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Fincantieri Shares Surge on Underwater Deal-Making Spree

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Fincantieri Shares Surge on Underwater Deal-Making Spree

Shares of Italian shipbuilder Fincantieri FCT 10.60%increase; up pointing triangle jumped after the group said it had sealed agreements to acquire stakes in four companies to shore up its operations across marine construction support, unmanned underwater and surface drone technologies, and underwater wireless communication systems.

The company said it was taking stakes in Next Geosolutions Europe NXT -3.34%decrease; down pointing triangle, which operates in the offshore renewable energy, offshore oil and gas and subsea cable sectors; WSense, which specializes in underwater monitoring and communication systems; Defcomm, active in the design and construction of unmanned surface vehicles; and Graal Tech, which makes underwater robotic technologies.

Copyright ©2026 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

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General Mills prioritizing functional, experiential innovation

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General Mills prioritizing functional, experiential innovation

Elevated investment expected to drive more consistent, profitable sales growth.

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Australian shares dip as traders await next catalyst

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Australian shares dip as traders await next catalyst

Australia’s share market has started the week lower as trading volumes plunged and investors awaited the next market-moving catalyst.

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MBX Biosciences: Weekly PTH, Monthly Obesity, Multi-Year Upside (Initiating Buy)

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MBX Biosciences: Weekly PTH, Monthly Obesity, Multi-Year Upside (Initiating Buy)

MBX Biosciences: Weekly PTH, Monthly Obesity, Multi-Year Upside (Initiating Buy)

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QTREX system deployed at U.S. government quantum computing lab

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QTREX system deployed at U.S. government quantum computing lab

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Versant to buy golf simulator company Full Swing for $530 million

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Versant to buy golf simulator company Full Swing for $530 million

Mark Lazarus, chief executive officer of Versant, at the Semafor World Economy Summit during the International Monetary Fund (IMF) and World Bank Spring meetings in Washington, DC, US, on Wednesday, April 15, 2026.

Aaron Schwartz | Bloomberg | Getty Images

Versant Media Group, the owner of cable networks including CNBC, MS Now and the Golf Channel, has agreed to acquire golf simulation company Full Swing from private equity firm Bruin Capital for about $530 million in cash.

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The deal follows a template CEO Mark Lazarus has outlined to investors since Versant began trading as a public company in January following its spinout from Comcast.

Versant has been investing in non-traditional media businesses that broaden the scope of the brands it already owns. Earlier this year, the company acquired StockStory, an AI-powered tech platform that provides financial analysis, market insights, and stock recommendations, for CNBC.

The company’s golf business already owns digital media platform GolfPass and tee-time reservation company GolfNow.

In May, Versant reported that revenue for its platforms business, which includes GolfNow, Fandango and some recently launched direct-to-consumer units, was up 9.5% to $192 million. The company has called out its growth in its news and sports units. Executives have said they aim to rebalance Versant’s revenue mix so that eventually 50% of it is derived from digital, platform, subscription, ad-supported and transactional businesses.

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“Full Swing is exactly the kind of strategic platform that reflects how we are building Versant:
investing in our core markets, extending the reach of our iconic brands and creating new ways to serve passionate audiences,” Lazarus said in a statement.

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Full Swing develops and sells golf and baseball simulators for consumers, sporting goods stores and athletic training facilities. Both recreational and professional athletes use the technology. Bruin Capital purchased Full Swing in 2021 for $160 million, Sportico reported at the time.

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“Joining Versant gives us the scale and distribution to bring our technology to even more golfers, athletes and fans,” Full Swing CEO Ryan Dotters said in the statement. Dotters will stay at Versant, and will report to Will McIntosh, president of digital platforms and ventures.

The transaction should close before Dec. 31, the companies said in a statement.

— CNBC’s Lillian Rizzo contributed to this article.

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Consumer Fight Back – Margaret’s phone nightmare – Is it finally over?

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Consumer Fight Back - Pensions, Holidays and AI Shopping

Available for 27 days

Linzi Lima checks back in with listener Margaret, who is nearly 90, and her daughter Martina to find out whether, after two months of disruption, Margaret’s landline and lifeline to the world – is finally back up and running.

