The upcoming launch of POSCO's $PKX POCO F7 in India signals a pivotal expansion effort by the Chinese smartphone manufacturer targeting budget-conscious consumers. This move is scheduled for June 24 and aims to captivate a market eagerly seeking devices that amalgamate speed, power, and efficiency without imposing a hefty price tag.

Shares of Hindustan Zinc Limited $HINDZINC.NS experienced a sharp decline of over 6% on Wednesday, following the strategic divestment by its promoter, Vedanta Limited $VEDL. The sale comprised approximately 66.7 million shares, equating to about 1.6% of Hindustan Zinc’s equity, executed through a block trade valued at INR 3,028 crore.

Global professional services firm Genpact $G is under scrutiny as employees in certain Indian locations, including Hyderabad, express discontent over a mandatory 10-hour workday policy. This internal mandate, which integrates a company dashboard to track "active hours", has sparked criticism concerning employee well-being while offering minimal added benefits.

On June 18, Xiaomi's $1810.HK Redmi brand introduced the Redmi Pad 2 to India's competitive tablet landscape. With its unique specifications, the Android device aims to strengthen Redmi's hold in a rapidly growing market. The launch underscores the brand's commitment to innovation and customer satisfaction, providing an attractive option for diverse users.

The recent performance of Bayer AG $BAYN.SW, a leading player in the pharmaceutical and chemical sectors, has been a striking focal point in global markets, with its stock experiencing a robust 40% increase after a prolonged period of decline. This revitalization positions Bayer prominently within the DAX, reflecting newfound investor confidence and the potential for sustained growth.

A U.S. Senate panel has proposed a significant amendment to the federal 45Q carbon capture tax credit, aiming to equalize incentives for carbon dioxide used in enhanced oil recovery (EOR) and permanent carbon sequestration. If enacted, the measure would raise the tax credit for EOR to $85 per metric ton, matching the credit already granted for geologic storage, and potentially shifting investment dynamics in the oil, gas, and carbon capture sectors.

Meta Platforms Inc. $META, the parent company of Facebook, has reportedly offered bonuses of up to $100 million to OpenAI employees, aiming to lure top engineering talent as part of an aggressive expansion of its artificial intelligence division. The revelation came directly from OpenAI CEO Sam Altman, highlighting the escalating competition among major tech firms to secure top minds in artificial intelligence and machine learning development.

Amid escalating trade-related headwinds, Hasbro Inc. $HAS —one of the world’s largest toy manufacturers—has announced a 3% reduction in its global workforce, equivalent to approximately 150 jobs. This move is part of a broader effort to counterbalance mounting operational costs and manage tariff impacts stemming from higher U.S. duties on toy imports from China.

Deutsche Pfandbriefbank AG $PBBGF, a key player in European real estate finance, announced on Wednesday that it is withdrawing its full-year 2025 guidance. The decision follows extraordinary expenses tied to exiting the U.S. commercial real estate market, marking a pivotal moment in the bank’s long-term strategic overhaul.

Several Chinese cities, including Zhengzhou, Luoyang, Shenyang, and Chongqing, have suspended government-backed car trade-in subsidies in June 2025, citing either funding exhaustion or budgetary reassessments. The decision comes as Beijing’s stimulus efforts in the automotive sector—central to reviving domestic consumption and manufacturing activity—face structural and fiscal limitations.

Cirsa, the Spain-based gaming and casino company owned by private equity firm Blackstone Inc. $BX, has officially announced its intention to launch an initial public offering (IPO) on the Madrid Stock Exchange later this year. The move is designed to raise up to €460 million ($529 million) through a combination of newly issued shares and a secondary offering.

The People’s Bank of China (PBoC) has intensified its push to globalize the digital yuan (e-CNY), signaling broader ambitions to challenge the dominance of the U.S. dollar (USD) and promote a multipolar global currency system. At the Lujiazui Forum held in Shanghai, PBoC Governor Pan Gongsheng revealed plans to establish an international operations center for e-CNY in Shanghai, underscoring China's long-term strategy to reposition the yuan (CNY) on the international financial stage.