Canada’s Cohere is tripling its physical footprint in the UK, signing a lease on a new London office as it races to position itself as the credible alternative to American rivals OpenAI and Anthropic for governments and regulated businesses nervous about handing their data to Silicon Valley.

The artificial intelligence start-up will move into a 14,000 sq ft office at 100 New Oxford Street later this year, leaving its current home in Soho. The new site has room for up to 100 staff, against roughly 80 today, and gives the company a far larger shopfront in the capital as demand for so-called “sovereign AI” accelerates.

Founded in 2019, Cohere builds large language models tailored to businesses and governments rather than consumers. Its co-founder and chief executive, Aidan Gomez, is among the most influential AI researchers in the world, having helped develop the “transformer” architecture that underpins virtually every modern large language model, including the systems built by his much larger American competitors.

The expansion is the latest sign that the global AI land grab has firmly reached London. It follows OpenAI’s decision to open its first permanent London office in King’s Cross, a site with capacity to more than double its headcount to 544, while Anthropic plans to quadruple its own London presence just a few streets away from its bitter rival.

Where the American giants compete on raw capability, Cohere is selling reassurance. The company promises not to retain customer data and offers models that can be deployed on-premises or inside private clouds, an approach designed to appeal to governments and heavily regulated sectors such as finance, defence and healthcare. Its UK customers already include Reuters, the Aston Martin Formula One team and the Department for Science, Innovation and Technology.

That pitch was sharpened in April when Cohere acquired the German start-up Aleph Alpha to create what it called a “transatlantic AI powerhouse”, pitched squarely at European customers wary of depending on US developers. The combined group was valued at around $20bn.

“By expanding our London footprint threefold, we’re positioning ourselves at the heart of the UK’s sovereign AI revolution, where government and enterprise interest in secure artificial intelligence is accelerating,” Gomez said.

Sovereign AI refers to a state or organisation’s ability to develop, deploy and govern AI tools independently, without relying on foreign infrastructure. It has climbed rapidly up the political agenda amid mounting concern that Europe is dangerously dependent on US models and cloud providers. Building “sovereign” capability is now a stated priority for both the UK government, which has stood up a dedicated £500m Sovereign AI unit to back home-grown firms, and the European Union, which launched its technology sovereignty legislation earlier this month.

The numbers help explain the rush. McKinsey estimates that sovereignty requirements could shape between $500bn and $600bn of AI spending by 2030, as much as a third of the entire market.

Kanishka Narayan, the minister for AI and online safety, welcomed the move. “Cohere’s focus on sovereign AI, helping businesses and government deploy this technology securely, on their own terms, is exactly the kind of capability we are building in Britain,” he said.

For all the political enthusiasm, the sovereign AI story is not without its sceptics. The same security promise that makes these models attractive can cut the other way: regulators have begun to warn that even tightly controlled enterprise systems can expose systemic weaknesses in sensitive sectors such as banking. For Cohere, convincing Whitehall and the City that “sovereign” genuinely means safer will matter every bit as much as the square footage on New Oxford Street.

Jamie Young

Jamie is Senior Reporter at Business Matters, bringing over a decade of experience in UK SME business reporting.
Jamie holds a degree in Business Administration and regularly participates in industry conferences and workshops.

When not reporting on the latest business developments, Jamie is passionate about mentoring up-and-coming journalists and entrepreneurs to inspire the next generation of business leaders.

Abstract

Informational and educational content is any material designed primarily to teach, inform, or clarify a topic for its intended audience. Unlike promotional content, which focuses on selling a product or service, informational content prioritizes delivering genuine value through knowledge. This type of content spans a wide range of formats, including articles, how-to guides, explainer videos, infographics, whitepapers, and online courses.

In today’s digital landscape, audiences are increasingly drawn to brands and platforms that position themselves as trusted authorities. Educational content plays a central role in building that authority while simultaneously improving search engine visibility and audience engagement.

