sought to halt discovery in $10 billion BBC lawsuit
Trump has accused the BBC of defaming him by splicing together parts of a January 6, 2021, speech to make it appear that he directed supporters to storm the US Capitol
 "Trump's lawyers sought to halt discovery in $10 billion BBC lawsuit")
Xi Jinping to travel to North Korea next week in first visit since 2019
The trip will come just weeks after Xi hosted US President Donald Trump and Russian President Vladimir Putin in quick succession in Beijing
 "Xi Jinping to travel to North Korea next week in first visit since 2019")