SpaceX Begins IPO Preparations as Wall Street Banks Line Up for Advisory Roles 
Wall Street Futures Slip as Tech Stocks Struggle Ahead of Key US Economic Data 
Gold and Silver Prices Dip as Markets Await Key U.S. Economic Data 
U.S. Dollar Slips Near Two-Month Low as Markets Await Key Jobs Data and Central Bank Decisions 
Japan Business Sentiment Hits Four-Year High, Boosting Expectations of BOJ Rate Hike 
Biren Technology Targets Hong Kong IPO to Raise $300 Million Amid China’s AI Chip Push 
China’s Small Bank Consolidation Struggles as Profits Fall and Risks Persist 
S&P 500 Slides as AI Chip Stocks Tumble, Cooling Tech Rally 
Trello Outage Disrupts Users as Access Issues Hit Atlassian’s Work Management Platform 
SpaceX Insider Share Sale Values Company Near $800 Billion Amid IPO Speculation 
Azul Airlines Wins Court Approval for $2 Billion Debt Restructuring and New Capital Raise 
Oil Prices Rebound as U.S.-Venezuela Tensions Offset Oversupply Concerns 
Gold Prices Slip Slightly in Asia as Silver Nears Record Highs on Dovish Fed Outlook 
Bank of Korea Downplays Liquidity’s Role in Weak Won and Housing Price Surge 
Oil Prices Slip in Asia as 2026 Supply Glut Fears and Russia-Ukraine Talks Weigh on Markets 
CMOC to Acquire Equinox Gold’s Brazilian Mines in $1 Billion Deal to Expand Precious Metals Portfolio 
Strategy Retains Nasdaq 100 Spot Amid Growing Scrutiny of Bitcoin Treasury Model 
President Vladimir Putin signed a new law decreeing that only Russian-made sparkling wine made can be labeled as Champagne in Russia.
Imports from France must now bear the words "sparkling wine."
Consequently, Moët Hennessy threatened to stop sending their bubbly to Russia before changing their minds and agreeing to ship their bottles with "sparkling wine" labels.
Moët Hennessy now says it would respect laws in place wherever they operate and would restart deliveries as soon as it can make the label changes.
It is hoping to maintain its 1 million liter share of the 6.5 million liters of actual Champagne imported every year.
However, the Comité Champagne, which promotes the interests of Champagne worldwide, wasn't happy with the law.
It emphasized that not only was Russia coopting the "Champagne" label for their use, but also stripping it from products originating from the area called Champagne.
Maxime Toubart and Jean-Marie Barillère, co-presidents of the organization, said that stated it is scandalous for Russia to deprive the people of Champagne the right to use their name.
They added that the name Champagne is protected in over 120 countries.
Media speculation is that Russia is eyeing to boost the wine industry in Crimea, which is known for its sparkling wine.
French newspaper Le Monde suggested that Russia's move could be both personally and financially motivated as billionaire Yuri Kovalchuk, a close Putin associate, owns wineries in the region.
