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China Orders State Firms to Speed AI Rollout Across Manufacturing

China's SASAC directed central state-owned enterprises to accelerate AI adoption across manufacturing, from R&D to production and management.

China Unveils Publishing Industry Plan for 2026–2030 With 33 Major Projects

China's National Press and Publication Administration has issued a publishing industry plan through 2030, listing eight priority areas and 33 major project

China Orders State Firms to Speed AI Rollout Across Manufacturing

China's SASAC directed central state-owned enterprises to accelerate AI adoption across manufacturing, from R&D to production and management.

Merz Vows to Stay After CDU Gets 5% in State Vote

Friedrich Merz's CDU received just 5% in Mecklenburg-Vorpommern on Sunday, its worst state result since WWII, but the German chancellor vowed to press on.

Iran Sends US Peace Terms via Qatar as Oil Crosses $100 a Barrel

Iran's security chief says Tehran has sent Washington conditions to end the war through Qatar, including lifting the US naval blockade, as oil crosses $100

Argenx Agrees $2.2 Billion Acquisition of Forte Biosciences to Bolster Autoimmune Pipeline

Argenx has agreed to acquire Forte Biosciences for about $2.2 billion to strengthen its autoimmune drug pipeline, sending Forte shares up roughly 39%.

Global Stocks Rally and Oil Tumbles as US-Iran Tensions Ease Amid Ceasefire Hopes

Global stocks surged and oil prices plunged as easing US-Iran tensions lifted the Dow more than 575 points, with investors welcoming a fragile ceasefire.

D-Wave Quantum Shares Surge After Expanded Partnership with AT&T

D-Wave Quantum shares jumped after expanding its partnership with AT&T to apply quantum computing to complex optimisation problems.

AstraZeneca Chief Urges Western Drugmakers to Match ‘Chinese Speed’ as Shares Rise

AstraZeneca CEO Pascal Soriot warns Western drugmakers risk falling behind faster Chinese rivals as the company's shares rise ahead of earnings.

Brown-Forman Rejects Sazerac Takeover Approach as ‘Not Actionable’

Jack Daniel's maker Brown-Forman has rejected an unsolicited acquisition proposal from rival Sazerac, with its board deeming the approach 'not actionable.'

Oil Prices Ease as US and Iran Pause Attacks, Easing Pressure on Fuel Markets

Brent crude fell 4.9% to $92.02 after the US and Iran refrained from Persian Gulf strikes for a second day, easing pressure on global fuel markets.

CXMT Shares Surge 472% in Shanghai Debut, Valuing Chipmaker at $489 Billion

Chinese DRAM chipmaker CXMT surged 472% on its Shanghai Star Market debut, reaching a $489 billion valuation after raising $8.6 billion in its IPO.

United Approached Delta About Merger Before Turning to American, Reports Say

United Airlines reportedly approached Delta about a merger last year before turning to American, highlighting pressure toward airline consolidation.

Shein Files for Hong Kong IPO After Swinging to Quarterly Loss Despite Revenue Growth

Shein has filed for a Hong Kong IPO after swinging to a quarterly loss despite revenue growth, marking a pivot from earlier London listing plans.

Rising Treasury Yields Signal Market Doubts Over Fed Chair Warsh’s Inflation Stance

Rising U.S. Treasury yields signal deep market anxiety over inflation and whether Fed Chair Kevin Warsh will back tough talk with action on rates in 2026.

Apple and Megacap Tech Anchor Wall Street’s Busiest Earnings Week of the Quarter

Apple and megacap tech companies headline the busiest week of second-quarter earnings, testing a market where one firm is driving S&P 500 growth.

When to Claim Social Security: Weighing Bigger Checks Against Time and Health

Claiming Social Security at 62 means smaller checks, while waiting boosts payouts. Here's how to weigh the trade-offs and build a broader retirement income

Samsung and SK Hynix Seal $950 Billion U.S. Chip Supply Deals Amid AI Boom

Samsung Electronics and SK Hynix have unveiled combined $950 billion U.S. chip supply partnerships as South Korea hosts major AI industry players.

Logistics Stocks Slide After Texas Legal Ruling Rattles C.H. Robinson

Third-party logistics stocks dropped after a Texas legal case against C.H. Robinson raised concerns over freight broker liability across the industry.

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