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  • Colombia's Presidential Election Extends To Runoff June 01, 2026 07:20 ET

    Colombia's presidential election is heading to a runoff after Sunday's vote failed to produce a clear winner. The right-wing candidate Abelardo de la Espriella, a close ally of President Donald Trump, received the most votes - 43.7 percent - while the left-wing senator Iván Cepeda, an ally of the outgoing president Gustavo Petro, came second with 40.9 percent. As none of the 13 candidates in th

  • Lanvin Group Appoints Xi Luo As Chief Financial Officer June 01, 2026 06:31 ET

    Lanvin Group Holdings Limited (LANV), a luxury fashion company, said on Monday that it has appointed Xi Luo as chief financial officer, with effect from June 1. Subsequently, Andy Lew will cease serving as interim CFO with effect from the same day. Lew will continue to serve as executive president...

  • Thunderstorms Forecast Across Northern Rockies, Into The Plains June 01, 2026 06:25 ET

    The National Weather Service has warned that showers and thunderstorms will be possible from the northern Plains to the Gulf Coast on Monday. Thunderstorms with large hail and severe wind gusts are expected Monday afternoon and evening across parts of the central Plains. On Monday, a lingering upper-level...

  • US, Iran Exchange Fire Around The Strait Of Hormuz June 01, 2026 05:50 ET

    The United States and Iran have exchanged fire around the Strait of Hormuz over the weekend, marking the third escalation of hostilities last week in the region. The U.S. Central Command said it conducted "self-defense strikes on Iranian radar and command and control sites for drones in Goruk, Iran,...

  • Pan African Resources: FY26 Gold Production In Line With Lower End Of Guidance June 01, 2026 04:38 ET

    Pan African Resources (PAF.L, PAN.JO) issued an operational update ahead of the financial year ending 30 June 2026. The company recorded an increase of approximatley 40% in annual gold production to approximately 275,000oz, in line with the lower end of fiscal 2026 production guidance of 275,000oz to...

  • Applied Nutrition Announces Upgrade To FY26 Guidance; Acquires Majority Of Assets Of Nutrablend June 01, 2026 03:05 ET

    Applied Nutrition (APN.L) said its trading in the current fiscal year to date remains strong. Excluding any contribution from the acquisition of Nutrablend, the Board now expects the Group's fiscal 2026 revenue to be ahead of current consensus market expectations at approximately 148 million pounds,...

  • UAW Calls For Strike At GM Pickup Truck Axle Supplier Dauch Corp. As Contract Talks Fail June 01, 2026 01:55 ET

    The United Auto Workers or UAW has called for an unfair labor practice strike at a Michigan factory of Dauch Corp. (DCH), formerly American Axle that supplies pickup truck axle for General Motors Co. (GM), following failiure to reach a contract after weeks of negotiations. In a statement, the union...

  • European Shares Seen Tad Lower At Open June 01, 2026 01:38 ET

    European stocks are seen opening a tad lower on Monday as Tehran and Washington remain at odds over the removal of highly enriched uranium and the reopening of Strait of Hormuz. Both sides have exchanged messages over the weekend seeking changes to a draft agreement aimed at prolonging a ceasefire. U.S....

  • SoftBank, Sesterce JV To Develop 1 GW AI Data Center Campus In France; Stock Up June 01, 2026 01:26 ET

    SoftBank Group Corp. (9984.T, SFTBY) announced that its joint venture with a French AI and high-performance computing infrastructure company, Sesterce Group, has been selected to develop and operate a 1 GW artificial intelligence data center campus in Bosquel, France. The project forms part of SoftBank's...

  • Berkshire Hathaway To Buy Taylor Morrison For $8.5 Bln In Cash Deal; Taylor Morrison Stock Gains June 01, 2026 00:58 ET

    Warren Buffett's Berkshire Hathaway Inc. (BRK-A, BRK-B) announced late Sunday its definitive agreement to acquire Taylor Morrison Home Corp. (TMHC), a community developer and homebuilder, for $72.50 per share in cash. The deal represents a total equity value for Taylor Morrison of around $6.8 billion...

  • J&J Phase 1b/2 OrigAMI-4: Subcutaneous Amivantamab Shows 42% ORR In Head & Neck Cancer May 31, 2026 09:37 ET

    Johnson & Johnson (JNJ) announced pivotal results from the Phase 1b/2 OrigAMI-4 study, which evaluated subcutaneous amivantamab with hyaluronidase-lpuj in patients with advanced head and neck squamous cell carcinoma previously treated with immunotherapy and chemotherapy. The regimen delivered durable...

  • J&J Phase 3 : Apalutamide + Hormone Therapy Before & After Surgery Improves Prostate Cancer Outcomes May 31, 2026 09:27 ET

    Johnson & Johnson (JNJ) announced results from the final analysis of the Phase 3 PROTEUS study, evaluating apalutamide plus hormone therapy (androgen deprivation therapy, ADT) given for six months before and after prostate cancer surgery. The investigational regimen significantly improved both short-...

  • Pfizer's BRAFTOVI Combo Nearly Doubles PFS In BRAF V600E Metastatic Colorectal Cancer May 31, 2026 08:40 ET

    Pfizer Inc. (PFE) announced detailed progression-free and overall survival results from Cohort 3 of the Phase 3 BREAKWATER trial. This randomized cohort evaluated BRAFTOVI (encorafenib) in combination with cetuximab (ERBITUX) and FOLFIRI (fluorouracil, leucovorin, and irinotecan) versus FOLFIRI with...

  • Eli Lilly's Retevmo Phase 3 LIBRETTO-432 Cuts Recurrence Risk 83% In RET+ Early-Stage NSCLC May 31, 2026 08:26 ET

    Eli Lilly and Co. (LLY) announced results from the Phase 3 LIBRETTO-432 clinical trial of Retevmo (selpercatinib) as adjuvant therapy versus placebo in patients with early-stage (IB-IIIA) RET fusion-positive non-small cell lung cancer (NSCLC). The study met its primary endpoint, showing a highly statistically...

  • FDA Approves MannKind's Afrezza For Children And Adolescents With Type 1 And Type 2 Diabetes May 30, 2026 23:43 ET

    MannKind Corp. (MNKD) announced that the U.S. Food and Drug Administration approved Afrezza (insulin human) Inhalation Powder for use in children and adolescents aged 6 and older living with type 1 and type 2 diabetes. The approval expands Afrezza's availability beyond adults, introducing a new mealtime...

Global Economics Weekly Update -May 18 – May 22, 2026

May 22, 2026 14:46 ET
Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.

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