OpenAI, the maker of popular chatbot ChatGPT, announced that it has recently filed confidentially with the U.S. Securities and Exchange Commission for potential initial public offering, thus entering the IPO race by major players in the artificial intelligence or AI industry. The firm said it is yet to decide on the timing.
United Airlines Holdings, Inc. (UAL) CEO Scott Kirby believes we won't see any major mergers among U.S. airlines anytime soon.
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...
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...
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.
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.
Miroku Corp. (7983.T) revealed a profit for its first half that Increased, from the same period last year The company's earnings came in at JPY205 million, or JPY69.83 per share. This compares with JPY192 million, or JPY65.16 per share, last year. The company's revenue for the period fell 1.6%...
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 (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...
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...
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.
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...
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.
Eli Lilly and Company (LLY) announced detailed results from three Phase 3 trials, dubbed ACHIEVE-2, ACHIEVE-3, and ACHIEVE-5, evaluating Orforglipron, or Foundayo, in participants with type 2 diabetes. Orforglipron demonstrated strong reductions in HbA1C (A1C) and weight loss across studies, but...
Shares of Eloxx Pharmaceuticals, Inc. (ELOX), a clinical-stage biopharmaceutical company developing small-molecule therapies for genetic diseases caused by nonsense mutations, fell over 31% after the company announced the pricing of a $66 million public offering and its uplisting to the Nasdaq Capital Market.
Seaport Therapeutics, Inc. (SPTX), reported a wider net loss for its first financial quarter ended March 31, 2026, and provided near term milestone update. Company Profile Seaport Therapeutics is a clinical-stage therapeutics company focused on development of new medicines to address patients...
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.
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...
Norway's producer price inflation accelerated further in May to the highest level in nearly four years. The producer price index climbed 24.0 percent year-on-year in May, following a 22.7 percent spike in the prior month. Prices in the utility sector alone grew by 58.5 percent from last year, and those for energy goods rose sharply by 41.2 percent.
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'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.
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,...
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 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....