China, the world's largest crude oil importer, has significantly reduced its oil purchases, including from Iran, amid the ongoing Middle East conflict and a strategic shift towards green energy. In May, China's crude imports fell 29% year-on-year to the lowest level since 2018, with Iranian oil imports halving in June. Meanwhile, OPEC+ plans to increase oil output by 188,000 barrels per day in August, adding to a total increase of 940,000 barrels since the conflict began. Despite increased supply, potential disruptions in the Strait of Hormuz and Iran's new toll plans could affect oil flows and market dynamics going forward.
Computeshare PTE. LTD., based in Singapore, announced the launch of its global membership ecosystem, with a closed beta set for July 16, 2026, in China. The platform integrates advanced AI services and a mature T3+T4 computing infrastructure to suppo...
During week 27 of 2026 (June 29 to July 3), Sampo Oyj bought back a total of 151,313 of its A-shares across multiple markets at an average price of €9.14 per share. This buyback is part of a larger program authorized by the company's annual general m...
Novartis has agreed to acquire Myricx Bio, a UK-based oncology company developing novel antibody-drug conjugates (ADCs), for up to $1.5 billion including $1.1 billion upfront. This acquisition combines Novartis's oncology expertise with Myricx Bio's ...
Novartis has agreed to acquire UK biotech Myricx Bio for up to $1.5 billion, including $1.1 billion cash upfront, to enhance its oncology portfolio with Myricx's novel antibody-drug conjugate (ADC) payloads. Myricx Bio specializes in a first-in-class...
The QAIAx AI City Hall Project has launched the world's first federally registered clinical trial for an AGI-governed smart city, emphasizing built-in privacy by anonymizing personal data. This project introduces a new AI technology and compliance pa...
