Canadian restaurant franchisor Foodtastic has acquired Kinton Ramen. The acquisition includes 58 locations across Canada and the United States. Foodtastic plans to support the brand's growth without changing its menu or identity.

PolicyMe becomes the first Canadian platform to evaluate all life insurance applicants in a single real-time session. The platform uses an engine with over 1,000 underwriting rules to match applicants to the best-priced coverage. Partnership with Securian Canada enables a new guaranteed issue product for those who do not qualify for fully underwritten coverage.

Next Hydrogen Solutions Inc. held its annual general meeting of shareholders on June 15, 2026. All matters presented for approval were authorized by shareholders. The company elected nine directors and appointed MNP LLP as auditors.

Aya Gold & Silver Inc. will be added to the VanEck Gold Miners ETF (GDX) effective June 19, 2026. The inclusion follows the ETF's recent quarterly rebalance. The company views this as a milestone reflecting its growth and asset quality.

Troilus Mining Corp. announced results from the Connector Zone at its Troilus Project in Quebec. Drilling targeted inferred mineralization to support mine plan optimization. Results demonstrate high-grade mineralization continuity, potentially improving future project economics.

NexGold Mining Corp. signed a Memorandum of Understanding (MOU) with Eagle Lake First Nation and Lac Seul First Nation. The MOU establishes a framework for collaboration regarding the Goliath Gold Complex in Ontario. The agreement covers environmental stewardship, community engagement, and potential future economic benefits.

The Japan Fair Trade Commission searched six major ice cream manufacturers. Companies are suspected of colluding to raise suggested retail prices. This is the first such investigation into the ice cream industry in Japan.

The NECEC transmission line from Canada to Maine has experienced intermittent outages. Early data suggests the project has not significantly increased net renewable energy flows to New England. Drought conditions in Quebec have limited hydropower exports.

Vikram Solar is advancing the first phase of a 12 GW solar cell facility, targeting 9 GW by December 2026. The company is expanding module capacity from 9.5 GW to 15.5 GW by Q1 2027. The expansion aligns with India's ALMM List-II requirements effective June 1, 2026.

Norinco displayed a miniature drone assembly line at the Eurosatory exhibition in Paris. The model demonstrated the production of BZK-005E reconnaissance drones. The display featured a banner reading 'Norinco defence localisation', suggesting a push for overseas production.

Norinco showcased its air defense systems at the Eurosatory exhibition in Paris. Systems on display include the GAS9 (Sky Dragon 100) and GAS8 (Yitian II) surface-to-air missiles. The SA2/LD76 anti-aircraft gun system was also presented to counter drone swarms and cruise missiles.

The CRTC is investigating Bell and Telus for introducing new fees that appear to violate federal rules banning activation and cancellation charges. Bell introduced a $40 device handling charge, while Telus implemented a $15 SIM card fee. The regulator has demanded both companies confirm by June 17 whether they have ceased these charges.

Rogers CEO Tony Staffieri testified before a Commons committee regarding customer complaints about mid-contract price increases. MPs questioned the transparency of contracts that allow for fee hikes on base services or add-ons. The CRTC has launched public consultations to examine clauses that permit telcos to increase prices during a contract term.

ST Telemedia Global Data Centres (STT GDC) launched a 30MW data centre in Seoul, South Korea. The facility is a joint venture between STT GDC (60%) and Hyosung Heavy Industries (40%). The site targets AI and cloud infrastructure demand in North-east Asia.

The world's 500 richest people added $336 billion to their fortunes on June 15. Elon Musk's net worth rose by $164 billion following a surge in SpaceX's market value. The rally was driven by market optimism following the US-Iran interim deal.

Mining accidents in China and export policy changes in Indonesia are tightening global coal supplies. The US-Iran war has disrupted shipping in the Strait of Hormuz, impacting energy markets. Asia-Pacific coal consumption is expected to rise by 70 million tonnes in 2026 due to the conflict.

Isar Aerospace postponed the 'Onward and Upward' mission scheduled for June 15. The delay was caused by technical issues in the fluid systems. This marks the fourth postponement for the Spectrum rocket.

Chinese energy companies are reporting strong profit guidance for the first half of the year. The growth is attributed to rising oil prices caused by the conflict in the Middle East. Eve Energy expects net profit to increase by 95% to 110%.

Retailer Lincraft is closing its physical store network across Australia and New Zealand to shift to an online-only model. Approximately 300 staff will be affected by the closures.

The Nikkei Stock Average exceeded 70,000 yen during trading on the 16th. The rise was supported by the Bank of Japan's interest rate hike, which was in line with market expectations.

BAE Systems is investing €50m into European defence VC funds, specifically Lakestar and Expeditions. The investment aims to support defence startups and accelerate the integration of new technologies into larger programmes.

ASML CEO indicates interest in pursuing more partnerships with startups similar to the deal with French AI firm Mistral. The company is actively looking for opportunities to collaborate with innovative tech firms.

