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CKD Former Accountant Arrested for ¥178M Embezzlement—July 10
CKD machinery manufacturer’s former accountant arrested for ¥178 million embezzlement. Suspect allegedly used stolen funds for online horse racing. Police investigation ongoing.
Google Play Store Faces Major UK Court Twist Ahead of £1 Billion Trial
Google’s Play Store is heading into an 11-week UK trial this autumn, and a new disclosure ruling has just reshaped the fight. The Competition Appeal Tribunal gave Google access to material that could carry “profound consequences” for a £1 billion claim, just two months before the case opens. Thousands of UK app developers and millions…
Vedanta Oil & Gas Surges 8% After Delhi Court Backs ₹950 Cr Award—July 9
Vedanta Oil & Gas shares surge 8% after Delhi High Court rejects government objections to $99 million arbitration award. Stock now up 4% since June 15 listing.
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.
Volkswagen Slashes 50% of Models, Cuts 100,000 Jobs by 2030—July 10
Volkswagen plans to cut 50% of models and slash 100,000 jobs by 2030 as CEO Oliver Blume unveils radical restructuring. Production capacity falls from 10M to 9M vehicles annually.
Porsche AG Stock Falls to €27.21: Turnaround Strategy Offers Hope—July 10, 2026
Porsche AG stock trades at €27.21 after 70% decline from peak. UBS and Goldman Sachs upgrade outlook on CEO’s turnaround plan. Meyka rates PAH3.DE a Buy with strong fundamentals.
RBNZ Raises OCR to 2.5% on July 8: First Hike Since 2023
RBNZ raises official cash rate to 2.5% from 2.25%, the first hike since May 2023. Banks increase floating rates by 25 basis points. Fixed rates had already risen 70 basis points.
Night-shift nurse wins S$1,536 court award in HDB aircon dispute—July 10
HDB tenant wins S$1,536 court award after landlord tried to restrict daytime aircon use. Tribunal found no contractual breach and rejected landlord’s electricity cost argument.
MLM Stock Jumps 0.3% as Q2 Earnings Call Set for July 30
Martin Marietta Materials (MLM) sets Q2 2026 earnings call for July 30. Stock trades at $571.90 with Meyka grade B+ and 12-month forecast of $684.27.