B&R Technology Merger Corp. Announces the Separate Trading of its Class A Ordinary Shares and Warrants, Commencing September 10, 2026

SK Group Chairman Chey Tae-won's visits to a New York steakhouse have drawn attention to SK hynix's (000660.KS) plans for a NAND flash plant in New York state via its subsidiary Solidigm. SK hynix has halted Solidigm's IPO plans due to market conditions but remains committed to investment. The plant aims to diversify production and meet local manufacturing demands.

Braskem (BVMF) and creditors are close to a $11bn debt restructuring deal, with proposals involving equity injections and debt-to-equity conversions. Creditors' plan includes $4bn in initial capital, while Braskem's proposal totals $5bn. Both sides have until November 22 to finalize the agreement, with Petrobras (NYSE:PBR) and IG4 Capital Group retaining control under Braskem's plan.

Samsung Electro-Mechanics, a Samsung Group subsidiary, received investments from Nvidia (2.6 trillion won) and Tesla (1.1 trillion won) for AI semiconductor production. The company produces MLCC and FC-BGA, crucial for AI data centers and semiconductors. Nvidia and Tesla aim to secure stable substrate supplies for their AI and automotive technologies.

Strategy increased its preferred-share repurchase authorization to $3 billion. The company spent $193 million on share buybacks and acquired 267 BTC in the same period. Perpetual preferred shares have no fixed maturity, potentially easing refinancing pressure and attracting yield-seeking investors.

Meta Platforms' board considered resigning over a dispute with CEO Mark Zuckerberg about a stock-heavy pay package and a new class of stock. The conflict involved Zuckerberg's control over voting power and board concerns for outside shareholders. Meta reported negative free cash flow of $2.12 billion in Q3 2026. The issue was resolved with a compromise that allows Zuckerberg to sell shares without losing voting power, but investor concerns about AI spending and cash flow remain.

Meta Platforms plans to create a new class of non-voting shares (Class C) by January 2027, using them for capital raising, employee compensation, and acquisitions. The shares will trade at a discount, causing dilution, and may limit tax-deferred deals. Meta's Q3 capex was $34.91 billion, with negative free cash flow of $2.12 billion. CEO Mark Zuckerberg retains voting control.