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  • Auction Group CEO To Step Down, Expects H1 Revenue Growth; Confirms FY26 Guidance April 20, 2026 05:29 ET

    Auction Technology Group Plc (ATG), a British online marketplace company The company announced that CEO John-Paul Savant will step down after more than ten years of service. The Auction Group confirmed it's full year 2026 guidance and said it expects first interim revenue growth, after positive trading...

  • Kailera Therapeutics Begins Trading On Nasdaq On Completion Of $625 Mln IPO April 20, 2026 04:59 ET

    Kailera Therapeutics, Inc (KLRA)., a portfolio company of London-listed RTW Biotech Opportunities Ltd, completed a $625 million initial public offering that set a record as the largest-ever biotech IPO by proceeds, RTW Bio said on Monday. The company said that the IPO was upsized from $500 million,...

  • Nxera Pharma To Receive $10 Mln Milestone Payment From AbbVie Under Neurology Collaboration April 20, 2026 02:53 ET

    Nxera Pharma Co., Ltd. (4565.T, SOLTF), a research-based biopharmaceutical company, on Monday announced that it will receive a $10 million milestone payment from AbbVie Inc. (ABBV), a research-based biopharmaceutical company. The payment follows the achievement of a third R&D milestone under their...

  • Faraday Future Closes $45 Mln Financing To Fund EAI Robotics, Super One April 20, 2026 02:30 ET

    Faraday Future Intelligent Electric Inc. (FFAI), a California-based Embodied AI or EAI ecosystem company, said that it has closed a $45 million financing deal with a U.S. institutional investor to advance its EAI ecosystem strategy, covering robotics, EV operations, and phased delivery of the FX Super...

  • Freenet Places EUR 350 Mln Promissory Note Loan April 20, 2026 02:07 ET

    freenet AG (FNTN.DE, FRTAF), a German network-independent telecommunications provider, on Monday announced that it has placed a promissory note loan with a total volume of 350 million euros. The move is primarily to refinance bridge financing used for the acquisition of mobilezone Deutschland. The...

  • TGS Extends Gulf Of America Ocean Bottom Node Contract By Three Years April 20, 2026 01:44 ET

    TGS ASA (TGSGY, TGSNF, TGS.OL), a Norwegian-based provider of energy data, insights, and intelligence, on Monday announced the extension of its ongoing multi-year Ocean Bottom Node acquisition contract in the Gulf of America for an additional three years. The contract was awarded by a major producer,...

  • Siemens Unveils Autonomous AI Engineering Agent April 20, 2026 01:35 ET

    Siemens AG (SMAWF, SIE.DE, SIEGY), a German technology company, on Monday unveiled the Eigen Engineering Agent, a new industrial AI system that can complete engineering tasks on its own, as part of its 1 billion euros investment in industrial AI. The Eigen Engineering Agent can write automation code,...

  • Lilly In Advanced Talks To Acquire Kelonia Therapeutics For More Than $2 Bln : Report April 19, 2026 23:32 ET

    Eli Lilly (LLY) is in advanced talks to acquire Kelonia Therapeutics for more than $2 billion, according to the Wall Street Journal, citing people familiar with the matter. A deal could be announced as soon as Monday, though the talks may still fall apart. The price may also include additional milestone-based...

  • QXO To Acquire TopBuild In $17 Bln Deal April 19, 2026 23:22 ET

    QXO Inc. (QXO) announced that it agreed to acquire TopBuild Corp. (BLD) for approximately $17 billion. The transaction is expected to be immediately and substantially accretive to QXO's earnings. BLD closed at $410.31, up $22.20 or 5.72% as of April 17 . In overnight trading at 8:04:24 PM EDT, the...

  • National Australia Bank Expects A$706 Mln Credit Impairment Charges Amid Market Volatility April 19, 2026 23:04 ET

    National Australia Bank (NAUBF,NABZY,NAB.AX) expects credit impairment charges of A$706 million for the first-half of 2026, following adjustments to credit provisioning and capital settings in response to risks stemming from the conflict in the Middle East. Of this total, A$300 million relates to...

  • Vulcan Energy Signs EUR 40 Mln Deal With Siemens For Lionheart Lithium And Renewable Energy Project April 19, 2026 21:37 ET

    Vulcan Energy (VUL.AX) announced that it has entered into a major project framework agreement valued at approximately 40 million euros with Siemens AG for the supply of engineering, automation, telecommunications, and building technology systems for its flagship Lionheart Project in Germany's Upper Rhine...

  • DIRECTV Modernizes U.S. Video Platform With Harmonic's VOS Media Software April 19, 2026 11:22 ET

    Harmonic (HLIT) announced that DIRECTV is modernizing its U.S. direct-to-home (DTH) video platform using Harmonic's VOS Media Software. This cloud-native solution is designed to streamline DIRECTV's playout-to-delivery workflow, lowering operational costs while ensuring scalable, high-quality video delivery...

  • Tesla Expands Driverless Robotaxi Service To Dallas And Houston April 19, 2026 00:55 ET

    Tesla has officially launched its autonomous robotaxi service in Dallas and Houston, Texas, marking a significant expansion of its driverless ride-hailing network. This move extends Tesla's operational footprint to three major metropolitan areas in the state, following its initial rollout in Austin. The...

  • Sanofi's Nuvaxovid Shows Superior Tolerability Over Moderna's MNEXSPIKE In COMPARE Study April 19, 2026 00:10 ET

    Sanofi's (SNY, SNYNF,SAN.PA) protein-based COVID-19 vaccine, Nuvaxovid (NVX-CoV2705), demonstrated a significantly better tolerability profile compared to Moderna's latest mRNA vaccine, mNEXSPIKE (mRNA-1283), in the first head-to-head, double-blind, randomized phase 4 study conducted in adults. The...

  • U.S. Stocks Extend Rally After Iran Reopens Of Strait Of Hormuz April 17, 2026 16:14 ET

    Extending the strong upward move seen over the past several sessions, stocks moved sharply higher during trading on Friday. The Nasdaq and the S&P 500 once again reached new record closing highs, while the Dow reached its best closing level in almost two months. The major averages ended the day off their highs of the session but still posted strong gains.

Global Economics Weekly Update: April 13 – April 17, 2026

April 17, 2026 15:29 ET
The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.