latest news in companies

SMIC Shares Extend Decline as Regional Tech Stocks Face Pressure

SMIC Shares Extend Decline as Regional Tech Stocks Face Pressure

Hong Kong, Monday, 14 September 2026.
Semiconductor Manufacturing International Corporation (SMIC) dropped 2.33% to HK$61.55 on September 14, 2026, marking a fifth consecutive session of losses amid broader technology market pressures.

Why Costco Is Rationing Motor Oil as Prices Nearly Double

Why Costco Is Rationing Motor Oil as Prices Nearly Double

Issaquah, Monday, 14 September 2026.
Costco has imposed strict purchase limits on motor oil after prices nearly doubled, driven by Middle East supply chain disruptions and refiners prioritizing high-margin diesel and jet fuel.

Nvidia Chief Expects Artificial Intelligence Market to Reach Four Trillion Dollars by 2030

Nvidia Chief Expects Artificial Intelligence Market to Reach Four Trillion Dollars by 2030

Santa Clara, Monday, 14 September 2026.
Nvidia CEO Jensen Huang reaffirmed his prediction that the artificial intelligence market will hit $4 trillion by 2030, driven by soaring infrastructure demand and unprecedented chip scarcity.

Apple Releases Major iPhone Software Update Today Featuring Upgraded Intelligence Tools

Apple Releases Major iPhone Software Update Today Featuring Upgraded Intelligence Tools

Cupertino, Monday, 14 September 2026.
Released today, September 14, 2026, Apple’s new software brings upgraded artificial intelligence tools to supported devices, while older models retain compatibility back to the iPhone 11.

SpaceX Launches Final Satellites to Complete Global High-Speed Internet Network

SpaceX Launches Final Satellites to Complete Global High-Speed Internet Network

Cape Canaveral, Sunday, 13 September 2026.
SpaceX deployed three Boeing-built satellites on Sunday, September 13, 2026, using a record-setting booster to complete SES’s 13-satellite medium Earth orbit constellation for global enterprise and military communications.

Under Armour Signs NFL Receiver Tee Higgins to Boost Football Roster

Under Armour Signs NFL Receiver Tee Higgins to Boost Football Roster

Baltimore, Sunday, 13 September 2026.
Under Armour signed Bengals receiver Tee Higgins in September 2026, marking a full-circle reunion nearly a decade after he played in their 2017 high school All-America Game.

Saudi Arabia's Al Rajhi Bank Expands Its Market Reach Through Strategic Growth

Saudi Arabia's Al Rajhi Bank Expands Its Market Reach Through Strategic Growth

Riyadh, Sunday, 13 September 2026.
Al Rajhi Bank reported a 14 percent net income increase in H1 2026, alongside new major real estate financing deals and key leadership at upcoming regional financial events.

Sony to Pay Out Million-Dollar PlayStation Store Settlement

Sony to Pay Out Million-Dollar PlayStation Store Settlement

San Mateo, Sunday, 13 September 2026.
Sony will distribute $7.85 million to over 4.4 million US users after ending third-party digital game code sales, providing payouts of up to $33 in store credit.

India Streamlines Corporate Identity Verification to Accelerate Cross-Border Financial Transactions

India Streamlines Corporate Identity Verification to Accelerate Cross-Border Financial Transactions

Bengaluru, Sunday, 13 September 2026.
As India records the world’s highest adoption growth for Legal Entity Identifiers, digital trust provider eMudhra has partnered with GLEIF to streamline international corporate onboarding and compliance.

Key Saudi Oil Pipeline Closure Threatens Global Energy Markets

Key Saudi Oil Pipeline Closure Threatens Global Energy Markets

Riyadh, Sunday, 13 September 2026.
Drone strikes forced Saudi Arabia to temporarily shut its 1,200-kilometer East-West pipeline, taking five million daily export barrels offline amid escalating regional conflict.