Morgan Stanley Names BAE Systems Top European Defence Stock Despite Lower Price Target 
Trump Urges Gasoline Retailers to Cut Prices to $2.50 Per Gallon, Warns of Legal Action 
Nomura Stock Upgraded to Buy by BofA as Stronger ROE and Earnings Growth Boost Outlook 
Gold Price Falls as Fed Rate Hike Fears and U.S.-Iran Tensions Weigh on Bullion 
Apple Challenges India Antitrust Probe, Says CCI Copied Rivals’ Claims in App Store Case 
Columbia Student Mahmoud Khalil Fights Arrest as Deportation Case Moves to New Jersey 
China Factory PMI Seen Returning to Growth in June as AI Export Demand Supports Economy 
The ghost of Robodebt – Federal Court rules billions of dollars in welfare debts must be recalculated 
Central Banks Eye Gold, Reduce Dollar Exposure as AI Adoption Accelerates: OMFIF Survey 
Asian Currencies Stay Range-Bound as Investors Eye China Data, RBNZ Outlook and U.S.-Iran Ceasefire 
Buffett Delays Gates Foundation Donation Pending Epstein Ties Review 
China Expands Export Controls, Adds 20 Japanese Companies to Restricted List 
Europe Heatwave Creates Growth Opportunity for Carrier, Trane, and Johnson Controls, Citi Says 
The American mass exodus to Canada amid Trump 2.0 has yet to materialize 
Samsung, SK Hynix to Unveil $1.3 Trillion AI and Semiconductor Investment Plan 
Lenovo Shares Slide as AI-Driven Memory Demand Signals Higher DRAM and NAND Prices 
Reliance Retail has acquired V Retail to expand its product offerings and strengthen its position in the footwear and apparel market.
V Retail is one of South India’s major retail, distribution, and franchising firms, delivering lifestyle products in a variety of areas and at a variety of pricing. It has 32 Centro stores across India, including in Andhra Pradesh, Telangana, and Karnataka.
Last year, Reliance Retail acquired outright Metro Cash & Carry India, a wholly owned subsidiary of German retail company Metro AG, for $344 million.
Reliance Retail also launched a new fashion and leisure department store concept called ‘Reliance Centro’, targeting mid-high income customers and democratizing fashion in India.
