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Amazon.com Inc. (AMZN) has struck a deal to buy billions of dollars' worth of optical fiber from Corning Incorporated over the coming years, all to back the fast growth of its U.S. data center infrastructure.

  • Apple Unveils Siri AI June 08, 2026 16:07 ET

    Tech giant Apple Inc. (AAPL) on Monday unveiled Siri AI, a completely redesigned version of Siri powered by Apple Intelligence. The new assistant is available for developer testing immediately and will be released as a beta later this year. Apple said Siri AI can understand personal context across...

  • Tate & Lyle Stock Up On $3.6 Bln Cash Deal To Be Bought By Ingredion June 08, 2026 07:11 ET

    Shares of Tate & Lyle Plc were gaining around 14% on the London Stock Exchange after the British sweetener and food solutions firm announced Monday its agreement to a 595 pence per share all-cash deal to be bought by U.S. food ingredients maker Ingredion Inc. The cash consideration values Tate & Lyle at around 2.7 billion pounds or $3.6 billion, with an implied enterprise value of...

  • Anthropic Co-Founder Calls For A 'Brake Pedal' As Self-Improving AI Systems Approach June 05, 2026 17:27 ET

    Jack Clark, co-founder of Anthropic, is sounding the alarm about the need for the AI industry to create ways to slow down or even halt the rapid development of advanced AI. He warns that we're nearing a point where these systems might improve themselves without any human input.

Lavazza Brings Tablì Espresso Tablets To U.S., Challenging Single-Serve Coffee Outlets

June 08, 2026 16:22 ET lavazza 08062026 lt

Italian coffee brand Lavazza is making its mark in the U.S. with Tablì, a new single-serve coffee system featuring compressed coffee tablets made entirely from ground coffee. This product was first introduced in Italy last year and is set to officially launch in the U.S. this coming August.

UAL CEO Says No Major U.S. Airline Mergers Expected After American Rebuffs Deal Idea

June 08, 2026 16:17 ET scottkirby 08062026 lt

United Airlines Holdings, Inc. (UAL) CEO Scott Kirby believes we won't see any major mergers among U.S. airlines anytime soon.

Bellway Reports Positive 4-month Trading; Backs FY26 Profit View Amid Softer Customer Demand

June 09, 2026 04:31 ET Topstories2 30052024 lt

British housebuilder Bellway Plc (BWY.L) on Tuesday reported positive trading in the four months to May 29, and maintained fiscal 2026 profit target as its forward order book helped offset weaker customer demand and rising build costs. Beyond the current financial year, the firm said its outlook remains...

  • Vianet Group Plc Announces Fall In Full Year Income June 09, 2026 04:30 ET

    Vianet Group plc (VIA.L) reported a profit for full year that Dropped, from last year The company's earnings came in at GBP0.410 million, or GBP0.01 per share. This compares with GBP0.857 million, or GBP0.02 per share, last year. The company's revenue for the period rose 1.4% to GBP15.233 million...

  • Keller Group Secures $207 Mln Contract For I-40 Highway Reconstruction In US June 09, 2026 04:29 ET

    On Tuesday, Keller Group Plc (KLR.L), a road-engineering company based in the UK, announced that it has secured a contract worth $207 million for the reconstruction of Interstate-40 highway in the US. Keller has been working on the highway since 2025, and the latest contract overlays a series of the...

  • German Industrial Output Rises June 09, 2026 03:44 ET

    Germany's industrial production expanded for the first time in five months in April, data from Destatis revealed Tuesday. Industrial output increased 0.4 percent on a monthly basis, in contrast to the revised 0.1 percent fall in March. The monthly growth rate came in line with expectations and marked...

  • Costain Selected By TfL To Be Part Of GBP 700 Mln Transport For London Framework June 09, 2026 03:15 ET

    Costain Group PLC (COST.L) announced on Tuesday that it has been selected by Transport for London or TfL as one of the three contractors of its Infrastructure Improvement Framework to upgrade London's transport network. The framework is worth approximately 700 million pounds in total. Projects under...

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NIO Objects To U.S. Department Of Defense Listing As "Chinese Military Company"

June 09, 2026 02:02 ET rttnewslogo20mar2024 lt

NIO Inc. (NIO), a Chinese electric vehicle manufacturer, on Tuesday called the decision by the U.S. Department of Defense to add the firm to "Chinese Military Companies" list unjustified. The company claimed that it is not a Chinese military company or a military-civil fusion contributor to the Chinese...

Global Economics Weekly Update - Jun 01 - Jun 05, 2026

June 05, 2026 16:18 ET
A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.

GSK Strikes $10.6B Nuvalent Deal Strengthening Targeting Cancer Pipeline

June 09, 2026 03:25 ET biotech1 18042024 lt

GSK plc (GSK) has entered into an agreement to acquire Nuvalent, Inc (NUVL), a Boston-based clinical-stage biopharmaceutical company developing targeted cancer therapies, in a transaction valued at $10.6 billion (£8.0 billion). The deal strengthens GSK's oncology pipeline with late-stage assets aimed at non-small cell lung cancer.

