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  • Hafnia Q1 Earnings Up Amid Global Oil Market Disruptions May 27, 2026 02:44 ET

    Hafnia Ltd. (HAFN, HAFNI.OL), on Wednesday, reported higher net income in the first quarter compared with the previous year, despite major geopolitical disruptions in global oil markets and an estimated loss of 12.8 million barrels per day of oil supply. For the first quarter, net income increased...

  • HgT To Invest In Rightsline May 27, 2026 02:36 ET

    Rightsline announced a $500 million strategic growth investment from Hg. HgCapital Trust plc will invest approximately 11 million pounds in Rightsline, with other institutional clients of Hg investing alongside HgT through the Hg Mercury Fund. Hg's investment will accelerate Rightsline's product and...

  • AstraZeneca: FDA Extends PDUFA Date Related To NDA For Camizestrant May 27, 2026 02:23 ET

    AstraZeneca (AZN, AZN.L, ZEG.DE, AZN.ST) said the FDA has informed that it will extend the PDUFA date to review additional data requested to support the New Drug Application for camizestrant in combination with a cyclin-dependent kinase 4/6 inhibitor for the 1st-line treatment of patients with hormone...

  • Nissan Motor, Takayama Kasei To Launch TS-12, TS-20 Sound-insulating Sheets May 27, 2026 02:02 ET

    Nissan Motor Co. (7201.T) and Takayama Kasei announced the launch of TS-12 and TS-20, sound-insulating sheets for building applications made using calcium carbonate recovered from Nissan's vehicle paint shops. Nissan will supply the recovered calcium carbonate as a raw material, while Takayama will manufacture...

  • Endeavour Group Restructures Pinnacle Drinks Business; Shares Fall May 27, 2026 01:35 ET

    Endeavour Group Ltd. (EDVGF, EDV.AX), Australia's retail drinks and hospitality company, on Wednesday said it will restructure its Pinnacle Drinks business to focus on its best-selling wine brands and reduce costs. The company will cut its own grape production by more than 80%, with about 99% of...

  • IREN Ltd. To Purchase Blackwell Systems From Dell For Around $1.6 Bln; Aims For $4.4 Bln In ARR May 27, 2026 01:27 ET

    Australian data center operator IREN Ltd. (IREN) announced that it has entered into an agreement with Dell Technologies Inc. (DELL) to buy Nvidia's air-cooled Blackwell systems for approximately $1.6 billion. With the purchase, the vertically integrated AI Cloud provider aims to service its previously...

  • Micron Leads Nasdaq, S&P 500 To Record Highs, Dow Dips May 26, 2026 16:17 ET

    With technology stocks showing a substantial move to the upside, the tech-heavy Nasdaq surged to a new record closing high on Tuesday. The S&P 500 also advanced to a new record closing high, while the narrower Dow showed a modest move to the downside.

  • Micron Technology Crosses $1 Tln Valuation Milestone May 26, 2026 12:35 ET

    Micron Technology (MU) shares jumped on Tuesday, and pushed the U.S. memory chipmaker past the $1 trillion market capitalization threshold. Today, the stock opened at $820.50 and climbed upto $891.27 and currently trading at $885.39, up 135.75 percent or 18.04 percent. The previous closing was at $751.00....

  • Spectral AI Stock Falls 12% Despite Winning FDA's De Novo Classification For Its DeepView System May 26, 2026 11:28 ET

    Shares of Spectral AI, Inc. (MDAI) are falling about 12 percent in Tuesday morning trading after the company announced that the U.S. Food and Drug Administration granted De Novo Classification for its DeepView System, which is used in burn care in various settings. The company's stock is currently...

  • Braiin Limited Stock Surges 106% Over Partnership With Switchcraft May 26, 2026 11:21 ET

    Stock of Braiin Limited (BRAI) is surging about 106 percent on Tuesday morning after it announced a strategic partnership with Switchcraft to integrate embedded utility and telecom switching capabilities across the company's expanding UK Living Infrastructure and PropTech ecosystem. The company's...

  • Ebola Epidemic Spreading Rapidly And Outpacing Containment Efforts: WHO May 26, 2026 10:52 ET

    The World Health Organization says the Ebola epidemic is spreading rapidly and outpacing containment efforts. There are more than 900 suspected cases of the Bundibugyo strain of Ebola in the Democratic Republic of the Congo, and 220 suspected deaths, the head of the UN health agency, Tedros Ghebreyesus,...

  • U.S. Consumer Confidence Edges Modestly Lower In May May 26, 2026 10:51 ET

    Consumer confidence in the U.S. saw a modest deterioration in the month of May, according to a report released by the Conference Board on Tuesday. The Conference Board said its consumer confidence index dipped to 93.1 in May from an upwardly revised 93.8 in April. Economists had expected the consumer confidence index to edge down to 92.0 from the 92.8 originally reported for the previous month.

  • Nasdaq, S&P 500 Reach New Record Highs As Micron Soars May 26, 2026 10:45 ET

    Following the long Memorial Day weekend, stocks have moved mostly higher over the course of the trading session on Tuesday. With the upward move, the Nasdaq and the S&P 500 have reached new record intraday highs.

  • Vicor Stock Rises 13% After Raising Revenue Outlook For Q2 May 26, 2026 10:23 ET

    Stock of Vicor Corporation (VICR) is gaining about 13 percent in Tuesday morning trading after the company raised its revenue guidance for the second quarter in view of rising product revenues and royalties from an additional licensee to its patented power system technology. The company's shares are...

  • Outlook Therapeutics Stock Climbs 38% After Winning FDA Appeal For NAMD Therapy May 26, 2026 09:46 ET

    Shares of Outlook Therapeutics, Inc. (OTLK) are climbing about 38 percent in Tuesday morning trading after the company announced that the U.S. FDA has granted its appeal following completion of the Formal Dispute Resolution process for ONS-5010/LYTENAVA, its investigational therapy for neovascular age-related...

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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