NEPI Rockcastle secures €250m green loan from European development bank

Intel raised its common stock offering to $20B from $15B, pricing about 210.53M shares at $95 each. The deal is expected to raise about $19.7B in net proceeds, with a 30-day option for underwriters to buy up to 31.58M more shares. If fully exercised, gross value could reach about $23B. Proceeds will be for general corporate purposes, including capex and working capital.

General Motors said Chevrolet will stop selling new cars in China, ending retail operations after nearly 21 years, according to the company. GM noted Chevrolet previously sold over 760,000 units annually and reached more than 7.5 million Chinese owners. GM added it will keep producing in China but refocus on exporting vehicles to markets outside the US.

JBS, the Brazil-based meatpacker, named Wesley Batista Filho CEO effective Jan 2027, replacing Gilberto Tomazoni, who will become vice chairman and adviser. The company reported a $102 million Q2 net loss versus a $528 million profit a year earlier, despite record $23.9 billion revenue. JBS shares fell after the announcement.

Strategy, the publicly traded firm that has held large Bitcoin reserves since 2020, disclosed Bitcoin sales after shifting from its prior buy-and-hold stance. It sold 1,690 BTC for about $108.6 million last week, continuing earlier 2026 sales. Since May, it has sold 6,948 BTC for about $432.5 million, citing shareholder and capital needs. Strategy’s framework allows up to $1.25 billion in sales.

Sphere 3D Corp. (NASDAQ: ANY) said its board approved a limited-duration shareholder rights plan with TSX Trust Company as rights agent, effective immediately. The plan attaches one right per common share and generally becomes exercisable if a buyer accumulates at least 20%. Rights expire Aug. 10, 2027, and are meant to address unsolicited takeovers.

Barrick Mining named Sebastiaan Bock to lead its Rest of World division, overseeing international gold and copper operations in Africa, the Middle East, Latin America and Asia Pacific. Barrick said the unit produces over 2 million gold-equivalent ounces annually and expects output to rise more than 20% over three years. The appointment follows a settlement with Newmont: $1.95 billion cash and consent to Barrick’s planned North America IPO by year-end.