Strauss Group reported a significant surge in profitability for the second quarter of 2026, with net income doubling to NIS 195 million. Despite a slight 1.9% dip in like-for-like revenues, the company successfully leveraged disciplined execution to expand margins and secure a robust NIS 150 million in free cash flow.
Construction giant Skanska has inked a $68 million deal with UNC Health to build a new medical office complex and parking structure in Durham, North Carolina. This contract marks the initial phase of a greenfield campus development, with the project costs slated for inclusion in the firm’s third-quarter order bookings.
The City of Vancouver has tapped Skanska to construct a massive public works operations campus in Washington, a $64 million infrastructure project slated for completion by July 2028. The deal, valued at approximately SEK 600 million, will be integrated into the firm's third-quarter order bookings for 2026.
Nanjing-based online travel operator Tuniu Corporation will disclose its unaudited financial performance for the quarter ending June 30, 2026, before the opening bell on August 25. The release precedes a scheduled conference call where management will address the firm's fiscal results with investors and analysts.
In Smørum, Denmark, Oticon has unveiled Reveal, a hearing aid utilizing a dual-engine artificial intelligence system designed to balance speech clarity with ambient sound. By processing auditory inputs through two distinct AI streams, the device aims to move beyond traditional noise reduction toward a more natural, brain-centric hearing experience.
John Krakauer, the architect behind the MindPod upper-limb rehabilitation system, is joining MindMaze Therapeutics as a strategic advisor. The appointment signals a push to accelerate the company’s expansion in the United States, leveraging Krakauer’s research on high-intensity neuroplasticity to scale clinical recovery programs across the continuum of care.
In the rugged terrain of southwest China, a group of Gen Z travelers is discovering an unexpected industrial powerhouse. Far from the coastal hubs, Guizhou Province has quietly transformed its isolation into a competitive advantage, exporting everything from high-end matcha to specialized vehicle components to over 50 countries.
A compact thermal management module designed by Seoul-based Hanon Systems has earned a spot among the 32 finalists for the 2026 Automotive News PACE Awards. The recognition highlights the company's progress in simplifying electric vehicle architecture while boosting energy efficiency and acoustic performance in high-demand driving scenarios.
The persistent closure of the Strait of Hormuz has forced a fundamental shift in Mideast Gulf oil logistics, prompting price reporting agency Argus to launch the first daily assessments for Abu Dhabi crude transferred via ship-to-ship operations in the Gulf of Oman.
At the AX Achievement Showcase in Seoul, Hyundai Motor Group outlined its strategy to pivot from traditional manufacturing to a data-centric model. By integrating generative AI across its global R&D and production facilities, the company aims to embed intelligence into everything from vehicle safety systems to robotic assembly lines.
Bank Leumi reported a net income of NIS 2.8 billion ($940 million) for the second quarter of 2026, marking an 8.5% increase compared to the same period last year. The results place the Israeli lender at the upper end of its annual profitability targets amid a period of aggressive loan portfolio expansion.
Elliott Investment Management, holding a 5.6% stake in Northern Star Resources, has publicly demanded a significant board restructuring to address years of governance failures. The activist investor unveiled a slate of six independent candidates, citing the company's persistent underperformance despite record gold prices and high-quality assets.
When her son Austin received an autism diagnosis in 2009, Kristen O'Meara found herself caught in a cycle of grief that eventually forced a total internal shift. Her new book, The Healing Way, chronicles that decade-long transformation, offering a manual for parents looking to move from survival mode toward genuine acceptance.
With global demand for high-performance battery components surging, Londian Wason New Energy Tech has priced its upsized initial public offering at $22 per American depositary share. The listing, which debuts on the New York Stock Exchange under the ticker FOIL, is set to raise approximately $94.3 million in gross proceeds.
Londian Wason New Energy Tech, the world's largest supplier of lithium-ion battery copper foil by volume, has priced its upsized initial public offering at $22 per share. The company expects to raise $94.3 million in gross proceeds, with trading scheduled to begin August 12 under the ticker FOIL.
