Household consumption accounts for 53.1% of Russia’s second-quarter GDP
Rosstat reports a higher household expenditure share and lower capital formation share in Russia’s second-quarter GDP.
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FedEx Rebuilds Its Network for a New Era of Reglobalization
FedEx is combining networks, data products and corporate restructuring as trade growth shifts toward new regions.
IHH Healthcare Launches Clinical Longevity Program in Singapore
IHH Healthcare launched Healthspan in Singapore as the 89-hospital group shifts toward prevention and neighborhood-based care.
Forbes Asia 100 to Watch 2026 Highlights AI and Robotics Growth
Forbes Asia selected 100 rising regional companies as enterprise AI, robotics and measurable customer adoption reshape the startup pipeline.
Regional Supply Chains Gain Strategic Weight
Shorter transport corridors are becoming a board-level instrument for controlling delivery risk, inventory costs and access to fast-growing markets.
Base Power Raises $1 Billion to Expand Its Home Battery Network
Base Power raised $1 billion at a $13 billion valuation as its home-battery network passed 30,000 customers and 100 installations a day.
ICTSI Advances Port Investments in Manila, Durban and Rio
ICTSI is backing upgrades in Manila, Durban and Rio with investment plans exceeding $1.8 billion across three container-port markets.
Foundational Industries Raises $25 Million for AI-Native Factories
Foundational Industries raised $25 million to build software-defined factories, beginning with custom rack enclosures for AI data centres.
Banijay and All3Media Form an $8 Billion Entertainment Group
Banijay and All3Media formed an $8 billion group spanning 25 countries, with more than 265,000 hours of content and over 170 companies.
Techcombank Seeks Overseas Capital for Vietnam's $200 Billion Infrastructure Gap
Techcombank says Vietnam faces a $200 billion infrastructure funding gap and proposes bringing overseas investors into seasoned project loans.
Twelve Companies Join the Fortune 500 for the First Time
Twelve companies entered the 2026 Fortune 500 for the first time, led by Galaxy Digital at No. 76 with $61.3 billion in revenue.
Berkshire Agrees to Buy Taylor Morrison for $6.8 Billion
Berkshire offered $6.8 billion for Taylor Morrison and plans to combine its site-built housing operations under a larger platform.
Mecka AI Raises $60 Million for Human-Motion Robotics Data
Mecka AI disclosed $60 million across two funding rounds to collect human-motion data from body sensors and phones for training useful robots.
ServiceNow Completes $7.75 Billion Acquisition of Armis
ServiceNow completed its $7.75 billion purchase of Armis, adding continuous discovery and risk analysis for connected enterprise assets.
Humble Debuts Cabless Electric Autonomous Freight Truck
Humble emerged with $24 million and a cabless electric truck designed to move 40- and 53-foot containers autonomously from dock to dock.
Hitachi Rail Agrees to Acquire Clever Devices
Hitachi Rail agreed to acquire Clever Devices, adding bus and transit software to a digital platform spanning trains, tracks and urban mobility.
Crusoe Invests $200 Million in Modular AI Data-Centre Factory
Crusoe is investing $200 million in a Colorado factory designed to produce 100 transportable one-megawatt AI data centres each year.
Jollibee Plans US IPO for Its International Restaurant Business
Jollibee plans to separate its international restaurant business and pursue a US IPO in late 2027 to fund global growth.
Aldi Plans More Than 180 U.S. Store Openings in 2026
Aldi plans more than 180 openings across 31 states in 2026, new distribution centres and a path toward 3,200 U.S. stores by 2028.
Sakhalin Opens Fish-Processing Complex for 500 Tonnes a Day
Sakhalin opened an automated plant able to process up to 500 tonnes of fish a day into frozen products, fillets and useful by-products.
TOFS Opens RUB 7 Billion Drilling Equipment Plant in Tyumen
TOFS opened a RUB 7 billion full-cycle drilling-equipment plant in Tyumen with 35 CNC machines and capacity for about 700 units a year.
Golden Apple Plans RUB 4 Billion Cosmetics Factory
Golden Apple plans to invest up to RUB 4 billion in a cosmetics factory serving its own ranges and independent brands through contract production.
M.Video-Eldorado Launches Its Own Four-Payment Service
M.Video-Eldorado launched a six-week, four-payment service for online purchases up to RUB 20,000 and may later offer it to other merchants.
MMK Opens Heavy-Engineering Workshop in Magnitogorsk
MMK opened a heavy-engineering workshop with capacity above 10,000 tonnes a year to reduce machinery shortages in mining and metals.
ICL Plans to More Than Double Its Tatarstan Electronics Factory
ICL plans two new electronics buildings in Tatarstan, adding 13,000 sq m to an 8,000 sq m plant amid industry concerns about capacity use.
