Johnson & Johnson Proposes $5.5 Billion Talc Settlement to Resolve U.S. Ovarian Cancer Lawsuits 
Nvidia Eyes $250B Guarantee for OpenAI’s Massive Ohio AI Data Center Project 
Galp Shares Fall After Q2 EBITDA Miss Despite Profit Beat and Higher Dividend 
Serica Energy to Acquire Pharos Energy for £145.7M, Sending PHARP Shares Soaring 
TSMC Gradually Restarts Japan Chip Plant After Kumamoto Earthquake 
Seagate Stock Jumps as AI-Fueled Earnings Beat and Strong FY2027 Outlook Impress Investors 
Exosens H1 Profit Beats Forecasts as Defense Demand Drives Growth 
Meta CEO Zuckerberg Opposes U.S. Ban on Chinese AI Models, Warns Against Overregulation 
Philips Shares Slide 10% Despite Earnings Beat as Weak Orders Raise Growth Concerns 
ASML, Applied Materials Slide as China DUV Chip Equipment Breakthrough Sparks Market Jitters 
Air Liquide Q2 Sales Growth Tops Forecast as Electronics Business Drives Strong Performance 
Unilever Raises 2026 Sales Outlook After Strong Q2 Volume Growth 
Zhongji Innolight Raises $6.8 Billion in Hong Kong IPO as AI Demand Fuels Growth 
AstraZeneca Q2 Earnings Beat Forecasts as Oncology Growth Supports 2026 Outlook 
Barclays Q2 Profit Beats Forecasts as Investment Banking Strength Offsets Higher Costs 
GSK Unveils $2.52 Billion Cost-Cutting Plan to Accelerate Drug Pipeline 
Korea Shipbuilding & Offshore Engineering Co. clinched a 485 billion-won order from a Saudi shipper to build 10 petrochemical carriers, each weighing 50,000 tons.
The vessels would be built by its subsidiary Hyundai Mipo Dockyard Co. and delivered to Saudi-based shipping firm Bahri by February 2023.
Korea Shipbuilding, the shipbuilding holding firm of South Korea's Hyundai Heavy Industries Group, attributed mutual trust and its experience in building petrochemical carriers in clinching the deal. It has so far built over 800 petrochemical carriers.
The company has so been awarded deals to build 51 petrochemical carriers, huge crude oil carriers, and container vessels by Bahri.
The South Korean shipbuilder is also working to build a shipyard in Saudi Arabia with Bahri, Saudi Aramco, and UAE-based oil rig builder Lamprell.
This year, the shipyard has bagged orders to build 34 petrochemical ships, with its backlog reaching 63 petrochemical ships or 46 percent of the global total.
Korea Shipbuilding clinched deals to build 40 petrochemical carriers last year.
