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Unitree Robotics' shares skyrocketed in their Shanghai debut, lifting the company's market value to about $66 billion. The IPO marks a milestone for the humanoid robot industry in China, as investors bet on rapid growth in the sector.
Japan's Nikkei index jumped more than 4% on Friday, posting its best session in months, as strong corporate earnings allayed fears of an AI investment slowdown. The rally was led by technology and manufacturing firms reporting better-than-expected quarterly profits, boosting confidence in sustained demand for AI-related products and Japan's economic outlook.
Albert Manifold was immediately removed as BP's chairman after 8 months due to serious concerns over governance, oversight, and behavior. The company's shares fell more than 4% in both US and UK markets.
Rusagro shares rose 7% in the first trading session of the week on the Moscow Exchange, reaching 108 rubles per share, following positive internal corporate news. Investors reacted optimistically to the developments, though specific details remain undisclosed. Rusagro is a leading Russian agricultural holding in sugar, vegetable oil, and grain.
