European stocks surged to hit multi-week highs on Monday amid continued optimism around the trajectory of talks to end the Iran war. Oil prices fell nearly 6 percent, helping ease inflationary concerns after reports emerged that the U.S. is close to reaching a deal with Iran that would end the three-month-old...
Service Stream (SSM.AX), a network services company said Monday it has agreed to acquire Queensland-based high-voltage electrical and instrumentation firm, RIE Group, for an initial A$6.5 million, with potential additional payments of up to A$1.5 million. RIE Group operates in the oil and gas, power...
Jardine Matheson Holdings Limited (J36.SI, JAR.L) has agreed to acquire a 100% interest in I-MED Radiology Network, specialized in diagnostic imaging and teleradiology based in Australia, from funds advised by Permira, acting through their UK platform, and other existing shareholders for a total enterprise...
Mapletree Industrial Trust Management Limited, as manager of Mapletree Industrial Trust (MAPIF, ME8U.SI) said that DBS Trustee Limited, as trustee of Mapletree Industrial Trust, through its indirect wholly-owned subsidiary, has inked a deal to sell 2000 Kubach Road, Philadelphia, Pennsylvania-based data...
Ericsson (ERIC) announces the decision to relocate its Stockholm operations, including its headquarters, from Kista to Hagastaden on the northern city boundary. The Kista operations include R&D, business areas, group functions and the Imagine Studio. The process of moving employees in Kista is estimated...
Mitsubishi Chemical Group Corporation (4188.T) announced that Mitsubishi Chemical Corporation, its subsidiary, has begun considering the spin-off of its basic chemicals business, which is primarily focused on petrochemicals, as a wholly owned subsidiary. The company targets to implement the spin-off...
Alcidion Group (ALC.AX) has signed a contract with University Hospitals Sussex for Miya Precision EPR platform. The platform will give clinicians real time access to patient records whilst streamlining patient flow and improving clinical decision making processes. The total contract value is approximately...
Adore Beauty Group (ABY.AX) issued an update on its unaudited year-to-date financial performance. For the first 47 weeks ending 24th May of fiscal year, revenue was up 7.4% over prior corresponding period to A$193.4 million. Year to date new customer acquisition was up 13.9%. For the second half,...
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.
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.