Barclays Q2 Profit Beats Forecasts as Investment Banking Strength Offsets Higher Costs 
TSMC Gradually Restarts Japan Chip Plant After Kumamoto Earthquake 
GSK Unveils $2.52 Billion Cost-Cutting Plan to Accelerate Drug Pipeline 
Meta Stock Drops After Earnings Miss as AI Spending and Legal Costs Weigh on Profit 
X Challenges Australia’s Expanded Social Media Ban Enforcement Powers 
Chipotle Q2 Earnings Beat Expectations as Sales Growth Drives Higher 2026 Outlook 
Samsung Q2 Profit Surges on AI Memory Chip Demand, Forecasts Strong Second Half 
Rio Tinto Stock Jumps as Strong Earnings, Higher Dividend and AI Metal Demand Boost Outlook 
Air Liquide Q2 Sales Growth Tops Forecast as Electronics Business Drives Strong Performance 
SpaceX Wins $1.6 Billion U.S. Space Force Launch Contracts for Falcon 9 Missions Through 2027 
Sika Raises 2026 Sales Outlook After Strong First-Half Results Beat Expectations 
Stellantis Sells Free2move Car-Sharing Business to Mutares to Strengthen Core Auto Strategy 
Microsoft Stock Jumps as Azure Growth, AI Revenue Beat Expectations 
Starbucks Stock Jumps as Q3 Earnings Beat, Sales Growth Drives Higher 2026 Outlook 
BHP, Port Hedland Unions Fail to Reach Wage Deal as Negotiations Continue 
Qualcomm Stock Falls as Weak Q4 Forecast, Apple Revenue Decline Overshadow AI Data Center Growth 
Arm Holdings Q1 Earnings Beat Estimates, Strong Q2 Outlook Fails to Lift ARM Stock 
South Korean shipbuilder Hyundai Heavy Industries Co. (HHI) was fined 970 million won for unfair trade with its subcontractors, the country's Fair Trade Commission (FTC) announced.
The FTC said that HHI stole technologies for the production of pistons used on diesel ship engines from its original subcontractor and passed on the knowhow to another subcontractor in 2016 to produce the same product at a reduced price.
HHI eventually cut trade with its original subcontractor one year later.
The original subcontractor's sales fell 57 percent three months after that, with its operating profit plummeting nearly seven-fold.
The original subcontractor reported the unfair trade to the police and the FTC.
A Hyundai Heavy said that while they respect FTC's judgment, it was somehow different from their stance and would "try to bridge the gap" after reviewing FTC's statement.
