https://www.intlnews.top/business/ Global News Digest - Latest Business News Tue, 02 Jun 2026 07:03:30 +0000 https://www.intlnews.top/business/2026/06/02/bloomberg_Steph-Curry-Signs-Deal-With-Chinese-Sportswear-Gia_1517/ Stephen Curry has signed a deal with a major Chinese sportswear brand, marking a significant expansion for the NBA star and highlighting the growing influence of American athletes in the Chinese market. Tue, 02 Jun 2026 04:57:17 +0000 https://www.intlnews.top/business/2026/06/02/bbcnews_Steph-Curry-signs-with-Chinese-brand-Li-Ning-after_1303/ Stephen Curry partners with Li-Ning after leaving Under Armour, launching signature stores in the US and China. This deal boosts Li-Ning’s global expansion and marks Curry’s first collaboration with a Chinese brand. Tue, 02 Jun 2026 04:23:22 +0000 https://www.intlnews.top/business/2026/06/02/bloomberg_Chinas-Solar-Industry-Launches-Space-Alliance-With_1305/ China’s solar industry launched a space alliance with minimal details. The move follows recent panel installations in Gansu Province. Tue, 02 Jun 2026 04:17:49 +0000 https://www.intlnews.top/business/2026/06/02/bloomberg_SpaceX-mdash-To-Boldly-Raise-Money-WhereNo-IPO-Has_411/ SpaceX is launching a massive capital raise, likened to an IPO, to fund its ambitious space exploration goals. This financial move marks a bold new chapter for the company, echoing the spirit of Star Trek's pioneering voyages. Tue, 02 Jun 2026 04:12:41 +0000 https://www.intlnews.top/business/2026/06/02/bloomberg_Arm-CEO-Haas-on-Agentic-AI-and-Taiwans-Ecosystem_412/ Arm CEO Rene Haas discusses Agentic AI and Taiwan's ecosystem. Tue, 02 Jun 2026 04:04:37 +0000 https://www.intlnews.top/business/2026/06/02/bloomberg_Job-Cuts-or-Job-Change-AI-Debate-Heats-Up_413/ The AI debate intensifies over whether automation will cause mass job cuts or merely transform existing roles. This tension highlights the urgent need for workforce adaptation strategies. Tue, 02 Jun 2026 04:03:58 +0000 https://www.intlnews.top/business/2026/06/02/financialtimes_US-in-talks-to-expand-nuclear-weapons-deployments-_426/ The US is discussing expanding its nuclear weapons deployment in Europe, potentially allowing more nations to host nuclear-capable bombers. Tue, 02 Jun 2026 04:00:15 +0000 https://www.intlnews.top/business/2026/06/02/financialtimes_What-matters-in-Tuesdays-US-primaries-LA-jungles-a_430/ Tuesday’s US primaries test MAGA’s appeal and celebrity campaigns, highlighting LA’s unique “jungle” voting systems and posing a fresh challenge for Trump. Tue, 02 Jun 2026 04:00:15 +0000 https://www.intlnews.top/business/2026/06/02/financialtimes_How-did-Spains-unemployment-rate-converge-with-Fin_425/ Spain and Finland’s unemployment rates converged despite distinct drivers. Migration frameworks and labor market adjustments operated through different mechanisms in each nation. Tue, 02 Jun 2026 04:00:14 +0000 https://www.intlnews.top/business/2026/06/02/financialtimes_US-start-up-plans-to-drill-for-lithium-under-VW-an_431/ US firm Atana Elements secured licenses to drill for lithium beneath VW and BMW factories in Germany and Poland, aiming to reduce Europe's reliance on Chinese supply chains. Tue, 02 Jun 2026 04:00:14 +0000 https://www.intlnews.top/business/2026/06/02/financialtimes_Will-the-IT-consulting-share-price-rout-ever-end_1520/ Accenture faces investor skepticism as AI threatens its business model, raising questions about whether the IT consulting stock price rout has bottomed out. Tue, 02 Jun 2026 04:00:05 +0000 https://www.intlnews.top/business/2026/06/02/financialtimes_Deutsche-Banks-comeback_424/ Deutsche Bank is shifting focus from global Wall Street ambitions to the European market, marking a strategic retreat after years of turbulence. Tue, 02 Jun 2026 04:00:05 +0000 https://www.intlnews.top/business/2026/06/02/financialtimes_Europes-maverick-Spain-defends-its-robust-rejectio_1311/ Spain firmly rejects Trump’s policies, asserting that upholding international law shouldn’t cause friction with hesitant EU partners. Tue, 02 Jun 2026 04:00:04 +0000 https://www.intlnews.top/business/2026/06/02/bloomberg_Poland-Set-to-Hold-Interest-Rates-After-Inflation-_417/ Poland’s central bank is expected to hold interest rates steady as inflation pressures cool. This decision aims to balance economic stability with controlled price growth. Tue, 02 Jun 2026 04:00:00 +0000 https://www.intlnews.top/business/2026/06/02/bloomberg_Chinas-State-Buyer-Seeks-Scrutiny-of-New-Fortescue_415/ China’s state-owned iron ore buyer demands closer scrutiny of Fortescue’s operations. This move signals intensified regulatory oversight of major mining