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  • CleanSpace Expects EBITDA Loss In FY26 As Product Delays Hit Revenue, Eyes New Launch; Stock Down May 26, 2026 05:52 ET

    CleanSpace Holdings Ltd. (CSX.AX), an Australia-based designer and manufacturer of respiratory protection equipment for industrial and healthcare solutions, on Tuesday announced that Operating EBITDA for the year to June 30 is expected to be a "small loss." Further, the company now expects full-year...

  • Lithia & Driveway Increases Share Repurchase Authorization By $500 Mln To $726 Mln May 26, 2026 05:47 ET

    Lithia & Driveway (LAD) announced Tuesday that it increased its share repurchase authorization by $500 million, bringing its remaining authorization to $726 million. Since March 31, the company has repurchased about 505,000 shares for more than $137 million at a weighted average price of $272 per...

  • JOYY Q1 Income From Cont. Opns Up, Issues Q2 View, Plans Upto $600 Mln Share Buyback; Stock Up May 26, 2026 04:44 ET

    JOYY Inc. (JOYY), a Singapore -based technology company, late Monday reported sharply lower profit for the first quarter of 2026, due to the absence of a hefty gain on the disposal of YY Live in the previous year. on a continuing operations basis, the company recorded higher net income with growth in...

  • Fisher & Paykel Healthcare FY26 Profit Jumps, Lifts Dividend; Sees Growth In FY27; Stock Up May 26, 2026 02:59 ET

    Fisher & Paykel Healthcare Corp. Ltd. (FPH.AX, FSPKF, FPH.NZ), a New Zealand-based medical device company, on Tuesday posted higher profit for fiscal 2026 as revenue rose. Further, the company raised dividend, and issued fiscal 2027 outlook, expecting year-over-year growth. On the ASX, shares of Fisher...

  • Kingfisher Q1 Underlying LFL Sales Down 0.7%; Confident In FY Guidance May 26, 2026 02:52 ET

    Kingfisher (KGF.L) reported first quarter Total Group sales of 3.3 billion pounds, up 1.4% as reported. Total sales including marketplace Gross merchandise sales was up 0.8%. Group like for like sales declined 0.9%. Underlying like for like sales were down 0.7%. For fiscal 26/27, the Group expects adjusted...

  • Trinseo Begins Chapter 11 Process; Secures New $150 Mln Revolving Credit Facility May 26, 2026 02:16 ET

    Trinseo PLC (TSEOF), a materials solutions provider, on Tuesday announced that it has started the next step in its financial restructuring plan with support from lenders holding the majority of its debt. The company said the plan is expected to reduce its debt by about $2 billion and reduce annual...

  • ASX FY-to Date Operating Revenue Climbs, Backs FY26 Outlook, Updates FY27 Capex View; Stock Down May 26, 2026 01:32 ET

    ASX Limited (ASXFY.PK, ASXFF.PK, ASX.AX) reported Monday higher operating revenue for the financial year to date period, and confirmed fiscal 2026 guidance for capex and expenses. Further, the firm said it expects to record divestment loss in fiscal 2026 related to its agreement to sell its 49 percent...

  • Goodman Group Sees FY26 Operating EPS Growth Of At Least 9% May 26, 2026 01:30 ET

    Goodman Group (GMGSF.PK), a provider of essential infrastructure, said it remains on track to deliver at least 9% operating EPS growth in fiscal 2026. Chief Executive Officer Greg Goodman said, "The Group has progressively repositioned its portfolio toward large, infrastructure-scale industrial assets...

  • Imperial Metals Announces NCIB To Repurchase Up To 890,855 Shares May 26, 2026 01:23 ET

    Imperial Metals Corp. (IPMLF, III.TO) announced Monday that the Toronto Stock Exchange accepted its notice to launch a normal course issuer bid to repurchase up to 890,855 common shares. The shares represent 0.5% of Imperial's issued and outstanding common shares as of May 20. The purchases under...

  • SATS Q4 Profit Rises May 25, 2026 08:47 ET

    SATS Ltd (S58.SI) reported fourth quarter profit attributable to owners of the company of S$50.7 million, an increase of 31% from a year ago. Earnings per share, in cents, was 3.4 compared to 2.6. The company said the improvement was partly supported by lower tax expenses in the current period. Operating...

  • Done.ai Board To Evaluate Multiple Strategic Alternatives May 25, 2026 08:24 ET

    Done.ai Group AB (DONE.ST) said its Board of Directors has resolved to initiate a formal evaluation of strategic alternatives for Done.ai. The alternatives under consideration include continued independent execution against the company's financial targets, as well as a potential sale, co-investment,...

  • Brookfield Receives Approval For Renewal Of Normal Course Issuer Bid May 25, 2026 07:13 ET

    Brookfield Corporation (BN, BN.TO) has received approval from the Toronto Stock Exchange for the renewal of its normal course issuer bid to purchase up to 191,034,672 Class A Limited Voting Shares, representing 10% of the public float of Brookfields outstanding Class A Shares. The period of the normal...

  • Jason Marine FY Profit Rises May 25, 2026 06:55 ET

    Jason Marine Group (5PF.SI) reported that its fiscal year profit increased 71.4% to S$1.33 million. Net profit attributable to owners of the company increased 70.8% from S$0.8 million to S$1.3 million. Earnings per share, in cents, was 1.27 compared to 0.74. For the financial year, revenue rose 2.7%...

  • Vividthree To Report Lower Revenue, Loss For FY26 May 25, 2026 06:39 ET

    The Board of Vividthree Holdings Ltd. (OMK.SI) said, following a preliminary review of the unaudited financial results, the Group is expected to report a net loss for fiscal 2026, mainly attributable to lower revenue, recognition of impairment losses on goodwill arising from business combinations, fair...

  • European Shares Rally On US-Iran Deal Hopes; Banks Lead Gains May 25, 2026 05:03 ET

    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...

Global Economics Weekly Update -May 18 – May 22, 2026

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.

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