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8/19
04:18
Shares of Deoleo, the world's largest olive oil bottler and marketer, surged after Spanish agri-food cooperative group Dcoop offered 470 million euros ($545 million) for the company. Dcoop's bid takes the lead in an intensifying takeover battle that also includes Italian, French, and Australian firms.
03:38
Korean beauty company APR's European sales reached 228.9 billion won ($163.8 million) in the first half, accounting for about 17 percent of total revenue. The company has expanded rapidly across both online and offline channels, opening official Amazon stores in the UK, France, Germany, Italy, and Spain late last year. By June, sales in each market had increased more than eightfold on average from January.
03:32
India's top 500 companies recorded their strongest earnings growth in three years in the quarter ending June. Robust domestic demand and inventory stockpiling offset the impact of soaring energy prices and supply chain disruptions caused by the "US-Israel war on Iran."
03:16
European Central Bank (ECB) President Christine Lagarde stated at the World Economic Forum that Europe's post-war growth model is facing disintegration, with its three pillars—expanding global trade, mid-range manufacturing prowess, and a stable rules-based order—all weakening. She identified increased global trade restrictions (over 2,500 last year), intensified manufacturing competition from China, the disappearance of cheap energy (including Russian gas) leading to higher EU energy prices than in the US and China, and geopolitical tensions as the main reasons.

Despite this, Lagarde emphasized that Europe still possesses the world's largest network of trade agreements, world-class manufacturing capabilities (such as lithography and precision optics), a highly skilled workforce, and an integrated market of 27 member states and 450 million consumers. She noted that the Eurozone economy grew by 1.5% last year and 0.4% in the second quarter of this year, primarily driven by domestic demand. Lagarde called for Europe to better leverage the size of its domestic market and overcome the fragmentation of its single market and capital markets to avoid repeating the mistake of missing the first digital revolution and to seize the opportunities presented by artificial intelligence (AI). She also mentioned that capital market fragmentation causes European startups to lag behind their US counterparts in later-stage financing and has led approximately 12% of EU scale-ups to relocate outside the EU, particularly to the United States.
03:00
Upstox, one of India’s largest online trading platforms, has begun discussions with investment banks about a potential initial public offering. The offering could raise about $400 million and is expected to be a mix of new shares and a sale by existing investors.
02:59
The investment bank's report, published Wednesday, indicates that industries with greater AI exposure have seen slower job opening growth since the second half of 2022, particularly in Germany, Australia, and the U.S. Employment in call centers, for instance, is 39% lower than its historical trend in the U.S., 33% lower in Canada, and 27% lower in Germany. Goldman Sachs concluded that while AI-related hiring pressures are visible in global employment data, they remain limited to a relatively narrow set of industries and workers.
02:55
Al Jazeera reported that the US-Israel war with Iran disrupted global crude oil and natural gas supplies, leading to the closure of the Strait of Hormuz, which obstructed about one-fifth of the world's oil and liquefied natural gas supply. In this context, the coal industry benefited, with South African thermal coal producer Thungela Resources doubling its first-half profit as the war forced more countries to purchase coal. The company expects coal prices to remain high as European and Asian markets prepare for winter.
02:29
A Bank of America survey shows that approximately 47% of fund managers expect European equities to moderately outperform U.S. equities over the next year, the highest proportion since the outbreak of the Iran war in February this year. The increased investor preference for European equities is mainly due to the region's strong economic outlook and the attractiveness brought by the surge in artificial intelligence (AI) spending.
02:29
BTIG's Chief Market Technician, Jonathan Krinsky, noted in a report published on Wednesday that the U.S. stock market is experiencing an unprecedented structural divergence, with price movements and market breadth consistently at odds, and capital rotating erratically between different factors. He warned that once the music stops in this "musical chairs game," investors will face a synchronized sell-off not seen in ten months. The report indicates that there have been 57 trading days year-to-date in 2026 where price and market breadth moved in opposite directions, tying with the past two years for the most in nearly 30 years. Krinsky also mentioned that the Philadelphia Semiconductor Index (SOX) plummeted approximately 6% today, marking its largest single-day drop since July 1st, while yesterday's S&P 500 component breadth was the worst in nearly six weeks, indicating an abnormal market pattern.
02:17
Deputy Prime Minister and Finance Minister Koo Yun-cheol outlined Korea's growth strategy to US business leaders in Seoul on Wednesday, highlighting opportunities for deeper investment and artificial intelligence cooperation. The luncheon event, hosted by the American Chamber of Commerce in Korea, brought together approximately 150 government officials and executives from Korean and international companies.
02:10
Ethiopia's currency is sinking as its central bank is burning through dollars in an unsuccessful bid to stem the selloff.
02:10
The spread between South Korea's 3-year and 10-year government bond yields has widened to its highest level in nearly five years. This is primarily due to a global sell-off in long-term securities and market expectations that the Bank of Korea will not aggressively raise interest rates.
02:09
South Korea's FSC announces its 7th Financial Hub Policy Plan for 2026-2028, aiming to boost financial innovation, infrastructure, capital markets, and provide hub support. The plan includes promoting innovative financial services, improving regulatory sandbox operations, facilitating the convergence of financial and non-financial services, upgrading capital market regulations for foreign investors, and supporting overseas expansion for domestic firms. Additionally, the Financial Hub Development Committee approved evaluation criteria for designating Jeonbuk State as a financial hub, with an assessment to be conducted in the second half of this year and a decision by year-end.
01:49
Samsung Display on Wednesday unveiled new OLED technology aimed at improving the brightness consistency of foldable screens. The company showcased a 7.6-inch "Wide View" display at the IMID 2026 exhibition to address the brightness limitations in the curved areas of flexible OLED screens. Currently, the brightness in the creased, curved areas of commercially available foldable screens can be as low as about 40% of that in normal areas. In addition, Samsung Display also announced larger stretchable displays and panels for AI devices and future automobiles.
01:43
用户BlakeKing777在推文中表示,他在没有编程经验的情况下,在两晚内成功设置了Grok Bot,并用它制作了12页的家庭预算PowerPoint,创建了机器人团队协助妻子业务,以及接收每日特斯拉新闻摘要。他强调Grok Bot设置和导航“极其简单”,且“令人上瘾”。
01:43
Musk retweeted the official Tesla Semi tweet, revealing updated information on the Tesla Semi page. The new page emphasizes that the Tesla Semi has lower operating costs than diesel trucks, with lower energy costs and fewer maintenance parts, allowing it to pay for itself over a typical truck ownership period. Additionally, Megacharger charging power reaches up to 1.2 MW, restoring approximately 60% of range in 30 minutes, and the fully loaded range can reach 500 miles. The Tesla Semi also comes equipped with fleet management software, offering real-time status, trip planning, remote support, and OTA update capabilities.

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