
Musk’s SpaceX buys AI coding start-up for $60bn days after IPO
Elon Musk’s rocket company has agreed to buy Cursor, which uses AI to automate the process of writing code.
TUESDAY, 16 JUNE 2026, 15:51

Elon Musk’s rocket company has agreed to buy Cursor, which uses AI to automate the process of writing code.

Applications open for funding to help families with the cost of school essentials.

Thames Water’s lenders have submitted a new rescue plan to save the firm, but how did it end up in this state?

Do online saving methods really work?

The Bank of Japan has been raising rates from near-zero since 2024.

The company’s listing raised $87.5bn, compared with the $75bn it was initially thought.

The move is seen as a bet that combining streaming with its news and sport offering will leave Fox in a strong position as TV audiences move online.

Experts warn the impact of the war will continue to affect the global economy for months to come.