About 400 workers at BHP’s Port Hedland operations in Australia are set to hold an eight-hour strike next Thursday, marking Western Australia’s biggest mining-sector industrial action in 25 years. The stoppage follows a breakdown in wage and working-conditions talks. The dispute could put about $120 million a day of BHP revenue and $6.85m in royalty payments to the Western Australian government at risk. Port Hedland, the world’s largest iron ore export facility, is seen as a key link in the iron ore supply chain.

Ganga Forging Limited will open its rights issue on July 10, 2026, offering 20,22,03,345 shares to eligible shareholders in a 3:2 ratio at ₹1.63 per share. The company is seeking to raise about ₹3.3 billion to repay loans tied to its solar power and railway clip projects, fund capital expenditure, and support working capital. The record date is July 02, 2026, and rights entitlements have been credited via NSDL and CDSL under ISIN INE691Z20015. The transaction is described as routine equity fundraising and not a sudden event or major operating inflection point.

SpaceX (SPCX) joined the Nasdaq-100 on Monday, but the stock slid 6.8% on Tuesday to $149.47, its lowest close on record. The move came as technology shares broadly sold off. The decline coincided with Iranian attacks on ships in the Strait of Hormuz and the U.S. revoking Iran’s oil export license, helping push crude benchmarks up more than 2%.

The article says SpaceX’s market value fell 22% within two weeks of listing, even after expectations that Nasdaq index inclusion would spur buying. It adds that AI-linked debt demand has weakened, citing a $US25 billion Amazon bond issue that drew less interest, alongside widening credit spreads. The piece says valuations for AI companies are under pressure, with OpenAI and Anthropic delaying IPO plans as investors question profitability pathways and the durability of capital funding.

Inventurus Knowledge Solutions Ltd has launched a postal ballot to seek shareholder approval to create security for USD 635 million financing facilities requested by its wholly owned subsidiary, IKS Inc, to fund the acquisition of U.S. healthcare IT services provider TruBridge Inc. The security would cover all assets and equity of TruBridge’s unit HRG Inc., and includes related corporate guarantees. The transaction also refinances an existing USD 70 million term loan. The voting window runs from July 9, 2026, to August 7, 2026.

Qube Holdings (ASX: QUB) said the Supreme Court of New South Wales has approved the scheme of arrangement under which Rubik Australia will acquire all Qube shares, making the transaction effective. The company also declared a fully franked special dividend of A$0.3465 per share, with a record date of 14 July 2026 and payment on 23 July 2026. Qube shares will be suspended from trading after the market close, with implementation scheduled for 14 August 2026, and shareholders set to receive A$5.20 cash per share less the interim and special dividends.

KM Sugar Mills said the NCLT’s Allahabad bench will hold a hearing on July 30, 2026 on its Scheme of Arrangement to demerge the distillery business into its wholly owned subsidiary, KM Spirits. The company’s board approved the plan on August 7, 2025, with an appointed date of April 1, 2026 and a share-swap ratio of 1 KM Spirits equity share of ₹10 each for every 5 KM Sugar Mills equity shares of ₹2 each. The demerger remains subject to final NCLT sanction and other regulatory approvals, and KM Spirits’ shares are proposed to be listed after the scheme becomes effective. For the year ended March 31, 2026, the company reported profit after tax of ₹5,342.38 lakhs, up from ₹3,555.09 lakhs, alongside higher ethanol sales and revenue in the distillery segment.

India’s benchmark Nifty 50 and Sensex are expected to open lower on July 8, weighed by weaker global markets, escalating US-Iran tensions and higher crude oil prices. In the previous session, the Nifty 50 fell 0.13% to 24,398.70 and the Sensex slipped 0.13% to 78,180.72, while the Bank Nifty edged down 0.16%. Technical signals point to bearish daily candles, with key support levels seen at 24,200–24,250 for the Nifty, 77,700 for the Sensex and 57,700–57,800 for the Bank Nifty.