Tuesday, June 2, 2026

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Motorhome bought by Murrell with stolen SNP money was driven only 4 miles, court toldWhy Putin and Trump Should Both Want Quick Peace DealsCalifornians head to the polls as governor primary goes down to the wire – US politics live
South Africa Beats Primary Budget Surplus Goal, Stabilizes Debt

South Africa Beats Primary Budget Surplus Goal, Stabilizes Debt

South Africa posted a third consecutive primary budget surplus, underscoring the government’s commitment to repairing…

BOE Asset Sales Drive Up UK Borrowing Costs, Staff Paper Finds

BOE Asset Sales Drive Up UK Borrowing Costs, Staff Paper Finds

Bank of England asset sales have driven up UK borrowing costs by almost half a…

Will the AI economy create a permanent underclass?

Will the AI economy create a permanent underclass?

From India and Africa to Europe, countries not yet in the AI supply chain risk mass job losses, losing the…

Nvidia CEO Gives India Tech Bulls New Ammunition

Nvidia CEO Gives India Tech Bulls New Ammunition

Huang dismisses fears that AI will decimate the software industry.

Bloomberg June 2, 2026
Palo Alto CEO’s Pay, Now Nearly $100 Million, Is Most Rejected in Corporate America

Palo Alto CEO’s Pay, Now Nearly $100 Million, Is Most Rejected in Corporate America

A majority of Palo Alto Networks investors have voted against the cybersecurity company’s executive pay seven…

Bloomberg June 2, 2026
SNB Has No Exchange Rate Target for Franc, Schlegel Says

SNB Has No Exchange Rate Target for Franc, Schlegel Says

The Swiss National Bank doesn’t target a specific exchange rate, President Martin Schlegel said, repeating…

Bloomberg June 2, 2026
What Trump Delivered for Amazon

What Trump Delivered for Amazon

The feds were pushing a landmark case about Amazon’s control of its contract drivers. Then the president put Amazon’s former lawyer in charge.

Bloomberg June 2, 2026
South Africa’s Kganyago Vows to Get Inflation Back to 3%

South Africa’s Kganyago Vows to Get Inflation Back to 3%

South African central bank Governor Lesetja Kganyago promised that officials will lower the inflation rate back to its 3% target despite headwinds from the Iran…

Bloomberg June 2, 2026
Euro-Zone Inflation Surpasses 3% for First Time Since 2023

Euro-Zone Inflation Surpasses 3% for First Time Since 2023

Euro-area inflation topped 3% for the first time in more than 2 1/2 years, cementing expectations for an interest-rate hike when the European Central Bank…

Bloomberg June 2, 2026
Fed Warned on Shrinking Balance Sheet in Lookback at Powell Era

Fed Warned on Shrinking Balance Sheet in Lookback at Powell Era

The Federal Reserve should avoid any move to significantly shrink its balance sheet, two prominent economists warned Tuesday — arguing against a strategy that the…

Bloomberg June 2, 2026
Incoming Tepco Chair Open to Alliance Partners Outside of Japan

Incoming Tepco Chair Open to Alliance Partners Outside of Japan

The incoming chairman of Tokyo Electric Power Co. said he is open to forming alliances with companies outside of Japan as the nation’s largest utility…

Bloomberg June 2, 2026
Alphabet to raise $80bn from share sales to fund AI spending splurge – business live

Alphabet to raise $80bn from share sales to fund AI spending splurge – business live

Rolling coverage of the latest economic and financial newsAnthropic confidentially files for initial public offering on US stock marketShares in Alphabet have dipped in pre-market…

The Guardian June 2, 2026