The global aircraft tire market is entering a sustained growth cycle, with projections indicating a climb from $2.18 billion in 2026 to $3.05 billion by 2035. Driven by aggressive commercial fleet expansion and rising defense modernization, the sector is currently expanding at a compound annual growth rate of 3.80%.
At the FMS2026 conference in Santa Clara, DapuStor unveiled its flagship 512TB E2 R6060 SSD, marking a significant leap in data density for AI training clusters. The hardware milestone, capable of reaching 1PB of storage with only two drives, highlights the company's aggressive push into high-capacity enterprise storage solutions.
Dr. Amanda Lewis is shifting the local oral-care landscape as her brand, Lewie, enters Kansas City’s Hen House Markets. By placing beauty-forward hygiene products on shelves at a regional grocery staple, the dentist-founder aims to transition smile maintenance from a static bathroom routine into a portable, lifestyle-oriented habit.
With Typhoon Dolphin triggering red alerts across multiple Chinese provinces, Ping An Insurance has activated a sweeping emergency response. By 2:00 p.m. on August 11, the insurer reported over 27,000 claims related to the storm, with total estimated payouts projected to exceed RMB 650 million.
Melbourne-based Helfie AI has bolstered its leadership team by appointing former Apple executive Patrick Gates and ex-Meta veteran Sunita Parasuraman as non-executive directors. The move signals a strategic push to scale the company’s mobile-first preventative healthcare platform, which aims to provide instant health diagnostics to a global user base.
With Typhoon Dolphin triggering red alerts across China, Ping An Insurance has launched an emergency response to manage a surge in disaster claims. By August 11, the company recorded over 27,000 typhoon-related filings, with projected payouts for property and casualty losses estimated to exceed RMB 650 million.
At the FMS2026 conference in Santa Clara, DapuStor unveiled its flagship 512TB E2 R6060 SSD, marking a significant leap in data density for AI training clusters. The company showcased a suite of liquid-cooled and high-capacity storage solutions designed to handle the growing performance requirements of large-scale enterprise infrastructure.
Hong Kong-based i2Cool has unveiled i2Coating CorroCool, a silane-based system engineered to protect industrial infrastructure from both extreme solar heat and environmental decay. By merging passive radiative cooling with C5-grade corrosion resistance, the product aims to eliminate the need for separate thermal and protective coating layers on metal assets.
Borr Drilling posted a $241.4 million net loss for the second quarter of 2026, a sharp decline from its $29 million loss in the first quarter. The results were heavily impacted by a $176.3 million debt extinguishment charge as the company finalized a sweeping refinancing of its senior notes and convertible bonds.
A relentless storm system has left 160,000 Duke Energy customers in the dark across Greater Cincinnati, with utility crews struggling against fallen trees and broken power lines. As recovery efforts gain momentum, meteorologists warn that a second wave of severe weather expected Wednesday morning threatens to undo current progress.
After twenty-six years of operation, the adults-only Coco Plum Island Resort has completed a 6,000-square-foot renovation of its central guest areas. The project introduces two distinct zones—a vibrant social hub at the Coco Palms Restaurant & Bar and a tranquil retreat at the newly relocated Serenity Bar & Pool.
China's National Medical Products Administration has accepted a new drug application for afuresertib, a targeted therapy developed by Laekna for patients with locally advanced or metastatic HR+/HER2- breast cancer who have seen their disease progress following standard endocrine treatments.
A June short-seller report questioning the legitimacy of a major commercial agreement has triggered a formal investigation by shareholder rights firm Johnson Fistel. The inquiry focuses on whether Hyliion Holdings misled investors regarding a non-binding letter of intent for 250 KARNO Cores, a deal valued at approximately $133 million.
MegazoneCloud has been tapped as the inaugural system integration partner in South Korea for Amazon Quick, the intelligent workplace assistant from the AWS Generative AI Innovation Center. The collaboration aims to accelerate enterprise AI agent deployment, enabling companies to automate complex tasks like data analysis and report writing through natural language.
A $500 million syndicated loan has cleared the way for the Manzanillo Power Land Project, a 414-megawatt natural gas facility in the Dominican Republic. Advised by Greenberg Traurig, the deal represents the largest single power generation expansion in the Caribbean in more than ten years, signaling a shift in regional energy infrastructure.
