Asian stocks ended mixed in thin trade on Friday, with markets in mainland China, Hong Kong and Taiwan closed for holidays. A cautious undertone prevailed after the Swiss Foreign Ministry said U.S. talks with Iranian negotiators on a pact to end the Middle East conflict have been postponed. U.S....
Thursday's top gainers include Butterfly Network, whose partner unveiled plans to introduce a full-body ultrasound scanner in spa settings; Kardigan, which debuted on the Nasdaq; and Outset Medical, which amended its purchasing agreement for the Tablo Hemodialysis System, among others.
Retail sales and public sector finances from the UK and monetary policy decision from Russia are due on Friday. At 2.00 am ET, the Office for National Statistics releases UK retail sales and public sector net borrowing figures.
European stocks look set to open on a sluggish note on Friday, with trading volumes likely to remain thin amid a holiday in the United States in observance of Juneteenth. Technology stocks may come under selling pressure after Accenture slashed its annual revenue growth forecast, citing a challenging...
Elon Musk's spacecraft maker Space Exploration Technologies Corp. or SpaceX (SPCX) is preparing to issue an investment-grade bond offering of at least $20 billion to refinance a temporary bridge loan due in September 2027, reports said citing sources familiar with the matter. SpaceX's bankers are...
Rheinmetall AG (RNMBF.PK) on Thursday said it has signed a memorandum of understanding with Vantor to create satellite-based military intelligence capabilities for Germany and other European countries. The companies plan to form a joint venture in Germany to provide a platform that combines images...
Tesco Plc (TSCDY.PK) on Thursday reported higher first-quarter sales, mainly supported by growth in its UK and Ireland businesses. Group sales excluding VAT and fuel increased 2.3% to £16.826 billion in the 13 weeks ended May 30, 2026. On a like-for-like basis, sales increased 1%. Sales in Tesco's...
The Bank of Russia reduced its benchmark interest rate by a quarter basis points on Friday, marking the ninth consecutive cut as inflation stays above the target. The Board of Directors decided to cut the key rate to 14.25 percent from 14.50 percent, the Russian central bank said. Markets had anticipated a 50 basis-point reduction.
UK retail sales rebounded in May as promotions and the hot weather drove consumer spending data, from the Office for National Statistics showed Friday. Retail sales grew by more-than-expected 1.2 percent on a monthly basis in May, in contrast to April's 1.0 percent fall. Sales were forecast to climb 0.5 percent. Excluding auto fuel sales, retail sales moved up 1.2 percent.
New Zealand posted a seasonally adjusted merchandise trade surplus of NZ$800 Million in May, Statistics New Zealand revealed on Friday. That missed forecasts for a surplus of NZ$875 million and was down from the downwardly revised NZ$1.598 billion surplus in April (originally NZ$1.920 billion). Exports...
On Tuesday, the UK has annuonced a major sanctions package aimed at choking off Russia's war effort across multiple fronts. The latest round of punitive action by the UK includes 70 new sanctions targeting Russia's illicit shadow fleet, military procurement supply chains, and illicit finance networks used to circumvent Wedtern sanctions. The sanctions further crack down on Russia's decrepit
French President Emmanuel Macron has announced that the G7 summit in France will discuss the long-term reopening of the Strait of Hormuz as part of the US-Iran deal, set for signing later this week. "The aim will be to see the consequences of this agreement, support for Lebanon, the lasting reopening of Hormuz and of course the concluding of an accord on nuclear and ballistic activities in Iran,"
European stocks were a tad higher on Friday, even as the abrupt cancellation of U.S.-Iran peace talks added to uncertainty over efforts to secure a lasting truce in the Middle East conflict. After Israel and Lebanese Hezbollah traded blows overnight, French Foreign Minister Jean-Noel Barrot said that...
Butterfly Network, Inc. (BFLY) shares surged 33.36 percent, gaining $1.90 to $7.61 on Thursday, after the company highlighted its role in the newly unveiled Midjourney Medical imaging platform.
