KFC is kicking off a big global makeover aimed at drawing in a younger crowd, focusing on boneless chicken options, a wider range of sauces, and revamped restaurant designs, especially as the competition heats up in the fast-growing chicken market.
Reddit has introduced a new feature that lets users post videos right in the comment sections, opening up even more ways for everyone to join in on discussions throughout the platform.
Sam Bankman-Fried, the former head of FTX, just hit a big legal roadblock. A federal appeals court decided to uphold his fraud conviction, keeping his 25-year prison sentence for his part in the collapse of the cryptocurrency exchange.
The world is preparing for the much awaited news of Space Exploration Technologies Corp. or SpaceX, tech visionary Elon Musk's brain child, starting trading on the U.S. Market for the first time. The initial public offering or IPO, which is deemed to be the largest stock market debut in history, is making Musk world's first trillionaire.
Space Exploration Technologies Corp. (SPCX) has boosted the funds from its historic initial public offering to a massive $85.7 billion, with underwriters deciding to exercise their overallotment option, as mentioned in an investor relations update released on Monday.
Fox Corp. (FOXA, FOX) Monday said it has agreed to acquire Roku Inc. (ROKU) in a cash-and-stock transaction valued at approximately $22 billion, combining Fox's sports, news, and entertainment assets with Roku's connected-TV platform. Under the terms of the agreement, Roku shareholders will receive...
IG Design Group (IGR.L) reported a profit for its full year that Increases, from the same period last year The company's earnings totaled GBP5.33 million, or GBP0.055 per share. This compares with GBP4.14 million, or GBP0.043 per share, last year. Excluding items, IG Design Group reported adjusted...
Budweiser maker Anheuser-Busch InBev SA/NV (BUD, ABI.BR) announced that it will invest more than $20 million in its St. Louis brewery and Arnold can manufacturing plant in Missouri to expand production. The investment is expected to upgrade brewery and packaging equipment to boost capacity for fastest-growing...
SThree plc (STEM.L) issued a trading update for the half year ended 31 May 2026. Group net fees were down 7% from prior year, with the rate of decline moderating through the half, supported by strong growth in the USA. Contract net fees declined 8%. SThree plc expects fiscal 2026 performance to be in...
Tatton Asset Management plc (TAM.L) released a profit for its full year that Increases, from last year The company's earnings came in at GBP18.84 million, or GBP0.3022 per share. This compares with GBP16.14 million, or GBP0.2621 per share, last year. Excluding items, Tatton Asset Management plc...
Rathbones Group Plc (RAT.L) on Tuesday said it expects to incur about £60 million in costs over the next two years to address findings from a regulatory review of its UK Wealth Management business. The review, conducted following engagement with the Financial Conduct Authority (FCA), identified areas...
On Monday, Innovex International, Inc. (INVX), an oil and energy company, announced that it has signed an agreement to acquire TCO Group AS in a cash and stock transaction valued at $95 million. On the NYSE, the shares of Innovex were trading 3.87 percent lower at $28.31. The investment is expected...
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.
PTC Therapeutics, Inc. (PTCT) announced the pricing of a $500 million offering of convertible senior notes due 2031 in a Rule 144A private placement to qualified institutional buyers. The notes carry an initial conversion price of approximately $107.48 per share, representing a conversion rate of 9.3042...
Gilead Sciences, Inc. (GILD) announced that the U.S. Food and Drug Administration (FDA) accepted its supplemental New Drug Application (sNDA) for Yeztugo (lenacapavir) for the prevention of HIV as pre-exposure prophylaxis (PrEP) and has set a Prescription Drug User Fee Act (PDUFA) action date of February...
Today's top gainers include Regentis, amid developments including its withdrawal of a planned U.S. listing application (Form F-1) with the SEC; Cuprina, following FDA clearance for its maggot debridement therapy; and Intellia, after reporting additional positive results for its hereditary angioedema program, among others.
Neumora Therapeutics Inc. (NMRA), a clinical-stage biopharmaceutical company, on Monday announced the discontinuation of the Phase 3 KOASTAL program evaluating Navacaprant for the treatment of major depressive disorder. Following the announcement, shares fell over 50% on Monday. The KOASTAL-2...
Redcare Pharmacy N.V. (SAE1.F, RDC.DE) Monday raised its full-year 2026 guidance after reporting stronger-than-expected trading during the first two months of the second quarter, driven by accelerating growth in both prescription (Rx) and non-prescription (non-Rx) sales. The online pharmacy operator...
China's retail sales declined for the first time since 2022 on subdued domestic demand and fixed asset investment logged a sharper-than-expected fall, while industrial production remained a bright spot, official data revealed Tuesday. Retail sales decreased 0.6 percent from a year ago in May, the National Bureau of Statistics reported.
The Reserve Bank of Australia left its benchmark interest rate unchanged on Tuesday as policymakers evaluate the effects of three consecutive rate hikes and the impact of oil supply disruption. The policy board, governed by Michele Bullock, unanimously voted to hold the cash rate target at 4.35 percent. The bank had lifted the policy rate by 25 basis points each in February, March and May.
The Bank of Japan raised its benchmark interest rate by a quarter-point on Tuesday, to its highest level since 1995. The policy board of BoJ voted 7-1 to raise the interest rate to 1.00 percent from 0.75 percent.
The Reserve Bank of Australia will wrap up its monetary policy meeting on Tuesday and then announce its decision on interest rates, highlighting a busy day for Asia-Pacific economic activity. The RBA is expected to keep its benchmark lending rate steady at 4.35 percent. The Bank of Japan will also...