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  • Pets At Home FY26 Profit Down, Cuts Dividend, Plans GBP 50 Mln Buyback; To Meet FY27 Consensus May 27, 2026 03:03 ET

    Pets At Home Group Plc (PETS.L) Wednesday reported lower profit in fiscal 2026 with slightly lower revenues. In addition, the firm trimmed dividend, and announced further 50 million pounds share buyback, which will be completed over the next 12 months. Looking ahead for fiscal 2027, the company said...

  • Hafnia Q1 Earnings Up Amid Global Oil Market Disruptions May 27, 2026 02:44 ET

    Hafnia Ltd. (HAFN, HAFNI.OL), on Wednesday, reported higher net income in the first quarter compared with the previous year, despite major geopolitical disruptions in global oil markets and an estimated loss of 12.8 million barrels per day of oil supply. For the first quarter, net income increased...

  • HgT To Invest In Rightsline May 27, 2026 02:36 ET

    Rightsline announced a $500 million strategic growth investment from Hg. HgCapital Trust plc will invest approximately 11 million pounds in Rightsline, with other institutional clients of Hg investing alongside HgT through the Hg Mercury Fund. Hg's investment will accelerate Rightsline's product and...

  • AstraZeneca: FDA Extends PDUFA Date Related To NDA For Camizestrant May 27, 2026 02:23 ET

    AstraZeneca (AZN, AZN.L, ZEG.DE, AZN.ST) said the FDA has informed that it will extend the PDUFA date to review additional data requested to support the New Drug Application for camizestrant in combination with a cyclin-dependent kinase 4/6 inhibitor for the 1st-line treatment of patients with hormone...

  • Nissan Motor, Takayama Kasei To Launch TS-12, TS-20 Sound-insulating Sheets May 27, 2026 02:02 ET

    Nissan Motor Co. (7201.T) and Takayama Kasei announced the launch of TS-12 and TS-20, sound-insulating sheets for building applications made using calcium carbonate recovered from Nissan's vehicle paint shops. Nissan will supply the recovered calcium carbonate as a raw material, while Takayama will manufacture...

  • Endeavour Group Restructures Pinnacle Drinks Business; Shares Fall May 27, 2026 01:35 ET

    Endeavour Group Ltd. (EDVGF, EDV.AX), Australia's retail drinks and hospitality company, on Wednesday said it will restructure its Pinnacle Drinks business to focus on its best-selling wine brands and reduce costs. The company will cut its own grape production by more than 80%, with about 99% of...

  • Micron Technology Crosses $1 Tln Valuation Milestone May 26, 2026 12:35 ET

    Micron Technology (MU) shares jumped on Tuesday, and pushed the U.S. memory chipmaker past the $1 trillion market capitalization threshold. Today, the stock opened at $820.50 and climbed upto $891.27 and currently trading at $885.39, up 135.75 percent or 18.04 percent. The previous closing was at $751.00....

  • Spectral AI Stock Falls 12% Despite Winning FDA's De Novo Classification For Its DeepView System May 26, 2026 11:28 ET

    Shares of Spectral AI, Inc. (MDAI) are falling about 12 percent in Tuesday morning trading after the company announced that the U.S. Food and Drug Administration granted De Novo Classification for its DeepView System, which is used in burn care in various settings. The company's stock is currently...

  • Braiin Limited Stock Surges 106% Over Partnership With Switchcraft May 26, 2026 11:21 ET

    Stock of Braiin Limited (BRAI) is surging about 106 percent on Tuesday morning after it announced a strategic partnership with Switchcraft to integrate embedded utility and telecom switching capabilities across the company's expanding UK Living Infrastructure and PropTech ecosystem. The company's...

  • Vicor Stock Rises 13% After Raising Revenue Outlook For Q2 May 26, 2026 10:23 ET

    Stock of Vicor Corporation (VICR) is gaining about 13 percent in Tuesday morning trading after the company raised its revenue guidance for the second quarter in view of rising product revenues and royalties from an additional licensee to its patented power system technology. The company's shares are...

  • Outlook Therapeutics Stock Climbs 38% After Winning FDA Appeal For NAMD Therapy May 26, 2026 09:46 ET

    Shares of Outlook Therapeutics, Inc. (OTLK) are climbing about 38 percent in Tuesday morning trading after the company announced that the U.S. FDA has granted its appeal following completion of the Formal Dispute Resolution process for ONS-5010/LYTENAVA, its investigational therapy for neovascular age-related...

  • Sun Pharma To Present Long-Term Follow-up Data On UNLOXCYT May 26, 2026 09:44 ET

    Sun Pharmaceutical Industries Limited (SUNPHARMA) said it will share updated results from the locally advanced cutaneous squamous cell carcinoma expansion cohort from the CK-301-101 trial of UNLOXCYT At the ASCO 2026 Annual Meeting. In the investigator-reviewed data, 64 patients with laCSCC received...

  • Corbus Pharmaceuticals Announces Updated Data From CRB-701 Study, Stock Down In Pre-Market May 26, 2026 09:26 ET

    Tuesday, Corbus Pharmaceuticals Holdings, Inc. (CRBP) announced updated data from its Phase 1/2 clinical study of CRB-701 in patients with 2L oropharyngeal and cervical cancers. The data is derived from an April 1, 2026 data cut of the Phase 1/2 study with a total safety population of 317 patients...

  • Peloton Interactive Appoints Siddharth Thacker As CFO May 26, 2026 09:20 ET

    Peloton Interactive, Inc. (PTON), a provider of fitness and wellness products and services, announced Tuesday the appointment of Siddharth Thacker as Chief Financial Officer, effective June 22. Thacker will oversee the company's global finance organization and corporate strategy. Thacker joins...

  • Sunshine Silver Mining & Refining Launches IPO Of 20 Mln Shares At $13.50 - $16.50 Per Share Range May 26, 2026 09:04 ET

    Sunshine Silver Mining & Refining Co. (SSMR) announced Tuesday the launch of its initial public offering of 20 million common shares. The company said it expects to grant underwriters a 30-day option to purchase up to an additional 3 million shares. The initial public offering price is expected...

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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