KFC is kicking off a big global makeover aimed at drawing in a younger crowd, focusing on boneless chicken options, a wider range of sauces, and revamped restaurant designs, especially as the competition heats up in the fast-growing chicken market.
Reddit has introduced a new feature that lets users post videos right in the comment sections, opening up even more ways for everyone to join in on discussions throughout the platform.
Sam Bankman-Fried, the former head of FTX, just hit a big legal roadblock. A federal appeals court decided to uphold his fraud conviction, keeping his 25-year prison sentence for his part in the collapse of the cryptocurrency exchange.
The world is preparing for the much awaited news of Space Exploration Technologies Corp. or SpaceX, tech visionary Elon Musk's brain child, starting trading on the U.S. Market for the first time. The initial public offering or IPO, which is deemed to be the largest stock market debut in history, is making Musk world's first trillionaire.
Space Exploration Technologies Corp. (SPCX) has boosted the funds from its historic initial public offering to a massive $85.7 billion, with underwriters deciding to exercise their overallotment option, as mentioned in an investor relations update released on Monday.
Fox Corp. (FOXA, FOX) Monday said it has agreed to acquire Roku Inc. (ROKU) in a cash-and-stock transaction valued at approximately $22 billion, combining Fox's sports, news, and entertainment assets with Roku's connected-TV platform. Under the terms of the agreement, Roku shareholders will receive...
Equinor (EQNR.OL, EQNR) announced an intention to increase the 2026 share buy-back programme by $1.5 billion, bringing the total expected programme for 2026 to up to $3 billion, including shares to be redeemed from the Norwegian State. The increase will be distributed equally to the third and fourth...
Waterdrop Inc. (WDH) announced a profit for first quarter of RMB98.37 million The company's bottom line totaled RMB98.37 million, or RMB0.03 per share. This compares with RMB108.19 million, or RMB0.03 per share, last year. The company's revenue for the period rose 64.8% to RMB1.242 billion from...
Eutelsat Communications S.A. (E3B.DE, ETL.PA, EUTLF, ETCMY) said on Tuesday that it and Mercury, a subsidiary of Sonangol Group, a telecommunications provider in Angola, have signed a new multi-year, multi-million-dollar agreement for Eutelsat's Low Earth Orbit or LEO connectivity services. Under...
Chinese used car retailer Uxin Ltd. (UXIN) on Tuesday reported a wider net loss for the first quarter as higher operating expenses offset a sharp increase in revenue driven by more than doubling used car sales volumes from a year earlier. Further, the company forecasts sequential growth in sales volumes...
IG Design Group Plc (IGR.L, IGDFF) said on Tuesday that its fiscal 2026 profit rose from last year even while revenues were on the decline, impacted by higher tariffs and lower demand in the UK. The company reaffirmed its outlook for the year ahead and also declared a dividend. On the LSE, IGR.L...
On Monday, Innovex International, Inc. (INVX), an oil and energy company, announced that it has signed an agreement to acquire TCO Group AS in a cash and stock transaction valued at $95 million. On the NYSE, the shares of Innovex were trading 3.87 percent lower at $28.31. The investment is expected...
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.
AIM ImmunoTech Inc. (AIM), an immuno-pharma company, on Monday announced that the company had regained compliance with NYSE American for the minimum requirement in stockholders' equity established for a continued listing. The company previously received notice from the NYSE American that it was in...
enGene Therapeutics, Inc. (ENGN), a clinical-stage biotechnology company, reported results for the second quarter that ended on April 30, 2026, reflecting a wider net loss compared to the prior year and provided an update on near-term clinical and regulatory milestones. Company Profile enGene Therapeutics...
Adaptive Biotechnologies Corporation (ADPT), a commercial-stage biotechnology company, announced its intention to separate its Minimal Residual Disease (MRD) and Immune Medicine businesses. In addition, it unveils plans to offer $250 million of senior convertible notes due 2031 in a Rule 144A private...
Takeda Pharmaceutical Company Limited (TAK), a pharmaceutical company, on Monday reported new data from the Phase 3 FirstLight and RadiantLight trials for Oveporexton in treating Type 1 Narcolepsy. Narcolepsy is a disorder which causes extreme sleepiness during the day, as the patient may fall asleep...
Redcare Pharmacy N.V. (SAE1.F, RDC.DE) Monday raised its full-year 2026 guidance after reporting stronger-than-expected trading during the first two months of the second quarter, driven by accelerating growth in both prescription (Rx) and non-prescription (non-Rx) sales. The online pharmacy operator...
The Bank of Japan decided to raise its benchmark interest rate by a quarter-point to its highest level in 31 years, and to halt government bond purchase reductions next year. The policy board of BoJ voted 7-1 to raise the interest rate to 1.00 percent from 0.75 percent. The board signaled its commitment to further monetary policy tightening to support its price stability target.
Hong Kong's unemployment rate held steady in the three months ending in May. The seasonally adjusted unemployment rate came in at 3.7 percent in March to May, the same as in the February to April period. Similarly, the underemployment rate stayed unchanged at 1.5 percent. Total employment fell by around 8,700 to 3.639 million.
Consumer price inflation in Italy accelerated further in May to the highest level in more than two-and-a-half years, as estimated initially. Consumer price inflation accelerated to 3.2 percent in May from April's 2.7 percent. The rise in inflation was mainly influenced by the price developments in non-regulated energy products, which grew by 12.5 percent.
Turkey's retail sales growth moderated in April to the lowest level in just over a year. Retail sales rose 11.4 percent yearly in April, much slower than the 21.7 percent surge in March, which was the fastest growth since February 2024. Annual sales growth in non-food products, excluding fuel, slowed to 14.5 percent from 29.5 percent, and growth in food products improved to 7.6 percent.