Why Informational Content Matters

Building Trust and Credibility

One of the most significant benefits of informational content is its ability to establish trust between a brand and its audience. When businesses consistently provide accurate, well-researched, and genuinely helpful information, readers begin to view them as reliable sources. This trust is a foundational element of long-term customer relationships and brand loyalty

Supporting SEO and Organic Search Growth

Informational content is a cornerstone of effective Search Engine Optimization (SEO). Search engines like Google reward content that thoroughly answers user queries with higher rankings in search results. Pages structured around clear, educational topics tend to attract more organic traffic, generate backlinks from other authoritative sites, and maintain relevance over time.

Long-form informational articles, in particular, tend to outperform shorter promotional pieces in search rankings because they address topics comprehensively and satisfy user intent more completely.

Types of Informational and Educational Content

How-To Guides and Tutorials

How-to guides are among the most consumed forms of educational content online. They provide step-by-step instructions that empower readers to solve problems, learn new skills, or complete specific tasks. Whether written or video-based, tutorials are highly shareable and often serve as entry points for new audiences discovering a brand.

Businesses operating in sectors such as finance, technology, health, and legal services have found particular success with tutorial-style content, as these industries naturally involve complex topics that benefit from clear explanation.

Explainer Articles and Industry Overviews

Explainer articles break down complex subjects into accessible, understandable language. For example, a financial services company might publish an article explaining how interest rates affect consumer borrowing, while a technology firm might produce a primer on artificial intelligence concepts for non-technical readers.

These pieces serve as excellent top-of-funnel content, attracting audiences who are in the early stages of researching a topic. For businesses targeting markets in Southeast Asia, platforms like Thailand Business News regularly publish industry overviews and economic explainers that help readers navigate complex regional business environments.

Whitepapers and Research Reports

Whitepapers and research reports represent high-value, in-depth educational content typically aimed at professional or academic audiences. These documents delve into specific topics with data-driven analysis, case studies, and expert insights. They are particularly effective for B2B (business-to-business) marketing, where decision-makers require detailed information before committing to purchases or partnerships.

Publishing original research not only enhances credibility but also positions an organization as a thought leader within its industry, attracting media coverage, speaking opportunities, and high-quality backlinks.

Infographics and Visual Explainers

Infographics translate data and complex information into visually engaging formats that are easy to digest at a glance. They are highly effective on social media platforms and can communicate trends, statistics, or processes in seconds. Well-designed infographics are among the most shareable content formats, extending a brand’s reach organically through audience sharing.

Visual explainers work particularly well when communicating statistical data, timelines, comparison charts, or step-by-step processes that would otherwise require lengthy written explanations.

Best Practices for Creating Effective Educational Content

Know Your Audience

Before creating any informational content, it is essential to deeply understand the target audience. This includes knowing their knowledge level, the questions they are asking, the challenges they face, and the formats they prefer. Audience research through surveys, analytics data, and social listening tools helps ensure content remains relevant and genuinely useful rather than generic.

Tailoring content to specific audience segments — such as beginners versus experts, or local versus international readers — significantly increases its effectiveness and engagement potential.

Prioritize Accuracy and Reliability

Accuracy is non-negotiable in educational content. Misinformation not only damages credibility but can also have real-world consequences for readers who rely on the information to make decisions. All factual claims should be supported by credible sources, and content should be regularly reviewed and updated to reflect current information.

Citing reputable industry publications, government data, academic research, and recognized experts strengthens the perceived reliability of content. For businesses publishing content about Southeast Asian markets, referencing authoritative regional sources such as Thailand Business News can enhance both credibility and local relevance.

Structure Content for Readability

Even the most valuable information loses its impact if it is difficult to read or poorly organized. Effective educational content uses clear headings, short paragraphs, bullet points where appropriate, and a logical flow that guides the reader from introduction through to conclusion. Plain, accessible language is preferred over jargon unless the audience is specifically technical or professional.

Including a brief summary or key takeaways section at the end of longer articles helps readers retain the most important points and reinforces the educational value of the piece.

Optimize for Search Engines Without Sacrificing Quality

While SEO considerations are important, content quality must always take priority. Over-optimization — including keyword stuffing or producing thin content purely for ranking purposes — is increasingly penalized by search algorithms and damages reader trust. The most effective approach is to create genuinely helpful, comprehensive content and apply SEO best practices as a secondary layer, including appropriate keywords, meta descriptions, and structured headers.

