Snack and beverage giant PepsiCo, Inc. (PEP) on Thursday reported that net income for the first quarter increased from last year, reflecting improved operating margins and revenue growth across all its operating segments. The performance was boosted by resilience of the International business and continued progress in North America.
Financial services firm Morgan Stanley (MS) reported Wednesday a net profit for the first quarter that increased 30 percent from last year, driven by 16 percent revenue growth and 27 percent lower provisions for credit losses. The firm also declared a quarterly dividend of $1.00 per share.
New Zealand will on Tuesday release Q1 numbers 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 3.1 percent on year. Taiwan will see March data for export orders; in February, export orders...
New Zealand posted a seasonally adjusted merchandise trade surplus of NZ$698 million in March, Statistics New Zealand said on Monday. That beat expectations for a trade surplus of NZ$175 million following the downwardly revised NZ$365 deficit in February (originally -NZ$257 million). Exports rose...
New Zealand will on Monday release March figures for imports, exports and trade balance, highlighting a light day for Asia-Pacific economic activity. In February, imports were worth NZ#6.89 billion and exports were at NZ$6.63 billion for a trade deficit of NZ$257 million. Malaysia will provide...
As the 10-day ceasefire set to expire on Wednesday, Iran has warned that it is preparing "new cards on the battlefield" if the Middle East war resumes. "In the past two weeks, we have been preparing to show new cards on the battlefield," in the last two weeks and would "not accept negotiations under the shadow of threats," Iran's parliamentary speaker Mohammad Bagher Ghalibaf wrote on X.While U
UN independent human rights experts have called for justice and accountability for young women and girls who were trafficked systematically as part of allegations contained in the so-called Epstein files. The Human Rights Council-appointed experts also issued a general warning over the "continuing violence of patriarchal power systems" revealed in the files, which the US Department of Justice beg
A resolutions that would block the transfer of select weapons to Israel has failed in the Senate for the fourth time. The resolutions, which aimed at limiting President Donald Trump's power to wage war against Iran, was rejected by 52 to 47 votes, mostly along party lines. Democrat Senator John Fetterman opposed the Bill, while Republican Senator Rand Paul voted for the measure, which would have
After ending the previous session modestly lower, stocks are likely to move back to the upside in early trading on Tuesday. The major index futures are currently pointing to a higher open for the markets, with the S&P 500 futures up by 0.4 percent. A positive reaction to some of the latest earnings...
European stocks were slightly higher on Tuesday, even as contradicting signals cast doubts over the state of possible fresh peace talks between the U.S. and Iran. The British pound dipped after data showed the U.K. unemployment rate dropped and wage growth eased in the three months to February. The...
Asian stocks ended mostly higher on Tuesday, even as tensions between Washington and Tehran continued to simmer ahead of a potential ceasefire deadline. The dollar index was range-bound, and U.S. Treasury yields were little changed ahead of the release of U.S. retail sales data and a confirmation...
European stocks are likely to open higher on Tuesday amid lingering hopes for a deal to end the U.S.-Iran war and reopen the Strait of Hormuz. With a two-week ceasefire expiring in hours, a senior Iranian official reportedly said the country would attend peace talks with the United States in Pakistan. U.S....
Asian stock markets are trading mostly higher on Tuesday, despite the broadly negative cues from Wall Street overnight, as traders remain cautious and optimistic for a resolution to the U.S.-Iran war, even as tensions between Washington and Tehran continue to simmer ahead of a potential ceasefire deadline. Asian markets closed mostly higher on Monday.
Webull Corporation (BULL), a financial services company, on Tuesday said its board has authorized a share repurchase program of up to $100 million, sending its shares more than 9% higher in pre-market trading.
April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.
Crypto market capitalization increased more than a percent in the past 24 hours even as world markets focused on the geopolitical situation in the Middle East. An unwinding of bearish bets on expectations of U.S.-Iran peace talks and reopening of the Strait of Hormuz, resulted in a short squeeze, lifting...
President Donald Trump has signed an Executive Order that will accelerate access to treatments for patients with serious mental illness, reaffirming his commitment to advancing solutions that provide hope to Americans with devastating, complex, and treatment-resistant conditions. The Order directs the Food and Drug Administration Commissioner to provide Commissioner's National Priority Vouchers t
While the geopolitical environment has become markedly more complex, especially with sustained U.S. and Israeli strikes and Iranian counterattacks through March, the regulatory landscape is also evolving, with several notable developments and a couple of first-of-their-kind measures emerging. Now let's take a look at the biotech stocks facing FDA decisions in April 2026.
Malaysia's economy logged a softer growth in the first quarter, driven by weaker performance in key sectors, advance estimate from the Department of Statistics showed Friday. Gross domestic product logged an annual growth of 5.3 percent in the first quarter, which was slower than the 6.3 percent rise seen in the preceding quarter.
Industrial production in the U.S. unexpectedly decreased in the month of March, according to a report released by the Federal Reserve on Thursday. The Fed said industrial production fell by 0.5 percent in March after climbing by 0.7 percent in February. Economists had expected industrial production to inch up by 0.1 percent.
The Federal Reserve Bank of Philadelphia released a report on Thursday showing an unexpected surge by its reading on regional manufacturing activity in the month of April. The Philly Fed said its diffusion index for current general activity spiked to 26.7 in April from 18.1 in March, with a positive reading indicating growth. Economists had expected the index to decrease to 10.0.
A report released by the Labor Department on Thursday showed first-time claims for U.S. unemployment benefits pulled back by more than expected in the week ended April 11th. The Labor Department said initial jobless claims fell to 207,000, a decrease of 11,000 from the previous week's revised level of 218,000. Economists had expected jobless claims to edge down to 215,000.
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...
A large study looked at ancient DNA from about 16,000 people who lived over the past 10,000 years in West Eurasia, and found that natural selection has influenced human genes much more than scientists once believed. By comparing DNA from ancient remains and over 6,000 people today, researchers found...
Health officials in San Francisco have confirmed the city's first case of a type of mpox called clade I, which is predicted to cause more serious illness than the type seen in the 2022 outbreak. The infected person is an unvaccinated adult who was hospitalized but is now getting better. Officials...
Exercising at a time that matches your body clock may help lower the risk of heart disease, especially in people who are already at risk, according to a recent study published in the open-access journal Open Heart. Researchers studied 150 people aged 40 to 60. They identified whether each person was...
Blue Origin has put a hold on its New Glenn rocket after the Federal Aviation Administration requested an investigation into a failed satellite launch, dealing a blow to the company's aspirations in space.
Jersey Mike has quietly filed for an IPO, the company announced on Monday. This is a significant move towards going public, more than a year after Blackstone took a majority stake in a deal that valued the chain at around $8 billion.
Deloitte is rolling back certain employee benefits for a specific group of its workforce, showing a wider trend where companies are cutting back on perks during these uncertain economic times.
Over the weekend, a tornado hit part of Rivian Automotive's manufacturing facility in Normal, Illinois, causing damage to a building used for storing parts and logistics for its upcoming R2 vehicle, according to CEO RJ Scaringe.
The major U.S. index futures are currently pointing to a higher open on Tuesday, with stocks likely to move back to the upside following the modest pullback seen in the previous session. A positive reaction to some of the latest earnings news may contribute to early strength on Wall Street even as...