LONG READ: The Post-Pax Americana Interregnum has already started
Empires tend to last about a hundred years, and true to form the Pax Americana has passed its peak. What follows is several decades of instability and lower growth as the leading countries of the world vie to fill the void. The Interregnum has started. The Chinese, Dutch, Portugese and B»»»
SpaceX IPO makes Elon Musk world's first trillionaire
BusinessUnited States of AmericaSpaceX IPO makes Elon Musk world's first trillionaireMatt Ford | Mark Hallam with AFP, AP, ReutersSpaceX floated on the Nasdaq stock exchange on Friday, with shares trading 25% above the opening price at one point. The IPO has made Musk the world's first trillionaire»»»
SpaceX stock soars in debut and makes Elon Musk the first trillionaire
NEW YORK: Elon Musk became the world’s first trillionaire after shares of his rocket company SpaceX soared in Wall Street’s biggest initial public offering of stock. Shares in SpaceX jumped more than 19 percent after opening for trading at noon Friday, a sign that investors are looking past the bil»»»
SpaceX IPO tops $176, launches company past $2 trillion - UPI.com
1 of 3 | Pedestrians walk in Times Square with screens showing visuals of Elon Musk and SpaceX branding at the Nasdaq MarketSite Exchange in Times Square on Friday in New York City. Elon Musk celebrated the Nasdaq opening bell Friday as SpaceX prepared to start trading publicly and likely cementing»»»
Elon Musk becomes world's first trillionaire as SpaceX shares jump
Shares in Elon Musk's SpaceX jumped as much as 30 percent on their trading debut Friday after the biggest IPO in history, making the polarizing entrepreneur the world's first trillionaire as he vowed to take humanity to Mars. The blockbuster initial public offering, which raised more than $75 billi»»»
Musk becomes world's first trillionaire as SpaceX shares jump
New York: Shares in Elon Musk's SpaceX jumped 11 percent to $150 on their first day of trading Friday after the biggest initial public offering in history, making the polarizing entrepreneur the world's first trillionaire as he vowed to take humanity to Mars. The blockbuster operation, which raised»»»
Musk vows to reach Mars as SpaceX makes biggest-ever Wall Street debut
Elon Musk on Friday promised to take humanity to Mars as his SpaceX company began its first day of trading on Wall Street with expectations of a $12 trillion valuation blockbuster. Elon Musk's SpaceX began its first day as a public company on Wall Street Friday after the biggest initial public offe»»»
SpaceX may be heading for a blockbuster debut, but analysts warn the rush for shares could pull money out of the wider market
Dubai: SpaceX begins trading on Friday after raising $75 billion in the biggest initial public offering in history, setting up a market debut that could reshape investor portfolios and test demand for one of the world’s most closely watched companies. Sign up for our daily business newsletter, Cheq»»»
Will World Cup 2026 crown a new all-time top scorer?
Doha, Qatar: The FIFA World Cup 2026 is already guaranteed to be unlike any previous edition of football’s biggest tournament. With a record 48 participating teams, 104 matches, three host nations and an expanded knockout stage, the tournament will rewrite several chapters of World Cup history. Yet»»»
Elon Musk becomes world’s first trillionaire - | 24.KG
Elon Musk has become the first trillionaire in history. He reportedly increased his wealth after his company SpaceX went public. The IPO raised $75 billion, marking an all-time record in stock market history, Reuters reports. However, the Washington Post notes that he has become a trillionaire «on »»»
SpaceX final IPO share price set, company valued at $1.77 trillion - UPI.com
SpaceX CEO Elon Musk, pictured in 2025 at the White House, is poised to move even closer to being the world's first trillionaire as the company's IPO goes live on the NASDAQ on Friday. File Photo by Shawn Thew/UPI | License Photo June 11 (UPI) -- The final price for the SpaceX initial public offeri»»»
Business - Will the stars align for SpaceX IPO?
