Today: 11 June 2026
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LSE:QQ 17 September 2025 - 19 January 2026

Chemring share price slips as Trump tariff threat jars London — what CHG investors watch next

Chemring share price slips as Trump tariff threat jars London — what CHG investors watch next

Chemring shares slipped 0.2% to 545 pence in mid-session trading Monday, underperforming as London equities fell after U.S. President Donald Trump threatened new tariffs on Britain and seven other European countries. The FTSE 100 lost 0.6%, while the UK aerospace and defence sector edged up 0.4%. Chemring traded about 672,000 shares. Investors await the Feb. 1 tariff start and Chemring’s annual meeting on Feb. 20.
19 January 2026
Belgium’s Space Boom: From Small Nation to Satellite Powerhouse

Belgium’s Space Boom: From Small Nation to Satellite Powerhouse

Belgium contributed €296 million to the European Space Agency in 2024, ranking fifth among member states. The Belgian space sector employs about 6,500 people and includes over 400 organizations involved in ESA contracts. Major firms such as Thales Alenia Space Belgium and SABCA supply key components for European rockets and satellites. In 2024, Belgium signed the Artemis Accords and saw ESA select Raphaël Liégeois as its third astronaut.

Stock Market Today

  • SpaceX's $1.77 Trillion IPO Sparks Wall Street Debate Over Valuation and Musk's Ambitions
    June 11, 2026, 9:36 AM EDT. SpaceX is set to launch its record $1.77 trillion initial public offering (IPO) on June 12, aiming to raise $75 billion by selling shares at $135 each under the ticker SPCX. The offering reflects robust investor interest in AI and high-growth tech firms but faces scrutiny over its lofty valuation, trading at about 94 times trailing sales despite a $4.94 billion loss on $18.67 billion revenue in 2025. Analysts remain divided: some view it as a speculative leap, while others see potential for a Musk-led conglomerate merger with Tesla, leveraging SpaceX's AI computing infrastructure and its $920 million monthly Google deal. The IPO is reportedly oversubscribed, signaling possible volatile trading on debut.

Latest articles

Alibaba Drops After Beijing Puts 618 Subsidies in the Spotlight

Alibaba Drops After Beijing Puts 618 Subsidies in the Spotlight

11 June 2026
Alibaba’s Hong Kong shares plunged 5.4% after Beijing regulators challenged Taobao and Tmall’s 6.18 shopping festival discount claims, intensifying regulatory risk just as U.S.-listed shares had fallen for six straight sessions and raising investor concerns over profit margins and future promotions.
Grab Shares Trade Near 52-Week Lows With Eyes on Taiwan Foodpanda Deal

Grab Shares Trade Near 52-Week Lows With Eyes on Taiwan Foodpanda Deal

11 June 2026
Grab shares hovered at $3.27, just above their 52-week low, as investors await regulatory approval for its $600 million foodpanda Taiwan deal—a move expected to add $60 million in adjusted EBITDA by 2028 but still shadowed by execution and regulatory risks despite strong Q1 growth.
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