A new Which? survey suggests that one in eight customers paid more than they were first quoted for car hire. We share practical tips to help you avoid unexpected costs when hiring a car for holidays abroad.

With the sunny weather continuing, do you need to spend more on sun cream to stay protected? We look at the best ways to protect yourself in the sun and whether higher prices really mean better protection.

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New research suggests women are increasingly acting as the financial ‘shock absorbers’ of British households when money gets tight. We take a closer look at what the findings reveal.

And it’s not just the music drawing crowds to festivals this year. With more people looking for family-friendly events and experiences that focus on health and wellbeing, we explore how the festival scene is changing.

Plus, if you have a story or experience you’d like to share with Consumer Fight Back, get in touch by emailing the team at cfb@bbc.co.uk.

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Utah prosecutors seek trial in Charlie Kirk murder case

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Utah prosecutors seek trial in Charlie Kirk murder case

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Tesla Cybercab Showcases Accessibility Features for Blind Riders at National Convention

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Tesla Cybercab Production Begins: Elon Musk Shares Major Robotaxi Milestone

AUSTIN, Texas — Tesla’s futuristic Cybercab robotaxi is being designed with the needs of blind and visually impaired passengers in mind, Elon Musk said Monday as the company demonstrated the vehicle’s accessibility features at the National Federation of the Blind’s annual convention.

Musk, Tesla’s CEO, reposted images and details from the demonstration, writing simply: “Making sure Cybercab meets the needs of the blind.” The post accompanied photos showing blind attendees interacting with the vehicle, including one using a white cane to approach the open door of a gold-colored Cybercab and another seated inside with a service dog.

The event in Austin, running from July 3 to 8, provided hands-on experiences for attendees to test the Cybercab’s features tailored for blind or visually impaired customers. According to the Tesla Robotaxi account, these include Braille lettering on physical controls, dedicated space for service animals and assistive devices, and seating at wheelchair height for easier transfers.

The demonstration comes as Tesla advances its autonomous vehicle ambitions. The Cybercab, a two-seater purpose-built robotaxi unveiled in 2024, lacks a steering wheel or pedals and is intended for unsupervised full self-driving operation. Production is slated to ramp up in 2026, with the company positioning it as a key part of a future ride-hailing network.

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Accessibility at the Core

Tesla’s focus on inclusive design addresses a significant portion of the population often underserved by traditional transportation. In the United States, approximately 2.2 million people are blind or have significant vision impairment that affects daily mobility, according to health data. For many, reliable, independent transportation remains a major barrier to employment, social engagement and daily life.

At the convention, blind participants explored the vehicle firsthand. Images released showed a man with a white cane standing beside the Cybercab, hand extended toward the vehicle, while another photo captured a passenger comfortably seated with his service dog, highlighting the practical accommodations.

A promotional image featured Braille text integrated into Cybercab marketing materials alongside the vehicle’s sleek design, emphasizing “Download the App, Take Your Ride” in both print and tactile formats.

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Interior views revealed thoughtful details, such as easily reachable controls with Braille indicators. One image showed a hand interacting with an overhead control panel, demonstrating intuitive placement for users who rely on touch.

Tesla has not released a full technical specification for the accessibility suite, but the demonstrations suggest integration of voice guidance, haptic feedback and physical markers to ensure safe and independent use.

Broader Implications for Autonomy

The emphasis on accessibility aligns with Tesla’s long-stated goal of making Full Self-Driving (FSD) technology transformative for those unable to operate conventional vehicles. Musk and Tesla executives have previously described robotaxis as a means to provide mobility freedom to the elderly, disabled and others without driver’s licenses.

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Industry observers note that successful integration of such features could set a new standard for autonomous vehicles. Competitors like Waymo have also incorporated accessibility considerations, but Tesla’s dedicated Cybercab platform offers unique opportunities for purpose-built design.

