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SK Hynix workers to get 60% of 2026's bonuses in stock rather than all cash

Workers are set to ‌be paid an average 779 million won ($547,000) for ​2026, according to Reuters calculations.

Food distributor Sysco adds two board members to advance AI transformation

The move comes as food ‌and restaurant companies ​increasingly adopt AI tools ​to improve demand forecasting, inventory management, supply-chain planning ​and customer service.

Citi, HSBC, StanChart adopt Ant International's AI tool for liquidity risks

Ant International, an ‌overseas affiliate of the Jack Ma-founded Chinese ‌fintech firm Ant Group, raised $1.2 billion last month in its latest equity fundraising as it seeks to expand.

Walmart reports rare sales miss as consumers cut spending, shares fall

"When fuel prices increase and get above $4, perhaps there's a psychological impact ‌to that ... consumers are making trade-offs," CFO John David Rainey said

Alibaba's quarterly revenue up 9%, misses adjusted profit due to AI spend

Alibaba's capital expenditure rose 75% to 67.68 billion yuan in the quarter ‌ended June 30, as it continued to invest in AI infrastructure.

Humanoid robots nearing ChatGPT moment as physical AI advances: Unitree CEO

Shares in China's best-known humanoid robot maker fell 11% on Thursday, a day after soaring nearly sixfold in their market debut

Houthis say they attacked Najran airport, Aramco facilities in Saudi Arabia

Houthis have claimed that they carried out two drone attacks on Saudi Arabia, targeting area near the Narjan airport and an Aramco facility

India weighs low-cost loans for RE projects hit by power curbs

Government data shows India, which is the world's third-biggest solar power generator, curtailed 14%, or 8,133 gigawatt hours, of its solar power output between April and June.

Iran says Trump's 'Economic D-Day' is a diversion from US domestic problems

Iran said that ‌the US "Economic ​D-Day" ​against Iran was a ​diversion from America's economic problems and ​warned that ‌further pressure would ​fail.

Coal India plans Singapore trading hub in hunt for critical minerals assets

The move comes as Indian ‌state-run companies step up efforts to secure overseas supplies of critical minerals such as lithium and bauxite in order to reduce dependence on China

Oil prices rise for fifth session as Iran war threatens global supply

Brent crude climbed to $91.87 a barrel and WTI to $86 as the prolonged conflict raises concerns over supply disruptions from West Asia

HDFC Bank taps dollar bond market again, eyes $1 bn overseas debt raise

India's largest private lender plans to raise at least $500 million each through three-year and five-year bonds as banks rush to complete overseas fundraising

Sebi bets on trading reforms to reverse outflow of foreign capital

The proposed changes include lower collateral requirements in cash equities and measures to encourage longer-dated derivatives as foreign ownership hits a 17-year low

Shares in China's Unitree soars more than five-fold in Shanghai debut

While it is not the first Chinese humanoid robot maker to go public, its debut is expected to set the tone for a slew of domestic rivals preparing to ​come to market.

Moscow fuel stations reimpose purchase limits amid shortages

Ukraine has targeted Russian oil refineries ​in an effort to undermine Moscow's war effort and reduce energy revenues.

Oil prices hit three-week high on uncertainty over Strait of Hormuz

Brent crude futures climbed 54 cents, or 0.59%, to $91.56 by 1157 GMT, while US West Texas ‌Intermediate crude futures were up 59 cents, or 0.69%, ​to $85.53 a barrel.

IndiGo reservation platform issues disrupt some bookings, check-in

India's largest airline IndiGo said on Wednesday it was experiencing intermittent issues with its core reservation ​platform, as some customers faced problems booking tickets and ​checking-in online.

VW to select India partner this yr to share risk, drive growth: Skoda CEO

Volkswagen expects to sign a deal with a local partner in India this year, the CEO of its Skoda brand, Klaus Zellmer, said, as the German group ​struggles to build scale in the Indian car market.

Hyundai Motor India to hike vehicle prices by up to 1% from September

Hyundai Motor India said on Wednesday it will increase vehicle prices by up ​to 1% across its portfolio from September ​this year, with the extent of the hike ‌varying by model and variant.

Another suspect in Nord Stream case arrested in Croatia: German prosecutors

German prosecutors said Ukrainian national Vladimir Z. was part of a group accused of planting explosives on the Nord Stream pipelines near Denmark in 2022