News

Beijing – September 17, 2026 -- Orange Lion Sports, a company founded by Alibaba Group, unveiled Smartshot 2.0, an upgraded AI sports technology platform, at the Sports Services exhibition during the 2026 China International Fair for Trade in Services (CIFTIS), held September 9-13 in Beijing.

Six-camera Hawk-Eye system targets amateur tennis line-call disputes

The upgraded electronic line calling system uses a six-camera Hawk-Eye setup to deliver instant in/out calls on a large screen as soon as a ball lands, with adjustable audio announcements. The company positions the technology as a low-cost alternative for amateur tournaments that eliminates the need for additional line-judge labor.

Parsippany-Troy Hills, N.J. – September 17, 2026 -- PBF Energy Inc.'s subsidiary PBF Holding Company LLC has priced $500 million in 0% exchangeable notes due 2032, with net proceeds earmarked largely to retire its existing 7.875% Senior Unsecured Notes due 2030.

PBF Holding sets zero-coupon terms with 37.5% exchange premium

The notes, co-issued with PBF Finance Corporation, carry no regular interest and will not accrete in principal. The initial exchange price is approximately $96.80 per share, a 37.5% premium over PBF Energy's $70.40 closing share price on the New York Stock Exchange on September 14, 2026. Initial purchasers hold an option to buy up to $50 million in additional notes within 13 days of issuance.

Huntsville – September 17, 2026 -- Titomic Limited's U.S. subsidiary, Titomic USA, Inc., has secured a US$5.0 million (AU$6.9 million) contract from the U.S. Air Force to supply, integrate and commission a Next Generation Titomic Kinetic Fusion (TKF)TM High Pressure Cold Spray System at Tinker Air Force Base in Oklahoma City, Oklahoma.

USAF selects Titomic to equip the nation's largest MRO facility

The turnkey system, built around Titomic's TKFTM 1000 high-pressure cold spray platform, will integrate industrial robotic automation, powder and gas management, process monitoring, safety systems and real-time quality verification. Tinker Air Force Base operates the largest U.S. Air Force maintenance, repair and overhaul facility in the country.

Shanghai – September 17, 2026 -- DongCheng Company held separate global online product launch events in August for its three power tool brands -- DongCheng, DCA and DCK -- unveiling new lineups spanning construction, metalworking, woodworking and home renovation applications.

Three brands livestream distinct product launches worldwide

Each event was broadcast live through the company's official Facebook page and YouTube channel, combining real-world product demonstrations with 3D virtual scenes. Gu Zhiping, Chairman of DongCheng Company, opened each session, with product engineers and managers leading technical presentations.

DongCheng brand targets professional segment with new tool series

DongCheng, which has over 30 years in the professional power tool industry, launched a new series under the theme "Unmatched Power, Ironclad Quality," covering impact wrenches, rotary hammers, angle grinders and drills.

Shanghai – September 17, 2026 -- Shanghai Electric posted operating revenue of CNY 63.332 billion (USD 9.17 billion) in the first half of 2026, up 16.6% year-on-year, while net profit attributable to shareholders rose 18.2% to CNY 970 million (USD 140.49 million). New orders reached CNY 100.39 billion (USD 14.54 billion), extending the company's order backlog across energy equipment, industrial equipment and integrated services.

Energy Equipment segment drives growth with 21.4% revenue increase

The Energy Equipment segment generated CNY 36.558 billion (USD 5.29 billion) in revenue, up 21.4%, led by wind power and energy storage. Industrial Equipment revenue rose 1.9% to CNY 18.954 billion (USD 2.75 billion), supported by digital upgrades in machine tools, elevators and industrial components. Integrated Services revenue climbed 31.5% to CNY 10.862 billion (USD 1.57 billion) on supply chain coordination and full-lifecycle service work.

Singapore – September 17, 2026 -- Peak3 has launched Graphene Harness, an end-to-end AI-driven delivery lifecycle (AI-DLC) for insurance software, alongside Graphene v4, an AI-native evolution of its core platform, cutting end-to-end new-feature development and core system implementation costs by 50% where deployed.

Peak3 targets an 80% cost reduction within 18 to 36 months

The Singapore-based insurance software provider said the current 50% reduction already applies to clients using Graphene Harness, with timelines shortened accordingly. Peak3 builds and maintains Graphene on the Harness system itself and is now extending access to selected implementation partners, with client availability planned over the next 6 to 12 months.

Torrance, Calif. – September 17, 2026 -- Castelion has secured a U.S. Navy production delivery order worth up to $200 million to manufacture, assemble, test and deliver an initial lot of Blackbeard hypersonic weapons to the fleet.

Navy shifts Blackbeard from prototypes to a production line under SBIR Phase III

The order was awarded by Portfolio Acquisition Executive Aviation (PAE(A)) through its Future Capability Development and Integration Aviation Rapid Capabilities Cell, marking the program's transition from early operational capability testing to full production rounds. It follows a June 2026 order for 50 Early Operational Capability weapons, extending the Navy's commitment to the air-launched hypersonic strike system.

Indianapolis – – September 17, 2026 -- Corteva, Inc. (NYSE: CTVA) has rejected an attempt by a coalition of State Attorneys General, including California, to block its planned corporate separation, calling the underlying PFAS liability claims "speculative and unproven."

State Attorneys General seek to halt split without pending PFAS trials or judgments

Corteva confirmed that no state petitioning for the injunction holds a judgment against the company related to PFAS liability, nor is any trial currently scheduled. The company stated it has never manufactured, sold, or traded PFOA or PFOS products during its seven-year corporate history.

Kansas City – September 17, 2026 -- KanEquip, Inc. has opened its first dealership dedicated exclusively to JCB equipment in Kansas City, expanding its footprint beyond the six existing Kansas locations that carry the brand.

KanEquip enters Kansas City after Trane's acquisition of CSTK creates market opening

The sale of Central States Thermo King (CSTK) to Trane, Inc. left a gap in local JCB support in Kansas City, which KanEquip moved to fill. The company said retaining CSTK's experienced staff, some employed since 2014, was the primary driver behind the market entry, citing their established knowledge of JCB equipment and rental-house customer relationships.

Dallas – September 17, 2026 -- Two Texas communities managed by FirstService Residential raised more than $56,000 for first-responder and veteran charities during 25th-anniversary tribute events marking the September 11 attacks.