Automajor General Motors on Tuesday trimmed fiscal 2026 outlook for reported earnings, but lifted forecast for adjusted earnings to reflect tariffs impact, after reporting weak results in its first quarter. In the pre-market activity on the NYSE, General Motors shares were losing around 1.5 percent.
Shares of bp plc were gaining more than 3 percent in the pre-market activity on the NYSE, as well as in London after the British Oil and gas major reported Tuesday higher replacement cost or RC profit in its first quarter. Sales were higher with increased upstream production. Meanwhile, the firm warned on sequentially lower production in second quarter, and weak upstream production in fiscal 2026.
Aerospace major Boeing Co. (BA) reported on Wednesday a net loss for the first quarter that narrowed from last year, reflecting a 14 percent revenue growth amid higher commercial delivery volumes, improved operational performance, and favorable order timing.
Australia will on Wednesday release Q1 figures for consumer prices, highlighting a light day for Asia-Pacific economic activity. In the previous three months, inflation was up 0.6 percent on quarter and 3.6 percent on year, while the trimmed mean was up 0.9 percent on quarter and 3.4 percent on year...
Despite spiking gasoline prices, the Conference Board released a report on Tuesday showing an unexpected improvement in U.S. consumer confidence in the month of April. The Conference Board said its consumer confidence index crept up to 92.8 in April from an upwardly revised 92.2 in March.
The Bank of Japan retained its key interest rate in a split vote on Tuesday and upgraded its inflation outlook citing higher global crude oil prices due to the Iran war, and the policy assessment added to expectations for an interest rate hike in the near-term. The BoJ policy board, headed by Kazuo Ueda, voted 6-3 to hold the uncollateralized overnight call rate at around 0.75 percent at the end
With top diplomats gathered at UN Headquarters to review the 1970 Treaty on the Non-Proliferation of Nuclear Weapons, the UN Secretary-General warned that it must evolve to survive the age of AI and other new technologies. For the first time in decades, the number of nuclear warheads is on the rise. Nuclear testing is back on the table and global military spending jumped to $2.7 trillion in 2025.
European Institutions have agreed on a Roadmap to achieve "One Europe, one Market" by the end of 2027. Cyprus President Nikos Christodoulides, as the rotating Presidency of the Council of the European Union, European Parliament President Roberta Metsola and European Commission President Ursula von der Leyen signed the "One Europe, One Market Roadmap On the sidelines of the Informal meeting of Hea
The U.S. Government has imposed sanctions on a Cambodian senator who controls scam compounds throughout the country, as well as 28 individuals and entities in his network, for defrauding Americans. The U.S. Department of the Treasury said Southeast Asian scam operators within this network have stolen...
Asian stock markets are trading mostly lower on Wednesday, following the broadly negative cues from Wall Street overnight, dragged by weakness in technology stocks amid concerns around growth expectations in the AI segment. The ongoing stalemate in the Middle East conflict between the U.S. and Iran is weighing on market segment. Asian markets closed mostly lower on Tuesday.
The Thai Stock market has moved higher in back-to-back sessions, adding almost 25 points or 1.7 percent along the way. The Stock Exchange of Thailand now sits just above the 1,480-point plateau although it may run out of steam on Wednesday. The global forecast for the Asian markets is negative on...
The Indonesia stock market has moved lower in seven straight sessions, slumping more than 550 points or 5.1 percent in that span. The Jakarta Composite Index now rests just above the 7,070-point plateau and it's tipped to open under water again on Wednesday. The global forecast for the Asian markets...
After ending yesterday's choppy session narrowly mixed, stocks are likely to move to the downside in early trading on Tuesday. The major index futures are currently pointing to a lower open for the markets, with the S&P 500 futures down by 0.7 percent. Technology stocks are likely to lead the way...
Reports suggest that President Donald Trump might not be accepting the latest proposal from Iran to open the Strait of Hormuz. Energy supply continues to be in threat. Early trends from the U.S. Futures Index suggest that Wall Street might open mostly lower on Tuesday. In the Asian trading session,...
Rising oil prices linked to the Middle East crisis are driving up the cost of plastics, with impacts spreading across global supply chains. According to UN trade and development body, UNCTAD, the price of key materials such as polyethylene has surged sharply in recent weeks, reflecting the steep rise in crude oil prices. When oil prices surge, the impact goes far beyond fuel. It runs through glo
Celestica Inc. (CLS) shares dropped 14.11 percent to $362.70, down $59.51 on Tuesday, even as the company reported sharply higher first-quarter earnings and revenue yesterday.
