timef 06/16/2025

Global equity markets rose on Monday as fighting in the Middle East escalated.

Meta's plans to make WhatsApp a big business involve online ads, marking a major change for the communications app whose previous owners shunned advertising.

The Trump Organization unveiled a mobile phone plan and a $499 smartphone that is set to launch in September.

Israel condemned what it called an "unprecedented" move allegedly ordered by the French government.

The issue of trade tariffs for all G7 members remains a source of deep tension between allies and the U.S.

Investors have been weighing the odds of further escalation in the conflict and spillover into the broader oil-rich Middle East.

"Relationships are built on economic ties in Southeast Asia, more than anything else," Teneo's Bob Herrera-Lim said.

Kering shares soared in early trade as investors and analysts cheered reports that industry outsider Luca de Meo was set to become group CEO.

U.S. futures ticked up on Monday, while gold prices dipped. Those moves suggest investors are operating with a cooler head now after the initial panic.

U.K. Chancellor Rachel Reeves pledged last year that the government would not conduct another tax raid. She might not have any other option.

Taiwan has added China's Huawei and SMIC to its trade blacklist in a move that further aligns it with U.S. trade policy and comes amid tensions with Beijing.

"Never try and predict what the price of oil is going to be, because there's one sure thing: You're going to be wrong," says Baker Hughes CEO Lorenzo Simonelli.

The move marks the biggest intraday jump in Santos' shares since April 2020.

Sluggish domestic demand has been a pressing issue for Chinese policymakers.

The markets have mostly shrugged off Russia's invasion of Ukraine and the Israel-Hamas war. But Israel's conflict with Iran is still in its early days.

China's consumer spending shows little sign of picking up soon, given uncertainty about future wealth, changing preferences and lack of a social safety net.

Israel hit two natural gas processing facilities in Iran as well as an oil depot.

The trade event is a big draw for the industry every year, as Boeing, Airbus and other aerospace giants host parties, sign deals and show off new aircraft.

Several flights diverted after Israel's Iran strikes early Friday while Delta and United canceled their service to Tel Aviv.

The Iron Dome is designed to protect Israeli citizens by launching guided missiles to intercept incoming rockets and other short-range threats in mid-air.