SpaceX Stock Slump Wipes Out Nearly $700 Billion From Elon Musk’s Paper Wealth 
Philips Shares Slide 10% Despite Earnings Beat as Weak Orders Raise Growth Concerns 
Brown-Forman Rejects Sazerac’s $15 Billion Takeover Bid as Family Backs Independence 
CXMT IPO Debut in Shanghai Puts $85.5 Billion Chipmaker in Spotlight 
Galp Shares Fall After Q2 EBITDA Miss Despite Profit Beat and Higher Dividend 
OpenAI AI Agent Reportedly Breached Hugging Face, Raising AI Safety Concerns 
Intel Stock Slips After Earnings Rally Despite Strong AI-Driven Revenue Growth 
Zabka Shares Drop 10% as Seven & i Abandons Investment Plans 
AstraZeneca Q2 Earnings Beat Forecasts as Oncology Growth Supports 2026 Outlook 
Sika Raises 2026 Sales Outlook After Strong First-Half Results Beat Expectations 
Exosens H1 Profit Beats Forecasts as Defense Demand Drives Growth 
Barclays Q2 Profit Beats Forecasts as Investment Banking Strength Offsets Higher Costs 
SAP Beats Q2 Revenue Estimates as Cloud Backlog and Business AI Demand Drive Growth. 
Paramount-Warner Bros. Merger Delayed Until 2027 Amid Antitrust Lawsuit 
Nvidia Invests $1 Billion in Naver as South Korea AI Data Center Expansion Gains Momentum 
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 
South Korea's SKC Inc. will spend 700 billion won to build its first overseas manufacturing factory copper foil, which has an annual capacity of 50,000 tons, in Kota Kinabalu, Malaysia.
SKC and its copper foil-making unit, SK Nexilis Co., which have signed an MoU with the Malaysian government for the facility, will break ground in the latter half of this year.
SK Nexilis will start commercial production in Malaysia in 2023.
The chemical unit of SK Group is considering building more plants in Europe and the United States.
SK Nexilis currently produces 34,000 tons a year and intends to expand local output to over quintuple its production by 2025 to meet growing demand from lithium-ion battery makers, SKC said.
SKC took over KCFT, the world's No. 1 maker of copper foil, for 1.2 trillion won in 2019 and renamed it SK Nexilis.
Copper foil is among the key materials for electric vehicle batteries.
