James Murdoch is currently in talks to buy assets from Vox Media, which includes New York magazine and its podcast division. This deal could total more than $300 million, according to some insiders.
Chevron Corp. (CVX) CEO Mike Wirth has raised alarms about possible global oil shortages after the Strait of Hormuz was closed, a vital shipping lane for crude oil.
Amazon Inc. (AMZN) has rolled out Amazon Supply Chain Services, expanding its logistics capabilities to businesses across various fields.
World Liberty Financial, a digital asset firm linked to Donald Trump and his family, has stepped things up by suing crypto mogul Justin Sun for defamation, adding fuel to an ongoing conflict between them.
Walt Disney Co. reported Wednesday lower net profit in its second quarter, while segment operating income increased with higher revenues. Further, the media and entertainment major updated its fiscal 2026 outlook, and maintained fiscal 2027 earnings growth view. The company also said it is targeting at least $8 billion in share repurchases in fiscal 2026.
The Center for AI Standards and Innovation has teamed up with major tech companies like Google DeepMind, Microsoft, and xAI, allowing the U.S. government to review AI models before they hit the market.
MDA Space Ltd. (MDA.TO) revealed a profit for first quarter that Drops, from the same period last year The company's bottom line came in at C$29.6 million, or C$0.22 per share. This compares with C$32.9 million, or C$0.26 per share, last year. Excluding items, MDA Space Ltd. reported adjusted...
Sinch AB (CLCMF, SINCH.ST), a communication platform, on Thursday reported a return to profitability in the first quarter despite a drop in revenue. Quarterly profit came in at 104 million Swedish kronor or 0.14 kronor per share compared to loss of 47 million Swedish kronor or 0.06 kronor per share...
SUSS MicroTec SE (SMHN.F) reported a profit for first quarter that Dropped, from last year The company's bottom line came in at EUR2.46 million, or EUR0.13 per share. This compares with EUR16.60 million, or EUR0.87 per share, last year. The company's revenue for the period fell 30.7% to EUR86.53...
Meko AB (MEKO.ST) announced earnings for its first quarter that Increased, from last year The company's earnings totaled SEK55 million, or SEK1.00 per share. This compares with SEK48 million, or SEK0.85 per share, last year. The company's revenue for the period fell 2.7% to SEK4.551 billion from...
Ambea AB (AMBEA.ST) reported a profit for its first quarter that Increased, from the same period last year The company's bottom line came in at SEK165 million, or SEK2.02 per share. This compares with SEK116 million, or SEK1.39 per share, last year. The company's revenue for the period rose 15.8%...
Oil and gas major Shell Plc reported Thursday higher profit and adjusted EBITDA in its first quarter, while revenues and other income edged down amid weak production. Separately, Shell announced the commencement of a $3.0 billion share buyback programme. In London, the shares were losing around 2.8 percent. In pre-market activity on the NYSE, Shell shares were down 1.7 percent
May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.
TOMI Environmental Solutions, Inc. (TOMZ) has provided additional details on its previously announced non-binding letter of intent to acquire 100% of Carbonium Core, a U.S. developer of nuclear-grade graphite used in next-generation advanced reactors.
Angelini Pharma has agreed to acquire Catalyst Pharmaceuticals Inc. (CPRX) for $31.50 per share in cash, valuing the company at approximately $4.1 billion (3.5 billion euros). The Board of Directors of both companies has unanimously approved the transaction, which is expected to close in the third quarter of 2026, subject to customary conditions.
Roche (RHHBY), a healthcare company, announced on Thursday that it has entered into a definitive merger agreement to acquire PathAI, a digital, AI-powered technology firm serving pathology laboratories and the biopharma industry. Under the terms of the agreement, Roche will pay an upfront purchase price...
Ernexa Therapeutics (ERNA) unveiled breakthrough preclinical results showing that its lead cell therapy candidate, ERNA-101 achieved complete tumor elimination and 100% long-term survival when combined with PD-1 blockade in syngeneic ovarian cancer models.
The Philippine economy expanded at the slowest pace in five years in the first quarter amid declining investment, weaker household spending and exports. Gross domestic product grew 2.8 percent on a yearly basis in the first quarter, the Philippine Statistics Authority said Thursday. This followed a 3.0 percent expansion seen in the fourth quarter and marked the weakest expansion since the first q
The Czech Republic's industrial output growth moderated further in March to the lowest level in six months. Industrial production rose a working-day-adjusted 0.9 percent year-on-year in March, slower than the 1.3 percent increase in February. The trade surplus rose to 31.9 billion in March from CZK 28.1 billion in the corresponding month last year.
Switzerland's unemployment rate decreased further in April to the lowest level in five months. The unadjusted unemployment rate dropped to 3.0 percent in April from 3.1 percent in March. In the corresponding month last year, the jobless rate was 2.8 percent. There were 146,902 unemployed people in April compared to 146,255 in the prior month.
Denmark's industrial production expanded strongly after falling in the previous month. Industrial production advanced a seasonally adjusted 8.6 percent month-on-month in March, reversing a 4.5 percent decline in February. The pharmaceutical industry grew 15.0 percent compared to February, and output produced in the electronics industry jumped by 37.0 percent.
United Fire Group Inc (UFCS) will host a conference call at 10:00 AM ET on May 6, 2026, to discuss Q1 26 earnings results. To access the live webcast, log on to https://www.ufginsurance.com To listen to the call, dial 1-844-492-3723 (US) or 1-412-542-4184(International), For a replay call, dial...
Centrica plc (CNA.L) on Thursday announced the acquisition of the Severn combined-cycle gas turbine power station in South Wales from Calon Energy Group for about £370 million. "This is a major addition to Centrica's flexible generation portfolio bringing the company's total UK and Ireland electricity...
AI chipmaker Cerebras Systems announced it has launched its initial public offering, aiming to raise up to $3.5 billion. The company plans to offer 28 million shares priced between $115 and $125 each. It also expects to grant underwriters a 30-day option to purchase up to an additional 4.2 million...