Clear Blue Technologies has expanded its business with a major European satellite provider, securing a multi-year supply agreement and a CA$500,000 co-development contract for Low Earth Orbit (LEO) power systems. The company expects over 1,000 units of its Pico-Plus product to be ordered by the end of 2026, targeting markets in Africa, Europe, Canada, and Southeast Asia. Additional initiatives include partnerships for military, IoT, Arctic sovereignty, and weather forecasting applications. Clear Blue's growth is supported by increased telecom activity in Africa, including a US$15 million funding boost for a customer expanding telecom infrastructure with smart power solutions.
During week 21 of 2026 (May 18-22), Sampo Oyj bought back a total of 1,911,568 of its own A-shares across multiple exchanges at a weighted average price of €9.21 per share. This buyback is part of a program authorized by the company's annual general ...
The PGIM Global High Yield Fund (GHY) provides investors with diversified exposure to below-investment-grade fixed income globally, including a 45% allocation to U.S. assets and over 900 holdings. It currently trades at a 7.3% discount, which is attr...
Schaeffler's stock rating is maintained at 'Hold' with a reduced price target of €4 per share due to ongoing structural and execution challenges. The company's e-mobility division continues to report significant negative EBIT margins, which offset pr...
Singapore reported April headline inflation at 1.8%, below the expected 2%, and core inflation at 1.4%, also under forecasts. The Monetary Authority of Singapore warned that imported cost pressures could rise due to energy and supply chain issues lin...
Gold and silver prices increased due to a weaker U.S. dollar and lower U.S. Treasury yields, driven by a drop in oil prices following eased tensions in the Strait of Hormuz. Spot gold rose over 1% to $4,560 and silver reached $78 per ounce. The decli...
