GSK Unveils $2.52 Billion Cost-Cutting Plan to Accelerate Drug Pipeline 
BHP, Port Hedland Unions Fail to Reach Wage Deal as Negotiations Continue 
Galp Shares Fall After Q2 EBITDA Miss Despite Profit Beat and Higher Dividend 
Brown-Forman Rejects Sazerac’s $15 Billion Takeover Bid as Family Backs Independence 
Rio Tinto Stock Jumps as Strong Earnings, Higher Dividend and AI Metal Demand Boost Outlook 
TeamViewer Shares Fall Despite Profit Growth as ARR and Customer Base Decline 
Zhongji Innolight Raises $6.8 Billion in Hong Kong IPO as AI Demand Fuels Growth 
Seagate Stock Jumps as AI-Fueled Earnings Beat and Strong FY2027 Outlook Impress Investors 
Philips Shares Slide 10% Despite Earnings Beat as Weak Orders Raise Growth Concerns 
TSMC Gradually Restarts Japan Chip Plant After Kumamoto Earthquake 
Tech Stock Positioning Nears Neutral as Investor Rotation Enters Final Phase, Deutsche Bank Says 
Exosens H1 Profit Beats Forecasts as Defense Demand Drives Growth 
Standard Chartered Beats Profit Forecasts as First-Half Earnings Rise 9% 
Air Liquide Q2 Sales Growth Tops Forecast as Electronics Business Drives Strong Performance 
X Challenges Australia’s Expanded Social Media Ban Enforcement Powers 
Zabka Shares Drop 10% as Seven & i Abandons Investment Plans 
Serica Energy to Acquire Pharos Energy for £145.7M, Sending PHARP Shares Soaring 
Doosan Heavy Industries & Construction Co. (DHIC) improved its financial status health on the back of Doosan Group's self-rescue plan, which involved selling new shares and assets.
It also received a financial boost from its holding company Doosan Corp. and key shareholders.
NICE Investors Service s, a local rating appraiser, retained DHIC's long-term rating at BBB, the lowest tier of investment-grade.
It has been on the credit watch list due to lingering uncertainties over cash flow.
In March, DHIC borrowed cash worth 3 trillion won from its creditors and state-run banks -- the Korea Development Bank and the Export-Import Bank of Korea -- to brace itself for its short-term debts worth 4.2 trillion won, which should be paid within this year.
On Sept. 4, DHIC announced its plan to sell new shares and assets of the power plant builder and assets of the holding company Doosan to satisfy its 3 trillion-won debt.
Analysts said that DHIC failed to keep up with the times with the size of the global coal-fired power plant market has been contracting since 2015 when the Paris Agreement, a landmark environmental deal, was adopted to cut greenhouse gas emissions.
