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WASHINGTON (AP) — The Senate is working overnight to pass legislation that would fund President Donald Trump’s immigration enforcement agencies as Democrats and some Republicans have tried to add language to permanently block Trump from creating a $1.776 billion settlement fund. Earlier in the day, Republicans turned back a Democratic effort to block the fund, which would compensate the president’s allies who say they have been politically persecuted. But there […]

By Summer Zhen and Kane Wu HONG KONG, June 5 (Reuters) – SpaceX’s website and IPO marketing documents were not accessible on Friday in Hong Kong and mainland China, a Reuters review showed, a step that threatens to curb participation by investors there in a listing expected to be the world’s largest. Elon Musk’s SpaceX aims to raise $75 billion, the most globally in an IPO, in a deal that […]

June 5 (Reuters) – The public listing of SpaceX will take centre stage as it looks likely to become one of the top 10 most valuable U.S. listed firms after it goes public, while a rate hike from the European Central Bank on Thursday seems nailed on. Elsewhere, China releases a bunch of data and the OPEC+ group meets to decide its oil output quotas against the backdrop of the […]

SYDNEY, June 5 (Reuters) – Australia’s AirTrunk said on Friday it would invest $30 billion in India within the next four years to build out 5 gigawatts of new data centre capacity in the South Asian nation. Sydney-headquartered AirTrunk, backed by Blackstone and Canadian Pension Plan Investment Board (CPPIB) entered the Indian market in April with its purchase of Lumina CloudInfra. The firm’s Indian development pipeline includes 600 megawatts of […]

BEIJING, June 5 (Reuters) – The number of Chinese students sitting the country’s national university entrance exam, due to begin on Sunday, has dropped sharply by 450,000 to 12.9 million from a year earlier, as more teenagers opt out of pursuing academic degrees. The figures, released by the Ministry of Education on Wednesday, come amid a structural shrinkage in the cohort of college-age Chinese teenagers, compounded by a challenging job […]

June 5 (Reuters) – Single-board computing company Raspberry Pi on Friday raised its full-year 2026 profit forecast, saying strong AI-related demand was expected to result in adjusted core profit “significantly ahead” of market expectations for the year. The company expects first-half core profit of at least $38 million, with unit shipments of over 4 million for the six months ending June 30. The performance is likely to be helped by […]

June 5 (Reuters) – U.S.-based Apollo Global Management does not intend to make a firm offer for British thermal processing services company Bodycote, the groups said on Friday, ending talks over a £1.52 billion ($2.04 billion) proposal. The alternative asset manager had submitted a conditional all-cash bid to Bodycote last month following several previous approaches, sending its shares surging as the 885 pence per share offer stood at a nearly […]

RALEIGH, N.C. (AP) — A failed coach’s challenge by John Tortorella was a momentum-changing moment in Game 2 of the Stanley Cup Final on Thursday night. His Vegas Golden Knights appeared to score with five minutes left in regulation, but referee Jean Hebert waved it off immediately, citing goaltender interference. Hebert announced that he and the other on-ice officials thought Ivan Barbashev pushed Carolina Hurricanes goaltender Frederik Andersen to knock […]

RALEIGH, N.C. (AP) — Vegas Golden Knights defenseman Brayden McNabb took a puck to the face that knocked him out of Game 2 of the Stanley Cup Final on Thursday night. A slap shot from Carolina’s Nikolaj Ehlers hit McNabb square in the face just past the midway point of the first period. McNabb dropped his stick, went down to the ice and grabbed his nose as he skated immediately […]