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Bain Capital enters bidding war for Australia’s oOh!media after rival offers

by lisa@patrickmarketingny.com | Jun 9, 2026 | Business News

  June 9 (Reuters) – Australian advertising firm oOh!media said on Tuesday it had received indicative takeover offers from Bain Capital and other financial sponsors, triggering a three-way bidding war with I Squared Capital and Pacific Equity Partners. Here are a few...

China’s May trade data beat forecasts as exporters rush orders, ride AI wave

by lisa@patrickmarketingny.com | Jun 8, 2026 | Business News

  BEIJING, June 9 (Reuters) – China’s exports picked up pace in May, as earlier front-loading by overseas buyers to pre-empt Gulf war energy costs fed through to shipments, while steady appetite for semiconductors and AI hardware lent additional support. Exports...

Dollar hovers around two-month high as Iran-Israel truce hangs in balance

by lisa@patrickmarketingny.com | Jun 8, 2026 | Business News

  By Jiaxing Li HONG KONG, June 9 (Reuters) – The U.S. dollar held near a two-month high on Tuesday, firming against most major peers as Middle East uncertainty curbed risk appetite and traders ramped up bets on a Federal Reserve rate hike later this year. Iran and...

Oil rises slightly as investors await clarity after Iran-Israel halt attacks

by lisa@patrickmarketingny.com | Jun 8, 2026 | Business News

  By Pooja Menon June 9 (Reuters) – Oil prices inched up in early trade on Tuesday after Iran and Israel left the door open to a possible resumption of attacks on each other, though they had called a halt to hostilities following an appeal from U.S. President Donald...

Federal judge strikes down Trump’s $100,000 fee on new H-1B visas

by lisa@patrickmarketingny.com | Jun 8, 2026 | Business News

  BOSTON (AP) — A federal judge on Monday struck down the Trump administration’s $100,000 fee on new H-1B visas, contradicting an earlier federal court ruling upholding the fee hike. The administration announced the much-higher fee as a way of preventing foreign...

US carriers spent $6.5B on fuel in April; global profit forecast is cut nearly in half

by lisa@patrickmarketingny.com | Jun 8, 2026 | Business News

  U.S. airlines spent more than $6 billion on jet fuel in April, up 78% from a year earlier despite using slightly less fuel, government data released Monday showed. Meanwhile, the airline industry’s top global trade group warned that soaring energy costs could nearly...
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  • Christian leaders in Lebanese city of Tyre call for quick international action after Israeli warning
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  • Afghan protesters injured during demonstration against Taliban-imposed dress code for women
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