Johnson & Johnson Proposes $5.5 Billion Talc Settlement to Resolve U.S. Ovarian Cancer Lawsuits 
SK Hynix Q2 Profit Hits Record as AI Memory Chip Demand Fuels Growth 
Unilever Raises 2026 Sales Outlook After Strong Q2 Volume Growth 
TeamViewer Shares Fall Despite Profit Growth as ARR and Customer Base Decline 
Zabka Shares Drop 10% as Seven & i Abandons Investment Plans 
Serica Energy to Acquire Pharos Energy for £145.7M, Sending PHARP Shares Soaring 
Seagate Stock Jumps as AI-Fueled Earnings Beat and Strong FY2027 Outlook Impress Investors 
CXMT IPO Debut in Shanghai Puts $85.5 Billion Chipmaker in Spotlight 
CATL Shares Jump as $5.6 Billion Buyback Signals Confidence in Long-Term Growth 
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 
Tech Stock Positioning Nears Neutral as Investor Rotation Enters Final Phase, Deutsche Bank Says 
Meta CEO Zuckerberg Opposes U.S. Ban on Chinese AI Models, Warns Against Overregulation 
X Challenges Australia’s Expanded Social Media Ban Enforcement Powers 
Galp Shares Fall After Q2 EBITDA Miss Despite Profit Beat and Higher Dividend 
Nvidia Invests $1 Billion in Naver as South Korea AI Data Center Expansion Gains Momentum 
Toshiba Corp. will stop taking new construction orders for coal-fired power plants, following a strategic shift toward renewable energy.
The company aims to halve its greenhouse gas emissions by fiscal 2030.
However, it will still complete existing orders for coal power plants at home and abroad.
The decision is in pursuance of creating a greener society through substantial cuts in greenhouse gas emissions.
Toshiba President and CEO Nobuaki Kurumatani noted that demand for coal power plants has been declining and that they will seek to more than triple its sales from renewable energy over the next decade.
The company is seeking to boost its energy segment earnings of $1.8 billion in fiscal 2019 to $6.17 billion in fiscal 2030.
Prime Minister Yoshihide Suga vowed to bring Jpan's greenhouse gas emissions to net-zero by 2050.
Environmentalists have criticized Japan for its coal-fired power plant construction overseas, particularly in Southeast Asia.
From April to September, Toshiba reported a net profit of $33 million, swinging back to profitability for the first time in two years boosted by the recovery of its affiliate Kioxia Holdings Corp.
Sales plunged 19.9 percent to $13 billion, and operating profit plummeted 94.0 percent to $29.5 million.
