Jon Cuthbert

Iran's Islamic Revolutionary Guard Corps (IRGC) Navy, alongside the Persian Gulf Strait Authority, announced on 25 June that all foreign vessels must now follow specific navigation routes designated by Tehran when passing through the Strait of Hormuz.

Giovani Lo Celso's curling left-footed free-kick in the 19th minute gave Argentina a 1-0 victory over Jordan in their 2026 FIFA World Cup Group J clash.

• BlackBerry reported Q1 FY2027 revenue of $152.9 million, up 26% year over year, with adjusted EBITDA of $36.3 million and GAAP operating income of $15.3 million.
• The comparison group shows a wide revenue gap, from Cerence’s $64.2 million quarterly revenue to Palo Alto Networks’ $3 billion quarterly revenue.
• The main sector test is whether AI security, connected-vehicle software, and government communications can keep growing while margins stay under control.

• The federal government has secured the passage of its first budget tax reform tranche by forming a Senate alliance with the Australian Greens.
• The structural compromise removes a 50% capital gains tax discount, introduces cost base indexation, and applies a 30% minimum capital gains tax from July 1, 2027.
• A strict ban on self-managed super funds borrowing for residential property shifts structural momentum towards major commercial builders of new housing supply.

Switzerland's pharmaceutical sector is facing the prospect of a US trade investigation, with Interpharma — the Swiss pharmaceutical industry body — warning on 26 June that the country could be targeted over its drug pricing and reimbursement practices.

Locafy (NASDAQ:LCFY) reported total operating revenue of AUD 3.1 million for the nine months ended March 31, 2026, representing 31% growth year over year.

PowerBank (NASDAQ:PBK) announced that its US subsidiary, Abundant Solar Power, has been awarded a contract by the United States Department of Defense and the Department of the Army to construct a photovoltaic array, electric vehicle chargers, and associated infrastructure at the Armed Forces Reserve Center in Farmingdale, New York.

Daiichi Sankyo and AstraZeneca (NYSE:AZN) announced that the Committee for Medicinal Products for Human Use (CHMP) of the European Medicines Agency has adopted a positive opinion recommending marketing authorization for Datroway (datopotamab deruxtecan) as monotherapy for the first-line treatment of adult patients with unresectable or metastatic triple-negative breast cancer who are not candidates for PD-1/PD-L1 inhibitor therapy.

Italy’s antitrust authority said it has opened an investigation into Microsoft (NASDAQ:MSFT) over alleged unfair commercial practices linked to price changes in Microsoft 365 subscriptions.

Bitcoin (CRYPTO:BTC) and Ether (CRYPTO:ETH) are facing the expiry of about US$11 billion in options contracts.