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Zoomlion Expands Mining Machinery Business as International Revenue Grows - TradingView
CHANGSHA, China, Oct. 10, 2026 /CNW/ -- Zoomlion Heavy Industry Science & Technology Co., Ltd. ("Zoomlion") is expanding its mining machinery business and strengthening international operations. In the first half of 2026, its mining machinery business grew by more than 57.20% year on year, while company-wide international revenue rose 12.45% to RMB 15.535 billion, accounting for 57.25% of total revenue. Zoomlion is developing its construction, agricultural and mining machinery businesses across three major global equipment markets. Its mining portfolio covers excavation, loading, haulage, crushing and screening. Flagship models include the ZE4000G, a 400-tonne mining excavator, and the ZTE520 hybrid electric-drive mining truck, with a rated payload of 300 tonnes. Zoomlion's mining engineering roots stretch back decades. In 1987, its predecessor, the Changsha Construction Machinery Research Institute, received a State Council award for developing a complete open-pit mining system capable of handling 10 million tonnes a year.
Horsch Exits Forestry Equipment Business to Refocus on Agricultural Machinery - Maquinac
Horsch has decided to withdraw from the forestry machinery business just over a year after entering the sector through the creation of Horsch Pirk Forestry. The company will transfer the business to Michael and Markus Pirkenseer, who will continue operating independently and assume responsibility for sales and service of the forestry equipment. The decision will allow Horsch

A 20-meter Fiber Keeps Photons Entangled For Complex Operations - Quantum Zeitgeist
Researchers have demonstrated programmable quantum operations using a 20-meter multimode fiber, a distance previously limiting for maintaining quantum coherence. The work overcomes challenges posed by modal dispersion by harnessing ultra-long coherence from a warm 87Rb atomic ensemble to generate heralded single photons. The experimental setup relies on three key stages, beginning with the generation of heralded single photons via spontaneous four-wave mixing (SFWM) within the 87Rb atomic vapor cell, a process where pump and coupling lasers excite atoms to produce correlated photon pairs. These photons are then spatially filtered and coupled into single-mode fibers, forming the foundation for quantum information processing.
Oil Prices Climb Above $110 as Middle East Supply Fears Persist - Crude Oil Prices Today | OilPrice.com
Crude oil prices ticked higher earlier today, extending gains from Tuesday as traders continued to worry about the stability of flows out of the Middle East. At the time of writing, Brent crude was trading at $110.30 per barrel, with West Texas Intermediate at $99.12 per barrel, both up by over 1% from Tuesday. The latest inventory report out of the U. S. contributed to the bullish sentiment with another sizable draw estimated for last week. The rally also comes despite a Wall Street Journal report from Tuesday that said oil flows out of the Middle East had topped pre-war levels in the week to October 18, running at a daily average of 24 million barrels. The report cited data from Kpler, which Reuters had cited in a separate report as estimating Hormuz flows specifically at 8.5 million barrels daily, because of intensified Iranian attacks. For the WSJ report, the Hormuz flows were estimated at 14 million barrels daily.

Elon Musk says SpaceX and Tesla exploring largest merger in history - Al Jazeera
Tech mogul says tie-up has a ‘lot of merit’, given firms’ complementary work on AI. Elon Musk has revealed that SpaceX and Tesla are exploring a possible merger, a tie-up that would create a corporate colossus worth more than $3 trillion. Musk said on Tuesday that his two largest companies had established special committees to explore a merger. Recommended Stories list of 4 itemslist 1 of 4NATO to send additional patrol planes to Black Sea after drone attackslist 2 of 4Moment plane crashes on a busy highway in the USlist 3 of 4King Charles welcomes Omani sultan, hails peace efforts in UK state visitlist 4 of 4One year on: Has Kenya’s opposition lost its way without Raila Odinga?end of listThe SpaceX and Tesla CEO said the idea had a “lot of merit”, given the companies’ complementary work on artificial intelligence, but the committees had not come to any agreement on a proposal. “They’ve got to come up with something, and then that’s got to be put to the shareholders as a vote,” Musk said on a SpaceX earnings call.
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