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August 25th - Today, the Long March 6C Y1 carrier rocket was launched from the Taiyuan Satellite Launch Center, successfully sending seven satellites, including Zhongke Satellite 14, Zhongke Satellite 15, Muduo 1A, Muduo 1B, Jingan Dream Star, Bayi 04, and Galaxy Aerospace Lingzhi 09 Thailand CubeSat, into their predetermined orbits. The flight test mission was a complete success.
The Federation of Thai Industries reported that automobile production in July increased by 6.12% year-on-year (compared to a 7.55% decrease in June).
Canaton Press: Raises target price for Workday (WDAY.O) to $225 from $200.
On August 25th, CNBC reported that Porsche has signed a five-year cooperation agreement worth €1.25 billion (approximately $1.46 billion) with Tata Consultancy Services (TCS), Indias largest information technology services company, for collaboration in the field of artificial intelligence. TCS will establish a dedicated center to oversee the application of AI technologies by Porsche. As part of the agreement, Porsche will transfer its IT consulting business to TCS for approximately €320 million.
On August 25, the Pakistani military issued a statement saying that Army Chief of Staff Munir held consultations with Iranian officials, focusing on preventing further escalation of the Middle East conflict and reopening the Strait of Hormuz. The statement added that Munir also discussed regional peace and ways to resolve disputes through negotiations.