
Chinese Robotics Stocks React as Humanoid Robot Marathon Sparks Competition Concerns
Apr 20, 2026 06:43 am UTC| Business Technology
Chinese robotics stocks showed mixed performance on Monday after a high-profile humanoid robot half-marathon in Beijing highlighted rapid advancements in artificial intelligence and robotics technology. The event drew...

J.P. Morgan Downgrades Essity AB on Rising Costs and Weak Earnings Outlook
Apr 20, 2026 06:34 am UTC| Insights & Views Business
J.P. Morgan has downgraded Swedish hygiene company Essity AB to underweight from neutral, citing mounting cost pressures that are expected to impact profitability over the coming years. The investment bank also reduced its...

Indonesia and Toyota Explore $300M Bioethanol Investment to Boost Renewable Energy Goals
Apr 20, 2026 06:31 am UTC| Business
Indonesia is advancing discussions with Japans Toyota Motor Asia over a potential joint investment in a bioethanol production facility, signaling a major خطوة toward strengthening the countrys renewable energy sector. The...

Nidec Stock Rises After Accounting Probe Report Eases Delisting Concerns
Apr 20, 2026 06:27 am UTC| Business
Nidec Corp (TYO:6594) shares climbed sharply on Monday after the Japanese electric motor manufacturer released its final report addressing improper accounting practices. The stock surged as much as 7.8% to 2,445 yen before...

Eli Lilly in Talks to Acquire Kelonia Therapeutics for Over $2 Billion
Apr 20, 2026 06:23 am UTC| Business
Eli Lilly (NYSE: LLY) is reportedly in advanced negotiations to acquire Kelonia Therapeutics in a deal valued at more than $2 billion, according to a Wall Street Journal report citing sources familiar with the matter. The...

Indian Refiners Use Yuan via ICICI Bank to Pay for Iranian Oil Under U.S. Sanctions Waiver
Apr 20, 2026 06:18 am UTC| Business
Indian refiners have begun settling payments for rare shipments of Iranian crude oil using Chinese yuan, leveraging Mumbai-based ICICI Bank as an intermediary, according to sources familiar with the transactions. This...

Huawei Expands Vietnam Presence Through Strategic Partnership with SHB Bank
Apr 20, 2026 05:31 am UTC| Business Technology
Vietnams Saigon-Hanoi Commercial Joint Stock Bank (SHB) has signed a strategic cooperation agreement with Chinas Huawei Technologies Group, marking a significant step in the tech giants expansion within Vietnams growing...