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  • Maison Lanvin Appoints Barbara Werschine As CEO May 29, 2026 11:08 ET

    Friday, Lanvin Group Holdings Limited (LANV) announced that its couture house in Paris, Maison Lanvin, has appointed Barbara Werschine as Chief Executive Officer. Most recently, Werschine served as CEO of Eric Bompard, where she successfully modernized the brand and optimized its financial performance. Upon...

  • Dizal: ZEGFROVY Shows Superior Anti-tumor Efficacy In Phase 3 WU-KONG28 Study May 29, 2026 09:37 ET

    Dizal (688192.SS) announced the results from the phase 3 WU-KONG28 study showing that ZEGFROVY monotherapy demonstrated superior anti-tumor efficacy, compared to platinum-doublet chemotherapy, in untreated NSCLC patients with EGFR exon 20 insertion mutations. Xiaolin Zhang, CEO of Dizal, said: "WU-KONG28...

  • Scotiabank To Buy MapleMark Bank May 29, 2026 09:21 ET

    The Bank Of Nova Scotia (BNS, BNS.TO) said on Friday that it has inked a deal to acquire Maple Financial Holdings, Inc., parent company to MapleMark Bank. Travis Machen, CEO and Group Head, Global Banking and Markets, Scotiabank, said: "Our acquisition of MapleMark Bank allows Scotiabank to offer...

  • Johnson & Johnson Reports Positive Data For TECVAYLI As Early As First Relapse In Multiple Myeloma May 29, 2026 09:16 ET

    Johnson & Johnson (JNJ) on Friday reported new positive results from the Phase 3 MajesTEC-9 study evaluating TECVAYLI in patients with relapsed or refractory multiple myeloma treated as early as second line. The study showed that treatment with TECVAYLI reduced the risk of disease progression or death...

  • AbbVie's VENCLYXTO Label Gets EU Approval For Chronic Lymphocytic Leukemia Treatment May 29, 2026 08:56 ET

    Friday, AbbVie Inc. (ABBV) announced that the European Commission has authorized an expanded label for VENCLYXTO to include use in combination with acalabrutinib and use in combination with ibrutinib for the treatment of adult patients with previously untreated chronic lymphocytic leukemia. The expanded...

  • CoStar Group To Buy Home Data Firm Zonda For $800 Mln May 29, 2026 08:41 ET

    CoStar Group (CSGP), a provider of online real estate marketplaces said on Friday it agreed to buy Zonda, a provider of new home construction data and marketplaces, for $800 million in cash. The deal is expected to close in the second half of 2026 and be accretive to adjusted earnings per share in...

  • Pfizer Reports Positive Seven-Year Follow-up Data For LORBRENA In Lung Cancer Trial May 29, 2026 08:31 ET

    Pfizer Inc. (PFE) on Friday reported seven-year follow-up results from the Phase 3 CROWN trial showing that LORBRENA significantly improved progression-free survival compared with XALKORI in patients with previously untreated ALK-positive advanced or metastatic non-small cell lung cancer. At seven...

  • Tempus Announces FDA Approval For Tumor Only XT CDx May 29, 2026 08:31 ET

    Tempus AI (TEM) announced the FDA has granted approval for a tumor-only indication for its xT CDx next-generation sequencing platform. The company noted that, with the expanded label, Tempus is the first laboratory to hold FDA companion diagnostic approval for both tumor-only and tumor-normal comprehensive...

  • Agios Pharmaceuticals Discontinues Tebapivat Study For Rare Hematologic Diseases Treatment May 29, 2026 08:00 ET

    Friday, Agios Pharmaceuticals, Inc. (AGIO) announced its decision to discontinue the study of tebapivat, a next-generation oral pyruvate kinase activator designed to provide optimized clinical benefits for patients with rare hematologic diseases. The decision comes as results from its Phase 2b trial...

  • Laurentian Bank Of Canada Q2 Slips To Loss May 29, 2026 07:52 ET

    Laurentian Bank of Canada (LB.TO), posted a loss in the second quarter on Friday, reversing a year-ago profit, after revenue dropped. For the second quarter, net loss was $20.59 million or $0.50 per share compared to an income of $32.33 million or $0.69 per share last year. Quarterly revenue declined...

  • IFF To Sell Food Ingredients Business For $4.3 Bln, Backs Annual Sales Outlook; Pre-Market Stock Up May 29, 2026 07:42 ET

    International Flavors & Fragrances Inc. (IFF), a flavors and fragrances company, said that it has inked a deal to sell its Food Ingredients business to the funds advised by CVC Capital Partners, a private markets manager, for around $4.3 billion. The transaction is expected to be closed by the end of...

  • Paratus Energy Reports Net Income From Cont. Ops. In Q1 May 29, 2026 03:03 ET

    Paratus Energy Services (PLSV.OL) reported, under US GAAP, first quarter net income from continuing operations of $19.4 million compared to a loss of $13.3 million, prior year. Profit per share from continuing operations was $0.12 compared to a loss of $0.08. Operating income increased to $33.0 million...

  • STB Puts On Hold Union Pacific, Norfolk Southern Merger Review May 29, 2026 01:54 ET

    The U.S. Surface Transportation Board on Thursday said it has paused the merger review process, including the environmental review, for the proposed Union Pacific Corp. (UNP) and Norfolk Southern Corp. merger while accepting the companies' revised application for consideration. The regulator has...

  • Johnson & Johnson: FDA Approves Label Expansion For TREMFYA May 29, 2026 01:34 ET

    Johnson & Johnson (JNJ) announced the FDA has approved a supplemental Biologics License Application to include evidence in the TREMFYA label for the inhibition of progression of structural joint damage in adults with active psoriatic arthritis. The company said the inclusion of this key outcome reflects...

  • Supermicro To Cooperate With Officials To Prevent Illicit Diversion Of Server Technology May 28, 2026 09:28 ET

    Super Micro Computer (SMCI) issued a statement regarding recent collaboration with the Taiwanese authorities to prevent illicit diversion of server technology. Supermicro said it has worked closely with Taiwanese authorities on the recent event, helping to prevent the illicit diversion of its systems...

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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