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  • Corbus Pharmaceuticals Announces Updated Data From CRB-701 Study, Stock Down In Pre-Market May 26, 2026 09:26 ET

    Tuesday, Corbus Pharmaceuticals Holdings, Inc. (CRBP) announced updated data from its Phase 1/2 clinical study of CRB-701 in patients with 2L oropharyngeal and cervical cancers. The data is derived from an April 1, 2026 data cut of the Phase 1/2 study with a total safety population of 317 patients...

  • Peloton Interactive Appoints Siddharth Thacker As CFO May 26, 2026 09:20 ET

    Peloton Interactive, Inc. (PTON), a provider of fitness and wellness products and services, announced Tuesday the appointment of Siddharth Thacker as Chief Financial Officer, effective June 22. Thacker will oversee the company's global finance organization and corporate strategy. Thacker joins...

  • US, India Sign Critical Minerals Framework May 26, 2026 09:12 ET

    The United States and India have signed a bilateral framework on securing the supply, mining and processing of critical minerals and rare-earths. The concerned documents were signed by visiting Secretary of State Marco Rubio and Indian External Affairs Minister Subrahmanyam Jaishankar at the Hyderabad...

  • Sunshine Silver Mining & Refining Launches IPO Of 20 Mln Shares At $13.50 - $16.50 Per Share Range May 26, 2026 09:04 ET

    Sunshine Silver Mining & Refining Co. (SSMR) announced Tuesday the launch of its initial public offering of 20 million common shares. The company said it expects to grant underwriters a 30-day option to purchase up to an additional 3 million shares. The initial public offering price is expected...

  • Cogent Subsidiary To Sell 10 US Data Centers For $225 Mln In Cash May 26, 2026 08:34 ET

    Cogent Communications Holdings, Inc. (CCOI), a facilities-based provider, announced on Tuesday that its subsidiary, Cogent Fiber, LLC, has agreed to sell 10 data center facilities in the United States to a newly formed entity sponsored by I Squared Capital for $225 million in cash. The deal covers...

  • Heavy Rain, Thunderstorms To Continue Across Southern US May 26, 2026 08:25 ET

    National Weather Service has predicted that heavy rain and thunderstorms will continue across much of the Southern U.S. through midweek, raising flash flooding and severe weather concerns. Showers and thunderstorms are expected from Texas to the Northeast through Tuesday. Heavy rain will create mainly...

  • BP Board Decides To Remove Albert Manifold As Chair And Director, Stock Down In Pre-Market May 26, 2026 08:18 ET

    Tuesday, BP p.l.c. (BP) announced that its Board has unanimously decided to remove Albert Manifold from the positions of Chair and Director with immediate effect. This comes as the Board is disappointed to learn of governance oversight and conduct issues it deems unacceptable, forcing it to take action...

  • RTX: Raytheon In Collaboration With Northrop Grumman Awarded Phase Two Contract From DARPA May 26, 2026 08:18 ET

    Raytheon, an RTX (RTX) business, in collaboration with Northrop Grumman, has been awarded a phase two contract from the Defense Advanced Research Projects Agency Burn n' Go program to continue the development of a new solid rocket motor design. Under the phase two contract, Raytheon's Advanced Technology...

  • Russia Warns Foreigners, Diplomats To Leave Kyiv As It Prepares For New Attacks May 26, 2026 08:05 ET

    Russia has warned foreign nationals and diplomats to leave Kyiv "as soon as possible" ahead of an imminent attack on the Ukrainian capital. In a statement issued on Tuesday, Russia's foreign ministry said the new round of "systematic strikes" will target "decision-making centres and command posts", alongside drone manufacturing facilities in the city. Kyiv residents have been warned against stay

  • Champion Homes To Buy 11 Retail Sites From Homes Direct To Expand US West Footprint May 26, 2026 07:51 ET

    Champion Homes, Inc. (SKY), a leading producer of factory-built housing in North America on Tuesday announced that it has agreed to acquire the assets of 11 retail locations from Homes Direct, a manufactured home and modular home dealer on the West Coast, strengthening its presence in key Western U.S....

  • Turbogen In Talks To Acquire 50% Stake In Elbatech; Tzachi Abu To Acquire Control Of Turbogen May 26, 2026 07:21 ET

    Turbogen Ltd. said it is currently conducting negotiations to acquire a 50% stake in Elbatech Ltd., currently held by Abu Yehiel - Construction Company, a company controlled by businessman Tzachi Abu. The proposed transaction reflects an implied company valuation for Elbatech of approximately ILS 1.2...

  • US Attacks Iran Missile Launch Sites And Boats May 26, 2026 07:13 ET

    The U.S. forces have launched fresh attacks targeting Iranian missile sites in southern Iran and boats suspected of preparing to lay mines in the Strait of Hormuz. The U.S. Central Command described the latest round of strikes as defensive actions. "US forces conducted self-defense strikes in southern Iran today to protect our troops from threats posed by Iranian forces," Centcom spokesperson Ca

  • Univar Solutions, Dow Expand Partnership For Silicone Additives In EMEA May 26, 2026 07:02 ET

    Univar Solutions B.V., a unit of Univar Solutions LLC , a chemicals and ingredients distributor, on Tuesday said its Ingredients + Specialties segment expanded its partnership with Dow Inc. (DOW). Under the new agreement, the company will distribute Dow's silicone additives for plastics and composites...

  • Flight Centre Travel Group Expects Middle East Tensions To Impact Q4 Results May 26, 2026 06:38 ET

    Tuesday, Flight Centre Travel Group Limited (FGETF.PK) shared a trading update, stating that despite strong results during the 9 months till March 31, the early fourth quarter has been heavily impacted by Middle East tensions. Meanwhile, the expected share of profit for the full year 2026 is anticipated...

  • CleanSpace Expects EBITDA Loss In FY26 As Product Delays Hit Revenue, Eyes New Launch; Stock Down May 26, 2026 05:52 ET

    CleanSpace Holdings Ltd. (CSX.AX), an Australia-based designer and manufacturer of respiratory protection equipment for industrial and healthcare solutions, on Tuesday announced that Operating EBITDA for the year to June 30 is expected to be a "small loss." Further, the company now expects full-year...

Global Economics Weekly Update -May 18 – May 22, 2026

May 22, 2026 14:46 ET
Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.

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