Nu Q2’26 slides: profit tops $1B, risk-adjusted margin hits 12.4%

India has successfully developed a 350 kg class expendable turbojet engine for missiles. The nation also demonstrated a 5 kN thrust class rotating detonation engine. This engine technology promises faster and longer-range missile capabilities. These advancements position India among select nations with advanced propulsion systems. Future applications include drones and launch vehicle upper stages.

CXMT Corp shares surged dramatically on their Shanghai trading debut. The memory chipmaker’s stock price increased by as much as 470%. This surge briefly made CXMT China’s most valuable listed company. The blockbuster listing offers investors a test of appetite for the semiconductor sector. CXMT raised over $8 billion through its initial public offering.

West Indies and Ireland are set to clash in the qualifiers for the 2027 Cricket World Cup after Afghanistan’s recent victory guaranteed their place in the tournament. This will be the third straight World Cup for West Indies where they need to qualify, while Ireland also missed direct entry following their lost against Afghanistan. The…