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  • Publicis To Acquire LiveRamp?for Total Equity Value Of $2.546 Bln; Raises 2027-2028 Objectives May 17, 2026 12:56 ET

    Publicis Groupe (PUBGY.PK, PGPEF.PK, PUBP.PA), a French advertising and public relations company, announced that it entered into an agreement to acquire?LiveRamp, a global data collaboration?platform, for a total enterprise value of $2.167 billion in an all-cash transaction, based on an acquisition price...

  • AZN :FDA Approves ENHERTU For HER2-Positive Early Breast Cancer In Neoadjuvant And Adjuvant Settings May 17, 2026 11:49 ET

    The US Food and Drug Administration approved AstraZeneca (AZN) and Daiichi Sankyo's ENHERTU (fam-trastuzumab deruxtecan-nxki) for both the neoadjuvant and adjuvant treatment of patients with HER2-positive early breast cancer based on results from the DESTINY-Breast11 and DESTINY-Breast05 Phase III trials,...

  • WHO Declares Ebola Epidemic In DRC And Uganda Public Health Emergency Of International Concern May 17, 2026 11:06 ET

    The World Health Organization or WHO has declared the ongoing epidemic of Ebola disease caused by Bundibugyo virus in the Democratic Republic of the Congo and Uganda a public health emergency of international concern under the International Health Regulations. While the situation is serious, WHO has...

  • Nanobiotix And Johnson & Johnson Report Promising Phase 2 Results For JNJ-1900 In Stage III NSCLC May 17, 2026 10:39 ET

    Nanobiotix (NBTX) announced the presentation of Part 1 data from the Johnson & Johnson-sponsored CONVERGE study, a randomized Phase 2 clinical trial evaluating the potential first-in-class Nanoradioenhancer JNJ-1900 (NBTXR3) for patients with stage III inoperable non-small cell lung cancer (NSCLC), at...

  • Regeneron's Phase 3 Melanoma Trial Shows Numeric PFS Benefit But Misses Statistical Significance May 17, 2026 01:58 ET

    Regeneron Pharmaceuticals Inc. (REGN) announced results from its Phase 3 trial evaluating two dose levels of fianlimab, a LAG-3 inhibitor, in combination with cemiplimab, a PD-1 inhibitor, as a first-line treatment for patients with unresectable locally advanced or metastatic melanoma. The study did...

  • Samsung Electronics, Union To Resume Mediated Pay Talks Amid Bonus Dispute May 17, 2026 01:18 ET

    Samsung Electronics (SSNLF, 005930.KS,SMSN.L,005935.KS) and its South Korean labour union are set to resume pay negotiations on Monday, with a government mediator stepping in to facilitate the talks, according to multiple media reports. Chairman Lee Jae-yong of Samsung Electronics reportedly issued...

  • ASML, Tata Electronics Partner To Boost Semiconductor Manufacturing Ecosystem In India May 16, 2026 13:49 ET

    Tata Electronics and ASML (ASML)announced the signing of a Memorandum of Understanding to strengthen India's semiconductor manufacturing ecosystem. Under partnership, ASML will support the establishment of Tata Electronics' 300 mm fab in Dholera, Gujarat. The partnership strengthens India-Netherlands...

  • Ipsen : Corabotase Data Demonstrate Rapid, Durable Efficacy In Glabellar Lines May 16, 2026 10:11 ET

    Ipsen SA (IPN.PA, IPSEY) presented the first corabotase data (n=183) for moderate-to- severe glabellar lines at the 2026 Scale Symposium in Nashville, TN. Corabotase is Ipsen's first-in-class recombinant neuroinhibitor, RNITM. In the trial, at Week 4, 66% of patients treated with corabotase (50ng)...

  • NVent Electric Board Approves $500 Mln Share Repurchase Program May 16, 2026 09:40 ET

    nVent Electric plc (NVT) announced that its board has approved a 3-year share repurchase program pursuant to which the company may repurchase up to $500 million of nVent shares effective on July 23, 2026. The program is in addition to nVents existing authorization approved in July 2024, which expires...

  • Profit Taking, Treasury Yield Spike Leads To Sharp Pullback On Wall Street May 15, 2026 16:17 ET

    Following the strength seen in the previous session, stocks pulled back sharply over the course of the trading day on Friday. The major averages all showed significant moves to the downside on the day. The major averages finished the day off their lows of the session but still firmly negative.

  • U.S. Stocks Pulling Back Sharply On Profit Taking, Treasury Yield Spike May 15, 2026 11:50 ET

    Stocks have moved sharply lower during trading on Friday, giving back ground following the strength seen in the previous session. The major averages have all shown notable moves to the downside on the day. The sell-off on Wall Street may partly reflect profit taking following recent strength in the markets, which lifted the Nasdaq and S&P 500 to record highs.

  • Foresight Financial Group To Buy Back Up To $5 Mln Of Common Stock May 15, 2026 11:41 ET

    Foresight Financial Group, Inc. (FGFH) Friday announced a Board approval to repurchase up to $5 million of its common stock, which will remain in effect until June 30, 2027. The bank holding company headquartered in Illinois adopted a trading plan under the Rule 10b5-1 Plan, and accordingly third-party...

  • US Attacks Crippled Iran's Military, CENTCOM Chief Tells Senate Panel May 15, 2026 10:33 ET

    The head of the U.S. Central Command has told a Congressional panel that the American military forces have crippled Iran's military and its ability to project power with lethal strikes during the Middle East war. Adm. Brad Cooper, CENTCOM commander, testified before the Senate Armed Services Committee in Washington as part of hearings related to force posture in the region and the command's porti

  • Salmonella Outbreaks Linked To Backyard Poultry Sickens 150 More May 15, 2026 10:26 ET

    Salmonella outbreaks linked to backyard poultry across 18 new states in the U.S. have sickened 150 more people. With this, the total count of infections rose to to 184, Centers for Disease Control and Prevention said. This includes 53 hospitalizations and one death in a person from Washington state. Over...

  • U.S. Industrial Production Increases 0.7% In April, Much More Than Expected May 15, 2026 10:17 ET

    The Federal Reserve released a report on Friday showing industrial production in the U.S. rebounded by much more than anticipated in the month of April. The report said industrial production climbed by 0.7 percent in April after falling by a revised 0.3 percent in March. Economists had expected industrial production to rise by 0.3 percent.

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.

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