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  • ASML, Tata Electronics Partner To Boost Semiconductor Manufacturing Ecosystem In India May 16, 2026 13:49 ET

    Tata Electronics and ASML (ASML)announced the signing of a Memorandum of Understanding to strengthen India's semiconductor manufacturing ecosystem. Under partnership, ASML will support the establishment of Tata Electronics' 300 mm fab in Dholera, Gujarat. The partnership strengthens India-Netherlands...

  • Ipsen : Corabotase Data Demonstrate Rapid, Durable Efficacy In Glabellar Lines May 16, 2026 10:11 ET

    Ipsen SA (IPN.PA, IPSEY) presented the first corabotase data (n=183) for moderate-to- severe glabellar lines at the 2026 Scale Symposium in Nashville, TN. Corabotase is Ipsen's first-in-class recombinant neuroinhibitor, RNITM. In the trial, at Week 4, 66% of patients treated with corabotase (50ng)...

  • NVent Electric Board Approves $500 Mln Share Repurchase Program May 16, 2026 09:40 ET

    nVent Electric plc (NVT) announced that its board has approved a 3-year share repurchase program pursuant to which the company may repurchase up to $500 million of nVent shares effective on July 23, 2026. The program is in addition to nVents existing authorization approved in July 2024, which expires...

  • Profit Taking, Treasury Yield Spike Leads To Sharp Pullback On Wall Street May 15, 2026 16:17 ET

    Following the strength seen in the previous session, stocks pulled back sharply over the course of the trading day on Friday. The major averages all showed significant moves to the downside on the day. The major averages finished the day off their lows of the session but still firmly negative.

  • U.S. Stocks Pulling Back Sharply On Profit Taking, Treasury Yield Spike May 15, 2026 11:50 ET

    Stocks have moved sharply lower during trading on Friday, giving back ground following the strength seen in the previous session. The major averages have all shown notable moves to the downside on the day. The sell-off on Wall Street may partly reflect profit taking following recent strength in the markets, which lifted the Nasdaq and S&P 500 to record highs.

  • Foresight Financial Group To Buy Back Up To $5 Mln Of Common Stock May 15, 2026 11:41 ET

    Foresight Financial Group, Inc. (FGFH) Friday announced a Board approval to repurchase up to $5 million of its common stock, which will remain in effect until June 30, 2027. The bank holding company headquartered in Illinois adopted a trading plan under the Rule 10b5-1 Plan, and accordingly third-party...

  • US Attacks Crippled Iran's Military, CENTCOM Chief Tells Senate Panel May 15, 2026 10:33 ET

    The head of the U.S. Central Command has told a Congressional panel that the American military forces have crippled Iran's military and its ability to project power with lethal strikes during the Middle East war. Adm. Brad Cooper, CENTCOM commander, testified before the Senate Armed Services Committee in Washington as part of hearings related to force posture in the region and the command's porti

  • Salmonella Outbreaks Linked To Backyard Poultry Sickens 150 More May 15, 2026 10:26 ET

    Salmonella outbreaks linked to backyard poultry across 18 new states in the U.S. have sickened 150 more people. With this, the total count of infections rose to to 184, Centers for Disease Control and Prevention said. This includes 53 hospitalizations and one death in a person from Washington state. Over...

  • U.S. Industrial Production Increases 0.7% In April, Much More Than Expected May 15, 2026 10:17 ET

    The Federal Reserve released a report on Friday showing industrial production in the U.S. rebounded by much more than anticipated in the month of April. The report said industrial production climbed by 0.7 percent in April after falling by a revised 0.3 percent in March. Economists had expected industrial production to rise by 0.3 percent.

  • New York Manufacturing Index Unexpectedly Jumps To Four-Year High In May May 15, 2026 09:32 ET

    New York manufacturing activity grew strongly in the month of May, the Federal Reserve Bank of New York said in a report released on Friday. The New York Fed said its general business conditions index shot up to 19.6 in May from 11.0 in April, with a positive reading indicating growth. The increase surprised economists, who had expected the index to pull back to 7.8.

  • U.S. Industrial Production Rebounds Much More Than Expected In April May 15, 2026 09:24 ET

    The Federal Reserve released a report on Friday showing industrial production in the U.S. rebounded by much more than anticipated in the month of April. The report said industrial production climbed by 0.7 percent in April after falling by a revised 0.3 percent in March. Economists had expected...

  • Creative Realities Slips To Loss In Q1, Pre-market Stock Down May 15, 2026 09:18 ET

    Creative Realities, Inc. (CREX), a provider of digital signage, media and AdTech solutions, on Friday reported loss for the first quarter as rising revenue was offset by higher operating expenses. In pre-market activity on the Nasdaq, shares of Creative Realities were down 10.99 percent, changing...

  • Hancock Whitney To Acquire OFB Bancshares In All-cash Deal; Expands Florida Presence May 15, 2026 09:08 ET

    Hancock Whitney Corp. (HWC, HWCPZ), on Friday announced an agreement to acquire OFB Bancshares, Inc., the parent company of One Florida Bank, in an all-cash transaction for undisclosed consideration. The deal is expected to close in the third quarter of 2026. Hancock Whitney said the deal is expected...

  • 41 People In US Under Monitoring With High Risk Hantavirus Exposure: CDC May 15, 2026 08:58 ET

    The Centers for Disease Control and Prevention has said that currently 41 people across the U.S. are under monitoring for suspected hantavirus infection. They include passengers who were recently repatriated from the hantavirus-hit cruise ship MV Hondius in Tenerife, and are now in ASPR Regional Emerging...

  • Futures Pointing To Initial Sell-Off On Wall Street May 15, 2026 08:54 ET

    Stocks are likely to come under pressure in early trading on Friday, giving back ground after ending the previous session mostly higher. The major index futures are currently pointing to a sharply lower open for the markets, with the S&P 500 futures down by 1.2 percent. Profit taking may contribute...

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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