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By Laila Bassam and Steven Scheer BEIRUT/JERUSALEM, June 15 (Reuters) – Authorities in southern Lebanon warned people displaced by three months of war between Israel and Hezbollah against rushing home on Monday despite a U.S.-Iran deal to end the wider conflict, as Israel said it would not withdraw troops from the south. Lebanon has suffered the deadliest spillover of the conflict between the U.S. and Iran, with thousands of people […]

PARIS/FRANKFURT, June 15 (Reuters) – ECB President Christine Lagarde on Monday welcomed news of a U.S.-Iran ceasefire, saying it could help reopen the Strait of Hormuz, although fellow policymaker Joachim Nagel cautioned it would bring no immediate relief to high euro zone inflation. U.S. and Iranian officials said overnight they had reached an agreement to end their war and reopen the Strait, a gateway for energy shipment, in a preliminary […]

June 15 (Reuters) – Shares of SpaceX rose more than 5.6% before the bell on Monday, set to extend gains after a blockbuster debut last week that pushed its valuation past $2 trillion and into the ranks of Wall Street’s most valuable companies. CEO Elon Musk said on Sunday that the rockets-to-AI company could bring in $1 trillion in revenue by 2030. SpaceX reported $18.7 billion in revenue in 2025. […]

By Dave Graham ZURICH, June 15 (Reuters) – Older voters and city dwellers were instrumental in defeating a right-wing proposal to cap Switzerland’s population at 10 million, data from Sunday’s referendum showed, as the government and business leaders expressed relief at the outcome. Following a close campaign that pitted fears of uncontrolled immigration against the threat of Swiss isolation in Europe, voters ultimately rejected the initiative by a margin of 55%-45%. […]

June 15 (Reuters) – Futures tracking Wall Street’s main indexes jumped more than 1% each on Monday as investors cheered a preliminary pact struck between the U.S. and Iran to end the more than three-month conflict and reopen the strategic Strait of Hormuz. The framework for a deal, however, did not address sticking issues such as Iran’s nuclear program and the conflict between Lebanon and Israel. The agreement is expected […]

By Chris Kirkham and Marie Mannes June 15 (Reuters) – In its efforts to secure European approval of its “Full Self-Driving” (FSD) system, Tesla has presented self-published safety statistics to regulators in Sweden and the Netherlands that independent traffic-safety researchers have said amount to misleading marketing. A Reuters examination published last month found that Tesla CEO Elon Musk and other leaders over the past year have increasingly cited statistics they […]

GDANSK, June 15 (Reuters) – Australia in December became the world’s first country to ban social media for children under 16, blocking them from platforms including TikTok, Alphabet’s YouTube and Meta’s Instagram and Facebook. Below is a summary of what countries and companies are doing to regulate access to social media amid mounting concerns over the impact of social media on children’s health and safety. AUSTRALIA A landmark law forced […]

By Li Gu, Casey Hall and Jiaxing Li SHANGHAI/HONG KONG, June 15 (Reuters) – Global asset managers have been adding Chinese government bonds to their portfolios since the Iran war broke out, drawn not by yield but by their near-zero correlation with Western markets. Amid a global rout in sovereign debt since March that has sent benchmark yields soaring between 35 and 60 basis points (bps) in the U.S., Britain, […]

MELBOURNE, June 15 (Reuters) – Australia’s wealthiest person, mining baron Gina Rinehart, has taken a stake of more than $1 billion in the record-setting $75 billion SpaceX IPO, the Wall Street Journal reported on Monday, citing a person familiar with the matter. Rinehart’s company Hancock Prospecting did not confirm the size of its stake in Elon Musk’s SpaceX. However, she said in a statement: “This is a significant investment for […]