TV Presenter & Finance EditorTV presenter and finance editor at Grafa, with a Master’s in Commerce from UWA and diverse industry experience in finance, insurance, and media.
Oil prices dropped sharply on Wednesday, recording their largest single-day decline in over a month. The selloff was triggered by comments from President Donald Trump indicating that the United States is close to finalizing a diplomatic agreement with Iran, alongside real-time maritime tracking data showing a tentative resumption of oil tanker traffic through the critical Strait of Hormuz.
Medtronic (NYSE:MDT) announced a definitive agreement to acquire SPR Therapeutics, a privately held medical technology company specializing in temporary peripheral nerve stimulation (PNS) therapies for chronic pain management.
Roivant Sciences (NASDAQ:ROIV) reported a return to profitability for its fourth fiscal quarter ended March 31, 2026, reversing a prior-year loss due to a substantial non-recurring gain stemming from the resolution of its global patent infringement dispute with Moderna.
The TJX Companies (NYSE:TJX), the off-price apparel and home fashions retailer globally, reported financial results for the first quarter of fiscal 2027 ended May 2, 2026.
ZIM Integrated Shipping Services (NYSE:ZIM) reported its financial results for the first quarter ended March 31, 2026, characterized by a contraction in top-line revenue and a swing to a net loss due to weaker global freight demand and lower volume metrics.
VF Corporation (NYSE:VFC) reported its financial results for the fourth quarter and full fiscal year ended March 28, 2026, marking a return to annual top-line growth alongside expanding profit margins and a strengthened balance sheet.
US Senator Cynthia Lummis has urged Congress to move quickly on digital asset legislation, warning that the United States could lose ground to China and Europe if lawmakers delay action.
Meta Platforms (NASDAQ:META) has commenced a fresh round of global layoffs, notifying thousands of employees of redundancies as the technology giant sharply reallocates its corporate resources toward artificial intelligence infrastructure and development.
Stellantis (NYSE:STLA) and China's Dongfeng Motor Group announced their intention to establish a new, Europe-based joint venture to manage the sales, distribution, and potential localized manufacturing of Dongfeng’s electric vehicles across the continent.
Donald Trump signed an executive order directing US financial regulators to review whether fintech and crypto firms face unnecessary barriers accessing Federal Reserve payment systems and banking partnerships.
