Elon Musk becomes first trillionaire as SpaceX shares jump on Nasdaq debut
SpaceX made a historic entrance into the Nasdaq on Friday, surging over 20% in its first day of trading and lifting its valuation to more than $2 tril...
Truck drivers in two of the four Balkan states protesting against the EU’s tightened entry-exit rules stepped back on Thursday, easing some pressure on major cargo routes, while colleagues in Bosnia and Serbia kept their lines of trucks in place.
Montenegro and North Macedonia ended blockades on borders with Greece, Bulgaria and at the Adriatic port of Bar, with North Macedonian hauliers saying they would clear freight lanes by Thursday evening.
The Bar blockade had prompted concerns over possible fuel shortages.
Drivers launched their protests on Monday over the EU’s stricter enforcement of Schengen stay limits, saying the rules expose them to detention or deportation and add hundreds of millions of euros to operating costs.
They have urged their governments to push Brussels to adapt the system for professions that depend on constant cross-border travel.
The EU on Thursday adopted what it described as its first visa strategy, offering more flexibility for highly mobile workers such as truck drivers, athletes and touring artists.
“This is particularly relevant for professional drivers from Bosnia and Herzegovina and the Western Balkans region,” Luigi Soreca, the EU’s ambassador in Bosnia, wrote on X.
But Serbian and Bosnian truckers said the new language from Brussels did not meet their demands.
“These statements do not fulfil our demands nor resolve our problems,” said Zijad Saric, a Bosnian transporter and protest organiser.
At Serbia’s Batrovci crossing with EU member Croatia, a mile-long queue of trucks remained in place on Thursday, blocking access to the cargo terminal.
Serbia’s Chamber of Commerce chief Marko Cadez said 93% of exports from the four protesting countries were halted, inflicting about €92 million in daily losses.
EU-based companies operating in or exporting to the region have also been hit.
“For every company it is about €10,000 to €50,000 per day in penalties as they are not servicing customers,” Cadez told Reuters in Belgrade.
Mexico and South Africa meet in Thursday’s World Cup opener in Mexico City, with both teams approaching the match from very different positions but facing their own pressures.
SpaceX has made history with the largest initial public offering ever in the United States, pricing its shares at $135 each and achieving a market valuation of $1.77 trillion.
Formula 1 driver Pierre Gasly’s Monaco Grand Prix podium has been reinstated after Alpine successfully challenged his post-race penalties through a Right of Review request with the FIA.
U.S. Donald Trump has said he has cancelled planned strikes on Iranian oil and gas ports announced earlier on Thursday. Trump said he made the decision after senior leadership in Iran agreed to peace talks.
While France hosts next week’s Group of Seven summit, businesses in neighbouring Switzerland have already begun taking precautions, with many shops in Geneva boarded up ahead of a large anti-G7 demonstration expected on Sunday.
SpaceX made a historic entrance into the Nasdaq on Friday, surging over 20% in its first day of trading and lifting its valuation to more than $2 trillion. Investors flocked to the world’s largest IPO, betting on Elon Musk’s sprawling empire spanning rockets, AI and beyond.
Ukraine will increase military wages and expand recruitment of foreign volunteers, President Volodymyr Zelenskyy announced on Friday, as the armed forces face a critical personnel shortage after more than four years of war with Russia.
Poland will receive a new $4 billion loan from the United States through the Foreign Military Financing (FMF) programme, strengthening defence ties between the two NATO allies as Warsaw continues a major military modernisation drive.
Italian Prime Minister Giorgia Meloni and Polish Prime Minister Donald Tusk have criticised Britain, France and Germany for leaving them out of talks with Russia about a potential future peace deal for Ukraine.
The International Labour Organization has adopted the first-ever international agreement aimed at protecting digital platform workers, marking a major step in regulating labour conditions in the global gig economy.
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