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News Digest /
Lukas Schmidt
Author: Lukas Schmidt
08:40am, Tuesday, May 19, 2026
Berkshire Hathaway has raised its holding in Sumitomo Corporation to 10.3%, up from 9.29%, marking a notable move through its subsidiary National Indemnity Company as reported in Japan's Finance Ministry filings.
07:50am, Tuesday, May 19, 2026
Lagercrantz Group stock jumps over 7% after surpassing analyst profit expectations and setting ambitious long-term growth goals, pushing shares to a new 52-week high amid a quiet broader market.
04:25am, Tuesday, May 19, 2026
SAP shares climbed 5% in Germany as the European software sector gathered steam. Gains were widespread among major software players, while some semiconductor firms faced declines.
04:23am, Tuesday, May 19, 2026
Shares of Evolution soared over 10% after the online casino gaming firm unveiled a hefty €2 billion share repurchase program backed by a €300 million revolving credit facility, marking one of Sweden's largest buybacks.
04:20am, Tuesday, May 19, 2026
Oil prices declined sharply as President Donald Trump postponed a scheduled military attack on Iran, signaling a potential diplomatic window amid heightened Middle East tensions impacting global supply routes.
03:49am, Tuesday, May 19, 2026
Caturus secures nearly $10B to build a major LNG facility in Louisiana with significant backing from Mubadala Energy and CPP Investments. The 9.5 million ton per year plant targets 2030 operations amid global supply disruptions.
05:11am, Monday, May 18, 2026
India's Delhi High Court directs Apple to fully cooperate with antitrust probe over iPhone app market practices, denying the company's plea to pause the case despite pending legal challenges to penalty laws.
04:47am, Monday, May 18, 2026
Samsung Electronics and its union engage in urgent negotiations to prevent an imminent strike by 45,000 workers, a move that could disrupt global chip supply chains and impact South Korea's economy.
04:10am, Monday, May 18, 2026
Anglo American is set to offload its Australian steelmaking coal operations to Indonesia's Dhilmar Ltd for up to $3.875 billion, aiming to reduce debt and focus on copper and critical minerals ahead of a merger with Teck Resources.
04:01am, Monday, May 18, 2026
Thyssenkrupp plans to close its Terre Haute, Indiana automotive plant by March 2027, shifting chassis operations to Hamilton, Ohio. Approximately 320 jobs impacted amid broader automotive unit restructuring.
03:50am, Monday, May 18, 2026
Bitcoin slid under $77,000 as climbing oil prices and surging U.S. Treasury yields spooked risk assets. Rising inflation concerns and geopolitical tensions around Iran are adding pressure across crypto and broader markets.
03:33am, Monday, May 18, 2026
Anthropic plans a briefing for the Financial Stability Board on the cyber vulnerabilities uncovered by its Mythos AI model, highlighting concerns over global financial system security.
03:31am, Monday, May 18, 2026
The Iran conflict has already inflicted a $25 billion cost on global businesses through soaring energy prices and disrupted supply chains, with major companies revealing ongoing financial strain as the war drags on.
03:29am, Monday, May 18, 2026
Oil climbed to a two-week high amid escalating Middle East tensions after drone attacks targeted the UAE's Barakah nuclear plant, pushing Brent crude above $111 and WTI near $108 per barrel.