News Digest / Lukas Schmidt

Author: Lukas Schmidt

02:00am, Thursday, May 28, 2026
Airbus Defence's chief acknowledges current hurdles in the €100bn FCAS fighter jet project but confirms progress on key components like weapon systems networking and drone collaboration.

01:59am, Thursday, May 28, 2026
BP ousted its chairman Albert Manifold after multiple governance and conduct concerns emerged, causing a sharp decline in the company's shares amid ongoing leadership upheaval.

01:55am, Thursday, May 28, 2026
Capri Holdings, owner of Michael Kors, anticipates annual earnings surpassing analyst estimates thanks to strategic focus on full-price sales and appealing to affluent consumers. Shares tick modestly higher despite recent declines.

07:24am, Wednesday, May 27, 2026
SpaceX's recent Starship test marked a notable step forward for Elon Musk's $1.75 trillion IPO plans, showcasing progress despite unresolved hurdles in full rocket reusability and booster landings.

07:24am, Wednesday, May 27, 2026
AustralianSuper views a possible Glencore secondary listing on the ASX as beneficial for both the commodities giant and Australia's stock market, highlighting the market's mining expertise.

04:33am, Wednesday, May 27, 2026
A chemical tank rupture at Nippon Dynawave Packaging's Washington plant caused one fatality and multiple injuries. Rescue efforts continue amid concerns over tank instability at the Longview site.

04:16am, Wednesday, May 27, 2026
Despite crackdowns and looming US tariffs over intellectual property violations, counterfeit goods and piracy remain widespread in Vietnam's markets and online platforms, highlighting ongoing enforcement challenges.

04:01am, Wednesday, May 27, 2026
Oil gives back some recent gains amid cautious optimism over US-Iran negotiations after renewed regional tensions disrupted initial ceasefire progress near the Strait of Hormuz.

03:50am, Wednesday, May 27, 2026
Minneapolis Fed President Neel Kashkari stresses inflation risks amid Middle East tensions but refrains from pinpointing when the Federal Reserve might adjust interest rates next.

05:42am, Tuesday, May 26, 2026
Efforts to end the Iran war hinge on a proposed 14-point deal addressing ceasefire terms, the Strait of Hormuz naval blockade, sanctions relief, and nuclear program negotiations over 60 days.

05:38am, Tuesday, May 26, 2026
Shares of rocket and satellite companies soared in Tuesday's early trading, ignited by SpaceX's plans for a massive IPO. Key players like Redwire and Firefly Aerospace led gains, fueling sector momentum heading into the market open.

05:36am, Tuesday, May 26, 2026
Vnet Group reported first quarter revenue of 2.69 billion yuan, in line with expectations, alongside a 31% rise in adjusted EBITDA, reaffirming its 2026 growth forecasts.

05:35am, Tuesday, May 26, 2026
Miniso Group Holding Ltd posted first-quarter revenue of 5.69 billion yuan, surpassing estimates, though adjusted profits fell short amid slower store expansion and mixed brand performance.

05:34am, Tuesday, May 26, 2026
Elbit Systems shares jump nearly 8% after surpassing Q1 earnings expectations and securing a massive $1.4 billion military modernization deal in Europe, raising its order backlog to a record $30.2 billion.

04:08am, Tuesday, May 26, 2026
Lenovo's stock hits record levels following a sharp boost in quarterly revenue and profit, driven by booming AI server demand and a rebound in PC sales. The firm's AI segment now makes up a third of its income.