Markets

SpringWorks Therapeutics’ EZMEKLY® (mirdametinib) received conditional EU approval for NF1-PN in adults and children (2+), marking the first and only EU-approved therapy for this rare genetic disorder. Backed by Phase 2b ReNeu trial data (n=114), EZMEKLY showed objective response rates of 41% in adults and 52% in pediatric patients, with ~41-42% median tumor volume reduction and durable responses. Available in capsule and dispersible tablet forms, EZMEKLY addresses a significant unmet need in an estimated 135,000 EU patients.

A Weibo hashtag “HarmonyOS Grand Hotel” is trending in China, spotlighting unique perks for Harmony Intelligent Mobility Alliance (HIMA) EV owners. Users are sharing photos of elaborate meals offered at HIMA authorized user centers. HIMA’s Weibo account encouraged car owners to “come home for a meal,” showcasing culinary offerings. These centers provide free charging, car washes, maintenance, and complimentary dining, enhancing the ownership experience. This strategy aims to build brand loyalty in China’s competitive EV market by transforming traditional service centers into comprehensive hubs.

An investigation reveals potential double standards in the restaurant industry, where some establishments allegedly use premium ingredients for dine-in customers while offering cheaper alternatives to delivery orders. This disparity, fueled by a lack of oversight and cost pressures, compromises food quality for delivery. The report highlights the need for industry regulation, transparent practices, and innovative solutions like “live kitchen streams” to ensure consistent quality and pricing, ultimately building consumer trust in the food delivery ecosystem.

SEGG Media (NASDAQ: SEGG) announced its sponsored drivers, Callum Ilott and Louis Foster, will compete in the 2025 Ontario Honda Dealers Indy Toronto. Foster seeks consistency after a strong Iowa performance, while Ilott aims to improve his best Toronto finish. Marc Bircham, Director of Sports.com, will attend. This follows

China’s SAMR summoned executives from Ele.me, Meituan, and JD.com, emphasizing compliance with laws like the E-Commerce and Food Safety Laws. Regulators urged responsible practices, standardized promotions, and fair competition to foster a healthy ecosystem. This follows heightened competition in the on-demand delivery sector, with platforms launching promotional campaigns. Meituan’s instant retail order volume reached 150 million on July 12th. Meituan CEO Wang Putao expressed reluctance towards the ongoing “delivery war”.

A Shanghai court upheld the termination of an employee, Xu Xiaojiao, who publicly insulted her smoking boss on WeChat. Xu’s comments violated company policy against insulting behavior, as outlined in the employee handbook. The court ruled that her remarks exceeded mere uncivil language and rejected her claim for wrongful termination compensation, emphasizing the need for professional conduct, even online. The initial ruling to terminate Xu was validated.

NuRAN Wireless (NRRWF) achieved its first positive EBITDA in Q1 2025, as highlighted in a corporate update video featuring key executives. The company is currently negotiating potential debt restructuring to improve financial terms and seeking additional operating funds. While the positive EBITDA marks a significant milestone, the need for further funding and debt restructuring suggests ongoing financial considerations.

Sony faces setbacks as Xperia 1 VII sales are globally suspended due to freezing problems. Simultaneously, the newly released WH-1000XM6 headphones are reportedly experiencing “broken hinge” issues. These product flaws pose a significant challenge for Sony’s reputation and may impact consumer confidence.

China’s online retail market experienced robust growth in the first half of 2025, driven by pro-consumption policies and evolving consumer trends. Key drivers include government stimulus boosting electronics sales, demographic-specific needs (e.g., “new elderly,” Gen Z), and a dual focus on value and premium products. AI-driven innovation, personalized experiences, and the integration of online and offline commerce are reshaping the market. Immediate retail is aiding in the recovery of physical locations, with new entrants like JD’s food delivery gaining significant market share.

Group streaming is evolving into a structured industry, offering diverse career paths for professionals in operations, content creation, and performance. Streamers like Shadow, Nick, and Qiqi highlight the industry’s dedication to talent development and professional production. They’ve found purpose and creative freedom, supported by meticulous rehearsals and specialized teams. While challenges like demanding schedules exist, the increasing platform regulations and genuine fan engagement are attracting more talent, dispelling previous stereotypes of suggestive content.