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The Latest Breaking News from CMC

China's Xi Jinping promotes two PLA generals after anti-corruption purge thins top military ranks

China's leader, Xi Jinping, has made notable advancements by promoting two military officials to generals, marking a pivotal change in the People's Liberation Army's hierarchy. Following rigorous anti-corruption efforts that reshaped the leadership structure, these promotions are essential for restoring loyalty and filling key positions within the Central Military Commission,…

The Times of India

Alibaba, Baidu, and BYD Flagged as 'Chinese Military Company' by Pentagon Over Security Concerns

The US has controversially added Alibaba, Baidu, and BYD to a list of Chinese military companies, sparking tensions and prompting the firms to challenge the designation.

International Business Times UK

Dear Baidu Stock Fans, Mark Your Calendars for June 30

Heightened DoD controls on Baidu are set to come into effect by month's end.

Barchart

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FTSE 100 up despite Asia-focused financials falls

The FTSE 100 closed up 28.02 points, 0.3%, at 10,360.32.

Evening Standard

CMC Markets H2 Earnings Call Highlights

CMC Markets (LON:CMCX) said it delivered a stronger financial performance in fiscal 2026 as institutional and business-to-business activity continued to scale, while management outlined plans for further investment in retail growth, product expansion and major banking partnerships. Founder and CEO

MarketBeat

CMC Markets shrugs off ‘extreme volatility’ to deliver stronger profits

Shares in the online trading company jumped early on Thursday as a result.

Evening Standard

Elmet Group Q1 Earnings Call Highlights

Elmet Group (NASDAQ:ELMT) reported higher first-quarter revenue and profit metrics in its first earnings call as a public company, with management pointing to growth in aerospace, defense and government demand, rising tungsten prices and a record backlog as key themes shaping the business. Chairman

MarketBeat

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China issues new rules to keep senior military officials in check

Xi's sweeping anti-graft campaign has gutted the top ranks, bringing down two defence ministers in the past three years and reducing the once seven-member Central Military Commission (CMC) -- China's top military body -- to just Xi and one other general.

The Economic Times

Revealed: Axel Springer skipped due diligence before £575m Telegraph takeover

Sources say German group may struggle to recoup its investment as titles shift to less profitable models

The Guardian - UK

When will car finance compensation be paid out and how much could you get?

Financial Conduct Authority says millions of claims will be paid up this year and vast majority settled by end of 2027

The Guardian - UK

Watchdogs join up to tackle saga motorists face making car finance claims

Final decisions on the long-awaited programme will be published by the FCA.

Evening Standard

Commercial Metals Stock Price Poised to Slingshot Higher in Q3

Commercial Metals Company is on track to rebound robustly in Q2 and Q3 2026 as its business grows and margins widen. Execution is a risk and a catalyst.

MarketBeat

Why Xi purged China’s top military general

Zhang Youxia, a top military general and vice-chairman of the body in overall command of China’s military forces, was removed from office on January 23. His departure means all but one of the seven members of the central military commission (CMC), which is chaired by Chinese president Xi Jinping, have…

The Conversation

Fate of China’s top general more likely to do with power struggle than corruption

Experts suggest Xi Jinping is asserting his authority by sidelining an officer who has significantly betrayed his trust

The Guardian - UK

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The Times of India

Xi Jinping’s 'Sacred Games': Why China’s leader keeps purging PLA generals

“Sab marr jaayenge, sirf Trivedi bachega.”

The Guardian - UK

China’s top general under investigation for alleged violations amid corruption crackdown

Zhang Youxia, long seen as Xi Jinping’s closest military ally, reportedly accused of leaking nuclear secrets to US

The Times of India

'Unprecedented purge': China's No. 1 general under investigation - why it matters

China's top general, Zhang Youxia, is under investigation for "serious violations of discipline and the law," marking a significant military purge. This move by President Xi Jinping underscores the paramount importance of absolute party control over the armed forces, aiming to ensure ideological reliability and loyalty amidst rapid military modernization…

International Business Times

President Hiram Chodosh and Claremont McKenna's Quiet Crusade for Educational Access and Unity

Claremont McKenna College's approach isn't just reshaping its campus—it's influencing national conversations.

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The Independent UK

Chinese Communist Party ousts 11 key officials in biggest purge since 2017

Zhang Shengmin replaces He Weidong as second-ranked vice chair of powerful Central Military Commission

The Guardian - UK

Jaguar Land Rover hack has cost UK economy £1.9bn, experts say

Cybersecurity body says more than 5,000 organisations affected in most costly cyber-attack to hit Britain

The Independent UK

Cost of Jaguar Land Rover cyber attack revealed

IN FULL

Evening Standard

JLR cyber attack cost the UK £1.9 billion, say experts

Around 5,000 businesses across the country have been hit by the fallout of the attack, according to the Cyber Monitoring Centre (CMC).

The Independent UK

Jaguar Land Rover cyber attack the costliest in UK history

About 5,000 businesses across the country have been hit by the fallout

Benzinga

Commercial Metals Eyes Steady Growth Despite Seasonal Dips

Commercial Metals Company (NYSE:CMC) delivered stronger-than-expected fourth-quarter results on Thursday before market open, driven by higher sales and improved profitability across its operations.

Benzinga

Commercial Metals To Acquire CP&P In $675 Million Push Into Precast Market

Commercial Metals Co. (NYSE:CMC) said Thursday it will buy Concrete Pipe Precast LLC for $675 million in cash, expanding into the U.S. precast concrete sector with operations across the Mid-Atlantic and South Atlantic regions.

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