Banco Santander SA hired Carmen Alonso as new global chief executive officer of its asset management unit, following the exit of its previous head in December. Alonso, who will be based in Madrid, was previously partner and head of clients for Europe and Middle East at alternative asset manager Patria Investments , according to an internal memo seen by Bloomberg. A spokeswoman for the bank confirm...
Banco Santander SA hired Carmen Alonso as new global chief executive officer of its asset management unit, following the exit of its previous head in December. Alonso, who will be based in Madrid, was previously partner and head of clients for Europe and Middle East at alternative asset manager Patria Investments , according to an internal memo seen by Bloomberg. A spokeswoman for the bank confirmed the content of the memo. Santander Asset Management had €275 billion ($324 billion) is assets under management as of March, according to its website. The firm’s previous head, Samantha Ricciardi , stepped down in December and joined Fidelity International as head of Europe, Middle East and Africa. The asset management division sits within Santander’s broader wealth management and insurance division headed by Javier García-Carranza .
In recent trading, shares of Warby Parker Inc (Symbol: WRBY) have crossed above the average analyst 12-month target price of $29.33, changing hands for $29.55/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on val
In recent trading, shares of Warby Parker Inc (Symbol: WRBY) have crossed above the average analyst 12-month target price of $29.33, changing hands for $29.55/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on val
In recent trading, shares of Prudential Financial Inc (Symbol: PRU) have crossed above the average analyst 12-month target price of $99.80, changing hands for $100.81/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrad
In recent trading, shares of Prudential Financial Inc (Symbol: PRU) have crossed above the average analyst 12-month target price of $99.80, changing hands for $100.81/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrad
In recent trading, shares of Carmax Inc. (Symbol: KMX) have crossed above the average analyst 12-month target price of $40.25, changing hands for $40.34/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation
In recent trading, shares of Carmax Inc. (Symbol: KMX) have crossed above the average analyst 12-month target price of $40.25, changing hands for $40.34/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation
In recent trading, shares of Dropbox Inc (Symbol: DBX) have crossed above the average analyst 12-month target price of $26.40, changing hands for $28.90/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation
In recent trading, shares of Dropbox Inc (Symbol: DBX) have crossed above the average analyst 12-month target price of $26.40, changing hands for $28.90/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation
In recent trading, shares of Curtiss-Wright Corp. (Symbol: CW) have crossed above the average analyst 12-month target price of $727.86, changing hands for $729.20/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on
In recent trading, shares of Curtiss-Wright Corp. (Symbol: CW) have crossed above the average analyst 12-month target price of $727.86, changing hands for $729.20/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on
A new divide is emerging: between workers who use AI at work and those who are managed by it The real danger that artificial intelligence poses to work is not just job loss – it is the growing divide between people who use AI to extend their skills and those whose working lives are increasingly shaped by opaque, AI-powered systems of surveillance and control. The debate about artificial intelligen...
A new divide is emerging: between workers who use AI at work and those who are managed by it The real danger that artificial intelligence poses to work is not just job loss – it is the growing divide between people who use AI to extend their skills and those whose working lives are increasingly shaped by opaque, AI-powered systems of surveillance and control. The debate about artificial intelligence and how it will affect workers is stuck in the wrong place. On one side are warnings that machines are coming for millions of jobs. On the other are claims that AI will turbocharge productivity . Both stories miss what is already happening in workplaces across the world, from Britain to Kenya to the United States . Continue reading...
Debates over secession overshadowed by revelations separatist-linked group gained access to list of electors The illegal use of voter information by rightwing separatists in the province of Alberta has raised fresh fears over Canada’s electoral integrity by making valuable and “incredibly confidential” personal data easily accessible to malicious actors, security experts have warned. The data brea...
Debates over secession overshadowed by revelations separatist-linked group gained access to list of electors The illegal use of voter information by rightwing separatists in the province of Alberta has raised fresh fears over Canada’s electoral integrity by making valuable and “incredibly confidential” personal data easily accessible to malicious actors, security experts have warned. The data breach, one of the largest in Canadian history, has prompted warnings of a “truly terrifying” new battleground over information, persuasion and foreign interference in already weakened democratic systems. Continue reading...
