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New World Development Quietly Renames Kwun Tong Mall from Scramble Hill to The ANGLE
New World Development rebrands Kwun Tong mall from Scramble Hill to The ANGLE. The 50-million-square-foot complex now emphasizes anime, dining, and pet-friendly spaces.
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…
SpaceX Aborts Starship Flight 13 at Ignition; Stock Sinks Below IPO Price
SpaceX aborted Starship Flight 13 on July 16 when engines failed to ignite. Stock dropped below IPO price. Company will replace two Raptors and retry early next week.
Red Robin Stock Down 0.14% to $7.02 as Burger Chain Plans Restaurant Sales and Closures
Red Robin stock slipped 0.14% Friday, trading at $7.02 per share. The casual dining chain continues executing its debt-reduction “First Choice Plan.” Red Robin expects to close roughly 20 additional locations during 2026. The company also targets closing its $72.5 million refranchising deal today, July 17. That transaction covers 86 company-owned restaurants sold to two…
Uber (NYSE: UBER) to Acquire Delivery Hero (ETR: DHER) in $14.8 Billion Cash Deal
On 16 July 2026, Uber (NYSE: UBER) announced a $14.8 billion cash offer to acquire Delivery Hero (ETR: DHER), one of the biggest food delivery acquisitions ever announced. If the deal goes through, Uber will expand its delivery business across dozens of international markets and strengthen its position in an increasingly competitive industry. Investors reacted…
MTY Food Group to Close 45-50 Papa Murphy’s Stores by Year End
MTY Food Group plans to close 45-50 Papa Murphy’s stores by year-end amid competitive pressures. Parent company shuttering 68 underperforming locations that lost $10M+ annually.
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.
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…