Zabka Shares Drop 10% as Seven & i Abandons Investment Plans 
Brown-Forman Rejects Sazerac’s $15 Billion Takeover Bid as Family Backs Independence 
Barclays Q2 Profit Beats Forecasts as Investment Banking Strength Offsets Higher Costs 
Tech Stock Positioning Nears Neutral as Investor Rotation Enters Final Phase, Deutsche Bank Says 
CXMT IPO Debut in Shanghai Puts $85.5 Billion Chipmaker in Spotlight 
Seagate Stock Jumps as AI-Fueled Earnings Beat and Strong FY2027 Outlook Impress Investors 
TeamViewer Shares Fall Despite Profit Growth as ARR and Customer Base Decline 
Johnson & Johnson Proposes $5.5 Billion Talc Settlement to Resolve U.S. Ovarian Cancer Lawsuits 
Galp Shares Fall After Q2 EBITDA Miss Despite Profit Beat and Higher Dividend 
BHP, Port Hedland Unions Fail to Reach Wage Deal as Negotiations Continue 
X Challenges Australia’s Expanded Social Media Ban Enforcement Powers 
Air Liquide Q2 Sales Growth Tops Forecast as Electronics Business Drives Strong Performance 
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 
TSMC Gradually Restarts Japan Chip Plant After Kumamoto Earthquake 
Nvidia Invests $1 Billion in Naver as South Korea AI Data Center Expansion Gains Momentum 
CATL Shares Jump as $5.6 Billion Buyback Signals Confidence in Long-Term Growth 
South Korean companies in the auto, chemical, and steel industries are increasing investments in hydrogen to cut greenhouse emissions and capture new business opportunities.
To embrace the transition, companies in the said carbon-intensive industries have announced hydrogen business road maps.
Hyundai Motor Group, which introduced its ix35 fuel cell electric vehicle (FCEV) in 2013, has added the NEXO SUV, the XCIENT fuel cell heavy-duty truck, and a fuel cell electric bus, surpassing Japanese rivals in the field.
FCEVs run on pressurized hydrogen and create electricity by chemically fusing it with oxygen in a fuel stack.
SK Group, whose businesses range from semiconductor and telecom batteries and re, said it plans to produce hydrogen utilizing its energy infrastructure. The group’s holding firm, SK Holdings, had set an annual hydrogen production goal of 280,000 tons by 2025 to supply its fuel cell power plants and petrol stations.
Meanwhile, steelmaker POSCO is expanding its hydrogen business and establishing supply chains, targeting 5 million tons of annual hydrogen production by 2050.
POSCO currently has an annual hydrogen production of 7,000, mostly using natural gas and byproducts from its power plants.
