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SoftBank, PayPay Eye Stake in Seven & i to Deploy AI, Robots at 7-Eleven
SoftBank and PayPay consider investing several hundred billion yen in Seven & i Holdings to deploy AI and robots at 7-Eleven stores. Sumitomo Mitsui Card may also join the deal.
CCL Jumps 4.7% After Declaring $0.15 Quarterly Dividend on July 9
Carnival (CCL) stock jumped 4.7% after declaring a $0.15 quarterly dividend. Payment set for August 28, 2026. Meyka rates CCL a B+ with a 12-month forecast of $36.21.
NVDA Stock Dips Nearly 0.7% Despite SOXX’s 3.5% Jump as AMD and Micron Outperform
Nvidia (NASDAQ: NVDA) shares fell nearly 0.7% on July 10, 2026, while the iShares Semiconductor ETF (SOXX) climbed about 3.5% as chip stocks moved higher. AMD and Micron delivered stronger gains, even though investor confidence in artificial intelligence and data centre demand remained intact. The divergent performance among major semiconductor stocks caught the market’s attention…
MTR Pak Shek Kok Station Gets Green Light: 2033 Target, HK$400M Land Cost
Hong Kong government approves Pak Shek Kok MTR station project with 2033 completion target. MTR to finance via private residential development. Land resumption cost HK$400 million.
South Indian Bank MD Appointment: Mahesh Pai Gets RBI Nod, Stock Falls 9%
RBI approves Mahesh Muralidhar Pai as South Indian Bank MD & CEO from October 1, 2026. Stock tumbles 9% despite leadership transition. Board approval scheduled July 16.
Xiaomi (HK:1810) Unveils Sky Nomad SUV Series, Expanding EV Lineup With Extended-Range Hybrid Models
Xiaomi is making another move in the electric vehicle market. On 9 July 2026, the company introduced its new Sky Nomad SUV series, entering the extended-range electric vehicle (EREV) segment for the first time. The launch expands Xiaomi’s automotive range beyond fully electric models and targets drivers who want extra range without relying entirely on…
Bombay High Court: Mumbai Flooding Is Citizens’ Fault Too, Not Just BMC—July 8
Bombay High Court says Mumbai’s monsoon flooding results from both civic failures and citizens’ actions: encroachments, clogged drains, and misuse of public spaces.
OBR Warns UK Debt Could Hit 300% of GDP by 2076 Without Action
OBR warns UK debt could triple to 300% of GDP without fiscal action. Government needs £120bn in tax rises or spending cuts equivalent to entire education budget by 2031-32.
Mahesh Muralidhar Pai Set to Head South Indian Bank Following RBI Clearance
Mahesh Muralidhar Pai will become South Indian Bank’s next Managing Director and CEO. The Reserve Bank of India approved his appointment through a letter dated July 7, 2026. Pai’s three-year term begins on October 1, 2026, succeeding outgoing CEO P R Seshadri. He currently serves as Chief General Manager at Canara Bank, leading digital banking…