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  • Harworth, Microsoft Secure Planning Resolution For Leeds Data Centre Campus April 27, 2026 04:05 ET

    Harworth Group plc (HWG.L), a regeneration, strategic land and development business, announced Monday that Microsoft Corp.'s (MSFT) MSFT MCIO Limited secured a resolution to grant planning consent from Leeds local planning committee for a hyperscale data centre and industrial space at Skelton Grange. The...

  • Sun Pharmaceutical To Buy Organon For $11.75 Bln April 27, 2026 03:11 ET

    Sun Pharmaceutical Industries Limited (SUNPHARMA, 524715), a major Indian pharma company, said on Monday that it has inked a deal to buy Organon & Co.(OGN) for $14 per share in cash with an enterprise value of $11.75 billion. Kirti Ganorkar, Managing Director of Sun Pharma, said: "This transaction...

  • Hitachi FY25 Net Income Rises April 27, 2026 03:07 ET

    Hitachi (6501.T) reported that fiscal 2025 net income attributable to stockholders increased to 802.4 billion yen from 615.7 billion yen, prior year. Earnings per share was 176.63 yen compared to 133.72 yen. Adjusted operating income increased to 1.2 trillion yen from 971.6 billion yen. For fiscal...

  • Chemical Industries (Far East) Sees Significantly Narrower Losses In FY26 April 27, 2026 02:57 ET

    Chemical Industries (Far East) Limited (C05.SI) said it expects significantly narrower losses for financial year 2026 versus 2025, mainly reflecting cost savings. The company attributed the expected improvement to rightsizing of organization mainly with headcounts reductions and lower costs across...

  • CapitaLand Ascott Trust Q1 RevPAU Up, Distribution Income Nearly Stable April 27, 2026 02:24 ET

    CapitaLand Ascott Trust (ATTRF, HMN.SI) reported Monday that its first-quarter RevPAU increased 1 percent year-over-year, excluding The Cavendish London or TCL, which is closed for renovation, as well as acquisitions and divestments in 2025. RevPAU grew 7 percent in Australia from last year and 2...

  • AstraZeneca: FDA Approves Saphnelo For Subcutaneous Self-administration April 27, 2026 02:19 ET

    AstraZeneca (AZN, AZN.L, ZEG.DE, AZN.ST) said its Saphnelo has been approved in the US for self-administration as a once-weekly autoinjector, the Saphnelo Pen, for the treatment of adult patients with systemic lupus erythematosus on top of standard therapy. The approval was based on results from the...

  • Apollo Funds To Acquire Forvia's Interiors Business April 27, 2026 02:12 ET

    Apollo Global Management, Inc. (APO) on Monday said Apollo-managed funds have agreed to acquire the Interiors Business Group of Forvia SE in a carve-out transaction. The Interiors Business is a supplier of automotive interior systems, including instrument panels, door panels, and center consoles,...

  • SKC Co Loss Narrows In Q1; Shares Surge April 27, 2026 01:55 ET

    SKC Co., Ltd. (011790.KS), a manufacturer and seller of basic chemical raw materials and copper foils for batteries, on Monday reported its net loss narrowed in the first quarter of 2026 compared to the previous year. For the first quarter, net loss attributable to shareholders of the parent company...

  • Atlas Arteria Gets A$4.75/shr Takeover Offer From IFM For Remaining Stake; Stock Up April 27, 2026 01:52 ET

    Atlas Arteria Limited (ALX.AX) an owner, operator and developer of toll roads, said Monday it received an unsolicited off-market takeover offer from IFM to acquire all securities it does not already own for A$4.75 cash per security. On the ASX, shares of Atlas Arteria Limited were gaining 13.39 percent,...

  • Hanwha Ocean Q1 Net Profit Rises April 27, 2026 01:40 ET

    Hanwha Ocean Co. (042660.KS) reported first quarter net profit of 500 billion Korean won compared to 216 billion won, prior year, an increase of 132%. Operating profit was 441 billion won compared to 259 billion won, up 71%. First quarter revenue was 3.21 trillion Korean won compared to 3.14 trillion...

  • WeRide, Lenovo Expand Partnership To Deploy 200,000 Autonomous Vehicles Globally April 27, 2026 01:39 ET

    WeRide Inc. (WRD) on Monday said it has expanded its collaboration with Lenovo to accelerate large-scale commercialization of Level 4 autonomous driving, with plans to deploy 200,000 autonomous vehicles worldwide over the next five years starting 2026. The initiative, announced at Auto China 2026,...

  • Denso Says ROHM Acquisition Proposal Lacks Support; No Decision Made; ROHM Shares Fall April 27, 2026 01:35 ET

    Denso Corp. (DNZOY, 6902.T, DNZOF), a manufacturer of automotive components, on Monday, said media reports regarding its acquisition proposal for ROHM Co., Ltd. (ROHCY, 6963.T), a Japanese electronics and semiconductor manufacturer, which have not been announced by the company. The company confirmed...

  • Elliott Management Urges Daikin Industries To Boost Margins And Double EPS; Stock Up April 26, 2026 21:22 ET

    Elliott Investment Management L.P. and Elliott Advisors (UK) Limited, which together advise funds owning approximately 3% of Daikin Industries, Ltd. (DKILF.PK,6367.T), have released an investor presentation titled "Elliott's Perspectives on Daikin." In the presentation, Elliott highlighted the substantial...

  • Intel Helps Lead Nasdaq, S&P 500 To New Record Closing Highs April 24, 2026 16:17 ET

    After moving mostly lower over the course of the previous session, stocks moved back to the upside during trading on Friday. The Nasdaq and S&P 500 more than offset yesterday's losses, reaching new record closing highs.

  • Air Products And Chemicals To Build, Own And Operate New ASU In Florida April 24, 2026 11:54 ET

    Air Products and Chemicals, Inc. (APD), Friday announced its plan to build, own and operate a new air separation unit or ASU in the City of Cocoa, Florida, to produce liquid oxygen, nitrogen and argon. The plant, targeted to be on stream in the second half of 2028, is expected to provide an ideal...

Global Economics Weekly Update: April 20 – April 24, 2026

April 24, 2026 15:15 ET
Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.