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quick facts

  • Seplat Energy Shareholder Maurel & Prom To Sell 20.07% Stake To Heirs Energies January 02, 2026 03:07 ET

    Seplat Energy Plc (SEPL.L), on Friday announced that its founding shareholder, Etablissements Maurel & Prom S.A. (MAU.PA), a French independent oil and gas exploration and production company, has entered into a binding agreement to sell its 20.07% equity stake to Heirs Energies Ltd. for $496 million....

  • Skanska, Flatiron JV Secures $868 Mln LA International Airport Roadway Improvements Contract January 02, 2026 02:39 ET

    Skanska AB (SKSBF.PK, SKAb.ST, SKBSY), a construction and development company, on Friday said that it has, through a joint venture with Flatiron Health, Inc., signed an additional contract with Los Angeles World Airports for the Airfield and Terminal Modernization Program Roadway Improvements project...

  • Mutares Completes Greer Steel Acquisition January 02, 2026 02:24 ET

    Mutares SE & Co. KGaA (MUX.DE, MUTRF), a Germany-based holding company, on Friday said it has completed the acquisition of Greer Steel Co, Inc., a provider of cold-rolled strip steel, from Greer Industries, Inc., for undisclosed terms. The company said that the transaction strengthens its Engineering...

  • Skanska Signs Additional Contract With Client To Build Data Center In USA January 02, 2026 02:00 ET

    Skanska (SKAb.ST) said it has signed an additional contract with an existing client to build a data center in USA. The project involved constructing high bay areas for data halls, electrical rooms, mechanical rooms, loading dock, office and storage areas. Construction is expected to be completed in 2027....

  • Ecovyst Completes Sale Of Advanced Materials & Catalysts Segment To Technip Energies January 02, 2026 01:19 ET

    Ecovyst Inc. (ECVT), a provider of virgin sulfuric acid, sulfuric acid regeneration services and ex-situ catalyst activation services, announced that it has completed the sale of its Advanced Materials & Catalysts segment to Technip Energies. Ecovyst expects net proceeds after taxes and transaction...

  • Samsung Launches AI-Powered Freestyle+ Portable Projector Ahead Of CES 2026 January 01, 2026 22:17 ET

    Samsung Electronics announced the global launch of The Freestyle+, its latest AI-powered portable projector designed to deliver a more flexible and personalized entertainment experience across a wide range of spaces. Unveiled ahead of CES 2026 in Las Vegas, The Freestyle+ builds on the distinctive...

  • Northern Star Resources Cuts Annual Production Guidance; Stock Down January 01, 2026 20:54 ET

    Northern Star Resources Ltd (NST.AX) provided an operational update for the December 2025 quarter. Gold sales during the quarter were impacted by several isolated negative events occurring late in the period across the Company's operations. Total sales amounted to approximately 348 thousand ounce, bringing...

  • Capstone Copper Announces Strike Action At Mantoverde Mine January 01, 2026 20:11 ET

    Capstone Copper Corp. (CS.TO, CSC.AX) announced that Union #2, one of the four unions at the Mantoverde Mine in Chile, representing approximately 50% of Mantoverde employees, or 22% of the total workforce, will commence strike action effective January 2, 2026. Prior to the strike notice, Capstone engaged...

  • Mesoblast Chair Jane Bell To Retire; Appoints Philip Facchina As Non-executive Chair January 01, 2026 20:01 ET

    Mesoblast Limited (MESO, MSB.AX) announced that Jane Bell will retire from her role as Chair and will remain on the Board as a non-executive director. The Board has unanimously appointed Philip Facchina to the role of non-executive Chair and Lyn Cobley as Chair of the Audit and Risk Committee. William...

  • Baidu Announces Proposed Spin-off Of Kunlunxin January 01, 2026 19:49 ET

    Baidu Inc. (BIDU, 9888.HK) announced plans for the proposed spin-off and separate listing of H shares of Kunlunxin (Beijing) Technology Co., Ltd., a non-wholly owned subsidiary, on the Main Board of the Hong Kong Stock Exchange (HKEX). The initiative is designed to highlight Kunlunxin's independent value,...

  • Tata Motors Passenger Vehicles Q3 Sales Rise January 01, 2026 09:01 ET

    Tata Motors Passenger Vehicles Ltd. reported strong growth in third quarter of fiscal year 2026, with total passenger vehicle sales in domestic and international markets reaching 171,013 units, compared to 139,829 units in third quarter of fiscal year 2025. In December 2025, domestic passenger vehicle...

  • Geely Automobile December Total Vehicle Sales Up About 13% January 01, 2026 07:32 ET

    Geely Automobile Holdings Limited announced that its total sales volume for December 2025 reached 236,817 vehicles. This represents an increase of approximately 13% compared to the same month in the previous year. In December 2025, the company reported sales of 79,131 battery electric vehicles (BEVs),...

  • U.S. Air Force Awards Lockheed Martin $328.5 Mln Contract For Taiwan Sensor Systems January 01, 2026 06:18 ET

    Lockheed Martin Corp., based in Orlando, Florida, has been awarded an undefinitized letter contract with a ceiling value of $328,500,000 for Department of Defense and Foreign Military Sales (FMS) programs. The contract covers Sniper, Infrared Search and Track, and Low Altitude Navigation and Targeting...

  • U.S. Army Awards Boeing $2.73 Bln Apache Support Contract Through 2030 January 01, 2026 06:12 ET

    The U.S. Army has awarded The Boeing Company, based in Mesa, Arizona, a firm-fixed-price contract valued at $2.73 billion to provide post-production support services for Apache helicopters. The contract was solicited online, with one bid received. Specific work locations and funding will be determined...

  • NIO December Vehicle Deliveries Up 54.6% January 01, 2026 03:13 ET

    NIO Inc. (NIO, 9866.HK) announced that it delivered 48,135 vehicles in December 2025, representing an increase of 54.6% year-over-year. The deliveries consisted of 31,897 vehicles from the Company's premium smart electric vehicle brand NIO, 9,154 vehicles from the company's family-oriented smart electric...

Global Economics Weekly Update - December 22 - 26, 2025

December 26, 2025 08:42 ET
Third quarter economic growth data from some major economies including the U.S. were the main news in this holiday shortened week. GDP growth and industrial production data from the U.S. helped to boost morale, while the consumer confidence survey results were less upbeat. In Europe, the quarterly economic growth data from the U.K. drew attention, while the minutes of the Australian central bank’s latest policy session was in focus in Asia.