Nvidia Eyes $250B Guarantee for OpenAI’s Massive Ohio AI Data Center Project 
Galp Shares Fall After Q2 EBITDA Miss Despite Profit Beat and Higher Dividend 
Johnson & Johnson Proposes $5.5 Billion Talc Settlement to Resolve U.S. Ovarian Cancer Lawsuits 
Unilever Raises 2026 Sales Outlook After Strong Q2 Volume Growth 
Philips Shares Slide 10% Despite Earnings Beat as Weak Orders Raise Growth Concerns 
Exosens H1 Profit Beats Forecasts as Defense Demand Drives Growth 
Barclays Q2 Profit Beats Forecasts as Investment Banking Strength Offsets Higher Costs 
Meta CEO Zuckerberg Opposes U.S. Ban on Chinese AI Models, Warns Against Overregulation 
Zabka Shares Drop 10% as Seven & i Abandons Investment Plans 
Zhongji Innolight Raises $6.8 Billion in Hong Kong IPO as AI Demand Fuels Growth 
X Challenges Australia’s Expanded Social Media Ban Enforcement Powers 
TeamViewer Shares Fall Despite Profit Growth as ARR and Customer Base Decline 
Stellantis Sells Free2move Car-Sharing Business to Mutares to Strengthen Core Auto Strategy 
ASML, Applied Materials Slide as China DUV Chip Equipment Breakthrough Sparks Market Jitters 
Nvidia Invests $1 Billion in Naver as South Korea AI Data Center Expansion Gains Momentum 
Seagate Stock Jumps as AI-Fueled Earnings Beat and Strong FY2027 Outlook Impress Investors 
CXMT IPO Debut in Shanghai Puts $85.5 Billion Chipmaker in Spotlight 
India’s Future Retail Ltd insists that a Singapore arbitrator’s order in its dispute with Amazon.com Inc is void under Indian law and not binding on the company.
A Singapore arbitrator ruled that FRL’s deal to sell its retail assets to Reliance Industries for $3.4 billion violated pre-existing agreements it had with Amazon.
FRL, who wanted to press on with its deal with Reliance without delays, said that it is in the process of taking legal action to protect its rights.
Amazon had complained to India’s market regulator Securities and Exchange Board of India (SEBI), alleging FRL misled shareholders by claiming that it was complying with its contractual obligations.
FRL is urging the market regulator and the Indian stock exchanges to continue to review its deal with Reliance for approval.
According to Amazon, a 2019 deal it had with a Future unit specified that the Indian group couldn’t sell its retail assets to those on a “restricted persons” list that includes Reliance chief Mukesh Ambani’s group.
The deal also specified that the Singapore International Arbitration Centre would be the proper forum for any disputes.
