War & conflict, Business · 6 h
10 storiesKorean brokerages raise Cosmax target prices on expected Q3 earnings beat
Two Korean securities firms raised their target prices for cosmetics maker Cosmax on Oct 7, saying third-quarter results should come in above market consensus. Hana Securities lifted its target to 380,000 won from 305,000 won, and Daol Inve…
Lotte Biologics signs Alvotech contract to produce antibody biosimilars in New York
Lotte Biologics said it signed a production contract with Alvotech to manufacture multiple antibody biosimilar drug substances at its Syracuse, New York plant for supply to the global market. The signing ceremony was held at CPHI Milan 2026…
Boston Dynamics names former Amazon Alexa executive Rohit Prasad as CEO
Boston Dynamics, the robot subsidiary of Hyundai Motor Group, said it has hired Rohit Prasad, a former Amazon executive who led work on the Alexa voice assistant, as its new chief executive. The company said the appointment is aimed at stre…
Saudi-led coalition says it intercepted Houthi missile aimed at Khamis Mushait
The Saudi-led coalition said it intercepted and destroyed a ballistic missile that Yemen's Houthis fired toward Khamis Mushait, a city in southwestern Saudi Arabia. Coalition spokesman Turki al-Maliki said Houthi-held Sanaa and the province…
Samsung Art Store to show 30 British Museum works on its art TVs
Samsung Electronics said it will present 30 representative works from the British Museum on Samsung Art Store, its art subscription service for Samsung TVs. The collection focuses on 19th-century British landscape painting, including pieces…
Three drones downed over Russia’s Penza Oblast, governor says
Three drones were destroyed over Penza Oblast, the regional governor, Oleg Melnichenko, said. Preliminary information indicates there were no casualties and no damage, according to the governor and state news agencies.
Latvia says armed masked men from Belarus threatened its troops at border
Latvia's interior minister, Jānis Dombrava, said a group of masked people illegally crossed into Latvia from Belarus after the military stopped about 20 migrants from entering. Latvia's National Armed Forces said the migrants were accompani…
The Intercept: US may never restore Middle East military presence
The Intercept, citing US administration officials, reports that the US may never restore its military presence in the Middle East after Iranian strikes damaged more than 15 bases, including the Fifth Fleet hub in Bahrain. Official figures c…
Sochi restricts beach and embankment access after tanker fire in Black Sea
Sochi authorities temporarily restricted access to the city's sea embankments and beaches after a fire on a tanker in the Black Sea. Mayor Andrei Proshunin urged residents and visitors not to put themselves in danger and to wait for an offi…
Apple reported to develop smart doorbell, lock and thermostat with LG
Apple is reported to be developing a set of smart home accessories with LG Electronics, including a video doorbell, a smart lock and a thermostat, with the finished products to carry the LG brand. Apple plans to launch the new devices on Oc…