Geopolitical tensions continue to worry investor sentiments on Wednesday. Early signs from the U.S. Futures Index suggest that Wall Street might open slightly up on Wednesday. Oil prices traded sharply lower, while Brent crude futures for August delivery slumped 3.6 percent to $93.22 a barrel. Gold...
The World Food Program has deplored a Russian attack on a warehouse in Ukraine's Dnipro, that destroyed "a significant quantity" of food aid destined for thousands in frontline areas. "Absolutely unacceptable," WFP chief Cindy McCain wrote on X Tuesday, a day after the airstrike. "These deliberate...
Europe's new car registrations grew at a slower pace in April amid heightened geopolitical risks, data from the European Automobile Manufacturers' Association, or ACEA, showed Wednesday. New car registrations grew 5.1 percent year-on-year in April, slower than the 12.5 percent increase in March.
European stocks edged up in cautious trade on Wednesday despite heightened inflation concerns and expectations that major central banks could raise borrowing costs soon. In geopolitical news, media reports suggest that the release of frozen Iranian assets has emerged as the main sticking point in...
Apogee Therapeutics, Inc. (APGE) on Wednesday announced a financing partnership with Blackstone Life Sciences that could provide up to $1.3 billion in non-dilutive capital to help advance and potentially commercialize its lead drug candidate, zumilokibart. The deal includes as much as $800 million...
ARC Minerals Ltd (ARCM.L) on Wednesday said it has signed a settlement agreement resolving all outstanding litigation in Zambia related to its exploration assets. The company said that the agreement between Arc Minerals, Handa Resources Limited, Unico Minerals Limited and Kopara Investments Limited...
Samsung Electronics Co. Ltd. (SSNLF) on Wednesday said it has signed its 2026 wage agreement with the Samsung Electronics Labor Union Joint Negotiation Team after union members approved the deal in a vote. Samsung Electronics and the union had reached a tentative agreement on May 20, a day before...
French consumer confidence fell to the lowest in more than three years in May, survey data from the statistical office INSEE showed Wednesday. The consumer sentiment index dropped more-than-expected to 82 in May from 84 in the previous month. This was the lowest since March 2023. The survey showed that the proportion of households believing it is a good time to make major purchases fell sharply.
The Reserve Bank of New Zealand maintained its benchmark interest rate on Wednesday and signalled rate hikes at coming meetings. The Monetary Policy Committee, governed by Anna Breman, voted to hold the Official Cash Rate at 2.25 percent. The bank has lowered its benchmark rate by 325 basis points since August 2024, bringing it to the lowest since mid-2022.
The UK is set to sign a new defense and security treaty with Poland to protect British borders, tackle organised crime, bolster collective defences and deepen cooperation with the European Union. UK Prime Minister Keir Starmer will host his Polish counterpart, Donald Tusk, in London Wednesday, as they prepare to sign the new agreement to strengthen defense cooperation in the face of increasing ho
The United States has signed agreements with three allied countries to enable them to procure counter-unmanned aerial system capabilities through the Joint Interagency Task Force 401 drone defense marketplace. Army Secretary Dan Driscoll signed agreements on behalf of the Pentagon with key leaders...
Russia has warned foreign nationals and diplomats to leave Kyiv "as soon as possible" ahead of an imminent attack on the Ukrainian capital. In a statement issued on Tuesday, Russia's foreign ministry said the new round of "systematic strikes" will target "decision-making centres and command posts", alongside drone manufacturing facilities in the city. Kyiv residents have been warned against stay
Asian stocks ended mixed on Wednesday, with Chinese and Hong Kong markets declining after China punished three brokerages for offering mainland investors access to overseas stocks without licenses. Positive sentiment prevailed elsewhere across Asia amid a surge in technology stocks and easing geopolitical...
European stocks are seen opening a tad higher on Wednesday, even as London's FTSE 100 may open in the red as oil prices declined on improved prospects of a U.S.-Iran deal. Brent crude futures fell below $98 a barrel after reports emerged that some LNG tankers have passed through the Strait of Hormuz...
Kuaishou Technology (5Y0.F, 1024.HK), a Chinese technology company, reported on Wednesday lower profit for the first quarter of 2026, attributable to higher expenses, particularly in Research & Development and marketing. However, revenues increased from last year. The net profit for the period attributable...
U.K. stocks turned in a mixed performance Wednesday morning with investors assessing Middle East news and hoping for a peace deal between the United States and Iran sometime soon.
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.
A broadly negative sentiment prevails in the cryptocurrency markets amidst the exodus of funds from U.S.-listed Bitcoin Spot ETF products.
The May FDA calendar appears relatively light. The upcoming regulatory milestones include a potential label expansion of argenx SE's VYVGART, and an additional indication for Daiichi Sankyo Company and AstraZeneca plc's cancer therapy Enhertu, among others.
Consumer confidence in the U.S. saw a modest deterioration in the month of May, according to a report released by the Conference Board on Tuesday. The Conference Board said its consumer confidence index dipped to 93.1 in May from an upwardly revised 93.8 in April. Economists had expected the consumer confidence index to edge down to 92.0 from the 92.8 originally reported for the previous month.
Singapore's economic growth forecast for this year was maintained, citing better-than-expected expansion in the first quarter, the Ministry of Trade and Industry said Monday. The ministry forecast the economy to grow in the range of 2.0 percent to 4.0 percent this year.
A reading on leading U.S. economic indicators unexpectedly edged slightly higher in the month of April, according to a report released by the Conference Board on Friday. The Conference Board said its leading economic index crept up by 0.1 percent in April after falling by 0.6 percent. Economists had expected the index to dip by 0.3 percent.
As a deadly Ebola strain continues to spread in the Democratic Republic of the Congo, with cases confirmed in neighbouring Uganda, the UN aviation agency is urging governments and flight operators to closely follow guidelines put in place following the Covid-19 pandemic. The outbreak of the Bundibugyo...
A new study from Sweden, published by the American Medical Association, has found that a single dose of psilocybin, combined with therapy sessions, can quickly reduce symptoms of depression, with benefits lasting for several months. Researchers from Karolinska Institutet and the Brain Stimulation...
Researchers have found that adding bananas to berry smoothies may greatly reduce the body's ability to absorb flavanols, healthy plant compounds linked to better heart and brain health. In a study published in the journal Food & Function, researchers tested smoothies made with ingredients containing...
The World Health Organization says the Ebola epidemic is spreading rapidly and outpacing containment efforts. There are more than 900 suspected cases of the Bundibugyo strain of Ebola in the Democratic Republic of the Congo, and 220 suspected deaths, the head of the UN health agency, Tedros Ghebreyesus,...
Logitech has launched its Signature Comfort Plus Series, which includes the MK880 keyboard and two wireless mouse devices tailored for individuals who spend lengthy hours juggling between devices.
Ferrari N.V (2FE.DE) revealed its first all-electric car, the Luce, in a bold move into the luxury EV market, even as demand for high-end electric sports cars has recently dipped.
Activision Blizzard shareholders have secured a $250 million settlement tied to claims that Microsoft and some former Activision executives shortchanged investors during Microsoft's 2023 acquisition of the video game publisher.
Shein, the chinese ultra-fast fashion giant, has struck a deal to take a majority stake in Everlane, which is quite a change for a brand known for its commitment to ethical production and "radical transparency."