Venezuela has signed a deal with General Electric Vernova to boost electricity generation. The agreement aims to add 5 gigawatts of capacity over four years to address chronic power outages.

Tesla and BYD lead the ICCT's 2025 Global Automaker Rating. Legacy automakers in the US and Japan are falling behind due to downward revisions in EV targets. Chinese manufacturers like SAIC and Geely are outperforming electrification targets.

US and Iran are expected to sign an interim peace agreement on June 19. The Commerce Department restricted access to Anthropic's AI models. Kevin Warsh is set to chair his first FOMC meeting.

Biocon Executive Chairperson Kiran Mazumdar-Shaw stated the company aims to be the world's number one insulin supplier in five years. The company is capitalizing on Big Pharma's shift toward GLP-1 weight-loss drugs. Biocon is currently the third-largest insulin supplier globally.

Australian Development Investments (ADI) committed up to $8 million to TVM Capital Healthcare's Southeast Asia Fund. The investment aims to expand access to affordable healthcare and advance women's leadership. TVM Capital Healthcare focuses on emerging markets in Southeast Asia and the Middle East.

The Bank of Japan raised its policy rate to approximately 0.75 percent from 0.5 percent. The decision reflects confidence in achieving wage growth and inflation targets.

Renewable energy growth in Spain has decoupled electricity prices from gas market fluctuations. Gas-fired plants set marginal electricity prices only 9% of the time in early 2026, down from 52% in 2021. Battery energy storage capacity quadrupled in 2025 and is expected to do so again in 2026.

Rheem introduced the RP17AY heat pump for residential use. The unit is designed for universal compatibility with existing HVAC systems to simplify retrofitting. It uses R-454B refrigerant and features inverter-driven technology for efficiency.

Principality Stadium in Cardiff installed a 1.5 MW solar array with 3,296 panels. Ascot Racecourse installed a 608 kW solar array on its grandstand roof. Both projects aim to enhance sustainability and reduce operational emissions at major UK sports venues.

Tata Motors anticipates industry-leading growth in FY27 driven by new vehicle launches. The company maintains its commitment to Net Zero by 2040.

Adani Ports is deploying AI-powered systems to enhance container terminal efficiency. The initiative aims to increase cargo handling capacity to one billion tonnes annually by 2030.

Fujitsu Chairman Hidenori Furuta resigned on June 16, 2026, following reports of inappropriate conduct. The company has withdrawn his candidacy for non-executive director.

US public debt has reached 103% of GDP, the highest level since 1945. Rising bond yields and persistent deficits are challenging the Federal Reserve's ability to manage debt through financial repression.

Mitsui OSK Lines CEO Jotaro Tamura stated that shipping will not resume through the Strait of Hormuz until the US-Iran deal is proven material. The company expects it may take weeks for the situation to stabilize.

The Reserve Bank of Australia (RBA) kept the cash rate at 4.35% on June 16, 2026. The bank warned of potential future hikes if inflation remains high.

World Gold Council survey indicates central banks plan to increase gold reserves over the next five years. Dollar holdings are expected to decline as institutions diversify their reserve assets.

Xbox studios Compulsion, Double Fine, and Ninja Theory are reportedly in talks to spin off to avoid closure. Microsoft is undergoing a major restructuring under new leadership to improve margins.

Disney pledges to expand the Shanghai theme park following its 10th anniversary. The park faces challenges from growing competition and sluggish consumer demand.

Bangladesh earmarks 400 billion taka ($3.2 billion) in the upcoming budget to stabilize the banking sector. The move aims to prevent a financial crisis amid governance failures and high nonperforming loans.

Stellantis aims to revive the classic '2CV' model as an affordable electric vehicle priced at 15,000 euros. The project leverages the EU's new 'M1E' vehicle class, designed to incentivize small electric cars. The initiative serves as a strategic response to competition from Chinese manufacturers.

Capri-Sun's petition to return to plastic straws failed to reach the target of one million signatures. The company argues that paper straws are inferior and that plastic straws would allow for better recycling of the entire pouch. Environmental groups strongly criticize the company's efforts as regressive.

Founders of Corgi Insurance and Linear debate the merits of 'grind culture' versus sustainable work. Gigaton CEO discusses the company's intense culture in the context of urgent climate goals.

BayWa r.e. highlights revenue uncertainty and regulatory instability as barriers to energy storage investment.

The EU's Carbon Border Adjustment Mechanism (CBAM) has entered its implementation phase. Chinese firms are facing significant compliance burdens and red tape. Small producers are struggling to track carbon intensity data required for customs clearance.

Lambs Pharmacy on Karangahape Rd is set to close its post office service this Thursday. NZ Post selected the location for closure due to lower customer usage. Owner Suresh Rama and local supporters argue the closure ignores future growth from the City Rail Link.

High-profile psychologist Karen Nimmo has stopped individual client sessions. The Psychologist Board imposed a condition requiring her to work under supervision. A complaint from a former patient is currently under review by the Professional Conduct Committee.