Alphabet Q2 Earnings Beat Estimates as AI Spending, Google Cloud Growth Fuel Outlook 
US Stock Exchanges Face Earnings Test as Trading Boom Meets Crypto Competition 
India FMCG Q1 Earnings Preview: Higher Input Costs Likely to Weigh on Profit Margins 
Nvidia Reveals 9.3% Stake in AI Cloud Firm Nebius Following $2 Billion Investment 
Gold Price Surges Above $4,100 as Middle East Tensions Boost Safe-Haven Demand 
Super Micro Computer Stock Jumps 20% After Record AI Orders and Margin Surge 
Rubio Rejects AI ‘Kill Switch’ Claims as U.S. Defends American Technology Abroad 
Oil Prices Rise as Houthi Attacks on Saudi Tankers Heighten Middle East Supply Fears 
SpaceX Q2 Earnings on Aug. 4 Set Stage for Historic Insider Share Unlock 
Chalco Shares Jump as Chinalco Plans Up to $300 Million Stake Increase 
Wistron Opens $700M Texas AI Factory to Build Nvidia GB300 Superchips 
Ryanair Warns Summer Airfares May Stay Lower as Quarterly Profit Misses Estimates 
Asian Currencies Hold Steady as Middle East Tensions Boost US Dollar, Oil Concerns 
Houthi Naval Blockade on Saudi Arabia Escalates Iran Conflict, Threatens Global Oil Supply 
Gold Price Jumps Near 2% Above $4,080 as Middle East Tensions Lift Safe-Haven Demand 
Domino’s Weighs Appeal After Australian Court Rules Workers Were Misled on Pay 
Scandinavian Tobacco Group Sells BREAK and Moro Brands to Japan Tobacco for €176 Million 
Hyundai Heavy Industries revealed on Monday, Dec. 26, that it is rebranding the company. It has unveiled its new logo and name, which is said to be a move to open a new chapter in its 50-year history as South Korea’s leading shipbuilder.
Hyundai Heavy Industries will not be called HD Hyundai. This is actually the same moniker that it has used for its holding firm since August, so the company is already familiar with the new name.
As per The Korea Times, the company held a ceremony to announce its new name along with its new vision. The event was held at its Global R&D Center (GRC) located in Seongnam, Gyeonggi Province.
The place is a 20-story building that is now serving as its new headquarters. HD Hyundai was previously based in Jongno District in downtown Seoul. Under its new name, the company hopes to help in laying the groundwork for the future of humanity through innovation.
Its energy unit vowed to bring about a sustainable future energy ecosystem while its industrial machinery business shared it will attempt to provide industrial solutions that will go beyond the spatiotemporal limits.
"Today is the day our group restarts at GRC with a new name, HD Hyundai," Kwon Oh Gap, HD Hyundai’s chairman, said as he delivered his congratulatory speech. "Our past 50 years were a glorious history as we decorated one page of Korea's economic development. In the next 50 years, we will make history through innovation and creativeness of integrating technology, the environment and digital."
Chung Ki Sun, HD Hyundai’s president, also spoke during the event and shared the company’s specific new goals as it works toward the future. "Our leaders will make preemptive efforts to make our employees want to work at our company and enable their dreams to come true at our company and we will create a smarter working environment and corporate culture," he said.
Meanwhile, The Korea Herald reported that during the ceremony, the company’s 1,000 employees, including the executives launched paper airplanes that carry messages of encouragement for the rebranded Hyundai Heavy Industries.
