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today's top stories

  • European Shares Seen Mixed As Traders Weigh Fragile Iran-Israel Ceasefire June 09, 2026 01:37 ET

    European stocks are seen opening mixed on Tuesday as traders weigh a fragile ceasefire between Israel and Iran and look forward to upcoming ECB policy decision later this week for direction. Geopolitical concerns eased somewhat after Israel and Iran agreed to halt attacks against each other following...

  • Top Biotech Gainers: TNGX Hits New High, ALVO Moves Closer To FDA Approval, ZVRA, IDYA Turn Heads June 08, 2026 22:41 ET

    Today's top gainers include Tango Therapeutics, following encouraging pancreatic cancer trial data; Aspire Biopharma, ahead of upcoming milestones; Alvotech, after FDA acceptance of its interchangeable biosimilar to Entyvio for review; and Zevra Therapeutics, on actions strengthening exclusivity for MIPLYFFA, among others.

  • Amazon Signs Multibillion-Dollar Fiber Deal With Corning To Expand AI Data Center Network June 08, 2026 17:55 ET

    Amazon.com Inc. (AMZN) has struck a deal to buy billions of dollars' worth of optical fiber from Corning Incorporated over the coming years, all to back the fast growth of its U.S. data center infrastructure.

  • U.S. Stocks Give Back Ground After Early Rebound But Close Mostly Higher June 08, 2026 16:23 ET

    Stocks showed a strong move back to the upside in early trading on Monday following Friday's sell-off but gave back ground over the course of the sessions. The major averages pulled back well off their highs of the session, with the Dow dipping into negative territory.

  • Lavazza Brings Tablì Espresso Tablets To U.S., Challenging Single-Serve Coffee Outlets June 08, 2026 16:22 ET

    Italian coffee brand Lavazza is making its mark in the U.S. with Tablì, a new single-serve coffee system featuring compressed coffee tablets made entirely from ground coffee. This product was first introduced in Italy last year and is set to officially launch in the U.S. this coming August.

  • UAL CEO Says No Major U.S. Airline Mergers Expected After American Rebuffs Deal Idea June 08, 2026 16:17 ET

    United Airlines Holdings, Inc. (UAL) CEO Scott Kirby believes we won't see any major mergers among U.S. airlines anytime soon.

  • Apple Unveils Siri AI June 08, 2026 16:07 ET

    Tech giant Apple Inc. (AAPL) on Monday unveiled Siri AI, a completely redesigned version of Siri powered by Apple Intelligence. The new assistant is available for developer testing immediately and will be released as a beta later this year. Apple said Siri AI can understand personal context across...

  • Chinese Researchers Successfully Transplant Two Pig Kidneys And A Liver Into A Human Body June 08, 2026 14:19 ET

    Chinese researchers have carried out the world's first transplant of two pig kidneys and a pig liver into a 53-year-old brain-dead man at the same time, marking an important step forward in xenotransplantation. The surgery was conducted at the Second Affiliated Hospital of Guangxi Medical University...

  • Africa CDC And WHO Launch $518 Million Plan To Fight Ebola Outbreak Across Africa June 08, 2026 13:20 ET

    The Africa Centres for Disease Control and Prevention (Africa CDC) and the World Health Organization (WHO) have launched a joint plan to help African countries prepare for and respond to the ongoing Ebola outbreak caused by the Bundibugyo virus. The joint initiative comes as authorities in the Democratic...

  • U.S. Stocks Regaining Ground Following Last Friday's Sell-Off June 08, 2026 11:19 ET

    Stocks have moved mostly higher during trading on Monday, regaining ground following the sell-off seen last Friday. The major averages have all moved back to the upside, with the tech-heavy Nasdaq leading the rebound. Currently, the Nasdaq and S&P 500 are just off their highs of the session, while the narrower Dow is posting a more modest gain.

  • Bargain Hunting May Contribute To Initial Strength On Wall Street June 08, 2026 08:54 ET

    Following the sell-off seen during last Friday's session, stocks may move back to the upside in early trading on Monday. The major index futures are currently pointing to a higher open for the markets, with the S&P 500 futures up by 0.8 percent. Bargain hunting may contribute to initial strength on...

  • Germany Factory Orders Fall More Than Forecast June 08, 2026 08:13 ET

    Germany's factory orders declined more than expected in April as frontloading effects diminished, data from Destatis revealed Monday. Factory orders logged a monthly fall of 3.8 percent in April, in contrast to the revised 4.5 percent increase in March and 1.6 percent rise in February. This was the first decline since January, when orders were down 11.5 percent.

  • Wall Street Aims To Bounce Back June 08, 2026 08:10 ET

    Initial cues from the U.S. Futures Index suggest that Wall Street might open positive on Monday. Asian shares finished lower, while European shares are trading mixed. The dollar scaled higher. In the Asian trading session, oil prices jumped more than 4 percent. Brent crude futures for August...

  • Satellites Reveal Aquifer Decline In Brazilian Breadbasket June 08, 2026 07:54 ET

    A collaboration of scientists from NASA and Brazilian research institutions has produced a detailed picture of groundwater change across Brazil. The images reveal significant declines in some of the aquifers that are critical to one of the world's largest agricultural producers. In the study, published...

  • European Leaders Call On Putin To Agree To Immediate Ceasefire June 08, 2026 07:50 ET

    Ukraine President Volodymyr Zelensky and the leaders of three European major powers have called on Russian President Putin to agree to an immediate and complete ceasefire. UK Prime Minister Keir Starmer, French President Emmanuel Macron and German Chancellor Friedrich Merz met with President Zelensky in London to reiterate their unwavering support for Ukraine in its defense against Russia's inva

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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