Johnson & Johnson Proposes $5.5 Billion Talc Settlement to Resolve U.S. Ovarian Cancer Lawsuits 
TeamViewer Shares Fall Despite Profit Growth as ARR and Customer Base Decline 
X Challenges Australia’s Expanded Social Media Ban Enforcement Powers 
Philips Shares Slide 10% Despite Earnings Beat as Weak Orders Raise Growth Concerns 
Nvidia Eyes $250B Guarantee for OpenAI’s Massive Ohio AI Data Center Project 
Unilever Raises 2026 Sales Outlook After Strong Q2 Volume Growth 
Air Liquide Q2 Sales Growth Tops Forecast as Electronics Business Drives Strong Performance 
Zhongji Innolight Raises $6.8 Billion in Hong Kong IPO as AI Demand Fuels Growth 
Sika Raises 2026 Sales Outlook After Strong First-Half Results Beat Expectations 
AstraZeneca Q2 Earnings Beat Forecasts as Oncology Growth Supports 2026 Outlook 
Stellantis Sells Free2move Car-Sharing Business to Mutares to Strengthen Core Auto Strategy 
ASML, Applied Materials Slide as China DUV Chip Equipment Breakthrough Sparks Market Jitters 
GSK Unveils $2.52 Billion Cost-Cutting Plan to Accelerate Drug Pipeline 
SK Hynix Q2 Profit Hits Record as AI Memory Chip Demand Fuels Growth 
Standard Chartered Beats Profit Forecasts as First-Half Earnings Rise 9% 
TSMC Gradually Restarts Japan Chip Plant After Kumamoto Earthquake 
China is preparing for an antitrust probe into Google on allegations that it has leveraged the dominance of its Android mobile operating system to stifle competition.
A potential probe would also tackle accusations that Google’s market position could substantially damage Chinese companies such as Huawei, as losing Google's support for Android-based operating systems would lead to loss of revenue and confidence.
The US bars Google from providing new Huawei phone models with technical support and access to its Google Mobile Services, upon which most Android apps are based.
Chinese regulators will be looking at examples set by Europe and in India if it proceeds with the probe.
The EU fined Google US$5.04 billion at the current exchange rate in 2018 over anti-competitive practices.
Huawei Technologies Co proposed the case last year and has been submitted for review by the country’s top market regulator to the Chinese State Council’s antitrust committee.
A decision to undertake a formal investigation might come as soon as this month.
China is also embarking on revamping its antitrust laws to include a dramatic increase in maximum fines and expanded criteria for judging a company’s market control.
