On Tuesday, the UK has annuonced a major sanctions package aimed at choking off Russia's war effort across multiple fronts. The latest round of punitive action by the UK includes 70 new sanctions targeting Russia's illicit shadow fleet, military procurement supply chains, and illicit finance networks used to circumvent Wedtern sanctions. The sanctions further crack down on Russia's decrepit
Chemical makers Olin Corp. (OLN) and Huntsman Corp. (HUN) announced on Tuesday that they have agreed to combine in an all-stock merger of equals to create a North American chemicals company worth more than $12 billion. In pre-market activity on NYSE, shares of Huntsman were down 8.78 percent, changing...
F&G Annuities & Life (FG) announced that Chris Blunt will retire from his current role as Chief Executive Officer of F&G to focus on his roles as a Director of F&G and Chief Executive Officer of subsidiary Peak Altitude Equity. Blunt will focus on leading the formal process to explore strategic alternatives...
In a landmark move, the UK government has banned Social media platforms to under-16s. The Department for Science, Innovation and Technology said the Social media platforms will be blocked from offering services to children below this age group to protect kids with world-leading additional restrictions on harmful features online such as live streaming and strangers communicating with children. T
Ferguson Enterprises Inc. (FERG), a distributor of plumbing and HVAC products, on Tuesday said it will delist its shares from the London Stock Exchange and end its UK secondary listing from July 20, 2026. The company had moved its primary listing from the LSE to the New York Stock Exchange in 2022. Ferguson...
Biotechnology platform company NovaBridge Biosciences (NBP) announced Tuesday that the U.S. Food and Drug Administration (FDA) has granted Fast Track Designation to givastomig in combination with nivolumab and chemotherapy for the treatment of patients with previously untreated HER2-negative advanced...
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...
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.