  • IDEAYA Prices $300 Mln Offering Of Stock And Warrants; Stock Down June 09, 2026 02:22 ET

    IDEAYA Biosciences, Inc. (IDYA), a clinical-stage oncology company, announced the pricing of an underwritten public offering of 5.56 million shares at an offering price of $27.00 per share and pre-funded warrants to purchase up to 5.56 million shares at an offering price of $26.9999 per pre-funded warrant....

  • Top Biotech Gainers: TNGX Hits New High, ALVO Moves Closer To FDA Approval, ZVRA, IDYA Turn Heads June 08, 2026 22:41 ET

    Today's top gainers include Tango Therapeutics, following encouraging pancreatic cancer trial data; Aspire Biopharma, ahead of upcoming milestones; Alvotech, after FDA acceptance of its interchangeable biosimilar to Entyvio for review; and Zevra Therapeutics, on actions strengthening exclusivity for MIPLYFFA, among others.

  • CorMedix Secures Federal Circuit Win In MINOCIN Patent Case June 08, 2026 11:38 ET

    CorMedix Therapeutics (CRMD) announced that the U.S. Court of Appeals for the Federal Circuit has affirmed a prior ruling in favour of its subsidiary Melinta Therapeutics, upholding the validity of patents covering MINOCIN for Injection and confirming infringement by Nexus Pharmaceuticals proposed generic product.

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Fuelcell Energy Reports Wider Q2 Loss, Shares Up In Pre-market

June 08, 2026 09:13 ET earnings1 30052024 lt

Fuelcell Energy, Inc. (FCEL) reported wider loss for the second quarter of 2026, while the loss per share narrowed in the same quarter. In the pre-market hours on the Nasdaq, the shares were trading 3.58 percent up at $17.95, after closing Friday's regular trading at 19.02 percent down. Net loss...

Estonia Trade Deficit Widens In April

June 09, 2026 04:28 ET economy2 30052024 lt

Estonia's foreign trade deficit increased in April from a year ago. The trade deficit rose to EUR 365 million in April from EUR 347 million in the same month last year. In March, the trade gap was EUR 227 million. Exports climbed 13.0 percent from last year, and imports were 12.0 percent higher. Estonia's top export partner in April was Finland, followed by Latvia and Lithuania.

  • Finland Trade Gap Narrows In April June 09, 2026 04:17 ET

    Finland's foreign trade deficit decreased somewhat in April from a year ago as exports grew faster than imports. The trade deficit dropped to EUR 325 million in April from EUR 335 million in the corresponding month last year. The value of exports surged 19.8 percent annually in April, and imports were 18.6 percent higher.

  • German Exports Grow Unexpectedly June 09, 2026 04:05 ET

    Germany's exports increased unexpectedly in April and growth in imports slowed notably, data from Destatis revealed Tuesday. Exports grew at a faster pace of 0.9 percent month-on-month in April, following March's 0.3 percent increase. Economists had forecast exports to fall 0.3 percent. Meanwhile,...

  • Dutch Inflation Confirmed At 13-month High June 09, 2026 03:50 ET

    Dutch consumer price inflation increased as estimated initially in May to the highest level in just over a year amid soaring energy costs. Consumer prices logged an annual increase of 3.5 percent in May, faster than the 2.8 percent rise in April. Costs for fuels and lubricants surged 27.5 percent from last year, and transport inflation was 9.9 percent in May, which was 6.9 percent in April.

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The Campbell's Q3 26 Earnings Conference Call At 9:00 AM ET

June 08, 2026 07:00 ET rttnewslogo20mar2024 lt

The Campbell's Company (CPB) will host a conference call at 9:00 AM ET on June 8, 2026, to discuss Q3 26 earnings results. To access the live webcast, log on to https://investor.thecampbellscompany.com To listen to the call, dial (800) 715-9871 (US) or (646) 307-1963 (International), Conference ID: 3623156.

GSK To Acquire Nuvalent For $124/shr; To Be Accretive To Core EPS In 2029

June 09, 2026 02:29 ET rttnewslogo20mar2024 lt

GSK plc (GSK, GSK.L) has entered an agreement to acquire Nuvalent, Inc. (NUVL), a clinical-stage biopharmaceutical company focused on creating precisely targeted oncology therapies, for $10.6 billion. The company noted that the acquisition includes three products in lung cancer in a single transaction....

Snow Rothschild Acquisition Corp Announces $200 Mln IPO Pricing At $10/unit

June 09, 2026 01:38 ET rttnewslogo20mar2024 lt

Snow Rothschild Acquisition Corp. (ISNRU) recently announced the pricing of its Initial Public Offering or IPO of 20 million units at $10.00 per unit. Each unit consists of one Class A ordinary share and one-half of a redeemable warrant, with each whole warrant exercisable for one Class A share fixed...

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