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Restaurant Brands Says Remains "On Track" for 8%-plus Organic Adjusted Operating Income Growth in 2026

Sinocare Recalls Glucose Monitors in US

Sinocare (SHE:300298) subsidiary Trividia Health is recalling TRUE METRIX series blood glucose monitoring systems following a U.S. Food and Drug urgent medical device correction.The issue involves an E-5 error code that displays for both extremely high blood glucose and test strip errors, potentially delaying treatment for severe hyperglycemia, according to a Wednesday filing with the Shenzhen bourse.Trividia has updated labeling and is offering free TRUENESS replacement systems to users.Sinocare has preliminarily accrued $9.7 million for recall costs.Shares of the medical device manufacturer closed 1% lower Wednesday.

SHE:300298

Mining & Metals55d ago

Cenovus Energy's Q1 Net Earnings Surge YoY on Higher Upstream Production

Cenovus Energy's (CVE.TO) net earnings for the first quarter jumped year over year as it achieved its highest-ever quarterly upstream production, the company said Wednesday.Net earnings were C$1.57 billion, or $0.83 per share, up from $859 million, or $0.47 per share. The result beat the earnings per share consensus estimate of $0.74 as compiled by FactSet.Revenues were $15 billion, a decline from $16.05 billion. The result exceeded the sales consensus estimate of $13.17 billion as compiled by FactSet.First-quarter results were driven by increases in benchmark crude oil prices, upstream production and refined product pricing, the company said.Total upstream production was 972,100 barrels of oil equivalent per day, rising from 818,900 BOE/d. Total downstream crude throughput was 458,500 barrels per day, a decrease from 665,400 bbls/d.Cenovus' board has approved a 10% increase in the quarterly base rate dividend to $0.22 per common share, starting in the second quarter. The dividend is payable on June 30 to shareholders of record as of June 15.

$CVE.TO

Mining & Metals55d ago

TELUS Digital Expanding in Asia-Pacific and Argentina to "Support Growing Demand for AI Data Services"

$T.TO

Asia55d ago

Henan Tong-Da Cable Secures 329 Million Yuan in State Grid Pre-Awards

Henan Tong-Da Cable (SHE:002560) was named a recommended winning candidate for four State Grid tenders totaling 328.7 million yuan.The pre-awards cover power cables, control cables and conductors, according to a Wednesday filing with the Shenzhen bourse.Shares of the wire maker closed 3% higher Wednesday.

SHE:002560

Asia55d ago

Chinese President Seeks Probe into Fatal Fireworks Factory Blast

Chinese President Xi Jinping called for an investigation into an explosion at a fireworks factory in Hunan that killed at least 26 people and injured 61 others.The blast took place at the Huasheng Fireworks Manufacturing and Display in Liuyang city, according to the Hunan provincial government.

Shanghai Composite^SZSE

Treasury55d ago

Commerzbank on Overnight News

Commerzbank in its "European Sunrise" note of Wednesday highlighted:Markets: United States Treasury futures edge higher, no cash trading given holiday in Japan. Equity futures are up, led by Nikkei. Yen (JPY) jumps; Euro (EUR) rises above US$1.173. Brent falls below US$108/barrel.Iran war: President Donald Trump pauses "Project Freedom" military operation to escort ships through the Strait of Hormuz, citing progress toward a deal with Iran. Secretary of State Marco Rubio says the goal is to set up a "bubble" in Hormuz for safe passage.Corporates: The Securities & Exchange Commission proposes allowing public companies to opt out of quarterly earnings reports.==EUROPE:ECB: European Central Bank Governing Council member Francois Villeroy de Galhau doesn't see sufficient signs for a rate hike. Adds that rates will be raised "if we see second-round effects."ECB is set to hike in June, then keep options open (MNI sources).France: President Emmanuel Macron nominates former adviser Emmanuel Moulin to head France's central bank.Germany: Prime Minister Friedrich Merz rules out the option of a minority government.==ASIA:China: RatingDog Services PMI rises 0.5pts to 52.6, while the consensus was 52.0.

$CXY$EUR$JPY

Equities55d ago

Georgina Energy Terminates Acquisition Deal With Central Petroleum

Georgina Energy (GEX.L) and Central Petroleum Ltd. terminated their November 2025 share purchase agreement, according to a Wednesday filing.Central Petroleum sought to exercise its right to terminate the deal, which covers Georgina Energy's acquisition of certain of its subsidiaries, after the companies failed to agree on the proposed amendments to the contract.The helium and hydrogen exploration company said it will continue to pursue its strategic objectives and will provide further updates in due course.

