GM and Peak Energy Partner to Advance Sodium-Ion Battery Technology for Grid Storage 
Hanmi Semicon Shares Surge After $33 Million SpaceX Investment 
Sigma Healthcare Shares Slide Amid Preliminary Boots Acquisition Talks 
Meta Partners With Reliance to Launch First AI-Powered Data Center in India 
Meta AI Strategy Faces Challenges as Zuckerberg Admits Mistakes in Internal Memo 
OpenAI Eyes Massive 10GW Ohio Data Center Campus in Potential $500 Billion AI Infrastructure Deal 
Alibaba Offers $1.5 Billion to Acquire Grocery Delivery Platform Pupu 
Adobe Beats Q2 2026 Estimates, Raises Full-Year Outlook as AI Revenue Surges Despite Stock Drop 
Woodside Energy Acquires PetroChina’s Browse Stake, Expands Position in Major Australian Gas Project 
Coupang Hit With Record $409 Million Fine Over Data Breach Affecting 33 Million Users 
Astera Labs and Rocket Lab Surge After Nasdaq-100 Inclusion Announcement 
EngineAI Files for Hong Kong IPO Amid Rising Demand for AI and Robotics Stocks 
OpenAI May Slash AI Service Prices Amid Growing Rivalry With Anthropic 
Wizz Air Beats Profit Forecast as Cost Controls Offset Industry Challenges 
Honda Leadership Crisis Deepens as Retired Executives Challenge CEO Toshihiro Mibe’s Strategy 
oOh!media Takeover Battle Intensifies as Bain Capital Joins Competing Bids 
Frasers Group Launches €2 Billion Hugo Boss Takeover Offer Amid Control Speculation 
Lotte Group Chairman Shin Dong-bin is expected to accelerate the initial public offering (IPO) of Hotel Lotte to tighten his grip on the remaining South Korean control on Lotte Hotel.
The Hotel Lotte IPO will boost liquidity for the Lotte Group and water down Japanese control on the hotel, which is now over 99 percent owned by Japan's Lotte Holdings.
In April, the Chairman's elder brother SDJ Corp. chairman Shin Dong-ju sought to remove him from the board of Lotte Holdings, marking his sixth such attempt.
Other than the Hotel Lotte IPO plan, Shin Dong-bin could also adopt an e-commerce strategy, securitization of its real estate assets, and shareholder-friendly policies to cement his power over Lotte Corp.
However, there are factors that may hinder the IPO, including the plummeting demand in the hotel's duty-free shop business, a main revenue source, due to the coronavirus outbreak.
KB Securities analyst Jeong Dong-ik noted that with Hotel Lotte yet to undergo a listing eligibility review at the Korea Exchange, its performance and investor sentiment in the IPO market could hamper its listing this year.
