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  • French Court Rules Air France And Airbus Guilty In 2009 Plane Crash; Companies To Appeal May 22, 2026 05:33 ET

    A French court has found that Air France and Airbus are guilty of involuntary manslaughter in a 2009 plane crash in the Atlantic Ocean that killed 228 people on board. The Paris Court of Appeal ruled the companies are solely and entirely responsible, citing failures to address known safety risks. Each company was fined the maximum legal penalty of 225,000 euros or about $260,000...

  • Quantum Computing Stocks Rally After U.S. Announces $2 Billion Funding Plan May 22, 2026 03:16 ET

    Shares of quantum computing companies surged Thursday and extended gains in after-hours trading after the U.S. government said it would provide about $2 billion in federal incentives to nine companies to accelerate domestic quantum computing research and manufacturing. The Department of Commerce said...

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  • U.S. Leading Economic Index Unexpectedly Inches Higher In April May 22, 2026 10:46 ET

    A reading on leading U.S. economic indicators unexpectedly edged slightly higher in the month of April, according to a report released by the Conference Board on Friday. The Conference Board said its leading economic index crept up by 0.1 percent in April after falling by 0.6 percent. Economists had expected the index to dip by 0.3 percent.

  • German GDP Growth Rises On Exports, Consumption May 22, 2026 08:53 ET

    The German economy expanded at a slightly faster pace in the first quarter, underpinned by consumption and exports, defying the adverse impact of the conflict in the Middle East. Germany's gross domestic product grew 0.3 percent from a quarter ago, unrevised from the previous estimate and followed the fourth quarter's 0.2 percent expansion, detailed data from Destatis showed Friday.

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  • US Signs Deals To Provide Counter-Drone Capabilities To Allies May 21, 2026 08:22 ET

    The United States has signed agreements with three allied countries to enable them to procure counter-unmanned aerial system capabilities through the Joint Interagency Task Force 401 drone defense marketplace. Army Secretary Dan Driscoll signed agreements on behalf of the Pentagon with key leaders...

  • UN General Assembly Backs Historic World Court Climate Crisis Ruling May 21, 2026 08:57 ET

    UN General Assembly has adopted a resolution welcoming the advisory opinion of the International Court of Justice on the obligations of States in respect of climate change. The resolution calls on all UN Member States to take all possible steps to avoid causing significant damage to the climate and...

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  • European Stocks Close Broadly Higher Amid Signs Of Progress In U.S.-Iran Peace Talks May 22, 2026 13:28 ET

    European stocks closed higher on Friday amid optimism about an end to the U.S.-Iran war thanks to negotiations between the two nations making "some progress." Investors also digested a slew of regional economic data and some corporate news. Data showing an improvement in German consumer sentiment and a slightly faster pace of economic growth aided sentiment.

  • Asian Shares Extend Gains On U.S.-Iran Deal Hopes May 22, 2026 04:41 ET

    Asian stocks ended higher on Friday, extending gains from the previous session on rising hopes for a diplomatic resolution to the Middle East conflict. With Iran reviewing the latest proposal from the U.S. and Pakistan acting as the mediator, investors are hopeful that the tree-month war may end soon. The...

Frontline Shares Slip 3% Despite Strong Q1 Profit Growth

May 22, 2026 12:34 ET rttnewslogo20mar2024 lt

Frontline plc (FRO) shares fell 3.47 percent to $37.10, down $1.33 on Friday, despite the tanker shipping company reporting sharply higher first-quarter earnings driven by strong tanker market conditions and disruptions in Middle East crude trade routes.

Crude Oil Ticks Higher Amid Positivity Over Iran Negotiations Despite Inventory Concerns

May 22, 2026 14:42 ET rttnewslogo20mar2024 lt

Partially offsetting the losses from three consecutive sessions, crude oil prices have advanced on Friday as traders weigh increasing concerns of an impending crude oil inventory shortage due to the ongoing Strait of Hormuz blockade against the positive signals from U.S.-Iran peace talks.

Global Economics Weekly Update -May 18 – May 22, 2026

May 22, 2026 14:46 ET
Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.

Cryptos Rise Ahead Of FOMC Minutes, NVIDIA Earnings

May 20, 2026 08:20 ET bitcoin 12052026 lt

A mildly positive sentiment prevails in the cryptocurrency markets ahead of the release of the FOMC minutes as well as earnings update from AI giant NVIDIA.