The Role of Educational Content in Business Growth

Generating Qualified Leads

Educational content is a powerful lead generation tool. When businesses provide free, high-value information, they attract potential customers who are actively researching solutions to their problems. These readers are often further along the buyer’s journey than cold advertising audiences, making them more likely to convert into paying customers when approached with relevant offers.

Gating premium content — such as detailed guides or research reports — behind a simple email subscription form is a common and effective strategy for building qualified email lists while continuing to provide value.

Reducing Customer Support Burden

Comprehensive educational resources, such as FAQ pages, knowledge bases, and product tutorials, can significantly reduce the volume of customer support inquiries. When customers can find clear, accurate answers to their questions independently, it reduces strain on support teams and improves overall customer satisfaction.

This is particularly valuable for technology products and services, where user questions tend to be frequent and varied. A well-maintained educational resource center serves as a 24/7 support tool that scales with business growth.

Establishing Thought Leadership

Consistently publishing insightful, forward-looking educational content positions a business or individual as a thought leader in their industry. Thought leadership content goes beyond simply answering common questions — it offers original perspectives, analysis, and predictions that contribute meaningfully to industry conversations.

Thought leaders attract media attention, partnership opportunities, speaking invitations, and a loyal audience of engaged followers who trust their expertise and look to them for guidanc

Informational and educational content is far more than a marketing tactic — it is a long-term investment in trust, authority, and audience relationships. By consistently delivering accurate, well-structured, and genuinely helpful content, businesses can improve their search visibility, generate qualified leads, reduce support costs, and build the credibility necessary for sustained growth.

The most successful content strategies place the needs and knowledge gaps of the audience at the center of every piece produced, ensuring that every article, guide, or infographic delivers real, measurable value to the people it reaches.

Other People are Reading

President Trump has reopened his long-running feud with Paris, warning that he will slap a 100 per cent tariff on French wine and champagne unless President Macron abandons France’s digital services tax, the 3 per cent levy that falls most heavily on America’s biggest technology firms.

The threat lands just as Trump prepares to travel to France for the G7 summit in Evian-les-Bains, setting up a tense encounter between two leaders who have spent years alternately courting and clashing with one another. Macron’s response was blunt. Told of the ultimatum, he said simply: “That’s not how it works.”

In an interview with the New York Post, Trump framed the matter as a straightforward act of retaliation. “I asked him not to charge American companies and if they do, I have no choice but to charge a 100 per cent tariff on all champagnes and all wines coming out of France,” he said. “All he has to do is get rid of the sales tax and he wouldn’t have that kind of pressure.”

Speaking to the French broadcaster TF1, Macron argued that any fresh increase on French wine would breach the trade settlement struck between Trump and Ursula von der Leyen, the president of the European Commission. “We have just concluded an agreement between Europe and the US on tariffs. Now we need stability,” he said. “This digital services tax, the Europeans decided it and several countries have implemented it. It’s part of our law. It is not for the US to decide on French and European law.”

He added that he was prepared for “a respectful but firm discussion”, while insisting France would not be bounced into rewriting its own statute book. Tariffs, he said, “are no good for anyone”, least of all between G7 partners, because they fail to fix America’s trade position and push up prices for consumers on both sides of the Atlantic.

For France’s winemakers and distillers, the stakes are anything but abstract. Producers shipped €2.9 billion of wines and spirits to the United States in the 12 months to April, making America comfortably the sector’s largest single market — worth 18 per cent of all French wine and spirit exports, ahead of the United Kingdom on 11 per cent and Germany on 6 per cent. Alcohol remains a meaningful contributor to the national accounts, adding €14.3 billion to France’s trade balance in 2024, according to French Customs.

That exposure helps explain the alarm in the trade. Gabriel Picard, chairman of the French Federation of Wine and Spirits Exporters, called for the preservation of a “balanced and constructive trading relationship between France and the US in the interests of both economies”. His caution is well founded: French wine and spirits exports have already lost their fizz, with sales to the US falling sharply through 2025 as successive rounds of duties bit. A jump to triple-digit tariffs would turn a difficult year into an existential one for many smaller châteaux and négociants that depend on American distributors.

