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  • Townsquare Swings To Profit In Q1, Reaffirms FY26 Guidance May 11, 2026 07:56 ET

    Townsquare Media, Inc. (TSQ), a community-focused digital media, digital marketing solutions, and radio company, on Monday posted a first quarter profit versus a year-ago loss after a higher income tax benefit offset lower revenue. For the first quarter, net income was $2.96 million or $0.16 per share...

  • Dyne Therapeutics Q1 Net Loss Widens May 11, 2026 07:55 ET

    Dyne Therapeutics, Inc. (DYN) reported Monday that net loss for the first quarter was $120.85 million or $0.73 per share, compared to net loss of $115.36 million or $1.05 per share in the prior-year quarter. In Thursday's pre-market trading, DYN is trading on the Nasdaq at $17.50, down $0.11 or 0.62...

  • HHS Launches Moms.Gov For New And Expecting Mothers May 11, 2026 07:40 ET

    On Mother's Day, the U.S. Department of Health and Human Services launched Moms.gov, a groundbreaking website for new and expecting mothers. This resource offers guidance and information to support the health and well-being of mothers and their families.Moms.gov also supports expecting parents who are...

  • SolarEdge Technologies Appoints Maoz Sigron As CFO May 11, 2026 07:33 ET

    SolarEdge Technologies, Inc.(SEDG), a provider of inverter systems and other power products, said on Monday that it has appointed Maoz Sigron as chief financial officer with effect from May 31. Sigron will replace Asaf Alperovitz, who will step down from the role to pursue another opportunity. Most...

  • Apollo To Acquire Emerald, Questex In All-Cash Deals; Emerald Shares Up May 11, 2026 07:13 ET

    Apollo Global Management, Inc. (APO), on Monday said Apollo-managed funds entered into separate definitive agreements to acquire Emerald Holding, Inc. (EEX) and Questex, LLC in all-cash transactions. The transaction is expected to close in the second half of 2026. The company said it intends to...

  • Barrick Mining Q1 Net Income Rises May 11, 2026 06:27 ET

    Barrick Mining Corporation (B, ABX.TO) reported first quarter net earnings of $1.60 billion conmpared to $474 million, prior year. Net earnings per share was $0.96 compared to $0.27. Adjusted net earnings increased to $1.65 billion from $603 million. Adjusted net earnings per share was $0.98 compared...

  • Samsung Securities Earnings Up In Q1 May 11, 2026 05:17 ET

    Samsung Securities Co.,Ltd. (016360.KS), a South Korean financial investment and securities firm, on Monday reported higher net income in the first quarter of the full year 2026 compared with the previous year. For the first quarter, net income attributable to shareholders of the parent company KRW...

  • Orkla ASA Q1 Profit Down, Interest Income Rises May 11, 2026 04:54 ET

    Orkla ASA (ORKLY.PK), a Norwegian industrial investment company,reported Monday lower profit in its first quarter, despite growth in interest income. In the first quarter, profit from ordinary operations after tax declined to 43.99 million Norwegian kroner from last year's 46.72 million kroner. Profit...

  • GSK Launches Final GBP 0.18 Bln Tranche Of GBP 2 Bln Share Buyback May 11, 2026 03:31 ET

    GSK plc (GSK, GSK.L, GS71.DE), on Monday announced the commencement of the fifth and final tranche of its 2 billion pounds share buyback program, covering up to about 0.18 billion pounds, to complete the plan announced in February 2025. The drugmaker said purchases under the final tranche will begin...

  • Daiichi Sankyo Earnings Fall; Guides FY27 May 11, 2026 03:04 ET

    Daiichi Sankyo Co. Ltd. (DSKYF, 4568.T, DSNKY), a Japanese pharmaceutical company, on Monday reported lower net income in the full year ended March 31, 2026 compared with the previous year. For the full year 2026, profit attributable to the owners of the company declined 12.1 percent to 259.87 billion...

  • Q.beyond Posts Wider Loss In Q1; Confirms 2026 Outlook May 11, 2026 02:10 ET

    q.beyond AG (QBY.DE) posted a first quarter net loss of 1.1 million euros compared to a loss of 0.3 million euros, prior year. EBITDA was 1.5 million euros compared to 2.3 million euros, previous year. The company said its earnings were influenced by future growth investments to expand AI expertise and...

  • Stabilus SE To Sell Fabreeka, Tech Products To VMC Group; Reaffirms FY26 Guidance May 11, 2026 02:09 ET

    Stabilus SE (SIUAF, STM.DE), a supplier of motion control solutions, on Monday announced the sale of subsidiaries Fabreeka and Tech Products to VMC Group for about $92 million. The transaction is expected to close in the third quarter of fiscal year 2026. The divestiture forms part of the company's...

  • Yindjibarndi Energy Reaches Financial Close For Jinbi Solar, Signs 30-Yr Rio Tinto Deal May 11, 2026 02:08 ET

    Rio Tinto Plc (RTNTF, RIO, RIO.L, RTPPF, RIO1.DE, RIO.AX), an Anglo-American mining and metals company, said that Yindjibarndi Energy Corp. (YEC) has reached Financial Close for the Jinbi Solar Project in the Pilbara region of Australia and has signed a 30-year Power Purchase Agreement with Rio Tinto....

  • Oroco Resource Names Charles Cryer New CEO May 11, 2026 02:04 ET

    Oroco Resource Corp. (OCO.V), a Canadian mineral exploration company, on Monday announced the appointment of Charles Cryer as its new chief executive officer, effective June 16. He replaces Richard Lock who had resigned in March this year for personal reasons. Cryer, a mining engineer with more...

  • Hannover Re Q1 Profit Climbs, Reinsurance Revenue Drops; Confirms FY26 Outlook May 11, 2026 01:58 ET

    German re-insurer Hannover Re (HVRRY.PK, HVRRF.PK) reported Monday higher profit in its first quarter, despite a decline in reinsurance revenue. Further, the firm maintained fiscal 2026 outlook. Group net income in the first quarter climbed 48 percent to 710.6 million euros from last year's 480.5...

Global Economics Weekly Update - May 04 – May 08, 2026

May 08, 2026 15:50 ET
Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.

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