
Morgan Stanley Says China’s Reusable Rocket Progress Poses Long-Term Challenge to SpaceX
Jul 13, 2026 01:19 am UTC| Business Technology Insights & Views
Morgan Stanley believes Chinas rapidly advancing reusable rocket program represents the biggest long-term competitive threat to SpaceX, following the countrys first successful recovery of an orbital-class rocket booster....

SK Hynix Shares Drop After Strong Nasdaq Debut Despite $26 Billion ADR Listing
Jul 13, 2026 01:12 am UTC| Business Technology
SK Hynix shares fell as much as 4.4% in early trading on Monday, even after the South Korean memory chip giant posted a strong debut on the Nasdaq following one of the largest U.S. listings by an Asian technology company....

Deutsche Bank Fined A$2 Million by ASIC Over OTC Derivatives Reporting Errors
Jul 13, 2026 00:54 am UTC| Business Governance
Australias corporate regulator has fined Deutsche Bank A$2 million (approximately $1.3 million) after identifying widespread reporting failures involving over-the-counter (OTC) derivatives transactions, highlighting the...

DOJ Grand Jury Investigates UAW President Shawn Fain Ahead of Union Election
Jul 13, 2026 00:42 am UTC| Law Governance Business
The U.S. Department of Justice has launched a grand jury investigation into allegations involving United Auto Workers (UAW) President Shawn Fain, according to internal union documents reviewed by Reuters. The probe focuses...

Apple Sues OpenAI, Former Employees Over Alleged Trade Secret Theft
Jul 11, 2026 01:16 am UTC| Business Technology Law
Apple has filed a lawsuit against OpenAI and two former Apple employees, accusing them of misappropriating confidential company information and trade secrets tied to its hardware development efforts. The lawsuit, filed...

SK Hynix Soars 13% in Nasdaq Debut After Record $26.5 Billion IPO
Jul 11, 2026 01:14 am UTC| Business Technology
SK Hynix made a strong debut on the Nasdaq on Friday, with its American Depositary Receipt (ADR) shares closing 12.8% higher at $168.01 after completing a record-breaking $26.5 billion U.S. initial public offering (IPO),...

Kitron Q2 Revenue Beats Estimates as Defense Demand Lifts Growth
Jul 10, 2026 05:47 am UTC| Business
Scandinavian electronics manufacturer Kitron delivered stronger-than-expected second-quarter results, driven by robust demand from the defense and aerospace sector and continued customer efforts to strengthen supply chain...