LOGO
LOGO

breaking news

  • China To Buy $17 Bln Worth Of US Agricultural Products Annually: White House May 18, 2026 09:03 ET

    China will purchase U.S. agricultural products worth at least $17 billion annually for three years, and reopen its markets to some U.S. meat products as part of deals secured during President Donald Trump's recently concluded visit to Beijing, according to the White House. It revealed details of some agreements made between the two sides last week. Donald Trump, on the first visit by a US Presi

  • Futures Pointing To Slightly Lower Open On Wall Street May 18, 2026 08:48 ET

    Stocks may move to the downside in early trading on Monday, extending the sharp pullback seen during last Friday's session. The major index futures are currently pointing to a slightly lower open for the markets, with the S&P 500 futures down by 0.1 percent. Lingering concerns about the conflict in...

  • NextEra To Buy Dominion In An All-stock Deal, Stock Up In Pre-Market May 18, 2026 08:39 ET

    NextEra Energy Inc (NEE) agreed to acquire Dominion Energy Inc (D) in an all-stock deal that will create the largest regulated electric utility in the United States, the companies announced on Monday. In pre-market activity on the NYSE, shares of Dominion were up 14.51 percent, changing hands at $70.70,...

  • Viatris's NDA For MR-107A-02 Secures FDA Acceptance May 18, 2026 08:34 ET

    Monday, Viatris Inc. (VTRS) announced that the U.S. Food and Drug Administration has accepted for review the New Drug Application for MR-107A-02 for the treatment of moderate-to-severe acute pain. The agency has assigned a PDUFA goal date of December 27, 2026. The approval is based on data from...

  • Kyverna Therapeutics Names Greg Martini CFO May 18, 2026 08:32 ET

    Kyverna Therapeutics, Inc. (KYTX), Monday announced the appointment of Greg Martini as Chief Financial Officer, effective May 18. The late-stage clinical biopharmaceutical company focused on autoimmune diseases said Martini will succeed Marc Grasso. Martini has been with Ironwood Pharmaceuticals....

  • RTX: Raytheon Gets Contract From Office Of Naval Research May 18, 2026 08:30 ET

    Raytheon, an RTX (RTX) business, has been awarded a contract from the Office of Naval Research to further develop advanced radar software for next-generation naval radars. Raytheon's Advanced Technology team will develop software that enables each building block within a radar to operate independently,...

  • Teva Reports Gap In Tardive Dyskinesia Diagnosis Among Patients With Mood Disorders May 18, 2026 08:26 ET

    Teva Pharmaceuticals, a U.S. affiliate of Teva Pharmaceutical Industries Ltd. (TEVA) on Monday announced new real-world data from the IMPACT-TD Registry showing a significant gap in diagnosing tardive dyskinesia in patients with underlying mood disorders. The data showed that 85% of adults aged 18...

  • Trump Warns Iran 'clock Is Ticking' May 18, 2026 08:03 ET

    President Donald Trump has renewed the threat to resume military attacks against Iran by saying that the regime is running out of time to reach an agreement in line with what the United States proposed. "For Iran, the clock is ticking, and they better get moving, fast, or there won't be anything left of them," Trump wrote on Truth Social platform on Sunday, as Middle East peace talks remained stal

  • Ebola Outbreak In Central Africa Declared International Emergency May 18, 2026 08:00 ET

    The World Health Organization has declared the ongoing Ebola outbreak in Central Africa a Public Health Emergency of International Concern, citing rising cases, cross-border spread and significant uncertainties about the scale of the epidemic. The decision, announced by WHO Director-General Tedros Ghebreyesus on Sunday, follows reports of both confirmed and suspected infections linked to the Bund

  • Design Therapeutics Announces Positive Data From DT-216P2 Study, Stock Up In Pre-Market May 18, 2026 07:58 ET

    Monday, Design Therapeutics, Inc. (DSGN) announced positive biomarker and clinical data from the ongoing Phase 1/2 RESTORE-FA trial evaluating DT-216P2 in patients with Friedreich ataxia. The study observed both dose-dependent increases in FXN levels and dose-dependent improvements across multiple...

  • Glenfarne, ConocoPhillips Sign Gas Supply Precedent Agreement For Alaska LNG May 18, 2026 07:39 ET

    Glenfarne Alaska LNG LLC, a unit of Glenfarne Group, and ConocoPhillips Alaska (COP) said on Monday that they have signed a gas sales precedent agreement to supply natural gas from Alaska's North Slope for Phase One of the Alaska LNG project. Glenfarne said it is developing the Alaska LNG project...

  • Brady Corp. Boosts FY26 Outlook; Shares Up 4.2% - Update May 18, 2026 07:34 ET

    While reporting financial results for the third quarter on Friday, Brady Corp. (BRC) raised its earnings and adjusted earnings guidance range for the full-year 2026. For fiscal 2025, the company now projects earnings in a range of $4.66 to $4.76 per share and adjusted earnings in the range of $5.20...

  • Ford Energy Signs Five-year Battery Storage Supply Agreement With EDF Power Solutions North America May 18, 2026 07:32 ET

    Ford Energy, a wholly owned subsidiary of Ford Motor Co. (F), and EDF Power Solutions North America, an entity of the EDF Group, on Monday announced a five-year framework agreement for up to 20 gigawatt hours of battery energy storage systems. Under the agreement, EDF power solutions North America...

  • Ford To Launch 7 New European Models, Pushes Software As It Seeks Turnaround May 18, 2026 07:26 ET

    Ford Motor Company (F) will launch seven new passenger and commercial vehicles in Europe by 2029 and expand its software services business, as it tries to defend its lead in vans and revive passenger car division that has struggled against Chinese and European rivals. The U.S. automaker unveiled...

  • Baidu Q1 Profit Drops, AI Revenues Rise; Sees AI Growth Ahead; Stock Rises May 18, 2026 07:25 ET

    Shares of Baidu Inc. were gaining around 4 percent in the pre-market activity on Nasdaq after the Chinese AI and internet company Monday reported significantly higher revenues in Core AI-powered Business in its first quarter and projected AI growth ahead, even as net profit and total revenues dropped from last year.

Global Economics Weekly Update: May 11 – May 15, 2026

May 15, 2026 15:25 ET
Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.

Latest Updates on COVID-19