Business

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

SPIE Bolsters German Industrial Services with SGS Acquisition

SPIE acquires SGS Industrial Services Group to expand its industrial services in Germany, strengthening its value chain and market position.

SpaceX Poised for Record-Breaking IPO, Filing Expected This Week

SpaceX is reportedly preparing to file for its IPO this week, targeting a record-breaking valuation of over $75 billion driven by its Starlink service and ambitious future projects.

Oil Prices Seesaw Around $100 Amid Geopolitical Crosscurrents

Explore the fluctuating oil prices around $100, driven by US-Iran tensions and shifting ceasefire optimism. Understand the geopolitical and economic impacts.

Agileo Automation Unveils Agil’EDA to Streamline Semiconductor Data Acquisition

Agileo Automation launches Agil'EDA to accelerate SEMI EDA adoption for semiconductor equipment OEMs, offering a future-ready solution for high-performance connectivity.

Thermo Fisher Scientific Seals $8.875 Billion Deal for Clario Holdings, Bolstering Clinical Trial Data Capabilities

Thermo Fisher Scientific completes $8.875 billion acquisition of Clario Holdings, enhancing its clinical trial data solutions and biopharma services.

China’s Central Bank Boosts Liquidity with Fresh MLF and Reverse Repo Actions

China’s central bank injected additional liquidity into the banking system via a net MLF injection and reverse repo operations, marking ongoing policy support for stable market conditions.

Haymaker Acquisition Corp. 4 Secures Non-Redemption Agreements, Bolstering Suncrete Merger

Haymaker Acquisition Corp. 4 has entered into non-redemption agreements with investors for its business combination with Suncrete, securing over 4.4 million shares and bolstering merger finances.

Fed’s Barr Signals Extended Rate Hold Amid Inflation Concerns and Geopolitical Risks

Federal Reserve Governor Michael Barr suggests interest rates may need to remain on hold for an extended period due to persistent inflation and rising oil price risks from Middle East tensions.

Suspicious Oil Trades Precede Trump’s Iran Announcement, Sparking Insider Trading Concerns

Suspicious trading activity in oil and stock futures minutes before President Trump's announcement on Iran has raised concerns about potential insider trading. Large bets were placed on oil prices falling just before Trump revealed "productive conversations" with Tehran, leading to a sharp drop in oil prices and sparking investigations.

ECB Signals Readiness to Combat Entrenched Inflation, Kazimir Warns

ECB Governing Council member Peter Kazimir warns of potential action against entrenched inflation, highlighting geopolitical risks and the open nature of future policy meetings.

Everest Medicines Secures Rights to CARDAMYST™ Nasal Spray for Greater China in Up to $50 Million Deal

Everest Medicines acquires rights to CARDAMYST™ (etripamil) nasal spray for Greater China in a deal valued up to $50 million, aiming to enhance its cardiovascular offerings.

Leonardo Strengthens Naval Capabilities with Full Acquisition of GEM Elettronica

Leonardo completes the acquisition of GEM Elettronica, boosting its naval systems and radar technology capabilities. Learn more about the strategic implications.

China Dives Deep: New Tourist Submersible Poised to Unlock Underwater Adventures

China is developing its first tourist submersible to reach depths of 1,000 meters, aiming to launch commercial deep-sea tourism by 2030. Learn about the engineering, safety, and market potential of this new venture.

Venture Global and Vitol Forge 5-Year LNG Partnership

Venture Global and Vitol have signed a five-year agreement for the supply of 1.5 million tonnes per annum of U.S. liquefied natural gas (LNG), commencing in 2026. The deal highlights growing global demand for American LNG.

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