Serica Energy to Acquire Pharos Energy for £145.7M, Sending PHARP Shares Soaring 
CATL Shares Jump as $5.6 Billion Buyback Signals Confidence in Long-Term Growth 
AstraZeneca Q2 Earnings Beat Forecasts as Oncology Growth Supports 2026 Outlook 
Nvidia Invests $1 Billion in Naver as South Korea AI Data Center Expansion Gains Momentum 
Tech Stock Positioning Nears Neutral as Investor Rotation Enters Final Phase, Deutsche Bank Says 
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 
Exosens H1 Profit Beats Forecasts as Defense Demand Drives Growth 
Brown-Forman Rejects Sazerac’s $15 Billion Takeover Bid as Family Backs Independence 
Galp Shares Fall After Q2 EBITDA Miss Despite Profit Beat and Higher Dividend 
Johnson & Johnson Proposes $5.5 Billion Talc Settlement to Resolve U.S. Ovarian Cancer Lawsuits 
Standard Chartered Beats Profit Forecasts as First-Half Earnings Rise 9% 
GSK Unveils $2.52 Billion Cost-Cutting Plan to Accelerate Drug Pipeline 
X Challenges Australia’s Expanded Social Media Ban Enforcement Powers 
CXMT IPO Debut in Shanghai Puts $85.5 Billion Chipmaker in Spotlight 
Meta CEO Zuckerberg Opposes U.S. Ban on Chinese AI Models, Warns Against Overregulation 
Tel Aviv is creating wireless electric roads about .37 miles long that can charge electric vehicles while they are moving.
The electric roads will be part of a route that spans 1.2 miles from Tel Aviv University Railway station to Klatzkin Terminal in Ramat Aviv.
Electric infrastructure will consist of a set of copper coils that are placed under the asphalt of the street.
The electric roads are part of a pilot program led by the Tel Aviv-Yafo Municipality in collaboration with ElectReon, a company developing the electric road system.
According to ElectReon, energy would be transferred from the electricity grid to the road infrastructure and manages communication with the approaching vehicles.
The vehicles would be installed with receivers on their floor to transmit energy to the battery while driving.
If the pilot is successful, Tel Aviv will expand the electric roads to more sections in the city.
Meital Lehavi, the deputy mayor for transportation at the Tel Aviv-Yafo Municipality, pointed out that direct charging from the road itself will remove the need to establish charging stations or be operationally bound to terminals.