April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.
Outflows from U.S.-listed Bitcoin and Ethereum Spot ETF products as well as anxiety ahead of the FOMC meeting kept cryptocurrencies subdued on Tuesday morning.
Cole Tomas Allen of Torrance, California, has been charged with attempting to assassinate President Donald Trump at the White House Correspondents' Association Dinner at the weekend. The Department of Justice announced that 31-year-old Allen was charged with one count of attempt to assassinate the President, transportation of a firearm and ammunition in interstate commerce with intent to commit a
President Donald Trump has announced an MFN pricing deal with Regeneron to lower prescription drug prices that Americans pay for some of the world's most innovative drugs, in line with the lowest prices paid by other developed nations, known as the most-favored-nation, or MFN, price. The agreement will provide every State Medicaid program in the country access to MFN drug prices on new Regeneron
President Donald Trump's promise to bring manufacturing back to the United States is delivering the largest re-shoring wave in American history as companies invest trillions to build and expand at home, the White House says. In a press release published on Wednesday, it said after years of career politicians selling out American workers for cheap foreign labor, the American manufacturing comeback
President Donald Trump has said the ceasefire with Iran will be extended until bi-lateral talks to end the Middle East war have progressed. In a social media post on Tuesday, Trump said the goodwill gesture is made at the request of Pakistan, that is mediated the first round of talks in its capital. At the same time, Trump said the blockade of Iranian ports will also continue until Tehran presen
The May FDA calendar appears relatively light. The upcoming regulatory milestones include a potential label expansion of argenx SE's VYVGART, and an additional indication for Daiichi Sankyo Company and AstraZeneca plc's cancer therapy Enhertu, among others.
German consumer sentiment is set to deteriorate sharply in May as income expectations collapsed due to rising inflation amid the war in Iran, the latest results of the NIM Consumer Climate powered by GfK showed Monday. The forward-looking consumer confidence index fell to -33.3 in May from -28.1 in April. This was the lowest score since February 2023.
Revised data released by the University of Michigan on Friday showed consumer sentiment in the U.S. deteriorated by less than previously estimated in April but still hit a record low. The University of Michigan said its consumer sentiment index for April was upwardly revised to 49.8 from the preliminary reading of 47.6. Economists had expected the index to be unrevised.
Russia's central bank reduced its benchmark rate for the eighth consecutive time to contain rising inflation. The Board of Directors of the Bank of Russia decided to cut its interest rate by 50 basis points to 14.50 percent. The bank said it will assess the need for further key rate cuts at its upcoming meetings depending on sustainability of inflation slowdown.
Global efforts to combat viral hepatitis are delivering measurable progress in reducing infections and deaths, but the disease remains a major global health challenge, according to a new report by the World Health Organization. WHO released the report at the World Hepatitis Summit on Tuesday. Viral...
The U.S. Government has reported tremendous progress in reducing mother-to-child transmission of HIV, and in combating the epidemic as a whole across the world. The U.S. Department of State has released PEPFAR program data covering the period of July 1, 2025, to September 31, 2025. U.S. Government-supported...
Astronauts aboard the International Space Station have conducted biotechnology research on Thursday, including a pair of heart studies, exploring cancer therapies, and demonstrating a self-sustaining life-support system. U.S. flight engineer Jessica Meir processed samples of heart stem cells and bacteria that cause pneumonia using a portable glovebag inside the Harmony module. Observations in mic
A new study shows that as more people use electric bikes and scooters, serious head and spine injuries are increasing among both riders and pedestrians in cities. The lead researcher, Hannah Weiss, a neurosurgery doctor in training, said she was shocked by how many patients were coming in with these...
Shares of United Parcel Service Inc. were losing around 3 percent in the pre-market activity on the NYSE after the firm on Tuesday reported lower profit in its first quarter as revenues were hurt by weak performance in U.S. Domestic Segment and Supply Chain Solutions. Further, the company reaffirmed fiscal 2026 guidance.
The closure of Claire's standalone stores in the UK and Ireland marks a significant decline for a brand that was once a staple on the high street.
Google, which is part of Alphabet, has received new instructions from European regulators about how to make its ecosystem more accessible to competing AI services as scrutiny around EU tech regulations heats up.
The Australian stock market is trimming its early losses in mid-market moves on Wednesday, extending the losses in the previous six sessions, with the benchmark S&P/ASX 200 falling below the 8,700 level, following the broadly negative cues from Wall Street overnight, with weakness in mining and financial stocks partially offset by gains in energy stocks.