$GEX.L

Mining & Metals55d ago

Earnings Flash (L.TO) Loblaw Reports Q1 Revenue $14.48B, Vs FactSet Consensus Forecast $14.566.8B

$L.TO

Research55d ago

Deutsche Bank Upgrades DaVita to Buy From Hold, Raises Price Target to $220 From $126

DaVita (DVA) has an average rating of hold and mean price target of $169.17, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)

$DVA

Mining & Metals55d ago

Earnings Flash (L.TO) Loblaw Companies Limited Posts Q1 Adjusted EPS $0.52 per Share, Meets FactSet Estimate

$L.TO

Mining & Metals55d ago

Hut 8 Says Transaction Expands Its Total Contracted AI Data Center Capacity to 597 MW With Aggregate Base-term Contract Value of Near US$16.8B

$HUT.TO

Research55d ago

Rothschild & Co Redburn Upgrades Monster Beverage to Buy From Neutral, Raises Price Target to $90 From $76

Monster Beverage (MNST) has an average rating of overweight and mean price target of $89.05, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)

$MNST

Mining & Metals55d ago

Hut 8 Cites Triple-net Lease With "High Investment Grade" Tenant Valued At Up to $25.1B If All Renewal Options Are Exercised

$HUT.TO

International55d ago

Taiwan's Foreign Exchange Reserves Rise to $602.49 Billion at April's End

Taiwan's foreign exchange reserves climbed to $602.49 billion at the end of April, marking an increase of $5.6 billion from the previous month, the Central Bank of the Republic of China (Taiwan) reported Wednesday.The central bank attributed the gain primarily to returns generated from managing and investing its reserve assets, alongside valuation changes driven by movements in major currencies against the U.S. dollar.Authorities also noted that market operations were conducted during the month to stabilize the foreign exchange market and ensure orderly conditions.

Taiwan Weighted

Oil & Energy55d ago

US, Iran Reportedly Nearing "One-Page Memo" to End War

The White House is reportedly nearing a breakthrough with Tehran on a one-page memorandum of understanding designed to end the current conflict, several media outlets reported Wednesday.According to a report by Axios on Wednesday, which was later confirmed by a Reuters' report, citing a Pakistani source involved in the mediation, the two nations are currently the closest they have been to an agreement since hostilities began.Crude oil and gas futures contract fell sharply following the news.The diplomatic surge comes directly after US President Donald Trump announced a pause to "Project Freedom," citing "great progress" in peace talks.Iranian President Pezeshkian has previously stated that any agreement must be "fair" and include the lifting of the naval blockade that has crippled regional trade.The new agreement reportedly includes talk on Iran's nuclear program and lifting of sanction.reached out to both US and Iranian authorities for comments which went unanswered.

Asia55d ago

GP Petroleums JV Bags Supply Order Worth INR740 Million; Shares Jump 4%

GP Petroleums (NSE:GULFPETRO, BOM:532543) said its joint venture Amron Oil Resources Pvt. Ltd. has received a letter of acceptance worth 740.4 million Indian rupees from Indian Oil Corp. (NSE:IOC, BOM:530965) for supply of bulk bitumen, according to a filing with the Indian bourses by the company.Shares of the company jumped 4% at market close on Wednesday.The contract involves supply of 9,000 MT of VG-30 and 6,000 MT of VG-40 at Pipavav, the filing said.The order is to be executed over 12 months, with an option to extend by another year on mutual agreement, it added.

BOM:530965BOM:532543NSE:GULFPETRONSE:IOC

Mining & Metals55d ago

Collective Mining Says Discovered High-Grade Gold In Maiden Holes Targeting Western Side of Ramp Zone At Depth

$CNL.TO

International55d ago

Falling Oil Prices, Middle East Views Lift Asian Stock Markets

Asian stock markets tracked higher Wednesday as global crude prices eased, and on media reports that the Trump Administration and Tehran are in peace discussions. Overnight fresh all-time zeniths on Wall Street helped set tone.Hong Kong and Shanghai finished in the green, while Tokyo remained closed on holiday.Seoul's KOSPI index rose 6.5% to shatter the 7,000-milestone, on strength in tech and semiconductor issues, including a 14.4% rise in Samsung Electronics shares.In Hong Kong, the Hang Seng Index opened evenly and rose to the close, finishing up 1.2% as traders viewed Persian Gulf prospects, and noted a 7% decline in Brent crude prices during market hours. A property-sector rally lifted broader indices as well.The broad gauge Hang Seng rose 315.17 to 26,213.78, as gaining issues outnumbered losers 67 to 22. The Hang Seng TECH Index gained 0.8% on the day, while the Mainland Properties Index rose 4.6%.Leading the upside was Xinyi Glass, gaining 9.8%, while Li Auto declined 2.6%.On the mainland, the Shanghai Composite rose 1.2% to 4,160.17.On the other regional exchanges, the Taiwan TWSE inclined 0.9%; the Australian ASX 200 inclined 1.3%; the Singapore Straits Times Index rose 0.1%, and the Thai Set inclined 1.8%. In late trading in Mumbai, the Sensex was up 1.2%.The MSCI All Country Asia Pacific Index rose 2.6% on the day, also striking a record high.

Hang SengNikkei 225Shanghai Composite

Mining & Metals55d ago

Hut 8 Commercializes First Phase of 1 GW Beacon Point AI Data Center Campus with 15-Yr, 352 MW IT Lease with Base-Term Contract Value of US$9.8B

$HUT.TO

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