Expectations are high for the IPO of SpaceX. The company - which includes rockets, satellites, and AI units - could become one of the most valuable in the world following its market launch on Friday. Founder Elon Musk is set to retail near total control of SpaceX, with 85% of the voting rights. Igo»»»
UN reports record levels of settler violence in the West Bank
Violence by Israeli settlers in the occupied West Bank has reached record levels, with an average of six attacks daily causing casualties or damage, the UN said Thursday. The number of such attacks this year has surpassed 1,000, said Stephane Dujarric, spokesman for the UN chief, citing the UN’s Of»»»
UN reports record levels of settler violence in the West Bank
Violence by Israeli settlers in the occupied West Bank has reached record levels, with an average of six attacks daily causing casualties or damage, the UN said Thursday.The number of such attacks this year has surpassed 1,000, said Stephane Dujarric, spokesman for the UN chief, citing the UN’s Off»»»
Canada took our land and our lives. We deserve to have at least our names back
The current debate in Canada over Indigenous rights, language revitalization, and the restoration of original place names, especially in British Columbia, is deeply rooted in historical truth, constitutional reality, and the lived experience of Indigenous peoples who have survived centuries of syst»»»
Wholesale inflation surged 1.1% in May, more than expected - UPI.com
Super unleaded gasoline is sold at a price of $5.49 dollars per gallon at Global Gas Station on May 27, in New York City. More than half of May's increase in final demand product prices stems from a more than 23% increase in the gasoline index. Photo by John Angelillo/UPI | License Photo June 11 (U»»»
Musk's SpaceX IPO holds both promise and peril
BusinessUnited States of AmericaMusk's SpaceX IPO holds both promise and perilSrinivas MazumdaruElon Musk’s rocket and AI company presents potential for investors. But its futuristic, unproven plans also carry significant financial risks. https://p.dw.com/p/5F9CkSpaceX's ultimate goal is to coloniz»»»
Electro-Alfa International completes acquisition of SPIACT Craiova and Electro Alfa CM
Electro-Alfa International (BVB: EAI), a leading Romanian manufacturer of electrical equipment and provider of EPC and IT services, listed on the Bucharest Stock Exchange, has completed the acquisition of SPIACT Craiova and Electro Alfa CM (Metal Fabrications). The two acquisitions, worth over EUR »»»
SpaceX IPO holds both promise and peril
BusinessUnited States of AmericaSpaceX IPO holds both promise and perilSrinivas MazumdaruElon Musk’s rocket and AI company presents potential for investors. But its futuristic, unproven plans also carry significant financial risks. https://p.dw.com/p/5F9CkSpaceX's ultimate goal is to colonize and e»»»
Timur Turlov’s Freedom Holding Corp: From a niche broker to a global fintech player
Who is Timur Turlov? Where did his billions come from? And how did he turn a small brokerage firm into a transnational financial ecosystem? Freedom Holding Corp. is a Kazakhstan-born international fintech company listed on the Nasdaq and valued at nearly $9 billion. In recent years, the company - w»»»
Business - Wall Street counts down to SpaceX IPO
Wall Street is counting down to what could be the biggest market debut in history, with SpaceX preparing to go public. The IPO is expected to value the company at $1.75 trillion and make founder Elon Musk the world's first trillionaire. Also, US inflation has surged to its highest level in three ye»»»
Nigerian Exchange seeks pan-African participation in Dangote Refinery IPO with up to $50bn valuation
The Nigerian Exchange Group (NGX Group) is positioning the planned initial public offering of Dangote Refinery and Petrochemicals FZE, as a pan-African investment opportunity, aiming to attract capital from across the continent and international markets, The Premium Times has reported. The company,»»»
SpaceX on Cusp of Record IPO that Could Make Musk a Trillionaire
SpaceX enters the final stretch Thursday before its expected trading on Wall Street as part of the biggest initial public offering in history, which could propel co-founder Elon Musk to trillionaire status. The company will be the first out of the gates among the tech and AI giants eyeing public ma»»»
On This Day, June 11: George Wallace tries to block integration of Univ. of Alabama - UPI.com
On June 11, 1963, for a brief moment, Gov. George Wallace blocked the enrollment of two Black students to the University of Alabama. 1 of 5 | Alabama Gov. George Wallace blocks the enrollment of two Black students to the University of Alabama on June 11, 1963. File Photo by Warren K. Leffler/U.S. N»»»
Historic Jeddah Waterfront Rehabilitation Enters Phase Two with 972-Metre Marine Quay to Revitalise Al Arbaeen Lagoon
Saudi Arabia's Historic Jeddah Waterfront Rehabilitation Project has entered its second phase, with construction underway on a 972-metre marine quay as part of wider efforts to restore Al Arbaeen Lagoon and revitalise the city's historic waterfront. The project, implemented under the Historic Jedda»»»
How the UAE plans to lead the AI era
At a time when governments around the world are racing to explore the transformative potential of artificial intelligence, the United Arab Emirates is confidently advancing toward a new era of government operations. This vision is centered on leveraging AI assistants to redefine public service deli»»»
