Hermès Stock Downgraded by RBC as Luxury Growth Premium Narrows 
AstraZeneca Halts Phase III Volrustomig Lung Cancer Trial After Efficacy Setback 
Shein Targets $26B-$27B Valuation for Hong Kong IPO 
Coty Revenue Beats Estimates as Beauty Demand Holds Firm 
Google to Buy Spirit Airlines Business Data for $10 Million to Train AI 
Alibaba Sells Lingxi Games for Over $1.5 Billion Amid AI Push 
Samsung Eyes $72 Billion Shareholder Return Plan as AI Chip Boom Fuels Profits 
OpenAI Revenue Rises 18% in Q2 as Losses Widen and Anthropic Surges Ahead 
Anthropic Revenue Run Rate Hits $65 Billion as IPO Plans Accelerate 
REPAY Stock Rises After Visa Platform Connect Collaboration 
Lockheed Martin Secures $153.5 Million in U.S. Defense Contracts 
Goldman Sachs Names 9 Top Japanese Semiconductor and Electronics Stocks 
Standard Chartered Expands Hedge Fund Access for Wealth Clients 
Moody’s Upgrades Vodafone Hybrid Debt Ratings to Baa3 
Moderna Short Sellers Hit With $4.8 Billion Loss as Stock Soars 
OpenAI Tightens AI Safety Monitoring After Security Incidents 
Add as a preferred source on Google
S-Oil inked an investment deal with modified sulfur maker Beomjun E&C to foray into new fields that can create synergy with its refining, lubricant, and petrochemical businesses.
The company also seeks mutual growth with small and medium-sized enterprises (SMEs).
Beomjun E&C uses byproduct sulfur generated from refining processes to produce hydraulic modified sulfur to be used in high-performance asphalt and concrete.
S-Oil had invested in four domestic startups. These were artificial intelligence-based industrial solutions firm OnePredict, flexible battery maker LIBEST, polyimide filmmaker IPITECH, and clean development mechanism firm Glory & Tech.
An S-Oil official revealed that they are considering making additional investments in firms related to smart factories, high-tech material, batteries, and carbon emission reduction.
The company intends to enter new markets like hydrogen, fuel cell, and recycling in its 2030 plan.