Petrovax Plans Russia's First Full-Cycle Meningococcal Vaccine Plant
Petrovax Pharm plans Russia's first full-cycle meningococcal vaccine line in Podolsk, investing over RUB 3 billion for more than 3 million doses a year.
Salesforce Agrees to Acquire Informatica for $8 Billion
Salesforce agreed to buy Informatica for $8 billion at $25 a share, a 30% premium, adding enterprise data integration and quality tools.
Magnit Completes Acquisition of 81.55% of Azbuka Vkusa
Magnit acquired 81.55% of premium grocer Azbuka Vkusa, including 171 stores, five food plants, three distribution centres and delivery assets.
Saudi Flyadeal Orders Ten Airbus A330neo Aircraft
Saudi low-cost airline Flyadeal ordered ten Airbus A330neo aircraft, estimated at $1.2 billion, for expansion toward Southeast Asia.
China Launches First Interregional Hydrogen Truck Corridor
China opened a 1,150-km hydrogen freight corridor from Chongqing to Qinzhou port, supported by four filling stations and two-way cargo demand.
Nvidia Plans Up to $500 Billion of AI Infrastructure in the US
Nvidia plans up to $500 billion of US AI infrastructure, linking chip production in Arizona with domestic supercomputer assembly.
ZiO-Podolsk Starts RITM-200 Reactor Assembly for Leningrad Icebreaker
ZiO-Podolsk began machining the first major component of a RITM-200 reactor unit for the new nuclear icebreaker Leningrad.
S7 Pauses RUB 7.5 Billion Turbine-Blade Factory Project
S7 put a RUB 7.5 billion turbine-blade factory in Saint Petersburg on indefinite hold, delaying 328 planned industrial jobs.
Brookfield Agrees to Buy National Grid US Renewables for $1.7 Billion
Brookfield agreed to buy National Grid's 3.1 GW US renewables portfolio for $1.7 billion, including operating and construction-stage projects.
Power of Siberia Delivers 31 Billion Cubic Metres to China in 2024
Gazprom exceeded its annual supply plan after Power of Siberia reached its full contracted delivery rate to China one month early.
Russia's Key Rate Reaches 21%: Credit, Savings and Investment Repriced
The Bank of Russia raised its policy rate to a record 21%, forcing companies to recalculate borrowing, investment and working-capital decisions.
Polyus Recovers First Gold from Sukhoi Log Ore
Pilot processing at the Verninskaya plant produced the first gold from Sukhoi Log ore while the deposit's main construction remained ahead.
AvtoVAZ Starts Industrial Production of Lada e-Largus EVs in Izhevsk
AvtoVAZ began full-cycle production of passenger and commercial Lada e-Largus electric vehicles with a deeply localized battery.
Lemarc Starts Making Transmission Oil for Electric Vehicles in Kaluga
Lemarc launched a fully synthetic transmission fluid for dry and wet electric-motor reduction drives at its automated Vorsino plant.
RUB 3.8 Billion Pharmaceutical Substance Complex Breaks Ground in Pushkin
Active Component began building and reconstructing capacity for strategic pharmaceutical substances covering 35 international names.
YDEX Opens Higher: Yandex Returns to Public Price Discovery
Yandex shares returned to Moscow trading after a complex restructuring, giving investors a new public price for the technology group's Russian business.
Beshtau Starts Packaging Microprocessors in Rostov-on-Don
Beshtau began packaging 20,000 to 30,000 chips a month in Rostov and outlined a RUB 2 billion path toward annual output of 2 to 2.5 million units.
T-Bank Agrees to Buy 51% of ROWI Factoring Companies from Qiwi
T-Bank signed an agreement to acquire control of two ROWI companies, adding a digital factoring platform for small and medium-sized businesses.
Russia Installs Its First Serial High-Capacity GTD-110M Gas Turbine
The first serial GTD-110M entered installation at Udarnaya power station, moving a domestic high-capacity turbine from development into industrial use.
Stockmann Wins Approval to Buy Hugo Boss's Russian Business
Stockmann received approval to acquire Hugo Boss's 19-store Russian business in a discounted transaction tied to preserving jobs.
Rostselmash Opens RUB 10 Billion Transmission Factory
Rostselmash opened a dedicated plant for transmissions, axles and reduction gears after investing more than RUB 10 billion.
Delimobil Raises RUB 4.2 Billion in Moscow IPO
Delimobil priced its all-primary Moscow offering at RUB 265 per share, raising RUB 4.2 billion with demand several times above supply.
Atlant Wood Invests 140 Million Roubles in a New Furniture Factory
The Saint Petersburg furniture maker combined internal capital and supported borrowing to expand production space 2.6 times in the Leningrad region.
Kaliningrad Opens RUB 30 Billion Solar Silicon Wafer Factory
A new Kaliningrad complex began making monocrystalline silicon ingots and wafers for high-efficiency solar modules after a RUB 30 billion investment.
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