Northern Star Appoints New CEO as Activist Elliott Pushes for Leadership Overhaul 
Meta CEO Zuckerberg Says AI Agent Development Has Slowed Despite Massive AI Investment 
Trump Reports $1.4 Billion in Crypto Income as Digital Assets Become Top Wealth Source 
Tesla Q2 Deliveries Lift Chinese Auto Suppliers as EV Demand Improves 
Apple Expands iPhone Lineup, Boosts Foldable iPhone Production Plans Through 2027 
SK Holdings, KKR Launch $1.3B Renewable Energy Venture in South Korea 
Anthropic Tightens AI Access Controls After Reports of China-Based Workarounds 
Switch Seeks $2 Billion Funding at Nearly $50 Billion Valuation Ahead of Potential IPO 
TetherMax Rebranding Highlights Official Exchange Partnerships as Foundation of Trust 
Sodexo Raises 2026 Revenue Outlook After Strong Q3 Sales Beat 
BHP Workers Approve New Labour Agreement at WA Iron Ore Operations 
SoftBank’s LY Corp, Bain Raise Kakaku.com Bid to ¥670 Billion, Intensifying Takeover Battle 
OpenAI Proposes 5% U.S. Government Stake Amid AI Policy Talks 
Super Micro Employees Detained in Taiwan AI Server Export Investigation 
Kioxia Bets on AI Memory Boom With Next-Gen NAND Production in Japan 
DOJ Seeks Dismissal of Fraud Charges Against Gautam Adani in U.S. Court 
A Dongbu Corp.-led consortium was chosen as the preferred bidder group by creditors for the 83.45 percent stake of Hanjin Heavy Industries & Construction Co.
The Hanjin stake was 63.44 percent owned by the seven South Korean financial institutions and 20.01 percent by three Filipino financial firms.
The group of Hanjin's creditors was led by the Korea Development Bank.
The Dongbu-led consortium, which beat two competitors, including a group led by SM Line Corp., said it expects its acquisition of Hanjin will create synergy in many business areas.
The stake sale is expected to be concluded early next year after gaining approval from authorities, including South Korea's arms procurement agency, Defense Acquisition Program Administration.
Hanjin Heavy, which has been fully dedicated to building battleships, suffered from capital erosion last year due to the troubles at its Subic shipyard in the Philippines.
