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Apollo Micro Systems Acquires 41% of Premier Explosives for ₹1,550 Cr—July 10
Apollo Micro Systems acquires 41% stake in Premier Explosives for ₹1,550 crore. Deal combines defense electronics with missile propellants, creating integrated defense manufacturer.
Meta’s $13B Alberta Data Centre: What It Means for Investors
Meta to invest $13 billion CAD in its first Canadian data centre in Sturgeon County, Alberta. The 1-gigawatt facility will create 3,000 construction jobs and 300 permanent roles, generating $250 million annually for the province.
India, Indonesia Sign $630M BrahMos Missile Deal on July 9
India and Indonesia finalize $630M BrahMos missile deal and 20 other agreements during PM Modi’s visit, including critical minerals, maritime security, and temple restoration projects.
Apple Supplier Luxshare (SZSE: 002475) Falls 9.6% After HK$24.27 Billion Hong Kong IPO Debut
Luxshare Precision Industry, one of Apple’s largest suppliers, got off to a disappointing start on the Hong Kong Stock Exchange despite completing the city’s biggest IPO of 2026. On 9 July 2026, the company raised HK$24.27 billion, but its shares dropped as much as 9.6% on the first day of trading. The sharp decline caught…
Cochin Shipyard Share Price Falls 3% After Government OFS Ends—July 9
Cochin Shipyard shares fell 3% after government divested 5.04% stake via OFS at ₹1,400 floor price. Unions protested, citing privatisation fears as government stake drops to 62%.
Reform UK Faces NCA Scrutiny Over £5m Gift and Funding Transfers—July 9
Reform UK leader Nigel Farage faces NCA investigation into £5m cryptocurrency gift and other funding transfers flagged by bankers as potential money laundering.
Oil Prices Rise Above $75 After US-Iran Conflict Escalates
Oil prices climbed sharply this week after renewed US-Iran hostilities shattered a fragile ceasefire. Brent crude reached $77.40 a barrel on July 9, 2026, up from $72.55 just two days earlier. WTI crude traded near $74.20 a barrel, extending Wednesday’s surge past 5%. The US struck more than 80 Iranian targets after attacks on three…
Swiss Doctors Threaten Strike Over New Salary Cap Starting January 2027
Swiss doctors threaten strike over new billing cap limiting them to 1,577 points per day starting January 2027. The measure aims to control healthcare costs.
Rheinmetall and Lockheed Martin to Build ATACMS Missiles in Germany
Rheinmetall and Lockheed Martin plan to manufacture ATACMS missiles at a new facility in Unterlüss, Germany. The deal, signed at NATO’s Ankara summit, represents the first European production of these tactical weapons.