-- Biswas Sanjit, 10% Owner, Director and Chief Executive Officer, on April 28, 2026, sold 263,900 shares in Samsara (IOT) for $7,671,995. Following the Form 4 filing with the SEC, Biswas Sanjit has control over a total of 1,554,913 common shares of the company, with 693,157 shares held directly and 861,756 controlled indirectly.
SEC Filing:
Fitch on Thursday affirmed Vallourec's (VK.PA) BBB- long-term issuer default rating with a stable outlook.The French steel tubes manufacturer's ratings mirror its conservative financial policy, key production hubs and value-enhancing strategy, among others.The action also incorporates the company's strong position in the seamless tubes market, focus on value over volume, ongoing cost reduction and footprint optimization measures.
Japan's manufacturing sector expanded in April despite global oil woes, although some production was to build cautionary buffers and stockpiles, reported S&P Global on Friday.The nation's manufacturing purchasing managers index (PMI) rose to 55.1 in April, up from 51.6 in March, and striking further above the 50-mark that separates growth from contraction, reported S&P Global, citing its monthly survey.Some manufacturing sector managers noted "that concerns over future supply chain delays and price increases due to the war in the Middle East had led customers to place new orders," while factories also built up precautionary stockpiles in April, explained S&P Global.However, Japan's industry in April also participated in the global AI-boom. "There were also reports that higher sales had been supported by greater demand for AI-related technology," said S&P Global.Japan's manufacturers reported both rising costs and boosting prices for customers in April.Factory managers "frequently mentioned higher prices for raw materials, oil and transport in the latest survey period," said S&P Global. "To help ease pressure on margins, companies raised their selling prices."Japan's manufacturers also added to payrolls in April, at the fastest pace since early 2022.Despite strong demand, Japan's manufacturers were wary in April, citing geopolitics.Due to "uncertainty around the war in the Middle East and its impact on global economic conditions" survey respondent optimism regarding the one-year outlook slipped to its second-lowest level since June 2020, said S&P Global.The Japan manufacturing PMI was compiled by S&P Global from surveys received from 400 manufacturers from April 9 through April 23.
Asean economic ministers issued a warning in a joint statement on Friday that the prolonged disruptions in the Strait of Hormuz are intensifying volatility across global energy markets, raising risks for oil and liquefied natural gas supply flows into Asia, while fueling broader inflationary pressures.The Asean Economic Community Council noted that these disruptions pose "severe risks to global energy security, fuelling persistent volatility in oil and LNG prices, and sharply increasing freight, insurance, and logistics costs."While highlighting that 80% of the flows that moved through the Hormuz were destined for Asian markets, the ministers said that the cost of living was rising across the board, while impacting the livelihoods of millions, especially vulnerable and lower-income households.The bloc also noted a proposal from the Economic Research Institute for Asean and East Asia, a Jakarta-based think tank, to conduct a study on joint regional oil stockpiling to better deal with such disruptions in the future.