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  • SATS Q4 Profit Rises May 25, 2026 08:47 ET

    SATS Ltd (S58.SI) reported fourth quarter profit attributable to owners of the company of S$50.7 million, an increase of 31% from a year ago. Earnings per share, in cents, was 3.4 compared to 2.6. The company said the improvement was partly supported by lower tax expenses in the current period. Operating...

  • Done.ai Board To Evaluate Multiple Strategic Alternatives May 25, 2026 08:24 ET

    Done.ai Group AB (DONE.ST) said its Board of Directors has resolved to initiate a formal evaluation of strategic alternatives for Done.ai. The alternatives under consideration include continued independent execution against the company's financial targets, as well as a potential sale, co-investment,...

  • Brookfield Receives Approval For Renewal Of Normal Course Issuer Bid May 25, 2026 07:13 ET

    Brookfield Corporation (BN, BN.TO) has received approval from the Toronto Stock Exchange for the renewal of its normal course issuer bid to purchase up to 191,034,672 Class A Limited Voting Shares, representing 10% of the public float of Brookfields outstanding Class A Shares. The period of the normal...

  • Jason Marine FY Profit Rises May 25, 2026 06:55 ET

    Jason Marine Group (5PF.SI) reported that its fiscal year profit increased 71.4% to S$1.33 million. Net profit attributable to owners of the company increased 70.8% from S$0.8 million to S$1.3 million. Earnings per share, in cents, was 1.27 compared to 0.74. For the financial year, revenue rose 2.7%...

  • Vividthree To Report Lower Revenue, Loss For FY26 May 25, 2026 06:39 ET

    The Board of Vividthree Holdings Ltd. (OMK.SI) said, following a preliminary review of the unaudited financial results, the Group is expected to report a net loss for fiscal 2026, mainly attributable to lower revenue, recognition of impairment losses on goodwill arising from business combinations, fair...

  • European Shares Rally On US-Iran Deal Hopes; Banks Lead Gains May 25, 2026 05:03 ET

    European stocks surged to hit multi-week highs on Monday amid continued optimism around the trajectory of talks to end the Iran war. Oil prices fell nearly 6 percent, helping ease inflationary concerns after reports emerged that the U.S. is close to reaching a deal with Iran that would end the three-month-old...

  • Service Stream To Buy RIE Group May 25, 2026 04:32 ET

    Service Stream (SSM.AX), a network services company said Monday it has agreed to acquire Queensland-based high-voltage electrical and instrumentation firm, RIE Group, for an initial A$6.5 million, with potential additional payments of up to A$1.5 million. RIE Group operates in the oil and gas, power...

  • Jardine Matheson To Acquire I-MED May 25, 2026 04:27 ET

    Jardine Matheson Holdings Limited (J36.SI, JAR.L) has agreed to acquire a 100% interest in I-MED Radiology Network, specialized in diagnostic imaging and teleradiology based in Australia, from funds advised by Permira, acting through their UK platform, and other existing shareholders for a total enterprise...

  • Mapletree Industrial Trust To Sell Philadelphia Data Center For $14.5 Mln May 25, 2026 04:13 ET

    Mapletree Industrial Trust Management Limited, as manager of Mapletree Industrial Trust (MAPIF, ME8U.SI) said that DBS Trustee Limited, as trustee of Mapletree Industrial Trust, through its indirect wholly-owned subsidiary, has inked a deal to sell 2000 Kubach Road, Philadelphia, Pennsylvania-based data...

  • Ericsson To Relocate Its Stockholm Operations May 25, 2026 04:08 ET

    Ericsson (ERIC) announces the decision to relocate its Stockholm operations, including its headquarters, from Kista to Hagastaden on the northern city boundary. The Kista operations include R&D, business areas, group functions and the Imagine Studio. The process of moving employees in Kista is estimated...

  • Mitsubishi Chemical To Consider Spin-off Of Its Basic Chemicals Business May 25, 2026 03:53 ET

    Mitsubishi Chemical Group Corporation (4188.T) announced that Mitsubishi Chemical Corporation, its subsidiary, has begun considering the spin-off of its basic chemicals business, which is primarily focused on petrochemicals, as a wholly owned subsidiary. The company targets to implement the spin-off...

  • Alcidion Signs Contract With University Hospitals Sussex For Miya Precision EPR Platform May 25, 2026 03:01 ET

    Alcidion Group (ALC.AX) has signed a contract with University Hospitals Sussex for Miya Precision EPR platform. The platform will give clinicians real time access to patient records whilst streamlining patient flow and improving clinical decision making processes. The total contract value is approximately...

  • Adore Beauty 47-week Revenue Up 7.4% May 25, 2026 02:11 ET

    Adore Beauty Group (ABY.AX) issued an update on its unaudited year-to-date financial performance. For the first 47 weeks ending 24th May of fiscal year, revenue was up 7.4% over prior corresponding period to A$193.4 million. Year to date new customer acquisition was up 13.9%. For the second half,...

  • Nissan Scales Back UK EV Investment : Report May 24, 2026 13:13 ET

    Nissan Motor has decided to scrap its plan to manufacture electric vehicle (EV) drive units in the United Kingdom, according to a report by the Nikkei business daily. The move comes as the company faces weaker-than-expected sales of key EV models in Europe, prompting a reassessment of its investment...

  • Delivery Hero Confirms Uber's EUR 33/shr Takeover Proposal May 24, 2026 10:37 ET

    Responding to press speculation, Delivery Hero SE (DELHY, DHER.DE) confirmed that Uber Technologies, Inc. made an indicative proposal of 33 euros per share regarding a potential takeover of the German online food ordering and delivery platform. Delivery Hero said it remains fully focused on executing...

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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