Australia’s Firmus Technologies strikes AI access deal with Nvidia
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Hawkish Fed Throws Down Challenge for Emerging-Market Bond Rally
(Bloomberg) — Just when it looked like emerging-market bonds would catch a break from falling energy prices, along came Federal Reserve Chairman Kevin Warsh to spoil the party. Read More
Tanker Struck in Hormuz as Navies Lift Threat Level to Ships
(Bloomberg) — A ship was attacked in the Strait of Hormuz and naval authorities increased the threat level to shipping in the area, a fresh sign of rising tensions around the world’s most vital energy chokepoint. Read More
Germany’s Embattled Carmakers Face Next Round of Cutbacks
(Bloomberg) — Around March last year, Volkswagen AG had settled on a hard-won plan to cut 50,000 jobs to revive profits and shore up its troubled German operations. Read More
Orion Digital Receives Nasdaq Notification Regarding Minimum Bid Price Deficiency
VANCOUVER, British Columbia — Orion Digital Corp. (NASDAQ:ORIO) (TSX:ORIO) (“Orion Digital” or the “Company”), today announced that on June 25, 2026, it received a written notification (the “Notification Letter”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) indicating that, for the last thirty consecutive business days, the bid price for the Company’s common shares (the “Shares”) had closed below the minimum US$1.00 per share requirement for continued listing on Nasdaq under Nasdaq Listing Rule 5550(a)(2). Read More
US Strikes Iran in Response to Strait of Hormuz Ship Attack
(Bloomberg) — The US attacked Iran one day after Tehran struck a commercial ship in the Strait of Hormuz, an exchange that threatened to break the fragile ceasefire between the two countries. Read More
Magnolia Oil & Gas Is in Lead to Acquire WildFire for Over $4 Billion
(Bloomberg) — Magnolia Oil & Gas Corp. has emerged as the front-runner to acquire closely held WildFire Energy for more than $4 billion in what would rank as its largest-ever acquisition, according to people familiar with the matter. Read More
Exxon’s Top US Gas Trader to Join Expand as Exits Hit Oil Giant
(Bloomberg) — Exxon Mobil Corp.’s head of US gas and power trading is moving to Expand Energy Corp., one of several recent departures from a unit the supermajor has been trying to grow. Read More