None of this is new. Trump first reached for the wine bottle as a weapon in 2019, during his first term, when France introduced the digital services tax. “It might be on wine, it might be on something else,” he warned at the time, before threatening duties on €2.4 billion of French imports including cheese, champagne and handbags. In January he floated a 200 per cent levy on French wine after Macron declined to join the so-called Board of Peace, the US administration’s vehicle for rebuilding Gaza and brokering an end to conflicts elsewhere.

There is already a 15 per cent tariff on French wine and champagne, in line with the wider trade deal agreed between Washington and Brussels that capped duties on most EU goods. The repeated escalation, from threats of 200 per cent earlier in the year to this latest 100 per cent salvo, is becoming a recognisable pattern, one British exporters have learned to read closely given how often Trump’s wine threats spill into the broader transatlantic trade picture.

The digital services tax that so irritates Washington is narrowly drawn but pointedly aimed. It obliges firms with digital-services sales of at least €750 million worldwide, and at least €25 million in France, to hand over 3 per cent of their French revenue under a levy designed to capture the largest technology platforms. The intended targets are American giants such as Google and Amazon, though the net also catches non-US operators including the Netherlands’ Booking.com and China’s Alibaba.

For Macron, the principle matters as much as the money. Several European governments have adopted similar measures, Britain’s own version has drawn hundreds of millions of pounds from US tech groups since its introduction, and conceding to Washington over French law would set an awkward precedent for the bloc as a whole. With both leaders dug in and the G7 cameras about to roll, the champagne corks in Evian may stay firmly in place.

Amy Ingham

Amy is a newly qualified journalist specialising in business journalism at Business Matters with responsibility for news content for what is now the UK’s largest print and online source of current business news.

Summary

Solar power is Thailand’s master key in the fight against global warming. It is cheap, popular, and promoted by the state. But beneath the success story lies a big question: what happens when millions of panels begin to die? 

Without proper measures, Thailand’s clean energy rush risks dumping a toxic legacy on the next generation. 

Under pressure from climate change, the government has accelerated its push towards reducing greenhouse gas emissions and achieving carbon neutrality. Solar energy sits at the centre of this strategy. With falling costs and policy support, installed capacity has grown at remarkable speed—from just 2.5 megawatts two decades ago to nearly 5,000 megawatts today—and continues to expand across all sectors. 

The latest tax incentives for rooftop solar reinforce this momentum, signalling another push into the clean energy era. 

The problem is that the policy conversation still ends at installation. What comes after—the full life cycle of solar panels—remains largely unplanned. 

Policymakers must look beyond installation, or Thailand’s clean energy dream will drown the country in waste. 

For solar to be genuinely clean and sustainable, the country must look beyond how many panels are installed. It must pay equal attention to what happens when those panels reach the end of their life. 

Promoting mass adoption without a clear system for managing old panels may help tackle climate change in the short term. In the long term, it creates a new environmental problem—one that future generations will be forced to clean up. 

Most solar panels last around 25 to 30 years before efficiency drops and they must be removed. Under current installation trends, Thailand’s solar waste will continue to rise steadily. 

By 2030, cumulative discarded panels could reach around 9,900–57,200 tonnes. By 2032, this will increase to 17,900–78,100 tonnes. By 2050, the figure is expected to surge to between 431,000 and 728,000 tonnes. 

The annual burden is no less alarming. Because of the installation boom between 2010 and 2020, Thailand is likely to face 18,700–28,900 tonnes of solar waste per year by 2040. A decade later, this could rise to 44,600–66,200 tonnes annually. 

Alongside the sheer volume, there is the problem of what these panels contain. By 2040, accumulated solar waste is expected to hold significant amounts of heavy metals, including 3.0–17.2 tonnes of lead and 6.9–40.0 tonnes of antimony. Without a clear and effective management system, these substances pose real risks to both the environment and public health. 

