Business — Morning Digest — 2026-06-30

Business — Morning Digest — 2026-06-30

Generated Tue, 30 Jun 2026 08:01:51 GMT

Homes harder to sell as high mortgage rates frustrate buyers

Three in five homes listed for sale since January remain on the market, according to property portal Zoopla. High mortgage rates are frustrating buyers and making it harder for properties to sell.

  • Three in five homes listed for sale since January remain on the market
  • Property portal Zoopla provided the data
  • High mortgage rates are frustrating buyers

Source: BBC News

India's biggest share sales reflect a nation hooked on smartphones

The article highlights how the stock market debut of NSE and the success of Jio Platforms exemplify India's dramatic shift in consumption, investment, and transaction habits over the past decade, driven by widespread mobile phone usage.

  • NSE and Jio Platforms represent India's transformative digital economy.
  • The article ties major share sales to the country's mobile-centric behavior.
  • Changes in consumption and investment are linked to smartphone adoption.

Source: BBC News

Chinese tycoon Guo Wengui sentenced to 30 years in US prison

Chinese businessman Guo Wengui, who presented himself as a critic of China, has been sentenced to 30 years in a US jail for running fraudulent schemes that attracted followers.

  • Guo Wengui was sentenced to 30 years in US prison.
  • He branded himself as a critic of China.
  • He gained followers who backed his fraudulent schemes.

Source: BBC News