IJR News — today's news from every sidePakistan Regains B Rating Following S&P Upgrade — Jul 22, 2026S&P Global Ratings upgraded Pakistan’s long-term sovereign credit rating to B from B- with a stable outlook, crediting stronger institutions, sustained IMF-backed reforms, improved fiscal discipline, and a sharp rise in foreign exchange reserves to about $25.3 billion, boosting external financing capacity. The upgrade, welcomed by the government, is expected to boost international investor confidence, support continued growth and reform momentum, and open up new financing opportunities as Pakistan pursues a stronger fiscal stance in the coming years.
Marcus Bell Focusing on tech financials and healthcare should help hit that 750 billion assets target by 2030. 
Ramkrishna Forgings Q1FY27 Revenue 12.17B, Profit 46.88crBusiness — Jul 24, 2026Ramkrishna Forgings posted solid Q1 FY27 with consolidated revenue around ₹1,216.7-₹1,217 crore and net profit of ₹46.88 crore, with EBITDA margin expanding to 17.96% as the company approved ₹170.52 crore in capex to add capacity including a 4,000-tonne press line and passenger-vehicle components. The results reflect growth across domestic and export markets and ongoing diversification into railways, oil and gas, mining, aerospace, and non-ferrous forgings.
IJRWhy Europe Losing Saudi Oil Could Become America’s ProblemSimon August · 12 min · 11h
Etched raises $300M Series C at $10.3B valuation — Jul 23, 2026Etched, a San Jose-based AI chip startup building GPU-free inference processors, raised $300 million in a Series C at a $10.3 billion post-money valuation led by Sequoia with participation from Andreessen Horowitz, SK Hynix, Jane Street, and Diffusion, doubling its previous valuation and signaling rapid scale. The company plans to expand production, deploy facilities near its headquarters, and commercialize its inference hardware to challenge Nvidia in transformer-based AI workloads, with over $1 billion in orders already booked.
Ant International secures $1.2B for global payments expansionBusiness — Jul 21, 2026Ant International raised about $1.2 billion in a Series A, with participation from Ant Group and Alibaba as it pursues global expansion in merchant payments, account management and other financial services, while integrating AI across its infrastructure. The Singapore-based unit, spun out in 2024, operates four units—Alipay+, Antom, WorldFirst and Bettr—across Asia, Europe, the Middle East and Latin America, serving roughly 150 million merchants and 2 billion user accounts and was valued at about $10 billion prior to the funding.