Yet Thailand still lacks a clear framework for end-of-life solar management. Existing guidelines focus on landfill, incineration, or exporting waste abroad. These options are risky, environmentally harmful and offer little protection against toxic leakage. 

At present, Thailand has no clear system for managing end-of-life solar panels. There are only guidelines from the Energy Regulatory Commission that are limited to landfill, incineration, or exporting waste for treatment abroad. These options carry high risks of pollution from heavy metal leakage, especially lead and antimony. 

The problem is not only ecological. It has an economic cost. Uncertainty over solar waste disposal has become an investment risk. The CASE Thailand Report (2024) notes that the lack of a clear policy framework on disposal forces solar rooftop projects to add a “risk premium” of around 0.5–0.6% to cover future waste management costs, for which responsibility mechanisms remain unclear. 

There is also a quieter loss. Without recycling, Thailand is throwing away valuable resources. Discarded panels contain copper and silver worth hundreds of millions—and potentially billions—of baht. By 2040, the value of materials lost in solar waste could range from 281 million to 3.7 billion baht. 

The climate cost is just as troubling. Studies show that failing to recycle solar panels almost doubles the carbon footprint of solar electricity itself. In other words, a technology meant to cut emissions ends up carrying a much heavier climate burden than it should. 

So what can Thailand do? 

The problem is not a lack of technology. It is a lack of policy. 

First, responsibility must be clearly defined for producers and polluters. Laws based on Extended Producer Responsibility or the Polluter Pays Principle should spell out who pays for what—from collecting old panels to reuse, recycling, and final disposal. Without clear rules, everyone benefits from solar, but no one takes responsibility for its waste. 

Second, Thailand needs to know what it owns. A national tracking system should record every panel from import to decommissioning. Without a central registry, planning is guesswork and accountability is impossible. 

Third, dead panels should not all be treated as rubbish. Many can still be reused. Proper collection and sorting systems would keep usable panels in circulation and reduce the volume sent for recycling. 

Fourth, recycling itself needs proper rules. Domestic plants require clear environmental, technological, and safety standards, backed by certification and incentives to invest in better recovery technologies. 

Finally, Thailand must invest in the long game. That means supporting research and development in new recycling technologies, designing panels that are easier to dismantle, and building the industries needed to manage solar waste over decades, not just the next few years. 

Only then can solar power be considered truly clean—not just when it is switched on, but when it is finally switched off. This would also open new opportunities for Thailand to build a recycling and circular economy. Both are vital to the energy transition and carbon neutrality. 

Whether Thailand gets there depends on decisions made now. The energy transition will be judged not only by how much clean power it produces but also by how responsibly it deals with the waste it leaves behind. 

Nattaphorn Buayam ,PhD, is a researcher fellow and Pitnaree Polsomboon is a researcher at the Thailand Development and Research Institute (TDRI). Policy analyses from the TDRI appear in the Bangkok Post on 11 March 2026.

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Other People are Reading

The Nasdaq Composite surged 1.91% on Thursday, closing at a record 26,517.93, up 496.28 points, as a blockbuster semiconductor partnership announcement and easing Middle East tensions combined to power one of the tech-heavy index’s strongest single-day rallies in recent weeks heading into the three-day Juneteenth holiday weekend.

U.S. equities closed higher on Thursday, as tech strength and optimism over the U.S.-Iran deal offset concerns over a hawkish Federal Reserve. The S&P 500 advanced 1% and the Nasdaq 100 gained 1.9%, while the Dow rose by 72 points.

Intel’s Surprise Apple Partnership Drives the Rally

The single most significant catalyst behind Thursday’s tech-sector surge was a surprise announcement involving two of the most closely watched names in American semiconductor and consumer electronics manufacturing. Intel surged 10.6% after President Trump announced that the semiconductor giant would produce chips for Apple in the U.S.

The announcement sent ripples across the entire chip sector, lifting a broad swath of semiconductor names that had struggled earlier in the month. The news lifted the broader chip sector, with Nvidia up 2.8% and Micron Technology climbing 8.5%.

