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Broadcom reported fiscal second-quarter revenue of $22.187bn on 3 June 2026 and guided third-quarter revenue to about $29.4bn, but its shares fell the next day as investors compared the company's AI figures with high expectations for future growth.
India's Securities and Exchange Board issued an interim order on 3 June alleging that Rajesh Exports prima facie misrepresented subsidiary revenue. SEBI put the disputed amount at about INR 15,15,385 crore. The period covered FY2020-21 to FY2024-25.
UK Business Secretary Peter Kyle is due to raise European Union steel import quotas with EU trade commissioner Maros Sefcovic in Brussels on Friday, after both sides set out tighter quota-and-tariff regimes due to apply from 1 July.
Paramount Skydance has asked the European Commission to approve its acquisition of Warner Bros. Discovery, according to a Commission filing reported by Reuters on Tuesday, putting a 7 July deadline on the first phase of the European Union's merger review.
Anthropic confidentially submitted a draft registration statement on Form S-1 to the US Securities and Exchange Commission on Monday for a proposed initial public offering of common stock, the company said in a 1 June announcement that the Associated Press also reported the same day.
BP removed Albert Manifold as chair with immediate effect on Tuesday, 26 May 2026, after the board said it had serious concerns about governance standards, oversight and conduct, and appointed non-executive director Ian Tyler as interim chair.
CopperPoint Insurance Company signed a definitive agreement on 18 May to acquire General Indemnity Group from Boston Omaha Corporation in an all-cash transaction, expanding the Phoenix-based insurer into contract and commercial surety on a national basis. [1][2][3]