Since his groundbreaking address to the Brazilian congress in 1987, the 72-year-old Indigenous leader has challenged assumptions and championed rights, urging us to ‘have the courage to change’ After 21 years of military dictatorship in Brazil, it was a pivotal moment. Wearing a suit and tie, Ailton Krenak, then an Indigenous leader in his 30s, stepped on to the rostrum in congress. It was 1987, a...
Since his groundbreaking address to the Brazilian congress in 1987, the 72-year-old Indigenous leader has challenged assumptions and championed rights, urging us to ‘have the courage to change’ After 21 years of military dictatorship in Brazil, it was a pivotal moment. Wearing a suit and tie, Ailton Krenak, then an Indigenous leader in his 30s, stepped on to the rostrum in congress. It was 1987, a new constitution was being drafted for the re-established democracy – and Indigenous people were finally being heard in Brasília. “I hope that my statement does not violate the protocol of this house,” he began, firmly but politely. As he spoke, he smeared his face with jenipapo , a fruit used for Indigenous bodypainting, until it was covered in black. “Indigenous blood has been spilt over every hectare of Brazil ’s 8m square kilometres,” he told the constituent assembly. “You are witnesses of this.” Continue reading...
Cathie Wood’s ARK Invest ETFs trimmed holdings in semiconductor and space-related companies while boosting investments in AI infrastructure, genomic medicine, autonomous systems, defense technology, and software platforms last week. ANA BARAULIA/iStock via Getty Images ARK Innovation ETF ( ARKK ) bought over 371K shares of Intellia Therapeutics ( NTLA ), adding exposure of over $5M. The portfolio ...
Cathie Wood’s ARK Invest ETFs trimmed holdings in semiconductor and space-related companies while boosting investments in AI infrastructure, genomic medicine, autonomous systems, defense technology, and software platforms last week. ANA BARAULIA/iStock via Getty Images ARK Innovation ETF ( ARKK ) bought over 371K shares of Intellia Therapeutics ( NTLA ), adding exposure of over $5M. The portfolio added a combined of 300K shares of Tempus AI ( TEM ), worth more than $15M. ARKG ( ARKG ) additionally purchased over 26K shares of Absci ( ABSI ), an AI-driven drug discovery company. In genomics and precision diagnostics, ARK added heavily to GeneDx ( WGS ), buying 245K shares valued at roughly $15M and reinforcing ARK’s continued bullishness on AI-enabled genomic testing. Healthcare remained one of the firm’s strongest conviction areas during the week. ARK’s largest buy by share volume was Kodiak AI ( KDK ), where ARK Autonomous Technology & Robotics ETF ( ARKQ ) purchased over 394K shares worth $2.6M. In defense, aerospace, and autonomous technology, ARKQ and ARK Space Exploration & Innovation ETF ( ARKX ) bought a combined 210K shares of Kratos Defense & Security Solutions ( KTOS ), over 20K shares of defense contractor L3Harris Technologies ( LHX ), and above 57K shares of nuclear-energy and advanced reactor company X-Energy ( XE ). In AI infrastructure, ARKK ( ARKK ) and ARKW ( ARKW ) purchased a combined total of more than 113K shares of CoreWeave ( CRWV ) worth over $37M. Software and fintech-related names also saw notable inflows. ARKK ( ARKK ), ARKW ( ARKW ), and ARKF ( ARKF ) collectively bought over 328K shares of Shopify ( SHOP ). ARKF ( ARKF ) and ARKW ( ARKW ) added 212K shares of Toast ( TOST ), while ARKW ( ARKW ) bought over 13K shares of Cloudflare ( NET ). On the sell side, ARK’s largest disposal was autonomous driving company Aurora Innovation ( AUR ), with 385K shares sold worth $2.7M. Ark also reduced exposure to semiconductor company Advanced Micro ...
