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  • Costain Selected By TfL To Be Part Of GBP 700 Mln Transport For London Framework June 09, 2026 03:15 ET

    Costain Group PLC (COST.L) announced on Tuesday that it has been selected by Transport for London or TfL as one of the three contractors of its Infrastructure Improvement Framework to upgrade London's transport network. The framework is worth approximately 700 million pounds in total. Projects under...

  • ASE Technology May Revenue Jumps 28.6% June 09, 2026 03:15 ET

    ASE Technology Holding Co., Ltd. (ASX) on Tuesday reported consolidated revenue of NT$63.033 billion for May 2026, up 28.6% from NT$49.027 billion a year earlier and 1.3% higher than NT$62.247 billion in April. Revenue from the company's ATM assembly, testing and material business increased 37.9%...

  • RELX Announces GBP 200 Mln Non-Discretionary Share Buyback Programme From June 9 June 09, 2026 03:08 ET

    RELX PLC (RELX, RELXXF, REL.L, REN.AS) Tuesday announced a 200 million pounds non-discretionary share buyback programme that will run from June 9 to June 26, 2026. This follows the completion of a 150 million pounds share buyback programme on June 8. The information and analytics company said that...

  • Besterra Co Ltd Bottom Line Climbs In Q1 June 09, 2026 02:56 ET

    Besterra Co Ltd (1433.T) announced a profit for its first quarter that Increased, from last year The company's earnings totaled JPY259 million, or JPY29.33 per share. This compares with JPY144 million, or JPY16.34 per share, last year. The company's revenue for the period rose 29.3% to JPY3.273...

  • Morozoff Ltd Reports Retreat In Q1 Bottom Line June 09, 2026 02:44 ET

    Morozoff Ltd (2217.T) reported earnings for first quarter that Dropped, from the same period last year The company's bottom line totaled JPY183 million, or JPY9.12 per share. This compares with JPY264 million, or JPY13.06 per share, last year. The company's revenue for the period rose 1.7% to...

  • ABC, Meta Launch $115 Mln Program To Train Data Center Construction Workers June 09, 2026 02:37 ET

    U.S. construction trade group Associated Builders and Contractors or ABC announced that it has partnered with Facebook-parent Meta Platforms, Inc. (META) to launch a $115 million workforce training program aimed at addressing a shortage of data center construction technicians in the United States. The...

  • Taylor Wimpey Director Clodagh Moriarty To Step Down From Board; Joins Dunelm As CEO June 09, 2026 02:36 ET

    Taylor Wimpey plc (TW.L, TWODY), a homebuilder, on Tuesday announced that independent Non-Executive Director Clodagh Moriarty intends to step down from the board. Moriarty said she is leaving the board to focus on her role as Chief Executive Officer of Dunelm Group plc (DNLM.L). The company said...

  • GSK To Acquire Nuvalent For $124/shr; To Be Accretive To Core EPS In 2029 June 09, 2026 02:29 ET

    GSK plc (GSK, GSK.L) has entered an agreement to acquire Nuvalent, Inc. (NUVL), a clinical-stage biopharmaceutical company focused on creating precisely targeted oncology therapies, for $10.6 billion. The company noted that the acquisition includes three products in lung cancer in a single transaction....

  • Apple Unveils New Child Safety And Parental Control Features June 09, 2026 02:13 ET

    Apple Inc. (AAPL) announced a range of new child safety and parental control features that will roll out with its software updates this fall, expanding the tools available to help parents manage their children's online activities. The updates include a simplified child account setup process, a new...

  • NIO Objects To U.S. Department Of Defense Listing As "Chinese Military Company" June 09, 2026 02:02 ET

    NIO Inc. (NIO), a Chinese electric vehicle manufacturer, on Tuesday called the decision by the U.S. Department of Defense to add the firm to "Chinese Military Companies" list unjustified. The company claimed that it is not a Chinese military company or a military-civil fusion contributor to the Chinese...

  • Alibaba Denies CMC Status, Confirms Business Continuity June 09, 2026 01:53 ET

    Alibaba Group Holding Ltd. (BABA, 9988.HK), an e-commerce and technology company, on Monday said the U.S. Department of Defense has included the company on its list of Chinese Military Companies. The company said it believes the inclusion is a mistake and that there is no basis to conclude Alibaba...

  • Dutch Authority Blocks Glaspoort Acquisition, KPN To Review Decision June 09, 2026 01:45 ET

    Koninklijke KPN N.V. (KPN.AS, KKPNY, KPN), a Dutch telecommunications and IT provider, responded to the decision by the Dutch Authority for Consumers and Markets or ACM to prohibit Glaspoort's proposed acquisition of about 200,000 fiber-to-the-home connections from DELTA Fiber. KPN said it regrets...

  • Snow Rothschild Acquisition Corp Announces $200 Mln IPO Pricing At $10/unit June 09, 2026 01:38 ET

    Snow Rothschild Acquisition Corp. (ISNRU) recently announced the pricing of its Initial Public Offering or IPO of 20 million units at $10.00 per unit. Each unit consists of one Class A ordinary share and one-half of a redeemable warrant, with each whole warrant exercisable for one Class A share fixed...

  • Air Canada Strengthens Verification Procedure Following Pilot Licence Issue June 09, 2026 01:36 ET

    Air Canada (AC.TO) said it has strengthened its licence verification procedures after Transport Canada imposed a monetary penalty on a former pilot who lacked the required certification to serve as a captain. According to the company, the former pilot held a valid Commercial Pilot Licence but lacked...

  • Baidu: U.S. Government Procurement Limitations Tied To CMC List To Have No Impact On Business June 09, 2026 01:27 ET

    Baidu, Inc. (BIDU) said the the Deputy Secretary of Defense in the U.S. has included Baidu on the Department of Defense's list of Chinese Military Companies, or the CMC List. Baidu believes there is no justification for its inclusion on such list as the company is neither a Chinese military company nor...

Global Economics Weekly Update - Jun 01 - Jun 05, 2026

June 05, 2026 16:18 ET
A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.

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