Tuesday, June 16, 2026

Money

Dow, S&P 500, Nasdaq Jump: US Stocks Rally as US–Iran Deal Eases Oil and Supply Chain Pressures

US stock markets surged on Monday after investors welcomed a breakthrough US–Iran agreement aimed at ending hostilities and reopening the Strait of Hormuz, a key global shipping corridor. The Nasdaq...

How Fox’s Roku Acquisition Could Reshape the Future of Streaming Technology

DEAL AT A GLANCE   Deal Metric Details Deal Value $22 billion enterprise value Price Per Share $160.00 (cash + FOX Class A stock) Cash Component $96.00...

SpaceX Goes Public: $2 Trillion Debut Makes History — And Rewrites the Rules for Africa’s Digital Future

FAST FACTS: SPCX DEBUT Metric Value IPO Price $135 per share Opening Trade $150 per share (+11%) Intraday High $176.52 Current Trading ~$171 Valuation at Open $2 trillion+ Capital Raised $75 billion...

SASSA JULY 2026 GRANT PAYMENT DATES: Full Schedule Confirmed Older Persons, Disability, Children’s Grants and SRD

PRETORIA, 12 June 2026-The South African Social Security Agency (SASSA) has confirmed the official payment dates for all...

Durban’s Agribulk Terminal Ships First Maize Vessel in 18 Months — and a Record Harvest Promises More

After an 18-month silence, South Africa's Maydon Wharf Agribulk Terminal in Durban has loaded its first export maize...

Standard Glass Lining IPO Oversubscribed 17.61x on Day 2: Retail Investors Lead the Charge

The IPO of Standard Glass Lining Technology has seen an overwhelming response from investors, with the offering being oversubscribed...

Biocon’s Share Price Soars Following Jefferies Upgrade and Regulatory Approval

Biocon's stock has seen a significant surge today, rising by up to 4.44%, following an upgrade from Jefferies and...

Quadrant Future Tek IPO Receives Overwhelming Response, Subscribed 3.3x Within First Hour

Quadrant Future Tek's initial public offering (IPO) has kicked off with an explosive response, as the offering was subscribed...

Capital Infra Trust InvIT IPO Opens for Subscription, Targets ₹1,578 Crore

  The Capital Infra Trust’s Infrastructure Investment Trust (InvIT) initial public offering (IPO) opened for subscription today and is set...

Indo Farm Equipment Makes a Splashy Market Debut: Shares List at 20% Premium

Indo Farm Equipment Limited, a prominent manufacturer of tractors and agricultural machinery, made its highly anticipated stock market debut...

Nvidia CEO Jensen Huang Highlights Robotics and Automotive Growth at CES 2025

Nvidia CEO Jensen Huang took the stage at CES 2025 on Monday evening, delivering a visionary keynote that spotlighted...

London Silvertown Tunnel Toll Charges: What Drivers Need to Know

As London prepares for the highly anticipated opening of the Silvertown Tunnel in April 2025, new toll charges are...

City Power urges Johannesburg Residents to use Electricity Sparingly Amid Ongoing Power Struggles

City Power has issued a fresh warning to Johannesburg residents, urging them to use electricity sparingly in light of...

South Africa Enforces 15% Global Minimum Corporate Tax Rate: A Step Towards Fairer Taxation

In a historic move aimed at curbing tax evasion and ensuring fair taxation for multinational corporations, South Africa has...

Carvana Extends Loan Sale Agreement with Ally, Counters Short-Seller Claims

In a decisive move to reinforce its financial stability, Carvana has announced an extension of its loan sale agreement...

2 Best Stocks to Consider in 2025

Investing in the stock market requires a forward-looking approach, especially in an environment shaped by rapid technological advancements, geopolitical...

IBM Stock Soars: A Closer Look at the Surge

IBM (International Business Machines Corporation) has captured the market’s attention with a notable surge in its stock price, reaching...

PHARMA lOGISTICS