CI Capital completes EGP 1.77bn securitisation issuance for Al Oula
CI Capital, one of Egypt’s leading diversified financial services groups, has successfully completed a securitised bond issuance worth EGP 1.77bn for El Taamir Securitization Company, backed by a receivables portfolio originated by Al Taamir for Leasing and Factoring (Al Oula). The transaction mark»»»
Trump calls for spy powers extension in fight over Pulte - UPI.com
Bill Pulte speaks to the press in January outside the West Wing of White House in Washington, D.C. President Donald Trump said on social media Wednesday that Pulte will take over as acting director of national intelligence on June 19. File Photo by Bonnie Cash/UPI | License Photo June 10 (UPI) -- P»»»
Platner wins Maine primary; Mace loses S.C. governor’s race - UPI.com
1 of 2 | Rep. Nancy Mace, R-S.C., failed to advance in the Republican primary for South Carolina governor on Tuesday, falling out of the top two vote-getters to state Attorney General Alan Wilson and President Donald Trump's choice Lt. Gov. Pamela Evette. File Photo by Bonnie Cash/UPI | License Pho»»»
Sidra Medicine achieves ANCC Pathway to Excellence designation with distinction
Sidra Medicine, a member of Qatar Foundation, has become the first hospital in Qatar to achieve the prestigious American Nurses Credentialing Center (ANCC) Pathway to Excellence designation with distinction. The globally recognised credential honours healthcare organisations committed to fostering »»»
May consumer rpices rose at annual rate of 4.2%, highest in three years - UPI.com
1 of 2 | People pump gas at a gas station in Washington, D.C., on May 30. Gas prices are up 50% since the war between the United States and Iran. High energy costs account for 60% of the increase in the consumer price index for all items in May, the Bureau of Labor Statistics reported Wednesday. Ph»»»
Sidra Medicine achieves ANCC Pathway to Excellence Designation with distinction
Doha, Qatar: Sidra Medicine, a member of Qatar Foundation, has become the first hospital in Qatar to achieve the prestigious American Nurses Credentialing Center (ANCC) Pathway to Excellence designation with distinction. The globally recognized credential honors healthcare organizations committed t»»»
Western Pre-Election Propaganda in Armenia Even Surpassed Its Efforts in Ukraine
Armenia’s parliamentary elections were marked by pressure on the opposition and a massive Western media campaign, political analyst and expert on regional security affairs Grant Melik-Shahnazaryan tells Sputnik. "During the election period, Armenia hosted a summit of the European Political Communit»»»
EGX Rebounds as Foreign Buying Reinforces Confidence in Egyptian Assets
Financial Shares Lead Recovery as Overseas Investors Return Amid Improving Liquidity Outlook Cairo — Egyptian equities rebounded on Tuesday as foreign and Arab investors returned to the market, reversing part of the previous session’s losses and reinforcing signs of improving confidence in Egyptian»»»
Saudi Economy Demonstrates Competitive Strength, Expands 3% in First Quarter
Saudi Arabia’s economy has once again demonstrated the strength of its fundamentals and its ability to withstand regional shocks, posting real GDP growth of 3 percent year-on-year in the first quarter of 2026, despite escalating tensions across the Middle East that have disrupted supply chains and »»»
NASA unveils Artemis III astronauts to test technology for a future moon landing
NEW YORK: NASA on Tuesday revealed the crew for its Artemis III mission, the next step in the space agency’s plan to eventually land astronauts on the moon. The announcement came two months after Artemis II’s record-breaking trip around the moon that surpassed the distance record of Apollo 13. NASA»»»
Ethiopia grants first foreign investment banking licence to Nigeria's United Capital
Nigeria's United Capital Plc (NGX: UCAP) has become the first foreign institution to receive an investment banking licence in Ethiopia, marking a significant step in the country's efforts to open and develop its nascent capital market. The Ethiopian Capital Market Authority (ECMA) granted the licen»»»
Anthropic just released its most powerful AI model yet
Dubai: Anthropic has released the most powerful artificial intelligence model in its history to the public, a significant step further intensifying race among AI developers to deliver increasingly capable systems while addressing mounting concerns over safety and misuse. The San Francisco-based com»»»
Saudi Arabia’s economy hits $1.31 trillion milestone
Dubai: Saudi Arabia’s economy reached a new milestone in 2025 as real gross domestic product expanded to $1.31 trillion, driven increasingly by non-oil sectors that now account for 55 per cent of economic output, according to the National Transformation Program (NTP) 2025 Annual Report. The report »»»
Why Anthropic has the edge over OpenAI in IPO race
BusinessNorth AmericaWhy Anthropic has the edge over OpenAI in IPO raceNicolas MartinThe rivalry between Sam Altman and Dario Amodei is entering a new phase. Both AI bosses are planning public listings and hope to use the money to outpace each other in the race to build superintelligent AI. https:/»»»
EGX Slips While Egypt’s Capital-Market Expansion Gains Pace
Cairo — Egyptian stocks retreated as investors locked in profits following recent gains, but market attention increasingly shifted toward a growing pipeline of listings, corporate restructuring plans and renewed Gulf financial support that could reshape Egypt’s capital markets over the coming year.»»»
