Meta CEO Zuckerberg Opposes U.S. Ban on Chinese AI Models, Warns Against Overregulation 
Seagate Stock Jumps as AI-Fueled Earnings Beat and Strong FY2027 Outlook Impress Investors 
Stellantis Sells Free2move Car-Sharing Business to Mutares to Strengthen Core Auto Strategy 
Standard Chartered Beats Profit Forecasts as First-Half Earnings Rise 9% 
TSMC Gradually Restarts Japan Chip Plant After Kumamoto Earthquake 
SK Hynix Q2 Profit Hits Record as AI Memory Chip Demand Fuels Growth 
Philips Shares Slide 10% Despite Earnings Beat as Weak Orders Raise Growth Concerns 
Nvidia Eyes $250B Guarantee for OpenAI’s Massive Ohio AI Data Center Project 
X Challenges Australia’s Expanded Social Media Ban Enforcement Powers 
Unilever Raises 2026 Sales Outlook After Strong Q2 Volume Growth 
TeamViewer Shares Fall Despite Profit Growth as ARR and Customer Base Decline 
Zabka Shares Drop 10% as Seven & i Abandons Investment Plans 
CXMT IPO Debut in Shanghai Puts $85.5 Billion Chipmaker in Spotlight 
Air Liquide Q2 Sales Growth Tops Forecast as Electronics Business Drives Strong Performance 
Brown-Forman Rejects Sazerac’s $15 Billion Takeover Bid as Family Backs Independence 
Johnson & Johnson Proposes $5.5 Billion Talc Settlement to Resolve U.S. Ovarian Cancer Lawsuits 
BHP, Port Hedland Unions Fail to Reach Wage Deal as Negotiations Continue 
Hanjin Heavy Industries & Construction Co. workers insist that their jobs should be retained even after the company is sold off and that plans to revive the company should be proposed.
The Korea Development Bank (KDB), Hanjin Heavy's main creditor, finalized the preliminary bid to sell a controlling stake in the shipbuilder on Oct. 26.
Civic groups in Busan, where the Hanjin Heavy shipyard is located, are worried that the shipyard would be converted into an apartment complex if sold to a private equity fund.
There are seven bidders, including private equity funds and Korea Real Estate Investment & Trust Co, to all or part of the 83.45 percent stake in Hanjin Heavy Industries. The books of Hanjin Heavy would be available to them this month.
Creditors will choose the preferred bidder in December.
The stake involved belongs to seven local financial institutions, including KDB, and three Filipino financial institutions that include Rizal Commercial Banking Corporation.
It would take two to three months for the conclusion of the sale, which should be approved by authorities, including South Korea's arms procurement agency, the Defense Acquisition Program Administration.
