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  • Fermi Inc. Names Rob Masson II Interim CFO April 30, 2026 05:29 ET

    Fermi Inc., d/b/a Fermi America (FRMI, FRMI.L), a developer of next-generation private electric grids, announced Thursday the appointment of Rob Masson II as Interim Chief Financial Officer. Masson, with over two decades of financial leadership and capital strategy experience, most recently served...

  • Group 1 Automotive Earnings Up In Q1 April 30, 2026 05:29 ET

    Group 1 Automotive, Inc. (GPI), a Fortune 250 automotive retailer, on Thursday reported higher net income in the first quarter compared with the previous year, driven by strong U.K. performance and higher aftersales margins in the U.S. The company said the income was partially offset by macroeconomic...

  • L3Harris Confidentially Submits Draft Filing For Missile Solutions IPO April 30, 2026 04:26 ET

    L3Harris Technologies (LHX), a Disruptor in defense tech, announced Thursday that it has confidentially filed a draft form S-1 with the U.S. Securities and Exchange Commission or SEC related to a proposed initial public offering of common stock in its Missile Solutions business. Terms of the offering,...

  • EBOS Group Sees Capex Declining From FY27; Targets Mid-Single-Digit EBITDA Growth Over Medium-Term April 30, 2026 04:13 ET

    EBOS Group Limited (EBO.AX), which markets and distributes healthcare, medical, pharmaceutical and animal care products in Australia, on Thursday outlined its strategy, growth plans and capital priorities at an Investor Day in Sydney. Over the next three years, the company expects capital expenditure...

  • F&F Q1 Operating Income Rises April 30, 2026 03:57 ET

    F&F (383220.KS) reported that its first quarter net income attributable to shareholders of the parent company was 197.56 billion won, a 138.0% increase from 83.01 billion won in the prior year period. Operating income was 153.48 billion won, an increase of 24.2% year-over-year from 123.62 billion won. First...

  • United Utilities FY26 Profit Surges, Lifts Dividend; Sees Revenue Growth In FY27; Stock Gains April 30, 2026 03:41 ET

    United Utilities Group PLC (UU.L), a provider of water and wastewater services, reported Thursday significantly higher profit in fiscal 2026, with strong growth in revenues. Further, the firm lifted dividend. Looking ahead for fiscal 2027, the company projects revenue to increase to between 2.7 billion...

  • LG CNS Q1 Operating Income Rises April 30, 2026 03:27 ET

    LG CNS (064400.KS) reported first quarter net income attributable to shareholders of parent company of 80.47 billion Korean won compared to 56.8 billion won, a year ago. Operating income was 94.2 billion won, compared to 78.9 billion won, up 19.4%. First quarter sales were 1.31 trillion Korean won...

  • Samsung Heavy Industries Q1 Profit Rises On Sales Growth April 30, 2026 03:21 ET

    Samsung Heavy Industries Co., Ltd. (SMSHF, 010140.KS) reported Thursday higher profit and sales for its first quarter. In the first quarter, net income attributable to shareholders of parent company grew 10.3 percent to 101.6 billion Korean won from last year's 92.1 billion won. Operating income...

  • S-1 Earnings Up In Q1 April 30, 2026 03:18 ET

    S-1 Corp. (012750.KS), a South Korea-based provider of security and safety services, on Thursday reported higher net income in the first quarter of 2026 compared with the previous year. For the first quarter, net income attributable to shareholders of the parent company decreased to KRW 21.54 billion...

  • Whitbread FY26 Profit Down, Sees Positive Trading Momentum; Unveils New Five-Year Plan April 30, 2026 03:11 ET

    Whitbread PLC (WTB.L, WTBDY, WTBCF), a British hotel company, reported Thursday lower profit in fiscal 2026, amid nearly flat revenues. Further, the company maintained dividend. Looking ahead, the firm said, "Our forward booked position is ahead of last year and we continue to see positive trading...

  • PUMA CFO Markus Neubrand To Step Down; Appoints Mark Langer As Successor April 30, 2026 03:08 ET

    PUMA SE (PUM.DE), on Thursday, announced that Chief Financial Officer Markus Neubrand will step down from his role effective April 30 and appointed Mark Langer as CFO and Member of the Management Board, effective May 1. Langer will be responsible for Finance, Tax, Legal, Investor Relations and Internal...

  • Everest Group Q1 Profit Surges April 30, 2026 02:58 ET

    Everest Group, Ltd. (EG), an insurance and reinsurance provider, reported a surge in its profit for the first quarter, but with a slight decline in its revenues. The company's net earnings reached $653 million, significantly higher than last year's $210 million. Earnings per share surged to $16.21...

  • Hanon Systems Q1 Operating Income Rises April 30, 2026 02:57 ET

    Hanon Systems (018880.KS) reported first quarter net income attributable to shareholders of parent company of 66.6 billion Korean won compared to a loss of 24.0 billion won, prior year. Operating income increased to 97.2 billion Korean won from 21.1 billion won, last year. First quarter sales were...

  • Unilever Q1 Turnover Drops, Underlying Sales Rise; Backs FY26 View, Begins EUR 1.5 Bln Buyback April 30, 2026 02:50 ET

    Consumer goods major Unilever Plc. (UL, ULVR.L) reported Thursday lower turnover in its first quarter mainly on negative currency impacts, while underlying sales increased from last year with growth in all segments and regions. Looking ahead for fiscal 2026, the company continues to expect underlying...

  • Posco Future M Earnings Decline In Q1; Shares Plunge April 30, 2026 02:31 ET

    Posco Future M Co., Ltd. (003670.KS), a South Korean advanced materials company and a key subsidiary of POSCO Holdings Inc. (PKX, 005490.KS), on Thursday reported lower net income in the first quarter of full year 2026 compared with the previous year. For the first quarter, net income attributable...

Global Economics Weekly Update: April 20 – April 24, 2026

April 24, 2026 15:15 ET
Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.