firms in the sector. Tue, 02 Jun 2026 03:58:56 +0000 https://www.intlnews.top/business/2026/06/02/bloomberg_Pimco-Says-Treasury-Yields-Driven-by-Fed-Bets-Not-_416/ Pimco asserts that Treasury yields are currently driven by market expectations of Federal Reserve policy, rather than developments in artificial intelligence. Tue, 02 Jun 2026 03:46:50 +0000 https://www.intlnews.top/business/2026/06/02/bloomberg_Japan-10-Year-Bond-Yield-Falls-After-Auction-Sees-_414/ Japan’s 10-year bond yield fell after a successful auction with strong investor demand. This reflects steady confidence in Japanese sovereign debt despite broader market volatility. Tue, 02 Jun 2026 03:39:23 +0000 https://www.intlnews.top/business/2026/06/02/bloomberg_Bloomberg-Law-Green-Card-Applicants-Face-Uncertain_295/ Bloomberg Law podcast discusses the growing uncertainty facing green card applicants. The episode explores potential policy shifts and their impact on immigration processes. Tue, 02 Jun 2026 03:29:46 +0000 https://www.intlnews.top/business/2026/06/02/bloomberg_PBOC-Cuts-Cash-Operation-to-Record-Low-as-Bond-Ral_419/ The PBOC cut cash operations to a record low, intensifying a bond market rally. This historic reduction in liquidity management signals a strategic shift, driving deeper investor demand for bonds amid easing monetary conditions. Tue, 02 Jun 2026 03:28:25 +0000 https://www.intlnews.top/business/2026/06/02/bloomberg_US-Cuts-Agriculture-Equipment-Tariffs-Weaponizatio_297/ The US has lowered tariffs on agricultural equipment and halted funding for weaponization initiatives, signaling a shift in trade and defense policy priorities. Tue, 02 Jun 2026 03:27:14 +0000 https://www.intlnews.top/business/2026/06/02/bloomberg_Whats-Next-After-Short-Seller-Andrew-Short-Found-G_242/ Andrew Short’s conviction marks a significant legal victory against market manipulation. This ruling signals stricter enforcement for short sellers and aims to restore investor confidence in market integrity. Tue, 02 Jun 2026 03:27:11 +0000 https://www.intlnews.top/business/2026/06/02/bbcnews_London-Tube-strikes-go-ahead-after-talks-fail_2156/ London Tube strikes proceed after talks failed, with RMT rejecting TfL’s four-day week offer over safety concerns. Services are severely reduced, though buses and other modes continue running. Tue, 02 Jun 2026 03:26:42 +0000 https://www.intlnews.top/business/2026/06/02/financialtimes_General-Mills-sells-Häagen-Dazs-ice-cream-stores-i_362/ General Mills is selling its Häagen-Dazs retail stores in China, reflecting a broader trend of international brands shifting toward localized management structures. Tue, 02 Jun 2026 03:19:26 +0000 https://www.intlnews.top/business/2026/06/02/bloomberg_Chinas-LNG-Imports-Rebound-in-May-as-Buyers-Prepar_241/ China’s LNG imports surged in May as buyers prepared for summer demand. Tue, 02 Jun 2026 03:14:04 +0000 https://www.intlnews.top/business/2026/06/02/financialtimes_Tencent-moves-closer-to-launching-AI-agent-for-Chi_360/ Tencent is nearing the launch of an AI agent for WeChat, aiming to catch up with domestic rivals after trailing in AI model development. Tue, 02 Jun 2026 02:52:04 +0000 https://www.intlnews.top/business/2026/06/02/bloomberg_Foreign-Ownership-of-Indian-Shares-Tumbles-to-10-Y_244/ Foreign ownership of Indian shares has dropped to a 10-year low. This decline occurs as the NSE prepares for a major IPO despite recent executive resignations. Tue, 02 Jun 2026 02:44:45 +0000 https://www.intlnews.top/business/2026/06/02/bloomberg_US-Cuts-Tariffs-on-Farm-Equipment-Trump-Payout-Fun_296/ The US lowered tariffs on farm equipment, while data shows a significant drop in the Trump-related payout fund. Tue, 02 Jun 2026 02:38:49 +0000 https://www.intlnews.top/business/2026/06/02/bloomberg_Aluminum-Advances-to-Four-Year-High-on-Tighter-Glo_246/ Aluminum prices hit a four-year high due to tighter global supply. This surge follows stricter market dynamics impacting major producers like Rio Tinto in Canada. Tue, 02 Jun 2026 02:37:12 +0000 https://www.intlnews.top/business/2026/06/02/bloomberg_General-Mills-to-Sell-Mainland-China-Häagen-Dazs-I_249/ General Mills is selling its Mainland China Häagen-Dazs ice cream shops to Chinese tea brand Ningji. This divestment marks a strategic shift for the US food giant in the region. Tue, 02 Jun 2026 02:26:29 +0000 https://www.intlnews.top/business/2026/06/02/bloomberg_Chinas-Yuan-Rises-to-Highest-Level-Against-Basket-_248/ China’s yuan hit its strongest level against a global currency basket since 2022, marking a significant shift in forex trends and reflecting broader economic dynamics. Tue, 02 Jun 2026 02:18:38 +0000