AI powerhouse Nvidia continued its upward trajectory, gaining 1.77% to reach $225.01 on news of increased infrastructure spending. The stock’s continued strength reflected ongoing investor enthusiasm for companies positioned at the center of the artificial intelligence buildout, even amid broader market uncertainty tied to monetary policy.

Easing Middle East Tensions Add Further Support

Beyond the chip sector catalyst, broader market sentiment continued to benefit from the formal signing of an interim peace agreement between the United States and Iran, which has helped calm fears of sustained volatility in global energy markets. The interim peace agreement signed by the U.S. and Iran, which includes the reopening of the Strait of Hormuz, raised hopes for an end to the conflict and eased concerns about volatile energy prices.

That improved geopolitical outlook extended its benefits beyond the technology sector and into other parts of the market sensitive to energy costs and global stability. Airlines also saw strong gains, with American Airlines rising 3.3%.

The Hawkish Fed Backdrop That Preceded the Rally

Thursday’s gains came as markets continued working through the implications of a notably hawkish signal delivered by the Federal Reserve just one day earlier. The Federal Reserve kept rates steady, with half of officials signaling that at least one rate increase may be warranted this year.

That hawkish dot plot had triggered a sharp selloff in the prior session, making Thursday’s recovery all the more notable. Equity indexes rose and yields were flat Thursday ahead of the open as investors recovered some of the ground lost after the Federal Reserve, in Kevin Warsh’s first meeting as chair, indicated the possibility of a rate hike this year.

The Dow Jones Industrial Average had lost more than 500 points Wednesday and the S&P 500 slumped 1.2% as hopes for a more dovish Fed were quickly dashed, with all 11 of its sectors closing in the red.

Volatility Eases Sharply

The combination of the Intel-Apple announcement and the formalized Iran peace deal appeared to substantially calm investor anxiety that had built up earlier in the week. The CBOE Volatility Index, often referred to as Wall Street’s fear gauge, fell sharply by 11.06% to 16.40, a notable decline that reflected renewed confidence among traders heading into the long holiday weekend.

Strength Extended Across Major Indexes

Thursday’s rally was not confined to the Nasdaq alone, with virtually every major U.S. benchmark posting solid gains during the session. The S&P 500 closed up 1.08% at 7,500.58, while the Russell 2000 Index, which tracks smaller companies, gained 2.12%.

Dow Futures also trended higher throughout the session, rising 95.00, or 0.18%, to reach 52,039.00, signaling continued optimism among traders looking ahead to the next full trading session.

International Markets Largely Joined the Advance

The positive sentiment driving U.S. markets Thursday extended to several major international exchanges as well, though the response was not uniform across every region. Japan’s Nikkei 225 climbed 1.65%, Germany’s DAX rose 0.37%, and France’s CAC 40 gained 0.44%.

Not every overseas market participated in the rally, however. Hong Kong’s Hang Seng Index declined 1.59%, and London’s FTSE 100 fell 1.04%, illustrating that the optimism driving U.S. trading was not universally shared across global markets, with some regions continuing to grapple with their own distinct sets of economic and geopolitical pressures.

A Narrow but Powerful Rally

Despite the strength of Thursday’s headline numbers, market analysts noted that the rally’s underlying composition was relatively concentrated rather than broad-based. The primary narrative driving the market on Thursday was the resilience of industrial manufacturing and AI-driven hardware, which managed to offset broader weakness in enterprise software and consumer retail. While the index reached new heights, the narrow breadth of the rally suggested selective investor sentiment as the market digested new economic data.

That narrow breadth was reflected in the mixed performance among individual technology and consumer names even as the overall index surged. Software giant Salesforce fell 1.64% to $168.45 during the session, demonstrating that not every corner of the technology sector shared in the day’s broader enthusiasm, even as semiconductor and AI infrastructure names led the charge higher.

Markets Now Closed for the Juneteenth Holiday

With Thursday’s record-setting session now complete, U.S. markets will remain closed for the remainder of the week in observance of a federal holiday. The New York Stock Exchange and the Nasdaq will be closed for trading on June 19, 2026, in observance of the federal holiday of Juneteenth. Both major stock exchanges first closed for the holiday in 2022, after Juneteenth was designated as a federal holiday in 2021.