Cathie Wood’s ARK Invest ETFs trimmed holdings in semiconductor and space-related companies while boosting investments in AI infrastructure, genomic medicine, autonomous systems, defense technology, and software platforms last week. ANA BARAULIA/iStock via Getty Images ARK Innovation ETF ( ARKK ) bought over 371K shares of Intellia Therapeutics ( NTLA ), adding exposure of over $5M. The portfolio ...
Cathie Wood’s ARK Invest ETFs trimmed holdings in semiconductor and space-related companies while boosting investments in AI infrastructure, genomic medicine, autonomous systems, defense technology, and software platforms last week. ANA BARAULIA/iStock via Getty Images ARK Innovation ETF ( ARKK ) bought over 371K shares of Intellia Therapeutics ( NTLA ), adding exposure of over $5M. The portfolio added a combined of 300K shares of Tempus AI ( TEM ), worth more than $15M. ARKG ( ARKG ) additionally purchased over 26K shares of Absci ( ABSI ), an AI-driven drug discovery company. In genomics and precision diagnostics, ARK added heavily to GeneDx ( WGS ), buying 245K shares valued at roughly $15M and reinforcing ARK’s continued bullishness on AI-enabled genomic testing. Healthcare remained one of the firm’s strongest conviction areas during the week. ARK’s largest buy by share volume was Kodiak AI ( KDK ), where ARK Autonomous Technology & Robotics ETF ( ARKQ ) purchased over 394K shares worth $2.6M. In defense, aerospace, and autonomous technology, ARKQ and ARK Space Exploration & Innovation ETF ( ARKX ) bought a combined 210K shares of Kratos Defense & Security Solutions ( KTOS ), over 20K shares of defense contractor L3Harris Technologies ( LHX ), and above 57K shares of nuclear-energy and advanced reactor company X-Energy ( XE ). In AI infrastructure, ARKK ( ARKK ) and ARKW ( ARKW ) purchased a combined total of more than 113K shares of CoreWeave ( CRWV ) worth over $37M. Software and fintech-related names also saw notable inflows. ARKK ( ARKK ), ARKW ( ARKW ), and ARKF ( ARKF ) collectively bought over 328K shares of Shopify ( SHOP ). ARKF ( ARKF ) and ARKW ( ARKW ) added 212K shares of Toast ( TOST ), while ARKW ( ARKW ) bought over 13K shares of Cloudflare ( NET ). On the sell side, ARK’s largest disposal was autonomous driving company Aurora Innovation ( AUR ), with 385K shares sold worth $2.7M. Ark also reduced exposure to semiconductor company Advanced Micro ...
Sony and other major record labels recently suffered a thorough defeat at the Supreme Court in their attempt to make Internet service providers pay huge financial penalties for their customers' copyright infringement. Sony's loss is certain to have wide-ranging effects on copyright lawsuits, offering protection for ISPs, their customers, and potentially other technology companies whose services ca...
Sony and other major record labels recently suffered a thorough defeat at the Supreme Court in their attempt to make Internet service providers pay huge financial penalties for their customers' copyright infringement. Sony's loss is certain to have wide-ranging effects on copyright lawsuits, offering protection for ISPs, their customers, and potentially other technology companies whose services can be used for both legal and illegal purposes. In Cox Communications v. Sony Music Entertainment, the Supreme Court ruled that cable Internet firm Cox is not liable under the Digital Millennium Copyright Act (DMCA) when its customers use their broadband connections to download or upload pirated materials. Music copyright holders claimed that once Cox was informed that specific users repeatedly infringed copyrights, it should have terminated their accounts. A jury agreed with Sony in 2019, hitting Cox with a $1 billion verdict . While the damages award was overturned by an appeals court in 2024, that court gave Sony a partial win by finding that Cox was guilty of contributory copyright infringement—a type of secondary liability for contributing to others' infringement. Read full article Comments
Expectations are low for this week’s Beijing summit between the leaders of the world’s two largest economies. But let’s imagine for a moment US President Donald Trump and China’s Xi Jinping sitting down and delivering the best outcome imaginable for the global economy. What would that look like? Before we go any further there’s an enormous caveat. The two men involved, embedded suspicions, dueling...
