Tokyo is seeking an extension on a US Treasury exemption for the Sakhalin 2 energy project as Middle East shipments plummet due to Hormuz blockade.
Category: Business
SoFi Stadium workers narrowly avoid World Cup strike
Over 2000 stadium employees reached an eleventh-hour agreement on wages and safety narrowly avoiding a strike days before the tournament kickoff.
Amazon’s NLRB challenge to remain in Fifth Circuit
In a win for Amazon the Court of Appeals split 2-1 to keep the company’s legal challenge to a Staten Island union vote within the 5th Circuit.
House passes Faster Labor Contracts Act to impose faster timelines on first union contracts
The bill would force employers to begin collective bargaining within ten days of a successful union vote and reach a deal within 90 days.
Iran war anxiety sends global container shipping rates soaring
Ongoing exchange of military strikes near the Strait of Hormuz has triggered fears of major shipping disruptions driving freight rates up.
Ahmedabad plane crash: No pressure on families to accept final payout says Air India
Air India clarified that it is not pressuring the families of victims of the Ahmedabad crash to accept compensation packages offering assistance.
Top stock recommendations for June 10 2026: Bank of India Hindustan Zinc Union Bank of India
Technical analyst Mehul Kothari recommended buying Bank of India, Hindustan Zinc, and Union Bank of India citing positive chart structures.
Airlines Resume Middle East Flights Cautiously
Non-Gulf carriers continue to divert Europe-Asia routes to avoid conflict
Houthi Red Sea Threats Force Insurance Premiums Up
Commercial shipping continues to face massive logistical cost hurdles
Russian Cargo Traffic Prohibited to Crimea
Military command shuts down main highway due to Ukrainian strikes