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Summer Davos: China Pivots Toward Innovation-Led Growth
At the Summer Davos Forum in Dalian, Chinese Premier Li Qiang reframed the national economic narrative as "China Opportunity 2.0." This transition moves the country beyond its traditional reliance on low-cost manufacturing, positioning China instead as a critical global hub for collaborative innovation and high-end industrial development.
GAC International Exports Surge Amid Global Expansion
GAC International exported 121,483 vehicles in the first half of 2026, a 132% year-on-year increase that nearly matches the company's entire output for the previous year. This rapid growth marks a shift in the automaker’s international footprint, driven by aggressive expansion across the Americas, Europe, and the Asia-Pacific region.
Ericsson Sets July 14 Date for Second Quarter 2026 Earnings
Stockholm-based telecommunications giant Ericsson will disclose its financial performance for the second quarter of 2026 on July 14. The company has scheduled a live video briefing for 9:00 AM CEST to review results, providing a window for analysts and investors to scrutinize the firm's latest growth metrics.
Kathryn Dawe Challenges the Self-Help Industry in New Book
In an era defined by relentless personal branding and the pressure to optimize, author Kathryn Dawe proposes a radical shift: stopping the cycle of self-condemnation. Her debut, Nothing Is Wrong With You, argues that human setbacks—mistakes, exhaustion, and uncertainty—are not evidence of character flaws, but rather standard parts of the human experience.
SKF and Leaderdrive partner to fuel humanoid robotics production
Swedish bearing giant SKF and Chinese precision component manufacturer Leaderdrive have launched a joint venture to produce high-precision transmission parts for humanoid robots. By securing a 60% majority stake, SKF aims to accelerate its entry into the rapidly expanding industrial sector powered by Embodied AI technology.
SKF and Leaderdrive partner to build robot joints for humanoids
Swedish engineering giant SKF and Chinese precision manufacturer Leaderdrive have launched a joint venture to produce high-precision transmission components for industrial humanoid robots. By securing a 60% majority stake, SKF aims to capitalize on the rapid expansion of Embodied AI technologies within the global manufacturing sector.
Ericsson Sets Q2 2026 Earnings Briefing for July 14
Stockholm-based telecommunications giant Ericsson will disclose its financial results for the second quarter of 2026 on July 14, with the report slated for release at 7:00 AM CEST. The company plans to follow the disclosure with a live video webcast featuring key leadership to address market performance.
NNS Backs Rembrandt II as OCI Prepares Shareholder Vote
Directors appointed by the Enterprise Chamber have cleared the path for an extraordinary general meeting to finalize the proposed merger between OCI Global and Orascom Construction PLC. NNS Holding, the primary shareholder behind the initiative known as Rembrandt II, confirmed its unwavering support for the deal following the announcement.
Oceanwood Capital withdraws proxy from VEB in OCI legal battle
Oceanwood Capital Management has moved to disentangle itself from the ongoing legal dispute involving OCI Global, notifying the Dutch Shareholders Association (VEB) on July 1, 2026, that it is formally withdrawing the power of attorney previously granted to the organization regarding proceedings in the Enterprise Chamber.
NNS Holding reaffirms support for OCI business combination
The Enterprise Chamber has cleared the path for an extraordinary general meeting of shareholders to vote on the proposed merger between OCI Global and Orascom Construction PLC, known as Rembrandt II. In the wake of this development, NNS Holding, the largest shareholder in OCI, has formally reaffirmed its commitment to the deal.
Skanska Secures $87 Million Contract to Fix Newark Dock Bridge
Three parallel vertical-lift bridges in Newark, New Jersey, are undergoing a major structural transformation as Amtrak moves to stabilize its critical Northeast Corridor infrastructure. Skanska has been tapped for the $87 million rehabilitation project, aiming to convert the aging movable spans into a permanent, fixed configuration by late 2028.
Ekinops Secures 10-Year Contract for Proximus Belgian Network Upgrade
Proximus has tapped Ekinops for a decade-long partnership to overhaul Belgium’s telecommunications backbone. The initiative, dubbed NEURON, will see the French provider deploy high-speed optical infrastructure across more than 600 sites, transitioning the nation’s network to 800 Gbit/s capacity with future-ready support for 1.6T speeds.
BitGo Investors Face August Deadline in Securities Class Action
Investors who purchased BitGo Holdings, Inc. securities between January 22 and May 13, 2026, face an August 7 deadline to petition the court to serve as lead plaintiff. The litigation, initiated by the Rosen Law Firm, alleges that the company's IPO registration documents contained material misstatements and omissions.
Investors Face August Deadline in ADMA Biologics Securities Lawsuit
Investors who purchased ADMA Biologics, Inc. securities between August 9, 2024, and March 25, 2026, face an August 10, 2026, deadline to serve as lead plaintiff in a class action lawsuit. The litigation targets alleged misrepresentations regarding the company’s internal financial controls and revenue reporting practices.
Fosun International Secures Five Honors at Asian Excellence Awards
Fosun International has been recognized with five major accolades at the 16th Asian Excellence Awards, including top honors for its leadership. The prestigious ceremony, hosted by Corporate Governance Asia, celebrated the group’s commitment to sustainable business practices, environmental stewardship, and innovative global strategy throughout the 2025 fiscal year.
