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  • NRx Pharmaceuticals's NRX-101 Wins FDA Approval For Intermediate Population Expanded Access Protocol June 22, 2026 07:50 ET

    NRx Pharmaceuticals, Inc. (NRXP), Monday announced that the Food and Drug Administration has approved an Intermediate Population Expanded Access Protocol for the use of NRX-101, a fixed dose combination of D-cycloserine and lurasidone for the augmentation of accelerated Transcranial Magnetic Stimulation...

  • Rayonier Advanced Materials Appoints Daniel Krawczyk As New CEO June 22, 2026 07:46 ET

    Rayonier Advanced Materials, Inc. (RYAM) announced Monday that the Board of Directors has appointed Daniel Krawczyk as Chief Executive Officer and President, effective immediately. He will also join the Company's Board of Directors. The company said Krawczyk will be responsible for leading RYAM's...

  • Eastern Platinum CFO Wylie Hui To Resign; Search Underway For Successor June 22, 2026 07:44 ET

    Eastern Platinum Ltd. (ELR.TO, ELRFF) on Monday announced that Chief Financial Officer and Corporate Secretary Wylie Hui will resign effective July 10, to pursue other interests. The company said it has begun a search for a new Chief Financial Officer. The company added that Hui has agreed to assist...

  • MapLight Therapeutics Says IRIS Phase 2 Trial Did Not Meet Its Primary Endpoint; Stock Down 10.5% June 22, 2026 07:32 ET

    Biopharmaceutical company MapLight Therapeutics, Inc. (MPLT) announced Monday that the IRIS Phase 2 trial did not meet its primary endpoint in social communication deficits associated with autism spectrum disorder (ASD). IRIS (ML-004-002) is a Phase 2 study of ML-004 in ASD. The study randomized 161...

  • ECARX To Buy Flyme Software Business From DreamSmart For $266 Mln, Stock Climbs In Pre-market June 22, 2026 07:30 ET

    Automotive technology firm ECARX Holdings Inc (ECX) announced on Monday that it has agreed to buy the entire Flyme software business from DreamSmart Group for 1.8 billion yuan, or about $266 million in cash, to strengthen its proprietary software stack and end-to-end OS capabilities. In pre market...

  • ITG Launches IPO Of 19.5 Mln Shares; Targets $19 - $22/shr June 22, 2026 07:26 ET

    ITG, Inc., a communications and digital infrastructure services company, on Monday announced the launch of its initial public offering of 19.5 million shares of Class A stock. The company expects to price the offering between $19 and $22 per share. The company has applied to list its Class A common...

  • AbbVie To Buy Apogee Therapeutics For $135.11/Share In Cash June 22, 2026 07:24 ET

    Monday, AbbVie Inc. (ABBV) announced an agreement to acquire Apogee Therapeutics (APGE) for $135.11 per share in cash, valuing the latter at approximately $10.9 billion. Under the agreement, the company will acquire Apogee's diverse pipeline of multiple clinical-stage candidates in development across...

  • MOGU Reports Wider Net Loss In H2 2026 June 22, 2026 06:55 ET

    Monday, MOGU Inc. (MOGU), a KOL-driven online fashion and lifestyle destination in China, announced financial results for the six months ended March 31, 2026. For the second half of fiscal year 2026, net loss attributable to MOGU totaled RMB 48.6 million compared to RMB 39.4 million in the prior year. Net...

  • Babcock Intl FY26 Profit, Contract Backlog Drop; Ups Dividend; Backs FY27, Mid-tem View; Stock Down June 22, 2026 03:27 ET

    Babcock International Group (BAB.L), a British aerospace company, reported Monday lower profit for fiscal 2026, even as revenues were higher. Contract backlog declined, while the company raised annual dividend, and maintained outlook for fiscal 2027 and medium-term. On the London Stock Exchange, the...

  • Nextpower To Acquire Zimmermann PV-Steel Group To Expand Solar Business June 22, 2026 03:18 ET

    Nextpower Inc. (NXT), an energy and technology company, on Monday announced a definitive agreement to acquire Zimmermann PV-Steel Group, a Germany-based solar technology provider, for up to EUR 330 million in cash and stock. The transaction is expected to close in the second half of Nextpower's fiscal...

  • ArcelorMittal Partners With Amazon Web Services To Advance Industrial Automation June 22, 2026 02:49 ET

    ArcelorMittal SA (MT) on Monday announced a partnership with Amazon Web Services (AWS)] to accelerate industrial automation across its global operations. The steelmaker said it will leverage cloud, artificial intelligence, and edge technologies to enhance manufacturing processes and advance sustainability...

  • DoubleVerify Expands DV Authentic AdVantage Tool To Meta, TikTok June 22, 2026 02:48 ET

    Media measurement firm DoubleVerify Holdings, Inc. (DV) announced on Monday that it has expanded its DV Authentic AdVantage product to tech major Meta Platforms, Inc. (META) and social media platform TikTok, combining media quality protection, AI-powered optimization and independent measurement. The...

  • Ansell Names Erik Van Den Enden CFO With Effect From Sept. 1 June 22, 2026 01:34 ET

    Australian safety products maker Ansell Ltd. (ANN.AX) announced on Monday that it has appointed Erik Van den Enden as chief financial officer, effective September 1. Van den Enden joins the company from Versuni, a home-appliances company where he served as group CFO. He previously served as CFO and...

  • Metcash FY26 Profit Down, 7-week Sales Up, Suspends DRP; Stock Drops June 22, 2026 01:22 ET

    Metcash Ltd. (MCSHF, MTS.AX), an Australian wholesaler of food, grocery, hardware, and liquor, on Monday reported lower profit in fiscal 2026, while Group EBITDA increased amid slightly higher revenues. Regarding the outlook, Metcash said it enters fiscal 2027 with strong momentum and clear strategy....

  • SGH Approves Up To AUD 500 Mln On-Market Share Buyback June 22, 2026 01:18 ET

    SGH Ltd. (SGH.AX), an operating and investment company, announced an on-market buyback of its ordinary shares of up to A$500 million over the next 12 months as part of its capital management strategy. The buyback is scheduled to begin alongside the release of its fiscal 2026 results. The company...

Global Economics Weekly Update -June 15 - June 19, 2026

June 19, 2026 16:46 ET
Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.