Expectations are low for this week’s Beijing summit between the leaders of the world’s two largest economies. But let’s imagine for a moment US President Donald Trump and China’s Xi Jinping sitting down and delivering the best outcome imaginable for the global economy. What would that look like? Before we go any further there’s an enormous caveat. The two men involved, embedded suspicions, dueling ideologies and national rivalries that mean any economic links are viewed as potential security risks all combine to make this an intentionally naive exercise. But Monday mornings in Spring should be about innocence and hope. So here goes. Preview: Trump Aims to Press Xi Over China’s Approach to War in Iran There is no issue bigger in the world today than managing the breakneck rise of artificial intelligence. So a productive summit would surely involve the two leaders agreeing on how to do so. Even only a verbal commitment not to use AI in war or to attack each other’s economies would be a good start. Chokepoints If there is one thing rivaling AI as a force in today’s global economy it is the growing energy crisis tied to the Iran war and closure of the Strait of Hormuz. It is linked to a bigger issue: The world’s chokepoints. What if the two leaders committed to a belief in free navigation of any of those — whether they be geographic, digital or financial — and pledged not to weaponize them? The International Monetary Fund and others have been warning of rising imbalances in the global economy, with the US and China the two main contributors to that. Imagine if the two leaders pledged to actually address that? The main cause of the imbalances is Chinese consumers spending too little and Americans writ large spending too much. A pact calling for fiscal restraint in the US and more largesse from Beijing might be a start. Read More: Trump Risks Confidence in US Role as Guardian of Global Shipping Industrial subsidies from cheap electricity to subsidized loans are behind muc...
In this article DD Follow your favorite stocks CREATE FREE ACCOUNT American Bison graze at the Grand Teton National Park. Danny Lehman | The Image Bank | Getty Images Congress is trying to come up with more money to give the aging national parks a facelift in honor of the country's 250th birthday this year. President Donald Trump talks about the importance of federal facilities looking good, while...
In this article DD Follow your favorite stocks CREATE FREE ACCOUNT American Bison graze at the Grand Teton National Park. Danny Lehman | The Image Bank | Getty Images Congress is trying to come up with more money to give the aging national parks a facelift in honor of the country's 250th birthday this year. President Donald Trump talks about the importance of federal facilities looking good, while his budget proposal slashed funding for the National Park Service. Republican lawmakers are searching for revenue sources including establishing tolls on federally operated roads in the Washington area used daily by tens of thousands of commuters and by hiking fees to visit national parks for visitors from outside the U.S. Democrats say putting tolls on roads that intersect with the Capital Beltway is an untenable solution and that finding new money to fund park overhauls is not necessary since it's already the government's responsibility to maintain the parks. Lawmakers are racing to pass the successor to the Great American Outdoors Act , or GAOA, a law Trump signed during his first term to clear the National Park Service 's backlog of deferred maintenance in the park system. The law has now expired, and the maintenance backlog has only grown, so Congress wants to pass a successor measure to finish the job. The national parks are one of the few remaining truly bipartisan issues on Capitol Hill due to their immense popularity with voters. Few lawmakers will oppose funding the parks, and Trump's proposed cuts and sales of public lands have been routinely vanquished in Congress. And, the parks help support a booming outdoor recreation industry that contributes to the economy , supporting sales of gear and materials from companies such as REI, Patagonia and DuPont . "If we could find a way to use tolls on federal roads, that's one way you could fund it," said Rep. Bruce Westerman , R-Ark., chair of the House Committee on Natural Resources. He said he's looking to create what ...
