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Stora Enso Reports 27% Profit Jump Amid Strategic Portfolio Overhaul
Stora Enso posted a 27% increase in adjusted EBIT to EUR 160 million for the second quarter of 2026, as the company offset stagnant sales and volatile market conditions through operational efficiencies and the ramp-up of its new consumer board production line in Oulu, Finland.
Stora Enso reports 27% EBIT jump as portfolio shifts take hold
Stora Enso posted an adjusted EBIT of 160 million euros for the second quarter of 2026, a 27% increase over the previous year, despite flat sales of 2.4 billion euros. The results reflect a company pivoting toward specialized packaging and board production while navigating volatile energy costs and geopolitical headwinds.
Flooret Breaks Decade of Flooring Focus With New Rug Line
After ten years of specializing in hard-surface flooring, Dallas-based Flooret is branching out. The company launched its inaugural rug collection today, aiming to bridge the gap between high-end aesthetics and the practical demands of daily life by integrating non-slip backing directly into machine-washable designs.
Systemair Schedules Annual General Meeting for August 27
Systemair AB has invited shareholders to its annual general meeting on August 27, 2026, at the company’s Skinnskatteberg headquarters. The session, beginning at 3:00 p.m., will address board appointments, executive remuneration guidelines, and a proposed dividend of 1.45 SEK per share for the 2025/26 financial year.
Aerolíneas Argentinas Secures Six Boeing 737-10 Jets from ACG
Under a new agreement finalized at the Farnborough Airshow, Aviation Capital Group will supply six Boeing 737-10 aircraft to Argentina’s flag carrier. The deal marks a significant expansion for the airline, which plans to deploy the high-capacity jets across its domestic and regional network starting in 2028.
Scania Reports 41 Percent Jump in Order Intake for Second Quarter
A 41 percent surge in order intake to 28,743 vehicles defines Scania’s second quarter of 2026, signaling robust demand as the manufacturer navigates a volatile global market. Driven by activity in Brazil and expansion in China, the Swedish truck maker successfully balanced rising research costs against improved operational efficiency.
Haisco Secures NMPA Approval for First-in-Class PNH Oral Therapy
The National Medical Products Administration of China has cleared Ciprocopan Succinate Tablets for adult patients with Paroxysmal Nocturnal Hemoglobinuria. Developed by Haisco Pharmaceutical Group, the drug serves as the world’s first once-daily oral complement factor B inhibitor, marking a significant shift in managing the rare blood disorder.
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Fermi Inc. to Issue 12 Million New Shares Following Fee Settlements
Dallas-based energy developer Fermi Inc. will list 12,127,558 new shares of common stock on the London Stock Exchange on July 29, 2026. The issuance follows the settlement of advisory fees and the vesting of restricted stock units, marking a shift in the company’s total outstanding equity.
Venus Medtech Wraps Clinical Trial for Venus-PowerX Valve System
Surgeons in the PREVAILS study have completed patient enrollment for the Venus-PowerX, a next-generation transcatheter aortic valve replacement system. This milestone clears a path for Venus Medtech to file for regulatory approval in both China and Europe, aiming to set a new standard for precision in structural heart procedures.
LEGO Debuts Interactive SMART Play Gateway at San Diego Comic-Con
At San Diego Comic-Con 2026, the LEGO Group has unveiled its SMART Play Gateway, a high-tech booth experience that integrates responsive, motion-sensitive technology into physical builds. By blending mid-century design with digital interactivity, the company is transforming how fans engage with iconic franchises like Pokémon and Star Wars on the show floor.
2CRSi Revenue Surges 88% as AI Infrastructure Demand Peaks
Strasbourg-based 2CRSi has reported a record-breaking fiscal year with revenue reaching €416.2 million, an 88% jump from the previous year. The manufacturer of high-performance servers exceeded its own revised financial targets, signaling a successful pivot toward the rapidly expanding global artificial intelligence infrastructure market.
TenPay Global Joins CNBC’s 2026 Fintech Leaderboard
Tencent’s cross-border payment arm, TenPay Global, has secured a spot on CNBC’s World’s Top Fintech Companies 2026 list. The recognition highlights the platform’s role in reshaping global financial services through its expansive payment network, which now bridges international users and businesses with the massive Weixin ecosystem.
SUNMI Updates SoftPOS to Scale Contactless Payments for Retail
Merchants in retail and hospitality can now integrate secure contactless payment processing across a broader range of smart terminals. SUNMI’s latest expansion of its SoftPOS platform aims to decouple payment acceptance from general business management, allowing for more flexible hardware configurations in high-traffic commercial environments.
Nestlé and Platinum Equity Form $5.6 Billion Water Venture Peranel
Nestlé and investment firm Platinum Equity are creating a 50/50 joint venture named Peranel, carving out the food giant's water and premium beverage portfolio into a standalone entity. Valued at $5.6 billion, the Paris-headquartered company will manage over 30 global brands as it seeks to accelerate growth.
Adecco Group calls for hybrid workforce orchestration in AI era
Corporate inertia, not technology, poses the greatest risk to the global economy as artificial intelligence reshapes employment. A new Adecco Group whitepaper argues that firms are failing to redesign workflows fast enough to capture productivity gains, leaving a significant gap between AI investment and actual enterprise value creation.
