Sentia ASA (SNTIA.OL), a Nordic construction group, on Tuesday announced that its subsidiary HENT AS has been awarded a design-and-build contract by Skygard AS for Phase 2 of the OSL1 data centre at Økern in Oslo. The contract is valued at approximately NOK 320 million, excluding VAT. The construction...
Parsons Corp. (PSN) on Tuesday announced it has been selected by the Minnesota and Wisconsin Departments of Transportation for design oversight and construction oversight contracts related to the John Blatnik Bridge replacement project. The project is estimated to cost between $1.1 billion and $1.4...
ITT Inc. (ITT), a manufacturer of specialty components for the aerospace, transportation, energy and industrial markets, said on Tuesday that it has agreed to acquire privately held Aerospace Contacts LLC for $31 million. Aerospace Contacts produces precision contacts used in connectors for the aerospace...
Eight people on board a US Air Force B-52 bomber have been killed in a crash during test flight at Edwards Air Force Base in southern California. The B-52 Stratofortress reportedly crashed immediately after take-off from the remote air base at 11:20 a.m. local time Monday, and burst into flames. "Today,...
Equinor (EQNR.OL, EQNR) announced an intention to increase the 2026 share buy-back programme by $1.5 billion, bringing the total expected programme for 2026 to up to $3 billion, including shares to be redeemed from the Norwegian State. The increase will be distributed equally to the third and fourth...
Chinese used car retailer Uxin Ltd. (UXIN) on Tuesday reported a wider net loss for the first quarter as higher operating expenses offset a sharp increase in revenue driven by more than doubling used car sales volumes from a year earlier. Further, the company forecasts sequential growth in sales volumes...
Budweiser maker Anheuser-Busch InBev SA/NV (BUD, ABI.BR) announced that it will invest more than $20 million in its St. Louis brewery and Arnold can manufacturing plant in Missouri to expand production. The investment is expected to upgrade brewery and packaging equipment to boost capacity for fastest-growing...
SThree plc (STEM.L) issued a trading update for the half year ended 31 May 2026. Group net fees were down 7% from prior year, with the rate of decline moderating through the half, supported by strong growth in the USA. Contract net fees declined 8%. SThree plc expects fiscal 2026 performance to be in...
Saab (SAABb.ST) and the French General Directorate of Armaments, Direction générale de l'Armement, have signed a contract regarding Saab's Next Generation Light Anti-tank Weapon. Deliveries are scheduled 2026-2030. The order includes NLAW weapons as well as indoor and outdoor trainers. NLAW is Saab's...
General Motors Company (GM) is holding discussions with Lockheed Martin to supply components for the defense company's weapons, the Wall Street Journal reported, citing people familiar with the matter. Under the proposed arrangement, GM would produce commonly used parts for various munitions programs,...
Gold miner Newmont Corp. (NEM, NEM.AX) announced that it has appointed Brian Tabolt as chief financial officer and Mark Rodgers as chief operating officer. The company also named David Thornton chief technical officer, and promoted David Fry, currently Newmont's Group Head, Global Projects, to executive...
Takeda (TAK, 4502.T) presented additional results from two pivotal studies at SLEEP 2026, showing oveporexton or TAK-861 improved daily functioning as well as cognitive and sleep-related symptoms associated with narcolepsy type 1. The company said these data, along with previously disclosed Phase 3 results,...
Infratil Ltd. (IFT.NZ, IFT.AX) on Tuesday announced leadership changes aimed at supporting the company's ongoing growth, with Chief Financial Officer Andrew Carroll appointed to the newly created role of Chief Operating Officer and Deputy Chief Financial Officer Matt Ross promoted to CFO. Carroll,...
Defense technology company Lockheed Martin Corp. (LMT) announced late Monday that it has received a $514 million contract from the U.S. Space Force to build Global Positioning System IIIF Space Vehicles 23 and 24. According to the firm, the 14 upcoming GPS IIIF satellites will deliver advanced, reliable...
After moving sharply higher early in the session, stocks continued to turn in a strong performance throughout the trading day on Monday. The major averages all showed significant moves to the upside, with the Dow reaching a new record closing high.
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.