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  • Rheinmetall Q1 Earnings Rise, Sees Stronger Growth In Q2; Confirms FY26 Outlook May 07, 2026 01:57 ET

    Rheinmetall AG (RNMBF.PK), a German automotive and arms manufacturer, reported Thursday higher earnings and operating margin in its first quarter with increased revenues. Looking ahead, Armin Papperger, CEO of Rheinmetall, stated, "For the second quarter of 2026 in particular, we expect stronger growth...

  • Orica H1 Loss Narrows; Raises Dividend May 07, 2026 01:49 ET

    Orica Limited (ORI.AX) reported lower loss for the first half, despite a marginal decline in revenue. Net loss after tax narrowed to $0.6 million, compared with a loss of $89.0 million in the corresponding period last year. The company posted a net profit of $283.1 million before individually significant...

  • Vonovia Q1 Adj. Profit Declines May 07, 2026 01:45 ET

    Vonovia SE (VNA.DE) reported first quarter net income to shareholders from continuing operations was 210.5 million euros compared to 482.0 million euros, previous year. Earnings per share from continuing operations was 0.25 euros compared to 0.59 euros. Adjusted EBITDA from continuing operations increased...

  • Onterris Expects Q2 Revenue To Drop, Backs Annual Guidance May 07, 2026 01:45 ET

    Onterris, Inc. (ONT), an environmental solutions company, said that it expects a decline in revenue for the second quarter. In addition, the company has reaffirmed its outlook for the full year. For the second quarter of fiscal 2026, the company expects revenue of $190 million to $210 million. Adjusted...

  • Lanxess Q1 Loss Widens, Sales Down; Sees Sequentially Higher Adj. EBITDA In Q2; Backs FY26 Outlook May 07, 2026 01:32 ET

    German specialty chemicals company Lanxess AG (LNXSF.PK) reported Thursday wider net loss and weak adjusted EBITDA in its first quarter, hurt by lower revenues. The company noted that a persistently weak economic environment, ongoing geopolitical uncertainties and prior year's portfolio divestments impacted...

  • Zealand Pharma Launches $200 Mln Share Buyback Program May 07, 2026 01:28 ET

    Zealand Pharma A/S (ZEAL.CO, ZLDPF) announced on Thursday the launch of a share buyback program of up to $200 million, or DKK 1.3 billion. The company said the program reflects its intention to return capital to shareholders while continuing to invest in its metabolic health pipeline and research...

  • Swiss Re Q1 Profit Climbs, Insurance Revenue Drops May 07, 2026 01:16 ET

    Reinsurer Swiss Re Ltd. (SSREY.PK) reported Thursday higher profit in its first quarter, despite weak insurance revenues. The company attributed the profit growth to increased contributions from all Business Units, supported by low natural catastrophe experience and a strong investment contribution. In...

  • Costco Wholesale April Comps. Up 11.6% May 07, 2026 01:06 ET

    Costco Wholesale Corporation (COST) reported net sales of $23.92 billion for the retail month of April, the four weeks ended May 3, 2026, an increase of 13.0 percent from $21.18 billion last year. Total Company Comparable sales for the 4-weeks ended May 3, 2026, were up 11.6%. Total Company Comparable...

  • StarHub Q1 Profit, Revenues Down May 07, 2026 00:53 ET

    StarHub Ltd (SRHBF) reported Thursday sharply lower profit in its first quarter, hurt by higher costs and weak revenues. In the first quarter, net profit attributable to shareholders fell 81.3 percent to S$5.9 million from last year's S$31.8 million. EBITDA dropped 22.5 percent to S$77.7 million...

  • Campari Group Q1 Organic Topline Growth At 2.9%; Confirms 2026 Guidance May 07, 2026 00:15 ET

    Davide Campari-Milano (CPR.MI) reported first quarter net sales of 643 million euros, declining by 3.4% on a reported basis. The company registered 2.9% organic topline growth in first quarter, reflecting broad based growth across brand houses and regions with 18 countries in growth, including core ones,...

  • Tenaris Q1 Net Income Rises; Appoints Gabriel Podskubka As CEO May 07, 2026 00:02 ET

    Tenaris S.A. (TS) reported first quarter shareholders' net income of $541 million compared to $507 million, last year. Earnings per share was $0.54 compared to $0.47. Earnings per ADS was $1.07 compared to $0.94. Net sales increased to $3.10 billion from $2.92 billion. Tenaris S.A. also announced...

Global Economics Weekly Update - May 04 – May 08, 2026

May 08, 2026 15:50 ET
Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.

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