Automajor General Motors on Tuesday trimmed fiscal 2026 outlook for reported earnings, but lifted forecast for adjusted earnings to reflect tariffs impact, after reporting weak results in its first quarter. In the pre-market activity on the NYSE, General Motors shares were losing around 1.5 percent.
Shares of bp plc were gaining more than 3 percent in the pre-market activity on the NYSE, as well as in London after the British Oil and gas major reported Tuesday higher replacement cost or RC profit in its first quarter. Sales were higher with increased upstream production. Meanwhile, the firm warned on sequentially lower production in second quarter, and weak upstream production in fiscal 2026.
Aerospace major Boeing Co. (BA) reported on Wednesday a net loss for the first quarter that narrowed from last year, reflecting a 14 percent revenue growth amid higher commercial delivery volumes, improved operational performance, and favorable order timing.
Australia's consumer prices inflation accelerated at the fastest pace since 2023, driven by increases in housing and transport costs, data released by the Australian Bureau of Statistics showed Wednesday. Consumer prices increased 4.6 percent on a yearly basis in March, marking the strongest inflation since September 2023.
Australia will on Wednesday release Q1 figures for consumer prices, highlighting a light day for Asia-Pacific economic activity. In the previous three months, inflation was up 0.6 percent on quarter and 3.6 percent on year, while the trimmed mean was up 0.9 percent on quarter and 3.4 percent on year...
Despite spiking gasoline prices, the Conference Board released a report on Tuesday showing an unexpected improvement in U.S. consumer confidence in the month of April. The Conference Board said its consumer confidence index crept up to 92.8 in April from an upwardly revised 92.2 in March.
With top diplomats gathered at UN Headquarters to review the 1970 Treaty on the Non-Proliferation of Nuclear Weapons, the UN Secretary-General warned that it must evolve to survive the age of AI and other new technologies. For the first time in decades, the number of nuclear warheads is on the rise. Nuclear testing is back on the table and global military spending jumped to $2.7 trillion in 2025.
European Institutions have agreed on a Roadmap to achieve "One Europe, one Market" by the end of 2027. Cyprus President Nikos Christodoulides, as the rotating Presidency of the Council of the European Union, European Parliament President Roberta Metsola and European Commission President Ursula von der Leyen signed the "One Europe, One Market Roadmap On the sidelines of the Informal meeting of Hea
The U.S. Government has imposed sanctions on a Cambodian senator who controls scam compounds throughout the country, as well as 28 individuals and entities in his network, for defrauding Americans. The U.S. Department of the Treasury said Southeast Asian scam operators within this network have stolen...
European stocks traded lower on Wednesday, extending losses from the previous session after the Wall Street Journal reported that U.S. President Donald Trump was unhappy with Tehran's latest proposal to end the war and has instructed aides to prepare for an extended blockade of Iranian ports. Fears...
Asian stocks edged higher on Wednesday after reports suggested that Iran will likely file a revised proposal for ending the war to Pakistani mediators in the coming days. Investors also awaited cues from big tech earnings and Jerome Powell's final FOMC meeting as Fed chair. The Fed is widely...
European stocks are seen opening on a mixed note Wednesday as investors await big tech earnings and Fed Chair Jerome Powell's comments for insights into the economic impact of the Middle East conflict. The U.S.-Iran conflict showed little sign of resolution, with negotiations making limited progress...
Data from the Centers for Disease Control and Prevention shows that emergency room visits for tick bites are higher than usual across much of the United States, prompting a warning from health officials as peak tick season begins. According to the CDC's Tick Bite Tracker, weekly ER visit rates for...
It takes 10-15 years and billions of dollars for a pharma company to bring a drug to the market. Now imagine that after years of effort, time, and investment, a company is forced to pull the drug from the market because the data used to secure approval was manipulated. That is the situation unfolding with ChemoCentryx's Tavneos, which received FDA approval in October 2021.
Following the lackluster performance seen in the previous session, stocks have moved mostly lower during trading on Tuesday. The tech-heavy Nasdaq has shown a notable move to the downside, pulling back off yesterday's record closing high.
Health insurer Humana, Inc., while reporting weak first-quarter profit despite revenue growth, on Wednesday trimmed fiscal 2026 reported earnings view, but maintained adjusted earnings and revenue forecast. In pre-market activity, the shares were losing around 4.5 percent.
