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  • Anthropic, Amazon Expand Collaboration; Amazon To Invest In Anthropic April 20, 2026 23:53 ET

    Anthropic said it has signed an agreement with Amazon (AMZN) that will deepen existing partnership and secure up to 5 gigawatts of capacity for training and deploying Claude, including new Trainium2 capacity coming online in the first half of the current year and nearly 1GW total of Trainium2 and Trainium3...

  • Hyundai, TVS Sign Joint Development Agreement To Commercialize Electric Three-wheelers In India April 20, 2026 23:39 ET

    Hyundai Motor (005380.KS) and TVS Motor (532343) have signed a Joint Development Agreement to advance the development and commercialization of Electric Three-Wheeler solutions in India and additional markets. Hyundai Motor will lead the design of and co-develop the E3W by leveraging its research and...

  • Challenger Q3 Life Sales Up 19%; Tightens FY26 Normalised Basic EPS Guidance April 20, 2026 23:31 ET

    Challenger (CGF.AX) reported its third quarter total Life sales were A$1.7 billion, up 19% from last year. Funds Management FUM was A$104.5 billion, a decrease of 10% for the quarter, driven by net outflows of A$8.0 billion, A$3.4 billion of negative investment market movements driven by the war in Iran...

  • Ethiopian Airlines Finalizes Purchase Of Six Boeing 787-9 Dreamliners April 20, 2026 21:09 ET

    Boeing (BA) and Ethiopian Airlines announced the purchase of six 787 Dreamliner jets, as the airline fully exercises commitments from its landmark 2023 order. The new 787-9 aircraft will support Ethiopian Airlines in expanding its intercontinental network from Addis Ababa while also boosting cargo capacity...

  • U.S. Stocks Move Modestly Lower Following Last Week's Surge April 20, 2026 16:10 ET

    Following the substantial rally seen last week, stocks saw a modest pullback during trading on Monday. The major averages all moved to the downside, although selling pressure was relatively subdued. The major averages finished the day well off their lows of the session but still in the red.

  • Massimo Group CEO David Shan Steps Down, Quenton Petersen Becomes New CEO; Stock Falls April 20, 2026 11:12 ET

    Massimo Group (MAMO), Monday announced the transition of David Shan's role from Chief Executive Officer to Executive Chairman of the company. Also, it announced the appointment of Quenton Petersen as the new CEO, effective April 14, 2026. Commenting on the company's plans, Petersen said, "We plan...

  • BWX Technologies Stock Falls 3% Over Announcement To Acquire Precision Components Group April 20, 2026 10:45 ET

    Stock of BWX Technologies, Inc. (BWXT) is falling about 3 percent on Monday morning trading after it announced an agreement to acquire Precision Components Group, LLC, including its subsidiaries Precision Custom Components and DC Fabricators. The company's stock is currently trading at $228.21, down...

  • U.S. Stocks Seeing Modest Weakness Following Last Week's Spike April 20, 2026 10:35 ET

    Stocks are seeing modest weakness during trading on Monday, giving back ground following the substantial rally seen in the previous week. The major averages have all moved to the downside, although selling pressure appears relatively subdued. The modest weakness on Wall Street comes amid concerns about the re-escalation of tensions between the U.S. and Iran.

  • American Airlines Group Stock Falls 4% April 20, 2026 10:33 ET

    Shares of American Airlines Group Inc. (AAL) are falling about 4 percent during Monday morning trading, possibly due to a statement released by the company last week, clearing rumors regarding a merger with United Airlines. The company's stock is currently trading at $12.15, down 4.85 percent, over...

  • Medtronic Closes $585 Mln Cathworks Deal To Expand AI-Driven Heart Diagnostics April 20, 2026 10:31 ET

    Medtronic plc (MDT), a healthcare technology company, on Monday announced that it has completed its acquisition of privately held medical device company CathWorks in a deal valued at $585 million, with a possibility of potential undisclosed earn-out payments. The purchase follows a 2022 co-promotion...

  • EnCore Energy Replaces CEO Robert Willette With Richard Little, Will Sheriff Returns As Exec Chair April 20, 2026 09:54 ET

    enCore Energy Corp. (EU), an energy company, on Monday announced that it has named Richard Little, as chief executive officer and director supplanting Robert Willette effective immediately. Founder and former Executive Chair, William Sheriff will return as executive chair, with immediate effect, at...

  • TopBuild Stock Gains 16% April 20, 2026 09:52 ET

    Shares of TopBuild Corp. (BLD) are rising about 16 percent on Monday morning trading, possibly due to QXO, Inc.'s (QXO) announcement yesterday to acquire the company for $17 billion. The company's shares are currently trading at $478.04 on the New York Stock Exchange, up 16.50 percent. The stock...

  • AT&T, Citigroup Introduces New Benefits Of AT&T Points Plus Card April 20, 2026 09:04 ET

    AT&T Inc. (T) and Citigroup Inc. (C), Monday announced new benefits of the AT&T Points Plus Card, which now includes monthly AT&T wireless and internet bill discounts, 2x ThankYou Points on AT&T products and services and no foreign transaction fees. Through this program, the card offers wide-ranging...

  • U.S. Stocks May Give Back Ground Amid Re-Escalation Of U.S.-Iran Tensions April 20, 2026 08:55 ET

    Following the substantial rally seen last week, stocks are likely to give back ground in early trading on Monday. The major index futures are currently pointing to a lower open for the markets, with the S&P 500 futures down by 0.4 percent. Concerns about the re-escalation of tensions between the U.S....

  • Apollo Funds To Acquire About 13% Minority Interest In McKesson's Medical-Surgical Solutions April 20, 2026 08:36 ET

    McKesson Corporation (MCK), a healthcare service provider, said on Monday that it has inked a deal with Apollo Funds to sell a minority ownership interest in Medical-Surgical Solutions, or MMS, business. "This transaction represents a meaningful milestone as McKesson executes its separation strategy...

Global Economics Weekly Update: April 13 – April 17, 2026

April 17, 2026 15:29 ET
The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.