Oil prices fell slightly after Iran announced it would not meet with U.S. delegates for talks in Qatar, raising concerns about the peace process. Brent crude futures dropped about 21% in June, the largest monthly decline since March 2020, while U.S. West Texas Intermediate futures fell over 20%, their worst monthly performance since late 2021. The U.S. and Iran had signed a 14-point memorandum in mid-June to pause fighting disrupting oil flows through the Strait of Hormuz, a critical energy route. Despite recent tensions, some analysts note increasing tanker traffic in the region, which could challenge expectations of rising oil prices if the trend continues.
Kandi Technologies' subsidiary Xinchu New Energy has been named an authorized distributor for Schneider Electric in China for 2026. This allows Xinchu to distribute Schneider Electric's UPS systems and related products, enhancing its ability to provi...
Purebase Corporation announced that the Keystone Mine in Nevada has received its mining permit and begun operations as of June 29, 2026. CoreTer LLC, a Nevada-based company, will manage the mining activities while Purebase will handle marketing and s...
Global Net Lease, Inc. announced a quarterly dividend of $0.19 per share for common stockholders, payable on July 17, 2026, to those recorded by July 13, 2026. The dividend is part of the company's regular quarterly payments following each fiscal qua...
Investec Bank plc, acting as advisor and joint broker to Advanced Medical Solutions Group plc, disclosed its share dealings on June 30, 2026. The bank purchased 1,252,666 ordinary shares and sold 1,302,983 ordinary shares at prices between 279.5 and ...
China's data center market is projected to grow at an 8.94% CAGR from 2025 to 2031, reaching an estimated $101.47 billion by 2031. Growth is fueled by government initiatives promoting local GPU production, AI chip development by Alibaba, and the AI P...
