Nissan Motor has decided to scrap its plan to manufacture electric vehicle (EV) drive units in the United Kingdom, according to a report by the Nikkei business daily. The move comes as the company faces weaker-than-expected sales of key EV models in Europe, prompting a reassessment of its investment...
Responding to press speculation, Delivery Hero SE (DELHY, DHER.DE) confirmed that Uber Technologies, Inc. made an indicative proposal of 33 euros per share regarding a potential takeover of the German online food ordering and delivery platform. Delivery Hero said it remains fully focused on executing...
Novo Nordisk announced that the Committee for Medicinal Products for Human Use (CHMP) under the European Medicines Agency (EMA) adopted a positive opinion, recommending marketing authorisation of Wegovy 7.2 mg (once-weekly injectable semaglutide 7.2 mg) in a single-dose pen for people living with obesity. Wegovy...
Air Canada (AC.TO) announced that it has reached a tentative collective agreement with Unifor, the union representing approximately 6,000 of its employees. These include contact centre staff, customer relations teams, concierge services, airport in-terminal agents, and those managing customer journeys...
Pharming Group (PHAR) announced that the European Commission granted marketing authorization for Joenja (leniolisib), an oral, selective phosphoinositide 3-kinase (PI3K) delta inhibitor, for the treatment of activated PI3K delta syndrome (APDS), a rare primary immunodeficiency, in adult and pediatric...
Technology giant Google has appealed a U.S. federal court ruling that found the search giant illegally maintained monopolies in online search and related advertising markets. According to Reuters, the company on Friday filed its appeal challenging a 2024 decision by U.S. District Judge Amit Mehta,...
After turning in a strong performance throughout much of the session on Friday, stocks gave back some ground in the latter part of the trading day but still closed mostly higher. While the major averages pulled back well off their best levels of the day, the Dow still ended the session at a new record closing high.
Friday, Novo Nordisk A/S (NVO) announced that the Committee for Medicinal Products for Human Use under the European Medicines Agency has recommended marketing authorisation of Wegovy pill to reduce excess body weight and maintain long-term weight reduction. The recommendation is backed by findings...
Stocks have moved mostly higher during trading on Friday, adding to the modest gains posted in the previous session. The major averages have all moved to the upside, with the Dow reaching a new record intraday high. Currently, the major averages are off their highs of the session but still in positive territory.
A reading on leading U.S. economic indicators unexpectedly edged slightly higher in the month of April, according to a report released by the Conference Board on Friday. The Conference Board said its leading economic index crept up by 0.1 percent in April after falling by 0.6 percent. Economists had expected the index to dip by 0.3 percent.
Friday, AstraZeneca PLC (AZN) along with Daiichi Sankyo (DSKYF.PK) announced that Datroway has been approved in the U.S. for the treatment of adult patients with unresectable or metastatic triple negative breast cancer. The approval comes after Priority Review by the U.S. Food and Drug Administration...
A report released by the University of Michigan on Friday showed consumer sentiment in the U.S. deteriorated by much more than previously estimated in the month of May. The University of Michigan said its consumer sentiment index for May was downwardly revised to 44.8 from a preliminary reading of 48.2. Economists had expected the index to be unrevised.
The UN International Court of Justice has ruled that the right to strike is protected under a core International Labour Organization convention, in a landmark advisory opinion settling a long-running dispute between workers and employers worldwide. By 10 votes to four, the UN World Court ruled on...
The Office of the United States Trade Representative will host the G20 Trade Ministerial in Milwaukee, Wisconsin, from September 30 to October 1. "President Trump's tariff program is actively rebalancing global trade, reversing decades of non-market policies and practices to protect American workers...
A wet and unsettled Memorial Day weekend is in store for much of the East, while the West remains warm and dry, the National Weather Service said on Friday. Widespread rainfall of 1 to more than 2 inches is expected from the Gulf Coast to southern New England, according to NWS. Well above normal temperatures are forecast to build across the northern Plains. Another round of heavy to excessive r
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.