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  • Trump Warns Iran 'clock Is Ticking' May 18, 2026 08:03 ET

    President Donald Trump has renewed the threat to resume military attacks against Iran by saying that the regime is running out of time to reach an agreement in line with what the United States proposed. "For Iran, the clock is ticking, and they better get moving, fast, or there won't be anything left of them," Trump wrote on Truth Social platform on Sunday, as Middle East peace talks remained stal

  • Ebola Outbreak In Central Africa Declared International Emergency May 18, 2026 08:00 ET

    The World Health Organization has declared the ongoing Ebola outbreak in Central Africa a Public Health Emergency of International Concern, citing rising cases, cross-border spread and significant uncertainties about the scale of the epidemic. The decision, announced by WHO Director-General Tedros Ghebreyesus on Sunday, follows reports of both confirmed and suspected infections linked to the Bund

  • Design Therapeutics Announces Positive Data From DT-216P2 Study, Stock Up In Pre-Market May 18, 2026 07:58 ET

    Monday, Design Therapeutics, Inc. (DSGN) announced positive biomarker and clinical data from the ongoing Phase 1/2 RESTORE-FA trial evaluating DT-216P2 in patients with Friedreich ataxia. The study observed both dose-dependent increases in FXN levels and dose-dependent improvements across multiple...

  • Glenfarne, ConocoPhillips Sign Gas Supply Precedent Agreement For Alaska LNG May 18, 2026 07:39 ET

    Glenfarne Alaska LNG LLC, a unit of Glenfarne Group, and ConocoPhillips Alaska (COP) said on Monday that they have signed a gas sales precedent agreement to supply natural gas from Alaska's North Slope for Phase One of the Alaska LNG project. Glenfarne said it is developing the Alaska LNG project...

  • Brady Corp. Boosts FY26 Outlook; Shares Up 4.2% - Update May 18, 2026 07:34 ET

    While reporting financial results for the third quarter on Friday, Brady Corp. (BRC) raised its earnings and adjusted earnings guidance range for the full-year 2026. For fiscal 2025, the company now projects earnings in a range of $4.66 to $4.76 per share and adjusted earnings in the range of $5.20...

  • Ford Energy Signs Five-year Battery Storage Supply Agreement With EDF Power Solutions North America May 18, 2026 07:32 ET

    Ford Energy, a wholly owned subsidiary of Ford Motor Co. (F), and EDF Power Solutions North America, an entity of the EDF Group, on Monday announced a five-year framework agreement for up to 20 gigawatt hours of battery energy storage systems. Under the agreement, EDF power solutions North America...

  • Ford To Launch 7 New European Models, Pushes Software As It Seeks Turnaround May 18, 2026 07:26 ET

    Ford Motor Company (F) will launch seven new passenger and commercial vehicles in Europe by 2029 and expand its software services business, as it tries to defend its lead in vans and revive passenger car division that has struggled against Chinese and European rivals. The U.S. automaker unveiled...

  • Baidu Q1 Profit Drops, AI Revenues Rise; Sees AI Growth Ahead; Stock Rises May 18, 2026 07:25 ET

    Shares of Baidu Inc. were gaining around 4 percent in the pre-market activity on Nasdaq after the Chinese AI and internet company Monday reported significantly higher revenues in Core AI-powered Business in its first quarter and projected AI growth ahead, even as net profit and total revenues dropped from last year.

  • Boston Scientific Invests $1.5 Bln In Exchange Of 34% Stake In MiRus May 18, 2026 07:14 ET

    Monday, Boston Scientific Corporation (BSX) announced an investment of $1.5 billion in return for an approximately 34 percent equity stake in MiRus LLC. As part of the deal, Boston Scientific also received an exclusive option to acquire novel, balloon-expandable transcatheter aortic valve made with...

  • Baidu Q1 Earnings Down On Weak Revenues, Sees Higher AI Demand Ahead; Stock Up In Pre-market May 18, 2026 05:59 ET

    Baidu.com Inc. (BIDU), a Chinese AI and internet company, reported Monday lower profit in first quarter hurt by weak revenues. Looking ahead, Robin Li, Co-founder and CEO of Baidu, said, "We see AI driving even greater value for Baidu in the quarters ahead." In pre-market activity on Nasdaq, the...

  • Tencent Music Entertainment Group Completes Acquisition Of Ximalaya May 18, 2026 05:36 ET

    Tencent Music Entertainment Group (TME, 1698.HK), on Monday, announced the completion of its acquisition of Ximalaya Inc. pursuant to the merger agreement announced in June 2025. The transaction included cash of up to $1.26 billion and up to 175.3 million Class A ordinary shares of Tencent Music,...

  • Sensorion Appoints Fred Chereau CEO; CMO Geraldine Honnet Steps Down May 18, 2026 02:27 ET

    Sensorion SA (ALSEN.PA), a French clinical-stage biotechnology company, on Monday announced that Chief Medical Officer Geraldine Honnet is stepping down to join a privately held biotechnology company, and that the company has appointed Fred Chereau as Chief Executive Officer, effective June 1. Chereau...

  • GSK: Japan's MHLW Expands Eligible Population For Arexvy May 18, 2026 02:22 ET

    GSK plc (GSK, GSK.L) announced that Japan's Ministry of Health, Labour and Welfare has expanded the eligible population for RSV vaccine, Arexvy, to include adults aged 18 to 49 years at increased risk for RSV disease. GSK's RSV vaccine was previously approved in Japan for the prevention of RSV disease...

  • Standard Chartered Names Manus Costello Permanent CFO, Tanuj Kapilashrami Group COO May 18, 2026 02:04 ET

    Standard Chartered PLC, (SCBFF.PK, STAN.L, STAC.L, 2888.HK), a British multinational banking and financial services company, on Monday announced the appointment of Manus Costello, as Group Chief Financial Officer and Executive Director succeeding De Giorgi. De Giorgi had resigned in February 2026...

  • Bitcoin Depot Files For Bankruptcy Protection, Plans Orderly Wind-Down And Asset Sale May 18, 2026 01:53 ET

    Bitcoin Depot (BTM), a U.S.-based Bitcoin ATM operator, on Monday said it has filed for Chapter 11 bankruptcy protection to facilitate an orderly wind-down of operations and the sale of its assets. "The regulatory environment for BTM operators has shifted significantly: states have imposed increasingly...

Global Economics Weekly Update: May 11 – May 15, 2026

May 15, 2026 15:25 ET
Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.

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