Asics Considers Onitsuka Tiger Spinoff as Luxury Sneaker Brand Expands Globally 
Changchun Targets EV Growth as China’s Auto Industry Consolidation Accelerates 
Naver Stock Jumps on NVIDIA Partnership to Build South Korea’s AI Infrastructure 
Oil Prices Fall Despite Rising U.S.-Iran Tensions as Markets Watch Strait of Hormuz Developments 
New Zealand Unemployment and Inflation Debate Intensifies Ahead of 2026 Election 
BOJ Rate Hike Expectations Rise as Weak Yen and Strong U.S. Jobs Data Increase Pressure 
US Dollar Dips as Middle East Tensions Ease; Markets Await Key US Inflation Data 
Wall Street Ends Mixed as Iran Tensions, OpenAI IPO Filing, and Inflation Concerns Weigh on Markets 
Oil Prices Surge Above $93 as Trump Escalates Iran Pressure and Strait of Hormuz Tensions Deepen 
Japan Wholesale Inflation Accelerates to 6.3% in May, Exceeding Forecasts 
Sigma Healthcare Shares Slide Amid Preliminary Boots Acquisition Talks 
China Inflation Misses Forecast as Consumer Spending Stays Weak, Producer Prices Surge 
Wizz Air Beats Profit Forecast as Cost Controls Offset Industry Challenges 
US Stock Futures Slip as New Iran Strikes Weigh on Market Sentiment Ahead of Inflation Data 
Trump Administration Defends Anthropic AI Restrictions in Ongoing Federal Lawsuit 
SpaceX IPO Demand Surges Past $250 Billion Ahead of Historic Market Debut 
South Korea Q1 GDP Growth Revised Higher as AI-Driven Exports Boost Economic Outlook 
Mercedes-Benz will increase its stake in British carmaker Aston Martin years from 2.6 percent to as much as 20 percent over the next three, in exchange for technologies and components of its hybrid and electric powertrains.
The tech transfer is worth $371 million.
According to Aston Martin CEO Tobias Moers, the German brand's technology will be fundamental in ensuring that they remain competitive and allowing them to invest efficiently.
Aston Martin suffered an operating loss of 297 million in the first nine months of the year, with the stock losing two-thirds of its value so far in 2020.
Aston Martin was in rough shape even before the pandemic, battling weak demand for some of its models and a global auto slowdown.
Formula 1 billionaire Lawrence Stroll drove to its rescue in January, leading a group that paid $236 million for 16.7 percent of the company.
Aston Martin then raised an additional $412 million through the issuance of new shares.
However, investors remain unconvinced about the turnaround effort, resulting in the collapse of shares.
