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US stock futures dip as Trump rejects Iran peace proposal; Moderna and Micron stocks gain.
US stock futures fell following President Trump's rejection of Iran's response to a US-backed peace proposal, causing geopolitical concerns. Meanwhile, Moderna shares rose over 8% on positive Phase 3 flu vaccine data, and Micron Technologies gained 2...
BTS Group to present Q1 2026 interim report on May 21 with live Q&A session
BTS Group AB, a global consultancy specializing in strategy execution and people development, will present its Q1 2026 interim report on May 21 at 08:00 am CEST. The presentation, led by CEO Jessica Skon and moderated by analyst Johan Sundén, will be...
Chinese crude oil imports drop 20% in April, easing pressure on global oil prices.
China's crude oil imports fell 20% month-over-month in April to 8.2 million barrels per day, the lowest in two years and nearly 30% below pre-war levels. This significant drop, equivalent to Japan's total daily oil consumption, may help ease the upwa...
Anaveon presents positive ANV600 cancer drug data at ASCO 2026, seeks partners for oncology assets.
Anaveon announced positive Phase 1 clinical data for its cancer drug ANV600, showing safety and early tumor shrinkage benefits, at the ASCO 2026 meeting. ANV600 targets PD-1 to boost immune response against tumors, including in resistant cases, and i...
China probes EV makers after owners report up to 125 miles lost range post-software updates.
Chinese authorities have launched an investigation into electric vehicle (EV) manufacturers after owners reported a loss of up to 125 miles (200 km) in driving range following software updates. The probe, triggered by complaints of battery degradatio...
Foreign investors hold a record $21.3T in US stocks, with equity allocation hitting 63%, surpassing the dot-com bubble peak.
Foreign investors have dramatically increased their holdings in US equities, now owning a record $21.3 trillion and allocating 63% of their portfolios to US stocks. This allocation surpasses the peak seen during the 2000 dot-com bubble by about 10 pe...
Investigation launched into RE/MAX merger over possible unfair shareholder treatment
Bleichmar Fonti & Auld LLP is investigating RE/MAX Holdings' board and chairman over potential breaches of fiduciary duties related to the pending merger with The Real Brokerage Inc. The probe questions whether the merger price undervalues RE/MAX and...
Gold demand in jewellery drops 23% as prices surge 16% in Q1 2026, reshaping engagement ring market.
In the first quarter of 2026, gold demand from the jewellery sector fell by over 23% due to a 16.2% surge in gold prices, which are now nearly 60% higher than a year ago. This price increase has pressured both manufacturers and consumers, leading to ...
PennyMac faces investigation for allegedly misleading investors on mortgage refinance recapture rates.
Securities law firm Bleichmar Fonti & Auld LLP is investigating PennyMac Financial Services for potential federal securities law violations related to its claims about mortgage refinance recapture rates. PennyMac had increased loan origination capaci...
ADMA Biologics faces securities fraud probe after 29% stock plunge over alleged channel stuffing.
ADMA Biologics is under investigation by Bleichmar Fonti & Auld LLP for allegedly inflating its 2025 revenue growth through channel stuffing, a practice where excess product was pushed to distributors to falsely boost sales figures. This claim surfac...