The stock and bond markets will reopen Monday, June 22, and it will be business as usual on Wall Street for a few days, with the next scheduled market closure coming Friday, July 3, in observance of Independence Day.

Heading into the long holiday weekend, Thursday’s powerful close leaves the Nasdaq at a fresh record high, with investors set to return Monday to assess whether the combination of strong AI and semiconductor momentum, improving geopolitical conditions in the Middle East, and lingering uncertainty over the Federal Reserve’s rate path can sustain the index’s recent upward trajectory. Given the narrow, hardware-and-chip-concentrated nature of Thursday’s advance, market watchers will be closely monitoring whether sectors like enterprise software and consumer retail — which lagged notably during the session — can join the rally once trading resumes next week, or whether Thursday’s gains prove to be a more selective, short-lived response to a single high-profile corporate announcement.

Stock markets, most banks, and the United States Postal Service are closed Friday in observance of Juneteenth, the federal holiday commemorating the end of slavery in the United States, while private shipping carriers like FedEx and UPS continue operating on their normal schedules.

Juneteenth’s Status as a Federal Holiday

Juneteenth is specified by law to be a federal holiday for federal employees in the U.S., according to the U.S. Office of Personnel Management. Juneteenth was officially recognized as a federal holiday by President Joe Biden in 2021, making it one of the newest additions to the official federal holiday calendar.

The holiday commemorates June 19, 1865, when news of the abolition of slavery finally reached enslaved people in Texas, more than two years after the Emancipation Proclamation had taken effect. The date has been celebrated informally within Black communities across the country for generations, long before its formal federal recognition five years ago.

Stock Markets Are Closed

The stock markets on the New York Stock Exchange and Nasdaq are closed for trading on Juneteenth, Friday, June 19, 2026. The Securities Industry and Financial Markets Association also recommended bond markets close for the holiday.

This marks the fifth year that Wall Street has formally observed the holiday with a full market closure, following its initial federal recognition in 2021. Trading is scheduled to resume as normal on Monday, June 22, when both major exchanges reopen for regular business hours.

Most Banks Will Be Closed

Most banks will be closed on Juneteenth, or Friday, June 19, 2026, according to the Federal Reserve. That closure affects the vast majority of major financial institutions across the country, meaning customers seeking in-person banking services, loan processing, or other branch-based transactions should expect delays until the next business day.

Customers needing to perform basic transactions can typically still access ATM services during the holiday, though any deposits or withdrawals made on Friday generally will not post to accounts until the following business day at the earliest.

No Mail Delivery From USPS

The United States Postal Service will be closed, and mail will not be delivered on Juneteenth, Friday, June 19, 2026. As a federal agency, USPS observes all official federal holidays with a full closure of post office locations and a pause in regular mail delivery routes. Customers expecting mail deliveries on Friday should anticipate that service resuming once normal operations restart following the holiday.

FedEx Remains Open

In contrast to the Postal Service, FedEx will be open on Juneteenth, Friday, June 19, 2026, with all delivery options expected to operate as normal. As a private shipping company rather than a federal agency, FedEx is not required to observe federal holidays in the same manner as government entities, and the company has continued normal operations on Juneteenth since its federal designation in 2021.

UPS Also Operating Normally

The UPS Store is open, and UPS delivery and pickup services are available on Juneteenth, Friday, June 19, 2026. Like FedEx, UPS operates as a private company and has maintained regular service schedules on the holiday, giving customers continued access to shipping, package pickup, and delivery services without disruption.

A Patchwork of State-Level Recognition

While Juneteenth carries the same status as other established federal holidays at the national government level, its recognition varies considerably from state to state, creating a patchwork of observance across the country. While a federal holiday, Juneteenth is not recognized as a state holiday in Indiana, meaning state government offices and operations within that state may continue functioning normally even as federal offices, the stock market, and the Postal Service observe the closure nationwide.

