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  • Shell Q1 Profit Climbs, Production Down; Begins $3 Bln Buyback; Stock Down May 07, 2026 04:32 ET

    Oil and gas major Shell Plc reported Thursday higher profit and adjusted EBITDA in its first quarter, while revenues and other income edged down amid weak production. Separately, Shell announced the commencement of a $3.0 billion share buyback programme. In London, the shares were losing around 2.8 percent. In pre-market activity on the NYSE, Shell shares were down 1.7 percent

  • Korea Aerospace Q1 Operating Profit Rises May 07, 2026 04:32 ET

    Korea Aerospace (047810.KS) reported first quarter net income attributable to shareholders of the parent company of 42 billion Korean won, a 39.7% increase compared to 30.1 billion won in the corresponding quarter of the prior year. Operating income was 67.1 billion won, increased 43.4% compared to the...

  • Henkel Q1 Sales Down, Organic Sales Rise; Confirms FY26 Outlook; Stock Gains May 07, 2026 03:49 ET

    German chemical and consumer goods major Henkel AG & Co. KGaA (HENOY.PK, HENKY.PK) reported Thursday lower sales in its first quarter, while organic sales increased with growth in both units. Further, the firm maintained fiscal 2026 outlook. On the XETRA in Germany, Henkel shares were gaining around...

  • Kumho Petro Chemical Earnings Decline In Q1 May 07, 2026 03:47 ET

    Kumho Petro Chemical Co.,Ltd (011780.KS, 011785.KS), on Thursday reported lower net income in the first quarter of 2026 compared with the previous year. For the first quarter, net income attributable to shareholders of the parent company declined 22.96 percent to KRW 96.27 billion from KRW 124.95...

  • Klépierre Rental Income Up In Q1 May 07, 2026 03:27 ET

    Klépierre SA (KLPEF, LI.PA), a French Real Estate Investment Trust, on Tuesday reported higher rental income in the first quarter of 2026 compared with the previous year. For the first quarter, net rental income increased to 269.6 million euros from 262.2 million euros in the previous year. EBITDA...

  • GS Retail Q1 Operating Profit Rises May 07, 2026 03:14 ET

    GS Retail (007070.KS) reported first quarter net income attributable to shareholders of the parent company of 43.06 billion Korean won, compared to 6.73 billion won in the same period last year. Operating income was 58.27 billion won, compared to 41.81 billion won, prior year. Sales for the current...

  • KT&G Corp. Earnings Up In Q1 May 07, 2026 03:09 ET

    KT&G Corp. (033780.KS), a tobacco company, on Thursday reported that net income increased while operating income decreased in the first quarter of 2026 compared with the previous year. For the first quarter, net income attributable to the shareholders of the parent company increased to KRW 380.54...

  • LG Corp. Earnings Decline In Q1 May 07, 2026 02:59 ET

    LG Corp. (003550.KS, 003555.KS), a South Korean electronics, chemicals, telecommunications, and household appliances company, on Thursday reported lower net income in the first quarter of 2026 compared with the previous year. For the first quarter, net income attributable to shareholders of the parent...

  • InterContinental Hotels Q1 Global RevPAR Rises; Says Confident Of Outlook May 07, 2026 02:50 ET

    InterContinental Hotels Group PLC (IHG, IHG.L) reported Thursday very strong first-quarter trading performance, with growth of 4.4 percent in Global RevPAR. Further, the firm said it is confident of achieving consensus growth forecasts and profit expectations. In its trading update, the company...

  • ENGIE Q1 EBIT Excl. Nuclear Down 6.6% Organically; Confirms 2026 Guidance May 07, 2026 02:50 ET

    ENGIE (ENGI.PA) reported first quarter EBITDA of 4.7 billion euros, down 13.6% on a gross basis and down 12.3% on an organic basis. EBITDA ex. Nuclear was 4.6 billion euros, was down 6.0% on a gross basis and down 4.4% on an organic basis. EBIT ex. Nuclear was at 3.4 billion euros, down 8.4% on a gross...

  • ON Semiconductor Prices $1.3 Bln Convertible Sr. Notes Offering May 07, 2026 02:43 ET

    ON Semiconductor Corp. (ON) on Thursday said it has priced its private offering of $1.3 billion of 0% Convertible Senior Notes due 2031. The initial conversion price of the notes is approximately $161.30 per share, representing a 52.5% premium to the company's closing stock price of $105.77 on May...

  • Bouygues Q1 Loss Narrows, Sales Down; Backs FY26 Outlook May 07, 2026 02:38 ET

    Bouygues SA (BOUYY.PK), a French telecommunications, media, and construction company, reported Thursday narrower net loss in its first quarter and current operating profit increased, despite weak sales. Looking ahead for fiscal 2026, the company continues to expect stable sales at constant exchange...

  • Suja Life Prices 8.88 Mln Share IPO At $21 Per Share May 07, 2026 02:27 ET

    Suja Life, Inc. (SUJA), a California-based producer of plant-based, cold-pressed juices and functional beverages, announced Thursday that it has priced its initial public offering of 8,888,889 Class A common shares at $21.00 per share. Shares are expected to begin trading on the Nasdaq on May 7,...

  • Shreya Acquisition Prices IPO Of 10 Mln Units May 07, 2026 02:23 ET

    Shreya Acquisition Group (SAGUU) has announced the pricing of its initial public offering of 10 million units at $10 per unit. Each unit consists of one class A share, one redeemable warrant, and one right to receive one-fourth of one class A share upon the consummation of an initial business combination. Each...

  • Royalty Pharma Q1 Profit, Revenue Increase; Raises Full-year Portfolio Receipts Outlook May 07, 2026 02:18 ET

    Royalty Pharma plc (RPRX) on Thursday reported higher first-quarter earnings, supported mainly by growth in income from financial royalty assets. Net income before tax increased to $468 million from $434 million previously. Operating income rose to $563 million from $534 million in the prior-year...

Global Economics Weekly Update - April 27 – May 01, 2026

May 01, 2026 15:54 ET
Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.

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