News

Iran's ambassador to the United Nations: The United States cannot use threats, intimidation or the use of force to get Iran to reach a sustainable agreement. Iran has never negotiated under threat and will never yield to pressure or coercion.

U.S. White House: The nomination of Brian Johnson to serve as director of the Consumer Financial Protection Bureau for a five-year term has been submitted to the Senate for consideration.

The Nasdaq's decline expanded to 2% in late trading, the Dow Jones Industrial Average fell 1.6%, and the S&P 500 Index fell 1.5%.

According to the Financial Times: The European Union plans to continue to provide free carbon emission quotas to companies in the 2040s, a move that will cancel the current 2039 deadline.

According to the Financial Times: The EU plans to provide related industries with protection from future carbon costs in the future, provided that these companies invest within the EU.

Sources: This meeting between the White House and defense companies is similar to the previous meeting in March. The participating companies include Lockheed Martin (LMT.N), Raytheon Technologies (RTX.N), Boeing (BA.N) and L3Harris.

According to NBC News: U.S. President Trump is expected to meet with defense industry executives this week to urge defense companies to increase production.

According to NBC News: U.S. President Trump is expected to meet with defense industry executives this week to urge defense companies to increase production.

Market News: A US B-52 strategic bomber has landed at Issa Air Base in Bahrain.

Serbian Energy Minister: Serbia has completed negotiations with the Hungarian Oil and Gas Group on the shareholder agreement of Serbian Petroleum Industry Company.

General Motors Co's (GM.N) battery chief Kurt Kelty said the company's future electric vehicle products may not use low-cost lithium iron phosphate batteries. The Tennessee plant will begin producing lithium iron phosphate batteries this month for use in energy storage systems, not for electric vehicles.

Oracle (ORCL.N) has won a U.S. government contract to provide human resources software to the government, the Trump administration said in a statement.

Alex Buzzari, chief executive of data hardware and software provider DDN, said the company plans to raise a new round of funding before the end of the year. DDN's partners include Nvidia, and its customers include Google and Salesforce.

Data from the U.S. Treasury Department show that the U.S. cumulative budget deficit so far in fiscal year 2026 is US$1.246 trillion, and the deficit in the same period of the previous fiscal year was US$1.364 trillion. U.S. customs net revenue in May was -$42 million.

The U.S. government budget in May was -$292.648 billion, compared with the expected -$275 billion, and the previous value of $215 billion.

The U.S. Department of Energy: is seeking exchange options for a total of up to 40 million barrels of crude oil from the Bryan Mound and Big Hill oil storage bases of the Strategic Petroleum Reserve.

According to the Wall Street Journal: The U.S. Attorney's Office for the District of Columbia has issued subpoenas to JPMorgan Chase (JPM.N), Bank of America (BAC.N) and other institutions as part of an investigation into alleged "de-banking" practices.

Market news: OpenAI partners with Visa (V.N) to allow artificial intelligence agents to shop online.

The Minister of Transport of the Flanders region in northern Belgium: Tesla's (TSLA.O) Fully Self-Driving (FSD) has been authorized in Belgium.

According to the British Financial Times: More and more oil tankers are turning off their ship tracking signals when passing through the Strait of Hormuz and conducting "secret voyages."