That variation between federal and state-level recognition has remained a point of ongoing discussion since Juneteenth’s elevation to federal holiday status, with some states formally adopting it as an official state holiday with corresponding government office closures, while others, including Indiana, have not extended that same level of recognition at the state government level.

What This Means for Planning Around the Holiday

For anyone navigating Friday’s holiday schedule, the basic pattern follows a familiar structure seen across other federal holidays throughout the year: government-run institutions and federally regulated markets close, while privately operated shipping and retail businesses largely continue normal operations.

Specifically, that means anyone with banking needs, mail to send or receive, or stock trades to execute should plan around Friday’s closures and expect those services to resume Monday. Meanwhile, anyone needing to ship a package through FedEx or UPS, or simply needing to run errands at most retail stores and restaurants, should encounter business largely as usual.

Looking Ahead to the Next Holiday Closure

With Friday’s Juneteenth closures now in effect, the next scheduled disruption to the federal holiday calendar and corresponding market closures will not arrive until Independence Day. Markets, banks, and the Postal Service are scheduled to observe their next federal holiday closure on Friday, July 3, 2026, in recognition of the Fourth of July holiday weekend.

In the meantime, Monday, June 22, will mark a full return to normal operations across financial markets, banking services, and postal delivery, bringing the brief three-day holiday weekend disruption to a close as the new trading week begins.

American Express has agreed to buy TheFork, the restaurant booking app owned by Tripadvisor, for $700 million, in a move that hands the card giant one of Europe’s largest dining platforms and a firmer foothold in its fastest-growing market.

The all-cash deal, announced by American Express, will lift the group’s bookable dining network to 75,000 venues and reinforce an international business that has outpaced the rest of the company for years. The transaction is expected to complete by the end of 2026, subject to regulatory approval.

For Amex, dining has become far more than a perk. Rafa Marquez, president of international card services, said owning TheFork would strengthen the group’s ability to put its members in front of the restaurants they want. “Dining is one of the most important ways people engage with our brand,” he said. “TheFork has built a successful platform across Europe with strong relationships throughout the restaurant industry that would complement our existing capabilities.”

The purchase is the latest step in a dining strategy that Amex has been building for the best part of a decade. It bought the reservations platform Resy in 2019, which now offers cardholders early notifications and access to hard-to-get tables, and two years ago completed a $400 million acquisition of Tock, a booking business first launched in 2014. The group has also been broadening its small-business proposition and, through its restaurant grant programme, has positioned itself as a backer of independent operators at a difficult moment for the sector.

Founded in Paris in 2007, TheFork lets diners find and book tables online and works with more than 50,000 restaurants across 11 European countries, including the UK, France, Germany, Spain and Italy. Almir Ambeskovic, its chief executive, said the company was created “to help restaurants thrive and to make it easier for diners to discover and enjoy great restaurants”. He added: “American Express shares our commitment to innovation, service and hospitality. Together, we have a unique opportunity to accelerate our mission, bringing even more value to restaurants while creating richer and more seamless experiences for millions of diners across Europe.”

The sale comes after sustained pressure on Tripadvisor, which has struggled to shake off pandemic-era disruption and competition from rivals such as Booking Holdings and Airbnb, as well as newer entrants reshaping the online booking market, including Google’s AI-powered reservation tool. The activist investor Starboard Value had pushed the company to sell TheFork, which it has owned since 2014. Jeff Smith, Starboard’s chief executive, argued last October that TheFork was the least-integrated and easiest part of the business to break off, before the hedge fund grew more agitated in February, criticising the pace of Tripadvisor’s strategic review and urging management to explore a sale of the whole company.

Stephen Squeri, chairman and chief executive of American Express, said he was “excited about the opportunity to deepen our relationship with Tripadvisor”, adding that the two firms could “create even greater value for customers and partners” across dining, travel and experiences. Matt Goldberg, Tripadvisor’s chief executive, said the deal reflected “the tangible value” across the group’s portfolio.

The market reaction was positive on both sides. Tripadvisor shares, which have fallen more than 65 per cent over five years, closed up 1.2 per cent in New York on Monday night, while American Express shares ended the day 3.1 per cent higher.