Takeda and Insilico Medicine Launch $600 Million AI Drug Discovery Pact
Takeda has entered a strategic partnership with Insilico Medicine to overhaul its drug discovery pipeline using generative artificial intelligence. The deal, which grants the Japanese pharmaceutical giant exclusive worldwide rights to resulting therapies, could see Insilico collect up to $600 million in milestone payments and tiered royalties.
Jinko ESS and Taliva Energy Launch 400MWh European Storage Portfolio
A new 400MWh battery energy storage portfolio is set to bolster grid stability across Eastern Europe, following a strategic contract signing between Jinko ESS and Taliva Energy. The deal, finalized at Intersolar Europe, pairs Jinko’s high-performance hardware with Taliva’s regional development expertise to accelerate the continent’s renewable energy integration.
Investors Face August Deadline in Erasca Securities Fraud Lawsuit
Investors who purchased Erasca, Inc. common stock between January 14, 2025, and April 26, 2026, face an August 10, 2026, deadline to seek lead plaintiff status in an ongoing securities class action. The lawsuit alleges the company misled shareholders regarding the clinical prospects of its lead drug candidate, ERAS-0015.
Investors Face August Deadline in First Solar Securities Lawsuit
Investors who purchased First Solar, Inc. securities between February 26, 2025, and February 24, 2026, face an August 24, 2026, deadline to move the court to serve as lead plaintiff in a pending class action lawsuit filed by the Rosen Law Firm.
Elliott Management Pushes for Board Overhaul at Northern Star
With an investment exceeding A$1 billion in Northern Star Resources, Elliott Investment Management has signaled its intent to force a strategic shift at the mining company. The firm issued a public statement following Northern Star’s recent announcements, demanding immediate board enhancement and a comprehensive review of the company's long-term corporate direction.
Ribo and Madrigal Advance siRNA Candidate for MASH Treatment
Suzhou-based Ribo and U.S.-based Madrigal Pharmaceuticals have hit their first major development milestone, officially nominating a lead candidate drug for metabolic dysfunction-associated steatohepatitis. The partnership, formed just months ago, now moves into IND-enabling studies to prepare for upcoming clinical trials targeting the liver disease.
Anti-Corruption Agencies Convene in Budapest to Strengthen Global Ties
Over 180 delegates from 70 regulatory and law enforcement bodies gathered in Hungary this week for the International Association of Anti-Corruption Authorities’ first European regional conference. The summit marks a strategic shift toward localized regional clusters to combat increasingly complex, cross-border financial crimes.
Ribo and Madrigal Advance siRNA Candidate for MASH Treatment
A strategic partnership between Suzhou Ribo Life Science and Madrigal Pharmaceuticals has reached its first major milestone, successfully nominating a lead candidate drug for metabolic dysfunction-associated steatohepatitis. The companies are now transitioning into IND-enabling studies to prepare for upcoming clinical trials.
GardaWorld Secures $500 Million in New Debt Financing
Montréal-based security firm GardaWorld has priced a $200 million offering of senior notes due 2032 while simultaneously securing commitments for a $300 million expansion of its existing term loan. The move, expected to close by July 6, underscores strong investor appetite for the company’s ongoing global expansion strategy.
Nvidia Faces Class Action Over Alleged California Labor Code Violations
A new class action lawsuit filed in Santa Clara County Superior Court alleges that Nvidia Corporation systematically denied employees mandatory meal and rest periods. The complaint, brought by Blumenthal Nordrehaug Bhowmik De Blouw LLP, further accuses the tech giant of failing to reimburse staff for mandatory work-related mobile phone usage.
Abbisko and AstraZeneca Partner on Oral PD-L1 Lung Cancer Therapy
Shanghai-based Abbisko Therapeutics has secured a strategic partnership with AstraZeneca to launch a Phase I/II clinical trial testing the combination of a novel oral PD-L1 inhibitor, lumipodlin, with the established lung cancer drug Tagrisso. The study targets patients with EGFR-mutated, PD-L1 positive non-small cell lung cancer.
GardaWorld Secures $500 Million in New Debt Financing
Montréal-based security giant GardaWorld is expanding its capital reserves, pricing a US$200 million addition to its 2032 senior notes while simultaneously securing commitments for a US$300 million expansion of its existing term loan facility to bolster its acquisition strategy and general corporate operations.
Summit Hotel Properties Sets August Date for Second Quarter Results
Austin-based Summit Hotel Properties plans to disclose its financial performance for the second quarter of 2026 on August 5, following the close of market trading. The real estate investment trust, which currently manages a portfolio of 94 lodging assets across 24 states, will detail its results during a subsequent conference call.
Nona Biosciences and Lonza Partner to Crack the Blood-Brain Barrier
Nona Biosciences and Lonza have launched a strategic collaboration to engineer single-domain antibody technology capable of crossing the blood-brain barrier. The partnership aims to facilitate the delivery of therapeutic agents directly into the central nervous system, addressing a significant hurdle in the treatment of complex neurological disorders.
Pomerantz LLP Launches Investigation Into Omeros Corporation
A 19.12% drop in Omeros Corporation stock has triggered a formal investigation by the Pomerantz Law Firm. The inquiry focuses on potential securities fraud following the European Medicines Agency’s rejection of the company’s marketing authorization application for narsoplimab, a drug intended to treat transplant-associated thrombotic microangiopathy.