FTSE Russell will lower the minimum free-float requirement for all companies in the FTSE UK Index Series to 10% from June 2026, aligning it with the London Stock Exchange’s rule. This change aims to better reflect the UK market by removing the disparity for non-UK companies, which previously faced a 25% threshold.Read More
Apple is set to open its Siri voice assistant to other artificial intelligence services. This move will allow users to connect with AI platforms like Alphabet’s Gemini and Anthropic’s Claude directly through Siri. The change aims to boost Apple’s AI capabilities and position the iPhone as a versatile AI hub.Read More
Meta Platforms shares tumbled 7% after two verdicts found the social media giant liable for harm to young users. These rulings, totaling hundreds of millions in fines, could expose Meta to extensive litigation by targeting platform design, potentially leading to billions in damages and forcing significant business practice changes.Read More
New applications for U.S. unemployment benefits rose slightly last week, suggesting the labor market remains stable and likely giving the Federal Reserve scope to hold interest rates steady while monitoring inflation risks from the conflict in the Middle East.Read More
U.S. insurers Equitable and Corebridge Financial said on Thursday they will merge in an all-stock deal that would create a $22 billion retirement, life insurance and asset management company.Read More
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