The National Federation of the Blind, a leading advocacy organization, hosts its convention as a major gathering for training, networking and technology exploration. This year’s event in Austin drew thousands, providing Tesla an ideal venue to gather direct feedback from the blind community.

Feedback from attendees and online reactions highlighted the potential life-changing impact. Users shared stories of family members with vision loss who could gain greater independence through reliable autonomous transport. One commenter noted the excitement a blind rideshare passenger expressed upon learning about future robotaxi options.

Technical and Regulatory Context

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Tesla’s Cybercab builds on the company’s extensive real-world data from millions of miles driven under its FSD program. The vehicle features advanced camera systems, neural network processing and over-the-air updates designed to improve performance continuously.

Regulatory hurdles remain for widespread unsupervised robotaxi deployment. Tesla continues to work with authorities in various states, with Texas serving as a key testing ground given the company’s presence at Giga Texas.

Production timelines point to volume manufacturing beginning in 2026 at facilities in Texas. Tesla aims to produce the vehicles at a cost that supports affordable ride-hailing services, with earlier projections suggesting prices under $30,000 per unit, though final figures have not been confirmed.

Challenges include ensuring robust performance across diverse conditions, cybersecurity for connected vehicles, and public trust in fully autonomous systems without human fallback.

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Industry Reactions and Future Outlook

The demonstration has drawn positive attention for its thoughtful approach to universal design. Advocates praised the inclusion of service animal space and tactile interfaces as examples of proactive accessibility rather than afterthoughts.

As autonomous technology evolves, experts predict greater emphasis on inclusive features. Standards from organizations like the American National Standards Institute and input from disability rights groups are likely to influence future vehicle regulations.

Tesla’s move also reflects broader trends in the tech industry toward equitable AI and robotics applications. Musk’s companies, including Neuralink for brain-computer interfaces, often highlight potential benefits for people with disabilities.

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For the blind community, the Cybercab represents more than convenience. Reliable, on-demand transportation could reduce dependence on paratransit services, which frequently face delays and availability issues, and open new opportunities for work and leisure.

Ongoing Development

Tesla has not detailed exact timelines for Cybercab availability to the public or specific accessibility rollout plans beyond the demonstration. The company typically iterates rapidly based on data and user input.

Musk’s personal involvement in highlighting the accessibility efforts underscores the priority placed on this aspect of the project. His post amplified the Robotaxi account’s message, reaching a wide audience and sparking discussions about the societal benefits of autonomous vehicles.

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As testing continues and production approaches, Tesla is expected to provide more comprehensive information on safety protocols, app integration for booking and navigation assistance tailored for blind users.

The Austin convention demonstration marks a visible step in Tesla’s journey toward inclusive autonomy. While technical and regulatory challenges persist, the focus on meeting diverse user needs could help define the next era of personal transportation.

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Money Box – Child Trust Fund “Injustice” and Pension Opt-Outs

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Money Box - Child Trust Fund "Injustice" and Pension Opt-Outs

Available for over a year

Parliament was asked this week to help tens of thousands of young adults get access to their own money. It is sitting in the state-backed Child Trust Funds set up more than 15 years ago with contributions from the government, parents and other relatives. However, because these young people have learning disabilities the legal process for getting hold of their own money can cost more than the couple of thousand pounds typically in their fund. What happens next?

New figures reveal that in a single year half a million people said ‘no thanks’ to joining a workplace pension. Like everyone taking up a new job they were automatically enrolled into a pension, but they opted out before it even began. How might that impact their future?

Capita has missed the deadline to return services to normal for civil servants facing long delays in getting their pensions sorted.

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And, a major change to the Lifetime ISA could see it replaced with a new product designed solely for First Time Buyers. How will it work?

Presenter: Paul Lewis
Reporters: Dan Whitworth and Meghan Owen
Researcher: Catherine Lund
Editor: Jess Quayle
Senior News Editor: Sara Wadeson

(First broadcast 12pm Saturday 4th July 2026)

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Citi lowers Nintendo stock price target on software sales outlook

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Citi lowers Nintendo stock price target on software sales outlook

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