Why Anthropic has edge over OpenAI in IPO race
BusinessNorth AmericaWhy Anthropic has edge over OpenAI in IPO raceNicolas MartinThe rivalry between Sam Altman and Dario Amodei is entering a new phase. Both AI bosses are planning public listings and hope to use the money to outpace each other in the race to build superintelligent AI. https://p.d»»»
OpenAI confidentially files for US IPO as AI boom drives investor frenzy
ChatGPT maker OpenAI has confidentially filed for a US initial public offering, the company said on Monday, joining rivals such as Anthropic in a race towards public markets amid surging investor interest in artificial intelligence. The firm did not disclose terms or timing. ChatGPT maker OpenAI co»»»
Emirates President Tim Clark has a warning for rivals moving in during the Middle East aviation crisis: “Be careful what you wish for”
Berlin: Emirates President Tim Clark said the airline will bounce back from the crisis engulfing carriers in the Middle East and that European airlines hoping to capitalise on the current weakness should watch their backs. Sign up for our daily business newsletter, Cheques & Balances.Speaking to jo»»»
Saudi capital market assets rise 18% to exceed $320bn in 2025
RIYADH: Saudi Arabia’s capital market assets under management surpassed SR1.2 trillion ($320 billion) in 2025, registering an 18 percent increase, according to official figures. The annual report released by the Kingdom’s Capital Market Authority showed that the growth was accompanied by a 53 perce»»»
Tech 24 - Washington, Brussels stake their claims on AI as trillion-dollar IPO wave begins
With SpaceX set to become the first AI-era giant to go public on Friday June 12, governments on both sides of the Atlantic are racing to define their relationship with the industry. Washington is in talks with OpenAI about a government equity stake, while Brussels has unveiled a new tech sovereignt»»»
OpenAI files for US IPO after Anthropic as AI giants head to public markets
ChatGPT-maker OpenAI confidentially filed for a US initial public offering on Monday, joining rival Anthropic in a push toward the stock market as investors seek exposure to the artificial intelligence boom. OpenAI did not disclose the size or terms of the offering, and said a timeline has not yet»»»
OpenAI files IPO paperwork, eyes stock market debut
BusinessUnited States of AmericaOpenAI files IPO paperwork, eyes stock market debutLouis Oelofse with AFP, AP, ReutersThe AI company behind ChatGPT said it had no date yet for a listing, but it is joining rival Anthropic in the lineup for the stock market. https://p.dw.com/p/5F2hrOpenAI CEO Sam Alt»»»
OpenAI files paperwork for initial public offering - UPI.com
OpenAI CEO Sam Altman and other leaders in artificial intelligence testify in May before the Senate Commerce, Science, and Transportation Committee on Capitol Hill in Washington, D.C. OpenAI filed confidentially for an initial public offering Monday. Photo by Anna Rose Layden/UPI | License Photo Ju»»»
Trump administration seeking to denaturalize 17 over offenses - UPI.com
Acting Attorney General Todd Blanche speaks during a House Appropriations Subcommittee on Commerce, Justice, Science, and Related Agencies oversight hearing on the Department of Justice in the Rayburn House Office Building near the U.S. Capitol in Washington, D.C., on Tuesday. Photo by Bonnie Cash/»»»