Baidu.com Inc. (BIDU), a Chinese AI and internet company, reported Monday lower profit in first quarter hurt by weak revenues. Looking ahead, Robin Li, Co-founder and CEO of Baidu, said, "We see AI driving even greater value for Baidu in the quarters ahead." In pre-market activity on Nasdaq, the...
Tencent Music Entertainment Group (TME, 1698.HK), on Monday, announced the completion of its acquisition of Ximalaya Inc. pursuant to the merger agreement announced in June 2025. The transaction included cash of up to $1.26 billion and up to 175.3 million Class A ordinary shares of Tencent Music,...
Sensorion SA (ALSEN.PA), a French clinical-stage biotechnology company, on Monday announced that Chief Medical Officer Geraldine Honnet is stepping down to join a privately held biotechnology company, and that the company has appointed Fred Chereau as Chief Executive Officer, effective June 1. Chereau...
GSK plc (GSK, GSK.L) announced that Japan's Ministry of Health, Labour and Welfare has expanded the eligible population for RSV vaccine, Arexvy, to include adults aged 18 to 49 years at increased risk for RSV disease. GSK's RSV vaccine was previously approved in Japan for the prevention of RSV disease...
Standard Chartered PLC, (SCBFF.PK, STAN.L, STAC.L, 2888.HK), a British multinational banking and financial services company, on Monday announced the appointment of Manus Costello, as Group Chief Financial Officer and Executive Director succeeding De Giorgi. De Giorgi had resigned in February 2026...
Bitcoin Depot (BTM), a U.S.-based Bitcoin ATM operator, on Monday said it has filed for Chapter 11 bankruptcy protection to facilitate an orderly wind-down of operations and the sale of its assets. "The regulatory environment for BTM operators has shifted significantly: states have imposed increasingly...
Life360, Inc. (360.AX, LIFX, LIF) Monday said that its Board of Directors has authorized a multi-year share repurchase program worth $225 million. The program plans to enhance shareholder value by offsetting dilution from stock-based compensation instruments. As per the terms of the program, the California-based...
Sohu.com (SOHU) reported a first quarter net loss attributable to Sohu.com of $4 million, compared with net income of $182 million, a year ago. Loss per ADS was $0.17 compared to profit of $6.07. Non-GAAP net loss attributable to Sohu.com was $4 million, compared with a net loss of $16 million. Non-GAAP...
Ryanair Holdings plc (RY4C.DE, RYA.L, RYA.IR) reported Monday higher profit in fiscal 2026, with lower expenses and higher revenues amid growth in passenger traffic. Looking ahead, the company said it expects fiscal 2027 traffic to grow 4 percent to 216 million passengers. In the full year, profit...
Brambles Limited (BXBLY), a logistics solutions provider, on Monday revised its fiscal 2026 guidance lower, citing repair capacity constraints that developed in the central and northeastern regions of its U.S. service centre network during April 2026. The company now expects fiscal 2026 sales revenue...
Singapore Technologies Engineering Ltd (SGGKF, S63.SI) reported Monday higher revenues in first quarter, with growth in all segments. In the first quarter, Group revenues increased 11 percnt to S$3.26 billion from last year's S$2.92 billion. Excluding revenue from LeeBoy, which was divested in...
Publicis Groupe (PUBGY.PK, PGPEF.PK, PUBP.PA), a French advertising and public relations company, announced that it entered into an agreement to acquire?LiveRamp, a global data collaboration?platform, for a total enterprise value of $2.167 billion in an all-cash transaction, based on an acquisition price...
The US Food and Drug Administration approved AstraZeneca (AZN) and Daiichi Sankyo's ENHERTU (fam-trastuzumab deruxtecan-nxki) for both the neoadjuvant and adjuvant treatment of patients with HER2-positive early breast cancer based on results from the DESTINY-Breast11 and DESTINY-Breast05 Phase III trials,...
The World Health Organization or WHO has declared the ongoing epidemic of Ebola disease caused by Bundibugyo virus in the Democratic Republic of the Congo and Uganda a public health emergency of international concern under the International Health Regulations. While the situation is serious, WHO has...
Nanobiotix (NBTX) announced the presentation of Part 1 data from the Johnson & Johnson-sponsored CONVERGE study, a randomized Phase 2 clinical trial evaluating the potential first-in-class Nanoradioenhancer JNJ-1900 (NBTXR3) for patients with stage III inoperable non-small cell lung cancer (NSCLC), at...
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.