Author: Jordan

About Jonathan Jackson Jonathan Jackson is an experienced writer and editor. Over the past 20 years, he has worked in print and digital media across several business and finance titles amd is currently the Australian news editor at Proactive Investors covering the latest news for ASX listed companies as well as current financial trends. He was previously managing editor with Business First magazine, Wealth Creator Magazine and StocksDigital. Jonathan has interviewed some of the world’s top CEOs and covered… Read more About the publisher Proactive financial news and online broadcast teams provide fast, accessible, informative and actionable business and finance…

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People using Barclays Direct Investing will no longer pay a monthly customer fee, the bank has announced. Barclays said its research indicates low fees and charges are the most important factor when choosing an investment service. Barclays Direct Investing customers previously paid 0.25% on balances up to £200,000 and 0.05% above that level. With the fee removed, someone with a £50,000 portfolio would save an annual charge of £125. The bank said there is no fee for buying or selling funds with Barclays Direct Investing but an ongoing charge is levied by the fund manager, and the £6 fee to…

US and partner forces intercepted all Iranian ballistic missiles fired at Kuwait and Bahrain on June 2 and struck a military ground station on Qeshm Island in self-defense; no US personnel were harmed. Summary: Source: US Central CommandUS and partner forces defeated multiple Iranian ballistic missiles and drones launched across the Middle East on June 2, with all missiles failing to reach their intended targetsTwo missiles fired at Kuwait fell short or broke apart in flight; three missiles aimed at Bahrain were intercepted by US and Bahraini air defense forcesUS forces shot down three one-way attack drones launched by Iran…

SOLANA BEACH, Calif., June 03, 2026–(BUSINESS WIRE)–AEVEX Corp. (NYSE: AVEX), a portfolio company of Madison Dearborn Partners’ funds and a global leader in cutting-edge unmanned systems, today announced the pricing of its public offering of 5,726,157 shares of its Class A common stock by AEVEX and 2,273,843 shares of its Class A common stock by certain selling stockholders (the “Offering”) at a public offering price of $27.00 per share. In addition, AEVEX and the selling stockholders have granted the underwriters a 30-day option to purchase up to an additional 858,923 and 341,077 shares of Class A common stock from AEVEX…

Banks warn Hormuz closure is pushing oil markets toward a supply tipping point, with HSBC flagging non-linear price spikes and JPMorgan projecting the Strait could reopen in June.Summary:JPMorgan forecasts the Strait of Hormuz could reopen in June, driven by the accelerating pace of oil inventory depletion rather than any identified diplomatic or military mechanismHSBC describes the combined effect of the Middle East crisis and the closed Strait as a “super-squeeze,” warning that commodity markets, including oil, face tipping points if the closure persistsHSBC analysts warn global oil inventories may reach critical functional lows, at which point price rises could become…

by Thomas Breen | New Haven Independent, CT Mirror June 3, 2026 The Elicker administration has fired city Food System Policy Director Latha Swamy after finding that she allegedly made at least $5,000 in personal purchases with her city-issued credit card. The city also recently placed Swamy’s supervisor, city Community Services Administrator (CSA) Eliza Halsey, on a weeklong unpaid suspension because of Swamy’s P-Card use. Swamy’s termination from her city job was listed in the most recent weekly city personnel report. That report states that Swamy’s termination was effective Friday, May 29. According to city spokesperson Lenny Speiller, Swamy was fired…

By Nate Beck · June 3, 2026, 5:00 PM EDT A real estate investment platform focused on multitenant light industrial properties launched Wednesday with $250 million in capital from its founders and private lender BTD & MSD Partners…. To view the full article, register now. Source link

“These changes are rooted in one clear principle: listening to our broker partners and understanding what established businesses really need from their bank”- Nick Baker – Allica Bank.  Allica Bank has reduced buy-to-let mortgage rates by 0.25% across its specialist range, alongside a broader set of changes to its commercial mortgage offering that extends support to first-time commercial landlords, expat borrowers, and healthcare property investors. The challenger business bank says the changes were introduced in direct response to broker feedback, with the rate reduction aimed at giving brokers greater confidence on pricing-sensitive transactions.  First-time landlords will now be…

(Kitco NewsWire) – Spot gold and silver prices are sharply lower after the close Wednesday, as crude oil rallied, Treasury yields rose and renewed U.S.-Iran fighting pressured non-yielding metals. At the time of writing, spot gold was trading near $4,432.60 an ounce, down 1.24%, while spot silver was trading near $72.755, down 3.17% on the session.Private employers added 122,000 jobs in May, above the 110,000 consensus and the strongest ADP print in 16 months. The ISM Services PMI rose to 54.5 in May from 53.6 in April, with business activity at 57.7, new orders at 57.3, employment at 47.9 and…