Monday, Design Therapeutics, Inc. (DSGN) announced positive biomarker and clinical data from the ongoing Phase 1/2 RESTORE-FA trial evaluating DT-216P2 in patients with Friedreich ataxia. The study observed both dose-dependent increases in FXN levels and dose-dependent improvements across multiple...
Glenfarne Alaska LNG LLC, a unit of Glenfarne Group, and ConocoPhillips Alaska (COP) said on Monday that they have signed a gas sales precedent agreement to supply natural gas from Alaska's North Slope for Phase One of the Alaska LNG project. Glenfarne said it is developing the Alaska LNG project...
Ford Energy, a wholly owned subsidiary of Ford Motor Co. (F), and EDF Power Solutions North America, an entity of the EDF Group, on Monday announced a five-year framework agreement for up to 20 gigawatt hours of battery energy storage systems. Under the agreement, EDF power solutions North America...
Ford Motor Company (F) will launch seven new passenger and commercial vehicles in Europe by 2029 and expand its software services business, as it tries to defend its lead in vans and revive passenger car division that has struggled against Chinese and European rivals. The U.S. automaker unveiled...
Monday, Boston Scientific Corporation (BSX) announced an investment of $1.5 billion in return for an approximately 34 percent equity stake in MiRus LLC. As part of the deal, Boston Scientific also received an exclusive option to acquire novel, balloon-expandable transcatheter aortic valve made with...
Baidu.com Inc. (BIDU), a Chinese AI and internet company, reported Monday lower profit in first quarter hurt by weak revenues. Looking ahead, Robin Li, Co-founder and CEO of Baidu, said, "We see AI driving even greater value for Baidu in the quarters ahead." In pre-market activity on Nasdaq, the...
Tencent Music Entertainment Group (TME, 1698.HK), on Monday, announced the completion of its acquisition of Ximalaya Inc. pursuant to the merger agreement announced in June 2025. The transaction included cash of up to $1.26 billion and up to 175.3 million Class A ordinary shares of Tencent Music,...
Sensorion SA (ALSEN.PA), a French clinical-stage biotechnology company, on Monday announced that Chief Medical Officer Geraldine Honnet is stepping down to join a privately held biotechnology company, and that the company has appointed Fred Chereau as Chief Executive Officer, effective June 1. Chereau...
GSK plc (GSK, GSK.L) announced that Japan's Ministry of Health, Labour and Welfare has expanded the eligible population for RSV vaccine, Arexvy, to include adults aged 18 to 49 years at increased risk for RSV disease. GSK's RSV vaccine was previously approved in Japan for the prevention of RSV disease...
Standard Chartered PLC, (SCBFF.PK, STAN.L, STAC.L, 2888.HK), a British multinational banking and financial services company, on Monday announced the appointment of Manus Costello, as Group Chief Financial Officer and Executive Director succeeding De Giorgi. De Giorgi had resigned in February 2026...
Bitcoin Depot (BTM), a U.S.-based Bitcoin ATM operator, on Monday said it has filed for Chapter 11 bankruptcy protection to facilitate an orderly wind-down of operations and the sale of its assets. "The regulatory environment for BTM operators has shifted significantly: states have imposed increasingly...
Life360, Inc. (360.AX, LIFX, LIF) Monday said that its Board of Directors has authorized a multi-year share repurchase program worth $225 million. The program plans to enhance shareholder value by offsetting dilution from stock-based compensation instruments. As per the terms of the program, the California-based...
Sohu.com (SOHU) reported a first quarter net loss attributable to Sohu.com of $4 million, compared with net income of $182 million, a year ago. Loss per ADS was $0.17 compared to profit of $6.07. Non-GAAP net loss attributable to Sohu.com was $4 million, compared with a net loss of $16 million. Non-GAAP...
Ryanair Holdings plc (RY4C.DE, RYA.L, RYA.IR) reported Monday higher profit in fiscal 2026, with lower expenses and higher revenues amid growth in passenger traffic. Looking ahead, the company said it expects fiscal 2027 traffic to grow 4 percent to 216 million passengers. In the full year, profit...
Brambles Limited (BXBLY), a logistics solutions provider, on Monday revised its fiscal 2026 guidance lower, citing repair capacity constraints that developed in the central and northeastern regions of its U.S. service centre network during April 2026. The company now expects fiscal 2026 sales revenue...
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.