On Wednesday, the financial markets displayed a lack of cohesive direction as global equities surged to record highs, while Wall Street closed with mixed results. Simultaneously, yields on US Treasury bonds declined, reflecting investor caution. These developments unfolded against a backdrop of contradictory US economic data and ongoing uncertainty surrounding global trade negotiations.
The Dutch car-sharing company MyWheels is set to deploy the first of 500 Renault electric vehicles (EVs) equipped with vehicle-to-grid (V2G) technology this week, marking a significant advancement in sustainable transport and energy integration in the Netherlands. V2G enables EVs not only to consume energy but also to feed electricity back into the grid during peak demand periods, thus contributing to grid stability and efficiency.
On June 3, 2025, Brazil's Administrative Council for Economic Defense (CADE) granted unconditional approval to the long-anticipated merger between two of the country’s largest pet retail chains, Petz $PETZ3.SA and privately-held Cobasi. The clearance removes the final regulatory barrier to the proposed cash-and-stock merger, initially announced in April 2024.
