U.S. crude oil prices fell about 4% as President Trump's 8 p.m. ET deadline for Iran to reopen the Strait of Hormuz approached, with hopes for a last-minute ceasefire. Trump threatened severe military action if Iran did not comply, while Pakistan's Prime Minister requested a two-week delay to allow negotiations and asked Iran to reopen the Strait as a goodwill gesture. The Strait of Hormuz is critical as about 20% of global oil supplies pass through it, and disruptions have caused oil prices to surge over 60% since recent conflicts. The situation remains tense with potential global fuel shortages if the Strait remains closed.
The global automotive microcontrollers market is projected to grow from USD 15.49 billion in 2025 to USD 34.31 billion by 2035, at a CAGR of 8.28%. Growth is fueled by increasing adoption of advanced driver-assistance systems (ADAS), vehicle electrif...
Immuron Limited announced a 6% increase in global sales for FY26, reaching AUD$7.7 million, driven by a 10% rise in Australian sales and significant growth in Canada and the US markets. The growth in Australia is attributed to enhanced digital market...
GRAVITY Co., Ltd. has officially launched Ragnarok: The New World, an open-world MMORPG based on the popular Ragnarok IP, in Southeast Asia on July 16, 2026. The game is available on both Mobile (Google Play and Apple App Store) and PC (official webs...
Zymeworks Inc. will release its second quarter 2026 financial results after market close on August 6, 2026. The company will not hold an earnings call following the release due to its pending acquisition of Theravance Biopharma. This acquisition will...
Global Net Lease, Inc. announced it will release its financial results for the second quarter ending June 30, 2026, on August 5 after the NYSE closes. The company will hold a conference call and webcast on August 6 at 11:00 a.m. ET to discuss the res...
