Linkers Industries Limited announced it will purchase a 29% stake in LPW Electronics Co., Ltd., a Thai wire harness manufacturer, for approximately $2.35 million. This acquisition will increase Linkers' ownership in LPW from 20% to 49%, expanding its footprint in Thailand and broadening its customer base in the automotive and industrial sectors. The transaction also includes settling LPW's outstanding debts of about $6.16 million. The deal is expected to close around June 17, 2026, enhancing Linkers' growth prospects in the Asia Pacific region.
Ethereum futures long positions among top traders increased by over 3 percentage points across both USDT- and coin-margined markets, indicating a broad-based shift in short-term sentiment. This rise suggests heightened attention on ETH compared to ot...
NVIDIA announced that leading Japanese companies in robotics and manufacturing are adopting its Cosmos, Isaac, Metropolis, and Jetson platforms to accelerate AI-powered intelligent machines across industries. The new Cosmos 3 Edge model enables real-...
Oil prices are rising sharply due to renewed US naval blockades on Iranian shipping and increased tensions in the Strait of Hormuz, a critical oil transit route. Brent crude is holding above $85 and WTI above $80, with forecasts suggesting WTI could ...
The US government announced it will impose a new 25% tariff on Brazilian ethanol starting next Wednesday, accusing Brazil of unfair trade practices. This tariff excludes major Brazilian exports like oil, beef, coffee, and aircraft parts. The move fol...
Alibaba and Baidu shares rose after Apple received approval from China's Cyberspace Administration to include Apple Intelligence, integrating Alibaba's Qwen AI model and Baidu's AI features into Apple devices in China. This partnership allows users t...
