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 (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 (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,...
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 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 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...
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...
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...
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 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 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...
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...
Oculis Holding AG (OCS) announced that its Phase 3 DIAMOND-1 and DIAMOND-2 trials of OCS-01 eye drops in patients with diabetic macular edema (DME) did not achieve the primary endpoint. The mean change in best corrected visual acuity (BCVA) measured by ETDRS letter score at Week 52 was not met in either...
Pfizer Inc. (PFE) announced detailed results from the pivotal Phase 3 TALAPRO-3 study evaluating TALZENNA (talazoparib), an oral PARP inhibitor, in combination with XTANDI (enzalutamide), an androgen receptor pathway inhibitor, in men with homologous recombination repair (HRR) gene-mutated metastatic...
F.lli Ferrari Holding, ultimately owned by Mutares SE & Co. KGaA, has signed an agreement for the partial sale of its Netherlands distribution business to HMF Group. The transaction is expected to close in early June 2026, subject to customary closing conditions. The divested business generates approximately...
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.