Paramount Skydance Corporation (PSKY) has accused Netflix of running a "scorched-earth campaign" against its proposed $111 billion bid for Warner Bros. Discovery, as revealed in a letter to the U.S. Department of Justice.
Stellantis N.V. (STLA) is pulling back over 1.3 million vehicles globally because of a possible fire hazard affecting certain Jeep Wrangler SUVs and Jeep Gladiator trucks.
Seed Junky Genetics, known for its cannabis genetics and intellectual property, is breaking into the European medical cannabis scene, teaming up with Green Success Group to kick off operations in Germany and the UK.
A recent case report revealed that an 80-year-old woman with Alzheimer's disease showed improvements in her cognitive abilities after receiving several doses of psilocybin-containing mushrooms. The report, published in the journal Frontiers in late May, focused on a Japanese American woman who has...
Hubbell Inc. (HUBB) has agreed to acquire electrical products manufacturer NSI Industries from private equity firm Sentinel Capital Partners in a transaction valued at $3.0 billion. NSI Industries is a manufacturer and supplier of more than 15,000 branded electrical products, including electrical...
Shares of Nuvalent, Inc. were surging around 39 percent in the pre-market activity on the Nasdaq, after the clinical-stage biopharma company focused on cancer therapies agreed to be acquired by British drug major GSK plc, in a deal valued at $10.6 billion or 8.0 billion pounds. Further, GSK maintained its 2026 guidance range of 7 percent to 9 percent growth in core operating profit and core EPS.
ASE Technology Holding Co., Ltd. (ASX) on Tuesday reported consolidated revenue of NT$63.033 billion for May 2026, up 28.6% from NT$49.027 billion a year earlier and 1.3% higher than NT$62.247 billion in April. Revenue from the company's ATM assembly, testing and material business increased 37.9%...
China will on Wednesday release May figures for consumer and producer prices, highlighting a light day for Asia-Pacific economic activity. Inflation is expected to rise 1.3 percent on year, up from 1.2 percent in April; producer prices are seen higher by an annual 3.8 percent, up from 2.8 percent...
A report released by the National Association of Realtors on Tuesday showed existing home sales in the U.S. spiked by much more than anticipated in the month of May. NAR said existing home sales surged by 3.2 percent to an annual rate of 4.17 million in May after climbing by 0.8 percent to an upwardly revised rate of 4.04 million in April.
The Commerce Department released a report on Tuesday showing the U.S. trade deficit narrowed roughly in line with economist estimates in the month of April. The report said the trade deficit shrank to $55.9 billion in April from a revised $56.6 billion in March. Economists had expected the trade deficit to decrease to $55.8 billion from the $60.3 billion originally reported for the previous month
The UN Security Council met on Monday amid a sharp escalation in hostilities across Ukraine, and UN officials warned that the war has reached its deadliest point since Russia's full-scale invasion in 2022. Briefing members, Rosemary DiCarlo, Under-Secretary-General for political affairs, said recent months had seen some of the most extensive aerial attacks of the conflict, while the humanitarian
Ukraine President Volodymyr Zelensky and the leaders of three European major powers have called on Russian President Putin to agree to an immediate and complete ceasefire. UK Prime Minister Keir Starmer, French President Emmanuel Macron and German Chancellor Friedrich Merz met with President Zelensky in London to reiterate their unwavering support for Ukraine in its defense against Russia's inva
The U.S. House of Representatives has passed with the support of 18 Republican lawmakers a sweeping legislation that includes major Ukraine aid and Russia sanctions package. The Ukraine Support Act authorizes $1.3 billion in security assistance to Ukraine, $8 billion in arms sales, and imposes broad, sweeping new oil and gas sanctions against Russia. The first major Ukraine-assistance package fr
The Malaysia stock market has finished lower in back-to-back sessions, sinking almost 20 points or 1.2 percent in that span. The Kuala Lumpur Composite Index now sits just above the 1,675-point plateau and it may take further damage on Wednesday. The global forecast for the Asian markets is negative...
The Japanese stock market on Tuesday halted the three-day losing streak in which it had plunged more than 4,300 points or 6.5 percent. The Nikkei 225 sits just above the 66,410-point plateau although it may turn lower again on Wednesday. The global forecast for the Asian markets is negative as hostilities...
The South Korea stock market on Tuesday halted the three-day slide in which it had crashed more than 1,300 points or 15 percent. The KOSPI now sits just beneath the 8,100-point plateau although it may be stuck in neutral on Wednesday. The global forecast for the Asian markets is negative as hostilities...
CECO Environmental Corp. (CECO) shares climbed 10.33 percent, gaining $8.32 to $88.85 on Tuesday after the company provided a positive update on its recently completed acquisition of Thermon Group Holdings.
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.
Sentiment in global markets improved amidst a pause in Iran-Israel hostilities and a decline in crude oil prices.
President Donald Trump has signed an Executive Order to advance American artificial intelligence innovation to strengthen the nation's cybersecurity, protect critical infrastructure, and ensure the United States remains the global leader in AI innovation. The Order directs appropriate agencies to prioritize the cyber defense of National Security Systems, Department of War information systems, an
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.
Germany's industrial production expanded for the first time in five months in April but the growth remained moderate as geopolitical tensions clouds outlook. Industrial output increased 0.4 percent on a monthly basis, in line with expectations but in contrast to the revised 0.1 percent fall in March, data from Destatis revealed Tuesday. Moreover, this was the first growth since November.
China's exports surged in May fueled by increased shipments of automobiles and artificial intelligence-related products, official data revealed Tuesday. Exports logged a double-digit growth of 19.4 percent in May, following an increase of 14.1 percent in April. The growth outpaced economists' forecast of 15.0 percent.
Germany's factory orders declined more than expected in April as frontloading effects diminished, data from Destatis revealed Monday. Factory orders logged a monthly fall of 3.8 percent in April, in contrast to the revised 4.5 percent increase in March and 1.6 percent rise in February. This was the first decline since January, when orders were down 11.5 percent.
Eurozone investor confidence improved for the second straight month in June, signalling economic stabilization to continue over the coming months, survey data from the behavioral research institute Sentix showed Monday. The investor sentiment index rose more-than-expected to -13.4 in June from -16.4 in May. The score was forecast to rise to -13.8.
Giving babies eggs early in life may help reduce their risk of developing egg allergies, especially for infants with eczema, according to a new study. The study, conducted by researchers from The University of Queensland and Murdoch Children's Research Institute, analyzed data from more than 7,200...
Chinese researchers have carried out the world's first transplant of two pig kidneys and a pig liver into a 53-year-old brain-dead man at the same time, marking an important step forward in xenotransplantation. The surgery was conducted at the Second Affiliated Hospital of Guangxi Medical University...
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.
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.