North America:

  • Tesla plans to launch its robotaxi service on June 22.
  • Nvidia is expanding its global influence through AI and quantum computing partnerships, including plans to build the world's first industrial AI cloud in Europe.
  • Meta is contesting technology fees in the EU's second highest court and has launched a new AI group named Superintelligence.
  • Boeing achieves its 737 MAX production target and secures 303 new orders.
  • Google offers buyouts to employees and partners with OpenAI for cloud computing.
  • Apollo Global Management's Matthew Michelini discussed the positive impact of trade concerns on Asia's private credit.
  • Novavax's COVID-19-influenza combination vaccine shows strong immune responses in late-stage studies.
  • 23andMe is being sued by the New York Attorney General for selling private customer data.
  • WSP Global has acquired Ricardo PLC for approximately £363.1 million.
  • T.D. Williamson received a strategic investment from Apollo Funds but retained majority ownership.

Europe:

  • UniCredit faces challenges with its Banco BPM acquisition due to Italian government conditions.
  • Inditex's Q1 sales fell short of expectations due to tariff impacts and global trade disputes.
  • Assura PLC has accepted a final takeover offer from a KKR-led consortium, valuing the company at GBP 1.70 billion.
  • Castings reports an earnings decline due to less demand from heavy truck customers.
  • Mistral launches Europe's first AI reasoning model.

Rest of the world:

  • Royal Air Maroc is close to finalizing deals with Boeing and Airbus for fleet renewal.
  • Riyadh Air has placed a firm order for 25 Airbus A350 jets.
  • AirAsia and VietJet are in advanced talks to order at least 100 Airbus aircraft each.
  • Foshan Haitian Flavouring and Food Co. plans to raise up to $1.2 billion through its upcoming Hong Kong IPO.
  • JL MAG Rare-Earth has secured export licenses for rare earth products following China's export control relaxation.
  • Nintendo's Switch 2 achieved a record as the fastest-selling console with over 3.5 million units sold in four days.
  • Qantas Airways is shutting down its low-cost Singapore unit, Jetstar Asia, due to escalating costs and competition.
  • Qualcomm has launched an AI research and development center in Vietnam.