OpenAI Files Confidential IPO Draft as AI Giants Race Toward Public Markets 
GM and Peak Energy Partner to Advance Sodium-Ion Battery Technology for Grid Storage 
oOh!media Takeover Battle Intensifies as Bain Capital Joins Competing Bids 
Asian Stocks Slide, Oil Prices Climb as Middle East Tensions and Inflation Fears Shake Markets in 2026 
European Stocks Rise Ahead of ECB Rate Decision as Investors Buy the Dip 
Adobe Beats Q2 2026 Estimates, Raises Full-Year Outlook as AI Revenue Surges Despite Stock Drop 
Trump Says Iran Peace Deal Near as Markets Rally and Oil Prices Fall 
CrowdStrike Beats Q1 FY2027 Expectations, Raises Outlook Despite After-Hours Stock Decline 
Oil Prices Surge Above $93 as Trump Escalates Iran Pressure and Strait of Hormuz Tensions Deepen 
US Officials Explore AI Company Equity Stakes Ahead of OpenAI and Anthropic IPO Plans 
Jensen Huang Strengthens Nvidia’s South Korea Ties Amid AI Expansion 
US Stock Futures Rise on Iran Peace Deal Hopes as SpaceX Debuts After Record IPO 
EngineAI Files for Hong Kong IPO Amid Rising Demand for AI and Robotics Stocks 
Oracle Stock Falls Despite Earnings Beat as Company Plans $40 Billion Financing for FY2027 
Hanmi Semicon Shares Surge After $33 Million SpaceX Investment 
Japan Producer Prices Surge in May, Strengthening Expectations of BOJ Rate Hike 
Pakistan Economy Grows 3.7% in FY2026 Amid Strong Fiscal Performance 
Nike Korea joins forces with Doosan Logistics Solutions Co. (DLS) for a groundbreaking logistics partnership to bolster automated solutions for their expansive sneaker production in the region.
Moreover, the agreement between Nike Korea and Doosan Logistics Solutions reportedly broke the record for the largest order, where the Korean logistics firm agreed to extend comprehensive services, starting from design to installing automated equipment to fitting the system, as per The Korea Economic Daily.
Doosan Logistics Solutions is a system integrator company that offers complete solutions. On Tuesday, Aug. 29, it revealed that it had secured a contract for Nike's Icheon Customer Service Center's (CSC) second expansion project.
The company explained that the deal with Nike is an extension of the first Nike Icheon expansion awarded two years ago. This is said to be the biggest project in the entire history of Doosan Logistics.
"We have gained recognition for our expertise and reliability not only among distribution and e-commerce customers but also in the manufacturing sector," a source from the company stated. "We will continue to expand our contracts by supplying state-of-the-art logistics automation systems and smart factory solutions tailored to the needs of individual customers."
Hankook Ilbo reported that as a follow-up to the 2021 Nike Icheon CSC, the initial project, the new contract states that Doosan will supply logistics automation solutions to Nike Korea's facilities, including warehouse control systems.
The latest expansion will be for the automation that will allow Nike to process and store 200,000 boxes. The aim is to allow the storage of these packages on a shuttle rack that can be as high as 26 meters. This storage is a type of shelf with automated shuttles for easy storing and retrieval of boxes.
Meanwhile, an official of DLS said they will continue to add more orders and provide state-of-the-art logistics automation systems and smart factory solutions to Nike and other companies.
Photo by: Craig Lovelidge/Unsplash
