UP Fintech Holding Ltd. (TIGR), an online brokerage firm, on Tuesday reported net loss for the first-quarter, compared with profit a year earlier. Total revenue increased from the previous period, despite higher expenses. For the first quarter net loss was $27.67 million or $0.010 per share, compared...
Swedish lock maker Assa Abloy AB (ASS.L, ASAZF, ASSAb.ST) on Tuesday announced that it has acquired Sentinel Dock & Door, a Canadian commercial dock and door service company, to expand its presence in the country. Financial terms of the deal were not disclosed. Sentinel will become part of the Industrial...
Intel (INTC) unveiled new innovations that address customers' chip-to-systems-level AI needs with solutions tailored to address their specific industry challenges, including: New rackscale AI infrastructure; Agentic Cloud Offering for Disaggregated Inference; Deep industry solutions; Intel Xeon 6+ processors;...
Coca-Cola Co. (KO), the U.S. beverage giant, is exploring a potential public listing in India in 2027 of Hindustan Coca-Cola Holdings Pvt Ltd or HCCH, the parent of its largest Indian bottler, and plans to sell part of its holding, the company said on late Monday. HCCH owns Hindustan Coca-Cola Beverages...
McDonald's (MCD) stated that the company's ambition is to be customer's first choice Every time, and so it is introducing McDonald's > NEXT to unlock next phase of growth and productivity, by bringing in more customers more often and improving unit economics. Under the Plan, the company targets to: elevate...
Chipmaker STMicroelectronics N.V. (STM) announced Tuesday that it has raised revenue outlook for Data Centers in the year 2026 and 2027, citing continued strong demand for AI infrastructure. In the overnight trading, the shares wre gaining around 2.29%, at $70.60. For fiscal 2026, data center revenues...
The Trade Desk, Inc.(TTD), an advertising technology company, said that it has appointed Nate Olmstead as chief financial officer with effect from July 9. Olmstead will join the company from Penguin Solutions Inc.(PENG), an artificial intelligence infrastructure and technology solutions company, where...
Nidec (6594.T) announced that Institutional Shareholder Services, a proxy advisory firm, has issued a report recommending that shareholders vote for all proposals to be entered at the company's General Meeting of Shareholders scheduled for June 18, 2026. The company believes that ISS's recommendation...
Blackstone Inc. (BX), an alternative asset management firm, on Tuesday announced the final close of Blackstone Capital Partners Asia III at $13.1 billion. The fund exceeded its $10 billion target and marked the firm's largest private equity fundraise in Asia. The oversubscribed fund reached its...
Alphabet Inc. (GOOG) unveiled plans to raise up to $80 billion in equity capital to finance the expansion of its AI infrastructure and computing capacity. The Google parent said the fundraising plan includes $30 billion in public offerings, comprising $15 billion of mandatory convertible preferred...
The Australian Competition and Consumer Commission on Monday said it has asked Amazon.com, Inc. (AMZN), eBay Inc. (EBAY), Kogan.com Ltd (KGN.AX), and Fruugo to remove listings for toys and games containing banned small high-powered magnets. The ACCC said products such as magnetic chess and magnetic...
Roche (RHHBY, RO.SW, ROG.SW) announced the FDA has accepted the company's New Drug Application under Priority Review for giredestrant, an investigational oral selective oestrogen receptor degrader, as an adjuvant treatment for adults with oestrogen receptor-positive, human epidermal growth factor receptor...
General Mills, Inc. (GIS), a maker of branded consumer foods, said that it has inked a deal to sell its HagenDazs shops in Mainland China to an investor group including Ningji, a Chinese operator of tea brands with a network of premium quick-service retail tea shops. Under the terms, the buyer will...
People Incorporated (IAC) has submitted a non-binding proposal to the Board of MGM Resorts International (MGM) to acquire all outstanding shares of MGM that People Incorporated does not already own for $48.30 per share. People Incorporated now owns 26.1% of the outstanding common stock of MGM. People...
Cancer drug developer NuCana Plc (NCNA) on Monday announced that it has named Ian Webster chief financial officer, effective immediately, succeeding Donald Munoz who departed the role. Webster, who has more than 20 years of finance experience, joined NuCana as director of finance in 2019 and had served...
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.