David Beckham and Gary Oldman Knighted in King Charles’ Birthday Honours List

Former England football captain David Beckham and Oscar-winning actor Gary Oldman have been knighted in King Charles III’s annual birthday honours list, recognizing their contributions to sport and the arts. Sculptor Antony Gormley was also named a Companion of Honour. David Beckham’s Knighthood Beckham, 50, began his football career at Manchester United in 1993, making […]

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Global Carbon Pricing Surpasses $100 Billion, Expands Emissions Coverage to 28%

Carbon pricing revenues reached a record $104 billion in 2024, marking a significant milestone in global climate policy, according to the World Bank’s State and Trends of Carbon Pricing 2024 report. Over half of the revenue was allocated to environmental, infrastructure, and development projects, reinforcing a growing commitment to climate-aligned public spending. Expansion of Carbon […]

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Renault CEO Luca de Meo Resigns, Shares Plunge as He Reportedly Joins Kering

In a surprise announcement, Renault Group CEO Luca de Meo has resigned from his position, triggering a sharp decline in the company’s stock. Renault’s shares fell 6.9% by early afternoon in Paris, while Kering’s stock surged 9.6%, following reports that de Meo will take over as CEO of the struggling luxury conglomerate. Renault confirmed de […]

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Amazon Dominates U.S. Apparel Market, Expected to Surpass $76 Billion in Sales

Amazon continues to solidify its position as the largest apparel and footwear retailer in the U.S., with estimated sales reaching $68 billion in 2023, according to Ike Boruchow, an equity analyst at Wells Fargo. This figure represents 13.2% of all apparel sales in the U.S. and an impressive 41.4% share of online apparel sales. Boruchow […]

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JPMorgan Warns of Prolonged Market Uncertainty Through 2025

JPMorgan strategists have issued a warning that a “fog of uncertainty” will weigh on global markets for the remainder of 2025, citing geopolitical tensions, unclear rate policies, and ongoing tariff impacts as key risk factors. Fabio Bassi, JPMorgan’s Head of Cross-Asset Strategy, stated that self-inflicted policy damage could push the U.S. economy closer to a […]

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Industrial Logistics Properties Trust Secures $1.16 Billion Fixed-Rate Mortgage Financing

Industrial Logistics Properties Trust (Nasdaq: ILPT) has successfully priced $1.16 billion in five-year, interest-only fixed-rate mortgage financing. The financing is secured by a portfolio of 101 industrial properties located across the U.S. mainland and Hawaii. The transaction is expected to close on or around June 26, 2025. The proceeds, along with $75 million in cash […]

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Africa Continental Brief: Business, Political, Conflict and Humanitarian Developments

– Week of June 16, 2025 Compiled from multiple verified sources (Reuters, AFP, AP, UN, Sudan Tribune) The news from the continent this new week is discouraging and seems to be full of unrest, hopefully this will change as the week progresses. 🔶 Health Crisis: Cholera Outbreak in Sudan Threatens Regional Spillover 🔶 Refugee Surge: […]

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Office of Public Affairs | Head of the Criminal Division, Matthew R. Galeotti Delivers Remarks at SIFMA’s Anti-Money Laundering and Financial Crimes Conference

Thank you, Bernard, for that kind introduction. And thank you to SIFMA for having me here at your annual AML and Financial Crimes Conference. Over the last several months, the Department has made clear that its mission is to protect hard-working Americans from the most serious threats. In the Criminal Division, we are working relentlessly […]

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UK Deploys Fighter Jets to Middle East Amid Escalating Regional Tensions

LONDON, UK – Prime Minister Keir Starmer has confirmed that Britain is deploying additional military assets, including fighter jets, to the Middle East to provide regional security support. The announcement comes as Iran and Israel exchange missile strikes, following Israel’s large-scale air offensive targeting Iranian military commanders, nuclear scientists, and key installations. Strategic Military Deployment […]

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Expanding ICE’s Temporary Halt on Immigration Raids to Include Health and Construction Sectors

By Solomon Alaka | 16/06/2025 U.S. Immigration and Customs Enforcement (ICE) has reportedly been instructed to pause worksite immigration raids targeting the agriculture, hospitality, and restaurant sectors—industries long recognized as dependent on immigrant labor. This directive marks a step toward minimizing disruption in critical supply chains and service industries. However, key sectors have been left […]

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