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The International Air Transport Association (IATA) has lowered its 2026 profit margin forecast for the airline industry to 2%, down from the previous 3.9%.

2026-06-07

The International Air Transport Association (IATA) has lowered its 2026 profit margin forecast for the airline industry to 2%, down from the previous 3.9%.

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2026-06-08

Iran's Islamic Revolutionary Guard Corps (IRGC) said on the evening of the 7th its Aerospace Force struck Ramat David airbase in northern Israel with ballistic missiles, calling the action a response to recent Israeli operations in the south Lebanon

Iran's Islamic Revolutionary Guard Corps (IRGC) said on the evening of the 7th its Aerospace Force struck Ramat David airbase in northern Israel with ballistic missiles, calling the action a response to recent Israeli operations in the south Lebanon and the southern suburbs of Beirut. The IRGC said Ramat David was a key base for those operations and that Iran's April 8 acceptance of a ceasefire was conditional on a full halt across all fronts, which it accuses the US and Israel of not honoring. The statement also accused US and Israeli actions in the Strait of Hormuz, Gulf of Oman and the Indian Ocean against Iranian vessels and coastal targets of undermining the ceasefire. The strike was described as "warning" in nature; the IRGC warned that if Israeli military actions continue to escalate, Iranian responses could widen to include additional US and Israeli-related targets in the region.
2026-06-07

South Korean Finance Minister: We will not tolerate herding behavior in the foreign exchange market.

South Korean Finance Minister: We will not tolerate herding behavior in the foreign exchange market.
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