April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.
Outflows from U.S.-listed Bitcoin and Ethereum Spot ETF products as well as anxiety ahead of the FOMC meeting kept cryptocurrencies subdued on Tuesday morning.
Cole Tomas Allen of Torrance, California, has been charged with attempting to assassinate President Donald Trump at the White House Correspondents' Association Dinner at the weekend. The Department of Justice announced that 31-year-old Allen was charged with one count of attempt to assassinate the President, transportation of a firearm and ammunition in interstate commerce with intent to commit a
President Donald Trump has announced an MFN pricing deal with Regeneron to lower prescription drug prices that Americans pay for some of the world's most innovative drugs, in line with the lowest prices paid by other developed nations, known as the most-favored-nation, or MFN, price. The agreement will provide every State Medicaid program in the country access to MFN drug prices on new Regeneron
President Donald Trump's promise to bring manufacturing back to the United States is delivering the largest re-shoring wave in American history as companies invest trillions to build and expand at home, the White House says. In a press release published on Wednesday, it said after years of career politicians selling out American workers for cheap foreign labor, the American manufacturing comeback
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.
The Bank of Japan retained its key interest rate in a split vote on Tuesday and upgraded its inflation outlook citing higher global crude oil prices due to the Iran war, and the policy assessment added to expectations for an interest rate hike in the near-term. The BoJ policy board, headed by Kazuo Ueda, voted 6-3 to hold the uncollateralized overnight call rate at around 0.75 percent at the end
German consumer sentiment is set to deteriorate sharply in May as income expectations collapsed due to rising inflation amid the war in Iran, the latest results of the NIM Consumer Climate powered by GfK showed Monday. The forward-looking consumer confidence index fell to -33.3 in May from -28.1 in April. This was the lowest score since February 2023.
Revised data released by the University of Michigan on Friday showed consumer sentiment in the U.S. deteriorated by less than previously estimated in April but still hit a record low. The University of Michigan said its consumer sentiment index for April was upwardly revised to 49.8 from the preliminary reading of 47.6. Economists had expected the index to be unrevised.
Russia's central bank reduced its benchmark rate for the eighth consecutive time to contain rising inflation. The Board of Directors of the Bank of Russia decided to cut its interest rate by 50 basis points to 14.50 percent. The bank said it will assess the need for further key rate cuts at its upcoming meetings depending on sustainability of inflation slowdown.
Global efforts to combat viral hepatitis are delivering measurable progress in reducing infections and deaths, but the disease remains a major global health challenge, according to a new report by the World Health Organization. WHO released the report at the World Hepatitis Summit on Tuesday. Viral...
The U.S. Government has reported tremendous progress in reducing mother-to-child transmission of HIV, and in combating the epidemic as a whole across the world. The U.S. Department of State has released PEPFAR program data covering the period of July 1, 2025, to September 31, 2025. U.S. Government-supported...
Astronauts aboard the International Space Station have conducted biotechnology research on Thursday, including a pair of heart studies, exploring cancer therapies, and demonstrating a self-sustaining life-support system. U.S. flight engineer Jessica Meir processed samples of heart stem cells and bacteria that cause pneumonia using a portable glovebag inside the Harmony module. Observations in mic
A new study shows that as more people use electric bikes and scooters, serious head and spine injuries are increasing among both riders and pedestrians in cities. The lead researcher, Hannah Weiss, a neurosurgery doctor in training, said she was shocked by how many patients were coming in with these...
Shares of United Parcel Service Inc. were losing around 3 percent in the pre-market activity on the NYSE after the firm on Tuesday reported lower profit in its first quarter as revenues were hurt by weak performance in U.S. Domestic Segment and Supply Chain Solutions. Further, the company reaffirmed fiscal 2026 guidance.
The closure of Claire's standalone stores in the UK and Ireland marks a significant decline for a brand that was once a staple on the high street.
France's equity benchmark CAC 40 drifted lower on Wednesday with investors reacting to earnings updates and developments on the Middle East conflict front, while awaiting monetary policy announcements from the Federal Reserve (due later in the day), and the European Central Bank and the Bank of England tomorrow.