European stocks closed weak on Friday amid cautious moves by investors due to uncertainty about U.S. and Iran securing a lasting peace truce in the Middle East following the abrupt cancellation of talks between the two nations in Switzerland.
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.
Sentiment in global markets remains mixed as an easing in geopolitical tensions attributed to the peace deal signed between the U.S. and Iran as well as renewed worries about interest rates going up, both impacted market sentiment.
The Justice Department has announced charges against five men who were arrested for an alleged plot to carry out an attack at a White House event at the weekend. According to FBI, the accused were planning to kill government officials and others attending the Ultimate Fighting Championship Freedom 250 event held at the White House on Sunday. The FBI launched an investigation into the plot and
June's FDA calendar offers plenty for investors to keep a close eye on. Among the key names are Spero Therapeutics, awaiting an FDA decision on its antibiotic for complicated urinary tract infections; Kiniksa Pharma, seeking approval for a technology transfer of the manufacturing process for Arcalyst drug substance; and Merck, pursuing the first FDA approval for its WELIREG - KEYTRUDA combination.
A report released by the Conference Board on Thursday showed its reading on leading U.S. economic indicators edged higher for the second straight month in May. The Conference Board said its leading economic index inched up by 0.1 percent in May after rising by 0.2 percent in April. The uptick matched economist estimates.
Philadelphia-area manufacturing activity expanded overall in the month of June, according to a report released by the Federal Reserve Bank of Philadelphia on Thursday. The Philly Fed said its diffusion index for current general activity shot up to a positive 10.3 in June from a negative 0.4 in May, with a positive reading indicating growth.
The Bank of England left its key interest rate unchanged on Thursday as inflation slowed unexpectedly and unemployment declined, and the US-Iran peace deal lowered the upside risks to inflation. The Monetary Policy Committee, led by Governor Andrew Bailey, voted 7-2 to hold the bank rate at 3.75 percent, which is the lowest rate since June 2023.
A report released by the Labor Department on Thursday showed a modest pullback in first-time claims for U.S. unemployment benefits in the week ended June 13th. The Labor Department said initial jobless claims dipped to 226,000, a decrease of 4,000 from the previous week's revised level of 230,000. Economists had expected jobless claims to edge down to 225,000.
A new study, published in JAMA Network Open, suggests that women who are actively taking combined contraceptive pills may be more likely to experience binge eating. The study, led by researchers from Michigan State University, followed 422 women in the United States and Canada over 49 days across...
People who live in the same home share many of the same bacteria in their mouths and guts, according to a new study published in Cell Press Blue. "Who we decide to share our homes with can have a huge influence on our microbiomes, which has potential consequences for our health," commented first author...
The U.S. Food and Drug Administration has approved the first generic of Xofluza (baloxavir marboxil) tablets, the first single-dose treatment for acute uncomplicated influenza and prophylaxis in patients 5 years of age and older. This approval is to increase the availability of generic drugs in time...
Women are more likely than men to say they sleep poorly, even though sleep tests show they often sleep better, according to a new study from Karolinska Institutet. "It's a paradox, but we have found a possible explanation for why sleep quality is perceived so differently by men and women," commented...
It looks like the new iPhone 18 Pro and iPhone 18 Pro Max will keep the same general size as the previous models, but they might have a noticeably larger camera module, which could make the back of the phones a bit thicker.
Grand Theft Auto VI developer Rockstar Games has announced that pre-orders for the highly anticipated title will begin on June 25, ahead of its scheduled release on November 19 for the PlayStation 5 and Xbox Series X/S.
Intel Corp. (INTC) saw a big jump in its shares on Thursday after President Donald Trump announced that the semiconductor giant had struck a deal with Apple Inc. (AAPL) to design and produce chips right here in the U.S.
California stands to gain a significant increase in tax revenue from the recent SpaceX initial public offering, along with the upcoming public listings of AI companies OpenAI and Anthropic.