Adecco Group calls for hybrid workforce orchestration in AI era
Corporate inertia poses a greater threat to the global economy than AI-driven job displacement, according to a whitepaper released by The Adecco Group. The report argues that organizations are failing to adapt their structures quickly enough to capitalize on AI, risking wasted investment and diminished productivity across major markets.
iQIYI Debuts Feature-Length AIGC Film Based on Chinese Mythology
In a milestone for digital cinema, iQIYI premiered the feature film Mystic Tales: The Spider Lady's Vendetta on July 23, marking the first time a Chinese production created entirely through an AI-generated content pipeline has secured an official Internet Drama and Film Distribution License.
GHIT Fund Backs Rapid Ebola Diagnostic Tool for Congo and Uganda
The GHIT Fund has committed JPY 140 million to develop a portable diagnostic system for the Bundibugyo virus, targeting areas where laboratory infrastructure remains scarce. The project aims to provide frontline medical workers with point-of-care testing capabilities to contain outbreaks in the Democratic Republic of the Congo and Uganda.
InfiMotion Technology Emerges as Independent Powerhouse in E-Drive
Stepping out from behind the curtain of major automotive manufacturers, InfiMotion Technology officially debuted its independent brand at a Wuxi showcase on July 16. The company, now a top-three supplier in China for motor and inverter shipments, revealed its full-stack e-drive capabilities to the global market.
Alibaba’s Amap Upgrades Embodied AI with New ABot Stack
Robots navigating the physical world require more than just pre-programmed paths; they need the ability to reason, remember, and adapt. Alibaba’s location-based platform, Amap, is addressing these technical bottlenecks with a full-stack upgrade to its ABot embodied AI system, aiming to bridge the gap between digital logic and physical execution.
MegazoneCloud and Korean Re Partner to Automate Reinsurance via AI
Korean Re and MegazoneCloud have entered a strategic partnership to embed generative AI across the reinsurance lifecycle, moving beyond simple infrastructure support to integrate predictive analytics and automated underwriting into the core of the global reinsurer’s daily operations.
InfiMotion Steps Into the Global E-Drive Market
With a sprawling R&D network spanning from Wuxi to Gothenburg, InfiMotion Technology has officially emerged as an independent power in the electric vehicle drivetrain sector. The company, which previously operated behind the scenes for global automakers, is now leveraging its full-stack manufacturing to capture a broader international client base.
BC Token Climbs to Record $0.02 High
With a 70% surge since mid-April, the BC Token ($BC) hit a record $0.02 on July 23, signaling a sustained shift in market valuation. The rally follows the rollout of the BC Engine, a framework designed to anchor the token’s value to the broader activity of the BC.GAME platform.
Mutton and History Draw Summer Crowds to Xiao County
Under the midsummer heat of Anhui Province, the 2026 Xiao County Fuyang Cultural Festival is transforming the local food scene into a regional spectacle. Running through August 4, the 21-day event leverages the county's deep-rooted mutton-eating traditions to anchor a broader push for tourism and economic growth.
Nona Biosciences Partners with MedUni Vienna for Antibody Research
The Ignaz Semmelweis Institute at the Medical University of Vienna is integrating Nona Biosciences’ H2L2 Harbour Mice platform into its infectious disease research. By utilizing these transgenic mice to generate fully human antibodies, the team aims to accelerate the development of antiviral therapies and improve global pandemic preparedness.
USF Football Debuts First Jersey Patch Partnership in Florida
A Tampa General Hospital Aeromed helicopter touched down on a Davis Islands helipad to serve as the backdrop for a milestone in collegiate athletics. USF football players stood alongside the hospital’s clinical team to reveal the first jersey patch sponsorship in Florida’s history, cementing a long-standing medical partnership.
LG Electronics Scales Glass Powder Production in Vietnam
LG Electronics has activated a new manufacturing line in Haiphong, Vietnam, designed to produce 2,000 tons of glass powder annually. This expansion establishes a dual-production network with the company’s existing South Korean facility, pushing total capacity to 6,500 tons to meet rising demand for antimicrobial and functional coating materials.
Tilley Harley-Davidson Hosts Christmas in July Charity Event
Statesville’s Tilley Harley-Davidson is trading winter chill for summer heat this Saturday, July 25, hosting its annual Christmas in July event. The gathering aims to fuel the Marine Corps Toys for Tots program, bringing together motorcycle enthusiasts, local families, and car clubs for a day of fundraising and live stunt performances.
HD Hyundai Hits Fusion Milestone with ITER Vacuum Vessel Completion
In the sun-drenched landscape of Cadarache, France, engineers have reached a critical threshold for global fusion energy. The final vacuum vessel sector module for the International Thermonuclear Experimental Reactor has been successfully installed, marking a triumph for South Korean manufacturing precision in the world’s most ambitious energy experiment.
Bath Concepts Hits One Million Orders After 25 Years of Growth
Libertyville-based manufacturer Bath Concepts has officially fulfilled its one-millionth dealer order, a landmark achievement for the North American bathroom remodeling giant. This milestone follows two and a half decades of expansion, cementing the company's position as the primary supplier for a network of over 1,100 independent remodeling professionals.