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  • SWI Group Announces Acquisition Of Significant Shareholding In Genesis Digital Assets June 15, 2026 02:56 ET

    SWI Group (SWICH.AS) announced the acquisition of a significant shareholding in Genesis Digital Assets for an aggregate consideration of $500 million. GDA holds 1.3 GW of energized and approved grid connections. The platform comprises 15 facilities, including multiple hyperscaler-grade sites in Texas. Upon...

  • Auckland Airport May Traffic Dips As Middle East Routes Hit By Unrest; Domestic Traffic Flat June 15, 2026 02:19 ET

    Auckland International Airport Ltd. (AIA.AX) reported Monday that total passengers through Auckland Airport reached 1.41 million in May, down 1 percent on the prior year, mainly due to weak international passenger traffic, while domestic traffic was flat. However, Queenstown Airport generated improved...

  • Schneider Electric Partners With Foxconn To Develop Next-generation AI Data Center Infrastructure June 15, 2026 02:06 ET

    Schneider Electric SE (SU.PA), an energy technology company, on Monday announced a strategic collaboration with Hon Hai Precision Industry Co., Ltd. (2317.TW, HNHPF) to define and scale next-generation AI data center infrastructure while improving scalability, efficiency, and sustainability. The production...

  • ASX Admits Misleading Conduct On CHESS Project, To Pay A$20.5 Mln Penalty In Settlement With ASIC June 15, 2026 01:40 ET

    ASX Limited (ASXFY.PK, ASXFF.PK, ASX.AX) Monday announced that it has settled proceedings brought by Australian Securities and Investments Commission or ASIC in relation to statements made in 2022 on the status relating to CHESS replacement project, after admitting misleading conduct. As part of the...

  • Banqup Group Launches Strategic Review Process, Explores Sale Options June 15, 2026 01:34 ET

    Banqup Group SA (BANQ.BR), a Belgian fintech and SaaS company, on Monday announced a strategic simplification plan to reorganize the company into distinct, autonomous business units. The company has hired Lazard, Inc. (LAZ) to explore options for the business, including the possible sale of certain...

  • Woodside Denies Talks With Exxon Mobil Amid Media Speculation June 14, 2026 21:19 ET

    In response to recent media speculation, Woodside (WDS, WDS.AX)confirms that it is not aware of any proposal and is not in discussions regarding a potential transaction with Exxon Mobil Corp.(XOM). The company will continue to comply fully with its continuous disclosure obligations. Reports last week...

  • Sigma Healthcare Withdraws From Boots Group Sale Process; Stock Up June 14, 2026 21:08 ET

    Sigma Healthcare Limited (SIG.AX) announced that, following preliminary discussions regarding the sale process of The Boots Group, its Board has elected to withdraw interest and cease discussions immediately. This decision follows Sigma's earlier announcement on 10 June 2026. International growth...

  • Lilly's Jaypirca Combo Reduces Risk Of Progression By 45% In Phase 3 CLL Trial June 14, 2026 04:56 ET

    Eli Lilly and Co. (LLY) announced positive results from the Phase 3 BRUIN CLL-322 clinical trial evaluating Jaypirca (pirtobrutinib), a non-covalent Bruton tyrosine kinase (BTK) inhibitor, in combination with venetoclax and rituximab versus venetoclax and rituximab alone in patients with relapsed or...

  • Air Canada Reaches Tentative Agreement With IAMAW June 13, 2026 22:37 ET

    Air Canada (AC.TO) announced that it has reached a tentative collective agreement with the International Association of Machinists and Aerospace Workers (IAMAW). The agreement covers more than 11,000 employees working across Maintenance, Cabin Services, Airport Airside Operations, Cargo, Finance, and...

  • Genmab Presents Promising Epcoritamab Data In Elderly DLBCL Patients June 13, 2026 21:49 ET

    Genmab A/S (GMAB) reported positive findings from two clinical studies evaluating epcoritamab in elderly patients with newly diagnosed diffuse large B-cell lymphoma (DLBCL) who are not eligible for anthracycline-based chemotherapy. In the Phase 2 EPCORE DLBCL-3 trial, fixed-duration epcoritamab monotherapy...

  • US DOJ Clears Paramount's Acquisition Of Warner Bros. Discovery June 13, 2026 13:50 ET

    The Antitrust Division of the U.S. Department of Justice announced that it closed its investigation into the proposed acquisition of Warner Bros. Discovery (WBD) by Paramount Skydance Corporation (PSKY). After completing its analysis, the Division determined that the transaction is not likely to result...

  • Target Shareholders Reject Independent Chair Policy Proposal June 13, 2026 10:50 ET

    Target Corp. (TGT) announced the results of its 2026 Annual Meeting of Shareholders held on June 10, 2026. Shareholders rejected three proposals, including a request for a policy requiring the Board Chair to be independent, a report on the presence of pesticides in Target's private label brands, and...

  • JBS USA To Close Facilities In Pennsylvania And Tennessee, Pledges Support For Employees June 13, 2026 04:37 ET

    JBS USA announced plans to close two facilities located in Pennsylvania and Tennessee as part of targeted changes aimed at strengthening its operations for the future. The company emphasized its commitment to supporting employees impacted by the decision. The closures include the beef production facility...

  • Roche Secures FDA Approval For First PTEN IHC Companion Diagnostic In Prostate Cancer June 13, 2026 03:19 ET

    Roche (RHHBY) announced that the VENTANA PTEN (SP218) RxDx Assay has become the first immunohistochemistry (IHC) companion diagnostic test to receive approval from the U.S. Food and Drug Administration (FDA) for determining PTEN protein loss, also known as PTEN deficiency, in tumours of patients with...

  • OpenText Doubles Ireland Investment With EUR 105 Mln Commitment And 400 New Jobs June 13, 2026 03:05 ET

    OpenText (OTEX, OTEX.TO) has announced a 105 million euros investment that will create 400 new jobs across its sites in Ireland over the next three years. This commitment doubles the company's investment in the country and will significantly expand its capabilities in agentic AI, cybersecurity, sovereign...

Global Economics Weekly Update - Jun 08-12, 2026

June 12, 2026 17:14 ET
Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.