TrumpRx.gov Expands With More Than 600 Generic Medications

May 19, 2026 07:35 ET drugs 19052026 lt

President Donald Trump has announced an expansion of TrumpRx.gov to provide unprecedented price transparency and choice on generic medications that millions of Americans use every day. From now on, TrumpRx.gov will feature more than 600 generic medications. The White House said that Americans will be able to clearly and transparently understand the most competitive cash prices of their medicati

Latest Updates on COVID-19

Biotech Stocks Facing FDA Decision In May 2026

April 28, 2026 08:01 ET fda 28042026 lt

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 Ifo Business Sentiment Rises

May 22, 2026 06:48 ET germanflag 22052026 lt

German business sentiment improved in May after falling for two straight months but the index remained at a low level as energy shock triggered by the near closure of the Strait of Hormuz weigh on manufacturing, survey results from the ifo Institute showed Friday. The business climate index posted 84.9 in May, up from 84.5 in April. The reading was also above economists' forecast of 84.2.

  • UK Retail Sales Fall Most In Nearly A Year; Consumer Sentiment Rises May 22, 2026 05:58 ET

    UK retail sales declined at the fastest pace in nearly a year in April as consumers reduced fuel purchases after the outbreak of the conflict in the Middle East. A private survey today showed that British consumer sentiment improved in May but rising inflation and continued uncertainty around the interest rate raised concerns about the sustainability of this improvement.

  • German GfK Consumer Confidence Set To Improve In June May 22, 2026 04:12 ET

    German consumer sentiment is set to improve in June driven by rising income expectations and willingness to buy but the war in the Middle East continues to cloud the outlook, latest results of the NIM Consumer Climate powered by GfK showed Friday. The consumer confidence index rose unexpectedly to -29.8 points in June from -33.1 points in May. The score was expected to fall to -33.7.

  • European Economic News Preview: German GDP, Business & Consumer Sentiment Due May 22, 2026 01:46 ET

    Quarterly national accounts, business and consumer sentiment survey results from Germany and retail sales and public finance from the UK are the top economic news due on Friday. At 2.00 am ET, Destatis releases Germany's GDP data for the first quarter. The preliminary estimate showed that the largest euro area economy expanded 0.3 percent after rising 0.2 percent in the fourth quarter.

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Mental Health Disorders Nearly Doubled Worldwide In 30 Years, Study Finds

May 22, 2026 14:11 ET depression 22052026 lt

A new study, published in The Lancet, has found that the number of people living with mental health problems has almost doubled over the last 30 years, mainly because of large increases in anxiety and depression around the world. The study, led by researchers from the Institute for Health Metrics...

Company Name
Drug
Event
Sanofi SA
( SNY, SNYNF, SAN.PA)
Tzield (sBLA)
04/29/2026
FDA decision on Tzield to expand to as young as one year old and above to delay the onset of stage 3 type 1 diabetes in patients diagnosed with stage 2 T1D
Axsome Therapeutics, Inc.
(AXSM)
AXS-05
04/30/2026
FDA decision on AXS-05 for the treatment of Alzheimers disease agitation
AstraZeneca PLC
( AZN, AZN.L, ZEG.DE, AZN.ST)
Camizestrant (NDA)
04/30/2026
FDA panel to review Camizestrant in ER+/HER2- Early Breast Cancer After at Least 2 Years of Standard Adjuvant Endocrine Therapy whose tumours express ESR1 gene mutations
AstraZeneca PLC
( AZN, AZN.L, ZEG.DE, AZN.ST)
Truqap (sNDA)
04/30/2026
FDA panel to review Truqap in combination with abiraterone for the treatment of adult patients with metastatic hormone-sensitive prostate cancer
argenx SE
( ARGX, ARGX.BR)
VYVGART (sBLA)
05/10/2026
FDA decision on VYVGART with generalized myasthenia gravis who test negative for AChR antibodies (seronegative).

French Court Rules Air France And Airbus Guilty In 2009 Plane Crash; Companies To Appeal

May 22, 2026 05:33 ET airfranceairbus 22052026 lt

A French court has found that Air France and Airbus are guilty of involuntary manslaughter in a 2009 plane crash in the Atlantic Ocean that killed 228 people on board. The Paris Court of Appeal ruled the companies are solely and entirely responsible, citing failures to address known safety risks. Each company was fined the maximum legal penalty of 225,000 euros or about $260,000...