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Zhongji Innolight Targets Up to $7 Billion in Hong Kong Listing After July 17 Approval
Zhongji Innolight is nearing final clearance for what could become Hong Kong’s largest listing this year. Bloomberg reported on July 15, 2026, that China’s securities regulator was set to approve the deal. That approval clears the path for a Hong Kong Stock Exchange listing hearing this week. Zhongji Innolight now aims to raise to $7…
Rotork (LSE: ROR) Agrees to £4.1 Billion Takeover by ABB (SWX: ABBN) in Major UK M&A Deal
On 16 July 2026, ABB (SWX: ABBN) agreed to acquire Rotork (LSE: ROR) in a £4.1 billion all-cash deal, making it one of the largest UK industrial acquisitions announced this year. The offer gives Rotork shareholders a substantial premium while expanding ABB’s industrial automation and smart flow control business. It also comes as overseas buyers…
Hardee’s Franchisee Files Chapter 11 as 59 Stores Face Closure Risk
Hardee’s franchisee Superior Star files Chapter 11 bankruptcy on July 9, putting 59 stores at risk across 10 states due to a $7.04 million seller financing dispute and hidden liabilities from its 2023 acquisition.
Tata Elxsi (NSE: TATAELXSI) Shares Fall 6.1% After Q1 Profit Drops 22.58% Sequentially
Tata Elxsi shares fell 6.1% Wednesday after its Q1 FY27 results missed expectations. The stock touched an intraday low of ₹3,469.70, a fresh 52-week low. Tata Elxsi reported Q1 net profit of ₹170.6 crore, up 18.2% year-over-year. That figure still marked a 22.58% sequential decline from ₹220 crore in Q4 FY26. Revenue crossed the ₹1,000…
Mowi (OSE: MOWI) Shares Rise 3.4% as Q2 Salmon Harvest Tops Guidance and EBIT Climbs 23%
Mowi shares rose 3.4% Wednesday after the salmon farmer’s Q2 trading update beat expectations. Mowi reported operational EBIT of EUR 231 million, up 23% from EUR 189 million. The company harvested 150,000 tonnes during the quarter, a record for any second quarter. That volume topped Mowi’s own guidance of 140,000 tonnes by a wide margin. …
Biocon (NSE: BIOCON) Shares Jump 8.04% to 52-Week High After ₹400 Block Deal
On July 14, 2026, Biocon (NSE: BIOCON) shares climbed 8.04% to a fresh 52-week high after reports of a ₹400-per-share block deal involving a large institutional shareholder. The news led to heavy trading and renewed interest in one of India’s leading biopharmaceutical companies. Large block deals often raise questions about changes in ownership, but they…
SK Hynix Stock News: ₩2,203,000 Share Price as Korea Eyes Major AI Factory Funding Reform
SK Hynix shares traded around ₩2,203,000 on July 14, 2026, after investors responded to South Korea’s proposal to relax funding rules for large AI semiconductor factory projects. If approved, the changes would make it easier for chipmakers to raise capital to expand advanced manufacturing capacity at a time when global demand for AI memory chips…
Q32 Bio (NASDAQ: QTTB) Jumps 60% on Strong 36-Week Clinical Data for Hair Loss Treatment
On 13 July 2026, Q32 Bio (NASDAQ: QTTB) became one of the biggest gainers in the biotech sector after its shares climbed about 60% on the back of positive 36-week Phase 2a clinical results for its experimental alopecia areata treatment, bempikibart. The latest data showed meaningful hair regrowth in patients with severe hair loss while…
Trump Shifted $1.4 Billion in Crypto Earnings Into Stocks and Bonds, Financial Filings Show
On 13 July 2026, newly released financial filings revealed that Donald Trump shifted a substantial portion of his $1.4 billion in crypto earnings into stocks and bonds. The disclosure caught attention because Trump has remained one of the strongest public supporters of digital assets in recent years. Rather than keeping most of his wealth in…