SpaceX blocks China and Hong Kong investors from landmark IPO
SpaceX has barred investors from mainland China and Hong Kong from taking part in its public offering, a rare country-level restriction in a major share sale. The move affects a wide range of potential buyers, including mutual funds, private equity firms, sovereign funds, family offices and high-net-worth individuals from the two jurisdictions. The company is going public on Friday, and the exclusion has drawn attention because of the scale of the offering and the sensitivity of the sectors involved.The restriction was reported to have taken effect quickly after first being disclosed last week. People in Hong Kong or mainland China... [Continue Reading]
360LiveNews | 12 Jun 2026 13:37 LONDON
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France and Germany terminate FCAS fighter jet project after leadership dispute
France and Germany have terminated their joint Future Combat Air System programme after failing to resolve a dispute over leadership and control. The decision is a major setback for one of Europe's most ambitious defence-industrial projects and comes as European governments face renewed pressure to strengthen their own military capabilities. The French presidential office confirmed on Monday that the project was being terminated, ending a plan that had been intended to deliver a sixth-generation fighter jet and related systems.The FCAS project was launched in 2017 and later brought in Spain, with the aim of replacing France's Rafale jets and the... [Continue Reading]
360LiveNews | 08 Jun 2026 22:31 LONDON
Iran says it launched Operation Nasr and struck Israeli air bases
Iran says it has launched Operation Nasr and targeted two Israeli air bases in a fresh exchange of fire with Israel. The Iranian Revolutionary Guard Corps said the operation hit the Nevatim and Tel Nof air bases, describing the strikes as retaliation for Israeli attacks on radar sites in three areas of Iran. The latest round of strikes marks another sharp escalation in the conflict and follows a fragile ceasefire that had been in place since April.According to the supplied material, the IRGC Aerospace Force said it carried out the missile fire and framed the operation as a response to... [Continue Reading]
360LiveNews | 08 Jun 2026 10:59 LONDON
