Philips Shares Slide 10% Despite Earnings Beat as Weak Orders Raise Growth Concerns 
Johnson & Johnson Proposes $5.5 Billion Talc Settlement to Resolve U.S. Ovarian Cancer Lawsuits 
CXMT IPO Debut in Shanghai Puts $85.5 Billion Chipmaker in Spotlight 
ASML, Applied Materials Slide as China DUV Chip Equipment Breakthrough Sparks Market Jitters 
Brown-Forman Rejects Sazerac’s $15 Billion Takeover Bid as Family Backs Independence 
AstraZeneca Q2 Earnings Beat Forecasts as Oncology Growth Supports 2026 Outlook 
TSMC Gradually Restarts Japan Chip Plant After Kumamoto Earthquake 
X Challenges Australia’s Expanded Social Media Ban Enforcement Powers 
Zabka Shares Drop 10% as Seven & i Abandons Investment Plans 
Rio Tinto Stock Jumps as Strong Earnings, Higher Dividend and AI Metal Demand Boost Outlook 
Serica Energy to Acquire Pharos Energy for £145.7M, Sending PHARP Shares Soaring 
Standard Chartered Beats Profit Forecasts as First-Half Earnings Rise 9% 
Zhongji Innolight Raises $6.8 Billion in Hong Kong IPO as AI Demand Fuels Growth 
Meta CEO Zuckerberg Opposes U.S. Ban on Chinese AI Models, Warns Against Overregulation 
Tech Stock Positioning Nears Neutral as Investor Rotation Enters Final Phase, Deutsche Bank Says 
Barclays Q2 Profit Beats Forecasts as Investment Banking Strength Offsets Higher Costs 
SK Hynix Q2 Profit Hits Record as AI Memory Chip Demand Fuels Growth 
Hanwha Q Cells, LG Electronics, and Shinsung E&G have joined the bidding for the first stage of Korea Hydro & Nuclear Power's 2.1-gigawatt floating solar power plant project.
The first stage would account for 300 megawatts, and worth 660 billion won.
The plant, which will be able to power one million households, is worth worth 4.6 trillion won and would spread over more than 30 square kilometers in North Jeolla Province.
Hanwha Q Cells boasts Q.Peak Duo Poseidon modules, which are specialized for floating solar farms,.
It offers a peak power of 420 watts and an energy efficiency of 20.3 percent.
Poseidon modules perform about 10 percent better than typical modules, as water reflects light and cools down the modules.
Peak power is the highest power output a solar module can achieve.
Shinsung E&G, which will supply solar modules with peak power of 440 watts and energy efficiency of 19.8 percent to a 73-megawatt floating solar farm to be built by Hanyang starting next year, is another player in the race.
Meanwhile, LG Electronics, which doesn’t manufacture floating solar farm modules, has the technology is considering the return on investment and profitability.
Hyundai Energy Solutions is preparing to supply its solar modules specially designed for floating solar farms for the project but won’t bid directly.
