Eli Lilly Sues Over Black Market “Retatrutide” as Bank of America Pledges $250B to Infrastructure
Key Takeaways Eli Lilly (LLY) filed six new lawsuits against U.S. entities for selling unapproved, black-market versions of its investigational […]
Tencent Q2 Revenue Beats Estimates as AI Testing Begins; Kuwait Slashes Crude Prices
Key Takeaways Tencent (0700) reported Q2 2026 revenue of 204.79B yuan, exceeding analyst estimates of 202.84B yuan, though net income
IEA Warns of Growing Oil Deficit Amid Middle East Hostilities; Norway Wealth Fund Flags Concentration Risk
Key Takeaways IEA doubles its Q3 2026 oil deficit forecast to 1.8 million bpd due to renewed Middle East hostilities
Putin Warns of Retaliation Over Ship Seizures; Silicon Wafer Prices Surge
Key Takeaways Russian President Vladimir Putin has threatened to respond "in kind" to any Western seizures of Russian trade vessels,
Global Market Update: ABN AMRO Boosts Guidance, Hon Hai Expands US Footprint, and London Faces Job Exodus
Key Takeaways ABN AMRO (ABN) shares surged 6.3% after the bank raised its 2026 commercial net interest income (NII) guidance
Turing Eyes $10 Billion Valuation in U.S. Expansion; Rolls-Royce Secures South Korean Rail Deal
Key Takeaways Japanese startup Turing targets a $10 billion valuation for a potential U.S. or Japanese IPO by 2030, aiming
Foxconn Beats Estimates on AI Surge; Global Markets Digest Inflation Data and Geopolitical Shifts
Key Takeaways Foxconn (2317) reported a significant Q2 earnings beat with operating profit reaching NT$94.80 billion, driven by a massive
South Korea Unveils Strategic “Seed” Growth Projects; Samsung Slashes Chip Design Time with AI
Key Takeaways South Korea has launched seven "seed" technology projects targeting nuclear, quantum, space, and biotech sectors to establish new
TKMS Raises Outlook Amid Rearmament Boom; UK PM Burnham Convenes Emergency COBR Meeting
Key Takeaways TKMS (Thyssenkrupp Marine Systems) raised its 2026 sales growth outlook to 10–12%, up from a previous range of
Japanese Autonomous Driving Startup Targets $10B IPO; Vance Urges Ukraine to Cease Tanker Strikes
Key Takeaways Japanese startup Turing Inc. is targeting a $10 billion valuation for a potential U.S. initial public offering (IPO)