Indonesian coal miner Ithaca Resources has agreed to purchase the assets of collapsed Queensland coal company Vitrinite for more than $200 million, including the Vulcan mine in the Bowen Basin. The deal comes four months after Vitrinite entered receivership owing $400 million and follows a broader trend of major miners divesting from coal.
Hostinger is offering significant discounts on its website building and hosting plans, including the Business, Premium, and Cloud Startup tiers. The company also provides AI tools for website design and email marketing, along with a student discount.
Patna High Court rules that a buyer who fails to perform obligations under a property sale agreement is entitled only to a reduced refund, deducting 10% as per the contract, and not to specific performance or full refund with compensation.
JPMorgan Chase and Goldman Sachs have restricted access to Anthropic's AI models in Hong Kong due to US export controls. This move could impact the city's financial sector competitiveness, potentially benefiting China's domestic AI industry.
President Trump stated he will take "what he has to do" if Iran violates their agreement, emphasizing that unfrozen funds should be used for US food purchases. Iran's central bank governor countered that there's no obligation for agricultural imports from the US.
Strategy raised $335.5M via stock sales, placing most proceeds into cash to support its preferred securities financing Bitcoin purchases. The move follows a sharp selloff in its STRC preferred shares, highlighting a shift in capital strategy.
Microsoft and Chevron will build a 2.67 GW natural gas power plant in West Texas to supply electricity for Microsoft's AI and cloud data centers under a 20-year agreement. This marks a significant step for Microsoft's sustainability goals.
Honduras plans to buy drones from Ukraine to enhance border security and combat drug trafficking, President Nasry Asfura announced. The technology, developed during Ukraine's war with Russia, could aid in monitoring remote areas and targeting criminal activity, a critical national security issue for Honduras.
Valve's TV-friendly gaming PC, the Steam Machine, will launch on June 29 with a reservation system starting at $1,049. The delay and high price are attributed to the AI boom's impact on storage and RAM costs, alongside global component shortages affecting the entire PC and console market.
Bangladesh plans to acquire 24 Chinese J-10CE fighter jets, valued at $40 million each, during PM Tarique Rahman's visit to China. The deal is part of broader cooperation in defense, infrastructure, and trade, with 17 documents expected to be signed.
The Senate is set to vote on the bipartisan ROAD to Housing Act, which aims to increase housing supply and limit private equity's influence by capping single-family home purchases by major investors. The bill, supported by both parties and President Trump, seeks to address the housing crisis ahead of the 2026 midterm elections.
Wealth management firms are increasingly focusing on ultra-high net worth individuals as technology, competition, and consolidation pressure fees. The number of wealthy households and their assets are soaring, making this demographic attractive despite increased competition and client confusion.
India is bolstering its oil reserves and diversifying import sources due to global trade disruptions and geopolitical tensions. State-owned refiners have secured two months of crude supply, increasing purchases from Russia, Brazil, and Venezuela, while also planning a new strategic reserve facility.
MI New York, led by Nicholas Pooran's unbeaten 68, defeated Texas Super Kings by eight wickets in MLC 2026. Trent Boult and Corbin Bosch starred with the ball, restricting Texas to 158 before Pooran guided the chase.
Gold Coast property developer David McWilliams faces 13 charges over an alleged $10 million fraud scheme targeting NDIS participants. ASIC alleges funds meant for specialist disability housing were used for personal expenses, including luxury assets and cryptocurrency.
Liam Paro reveals he slept in his car while pursuing his boxing career before his IBF welterweight title fight against Lewis Crocker in Brisbane. Paro aims to become a multiple-division world champion, following a path similar to Jeff Fenech.
South Africa chased down 159 to beat India by six wickets in the Women's T20 World Cup. Marizanne Kapp's 81 off 45 balls powered a record-breaking pursuit, keeping SA's semifinal hopes alive.
Lachlan Kennedy will compete in the 100m and 200m at the Glasgow Commonwealth Games. Despite missing the 200m at national championships, Kennedy added it after Gout Gout's withdrawal. Josh Azzopardi missed out on a solo debut despite strong performances.
Marizanne Kapp starred with bat and ball, taking 2/27 and scoring an unbeaten 81 off 45 balls to lead South Africa to a six-wicket victory over India in the Women's T20 World Cup. India posted 158/7, but Kapp's performance, aided by dropped catches, secured the win with five balls to spare.
Vaibhav Sooryavanshi smashed 94 off 29 balls, setting a List A record for fastest fifty in 11 deliveries, as India A defeated Sri Lanka A by 66 runs in the tri-series final. India A posted 377/9, with Sri Lanka A managing 311 in reply.
Vaibhav Sooryavanshi smashed 94 off 29 balls, a List A record, to guide India A to 377/9. India A then defeated Sri Lanka A by 66 runs in the tri-series final, restricting the hosts to 311 despite strong individual efforts.
South Africa Women are chasing a target against India, but the required run rate is climbing. Tazmin Brits is struggling to score quickly, and key batter Marizanne Kapp is trying to keep the chase alive with aggressive shots. South Africa is 59/2 at the halfway mark, needing 100 runs from 10 overs.
Australia secured a 3-0 T20I series sweep over Bangladesh with a 7-wicket win in the final match, chasing down 110 in 11 overs, led by Mitchell Marsh's 60 off 28 balls.
Mitchell Marsh and Josh Inglis provided a strong opening partnership for Australia in their chase, scoring freely against Bangladesh's bowlers. Marsh and Inglis hit multiple boundaries, putting Australia in a commanding position early in the innings.
