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.
Drug major Johnson & Johnson (JNJ), while reporting sharply lower first-quarter profit despite sales growth, on Tuesday lifted fiscal 2026 earnings and sales forecast for fiscal 2026. The company also announced higher quarterly dividend. In pre-market activity, the shares were losing around 1.6 percent.
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...
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.
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
U.S. Central Command forces prepared to start clearing mines in the Strait of Hormuz, as two Navy destroyers conducted operations. The USS Frank E. Peterson and the USS Michael Murphy transited the strait and operated in the Persian Gulf as part of a broader mission to ensure the strait is fully clear of sea mines previously laid by Iran's Islamic Revolutionary Guards Corps. "Today, we began th
Following the substantial rally seen last week, stocks are likely to give back ground in early trading on Monday. The major index futures are currently pointing to a lower open for the markets, with the S&P 500 futures down by 0.4 percent. Concerns about the re-escalation of tensions between the U.S....
European stocks were sharply lower on Monday amid renewed tensons between the United States and Iran. Tensions between the countries entered a new phase after the U.S. seized an Iranian vessel and Iran said it would not send a negotiating delegation for peace talks. The Strait of Hormuz remains...
Asian stocks ended mostly higher on Monday, even as regional gains remained somewhat modest amid uncertainty surrounding the second round of diplomatic talks between the United States and Iran. Hours after U.S. President Donald Trump announced a delegation to Islamabad, Iran rejected participation...
European stocks look set to drift lower at open on Monday as Middle East tensions escalated over the weekend and the Strait of Hormuz remained closed, leading to a rebound in crude oil prices. Iran has rejected participation in a second round of peace talks under U.S. pressure, insisting on Hormuz...
Asian stock markets are trading mostly higher on Monday, following the broadly positive cues from Wall Street on Friday, as traders remain cautious amid the uncertainty prevailing around the peace talks between the U.S. and Iran. Tensions in the Middle-East escalated over the weekend with Iran reportedly not ready for new face-to-face talks with the U.S., citing maximalist demands.
Chinese automaker Seres has just received a patent for a unique "in-vehicle toilet." This foldaway system is designed to slide out from beneath a passenger seat, showcasing just how creative some features in the electric vehicle market are getting.
Shares of TopBuild Corp. (BLD) are rising about 16 percent on Monday morning trading, possibly due to QXO, Inc.'s (QXO) announcement yesterday to acquire the company for $17 billion. The company's shares are currently trading at $478.04 on the New York Stock Exchange, up 16.50 percent. The stock...
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.
The fresh escalation in the tensions between the U.S. and Iran as well as the disruptions in the Strait of Hormuz dominated market sentiment across regions and asset classes.
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.
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.
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...
The modern workforce increasingly relies on night shift schedules, especially in sectors such as healthcare, information technology, and manufacturing. While these schedules support a 24-hour global economy, they often come at a high biological cost. Thyroid disorders are among the most prevalent...
Europe might run low on jet fuel in about "six weeks or so" if the disruptions in the Strait of Hormuz continue, warns Fatih Birol from the International Energy Agency. This could lead to flight cancellations and broader economic repercussions.
Dario Amodei, the CEO of Anthropic, is on his way to meet with Susie Wiles, the White House Chief of Staff. This meeting comes as the tension rises between Anthropic and the Trump administration regarding the use of its AI technologies.
Microsoft is pulling back from the carbon removal market that it helped establish, putting a hold on new purchases of carbon removal credits, as sources close to the situation have indicated.
Netgear has made a significant move by becoming the first major consumer router maker to get an exemption from the U.S. government's new rules on foreign-made networking devices.
The major U.S. index futures are currently pointing to a lower open on Monday, with stocks likely to give back ground following the substantial rally seen last week. Concerns about the re-escalation of tensions between the U.S. and Iran may weigh on the markets following the latest developments in...