BETHESDA, Md., May 11, 2026 (GLOBE NEWSWIRE) -- Gain Therapeutics, Inc. (Nasdaq: GANX) (“Gain”, or the “Company”), a clinical-stage biotechnology company leading the discovery and development of the next generation of allosteric small molecule therapies, today reported financial results for the quarter ended March 31, 2026, and provided a corporate update.
BETHESDA, Md., May 11, 2026 (GLOBE NEWSWIRE) -- Gain Therapeutics, Inc. (Nasdaq: GANX) (“Gain”, or the “Company”), a clinical-stage biotechnology company leading the discovery and development of the next generation of allosteric small molecule therapies, today reported financial results for the quarter ended March 31, 2026, and provided a corporate update.
VANCOUVER, British Columbia, May 11, 2026 (GLOBE NEWSWIRE) -- Village Farms International, Inc. (“Village Farms” or the “Company”) (NASDAQ: VFF) today reported financial results for its quarter ended March 31, 2026. All figures are in U.S. dollars unless otherwise indicated.
VANCOUVER, British Columbia, May 11, 2026 (GLOBE NEWSWIRE) -- Village Farms International, Inc. (“Village Farms” or the “Company”) (NASDAQ: VFF) today reported financial results for its quarter ended March 31, 2026. All figures are in U.S. dollars unless otherwise indicated.
SINGAPORE, May 11, 2026 (GLOBE NEWSWIRE) -- Multi Ways Holdings Limited (“Multi Ways”, the “Company”) (NYSE American: MWG), a leading supplier of a wide range of heavy construction equipment for sales and rental in Singapore and the surrounding region, today reported financial results for the fiscal year ended December 31, 2025. The Company’s Annual Report on Form 20-F for the fiscal year ended De...
SINGAPORE, May 11, 2026 (GLOBE NEWSWIRE) -- Multi Ways Holdings Limited (“Multi Ways”, the “Company”) (NYSE American: MWG), a leading supplier of a wide range of heavy construction equipment for sales and rental in Singapore and the surrounding region, today reported financial results for the fiscal year ended December 31, 2025. The Company’s Annual Report on Form 20-F for the fiscal year ended December 31, 2025 was filed with the U.S. Securities and Exchange Commission on May 8, 2026, and is available on the SEC website and in the Investor Relations section of the Company’s website at www.multiwaysholdings.com .
Zumilokibart advancing across multiple indications, with Phase 3 initiation in atopic dermatitis (AD) expected later this year: - APEX Phase 2 Part A 52-week data demonstrated durable maintenance and improved efficacy over time with every 3- and 6-month dosing in moderate-to-severe AD - APEX Phase 2 Part B 16-week data in AD expected in Q2 2026 - Following positive Phase 1b asthma results earlier ...
Zumilokibart advancing across multiple indications, with Phase 3 initiation in atopic dermatitis (AD) expected later this year: - APEX Phase 2 Part A 52-week data demonstrated durable maintenance and improved efficacy over time with every 3- and 6-month dosing in moderate-to-severe AD - APEX Phase 2 Part B 16-week data in AD expected in Q2 2026 - Following positive Phase 1b asthma results earlier this year, expansion plans are underway with additional trial details for asthma and eosinophilic esophagitis (EoE) expected later this year
Lemon_tm/iStock via Getty Images Sustainable International Leaders: Review and Outlook Our key belief is that competitively advantaged businesses that can invest at high rates of Return on Invested Capital (ROIC), run by capable management teams and are attractively valued have the ability to generate attractive shareholder returns over our investment horizon. Global equity markets continued to ex...
Lemon_tm/iStock via Getty Images Sustainable International Leaders: Review and Outlook Our key belief is that competitively advantaged businesses that can invest at high rates of Return on Invested Capital (ROIC), run by capable management teams and are attractively valued have the ability to generate attractive shareholder returns over our investment horizon. Global equity markets continued to experience ongoing volatility and uncertainty in the first quarter of 2026, driven by a sell-off in sectors perceived to be impacted by AI, geopolitical tensions including the Iran war that recently started in February, as well as continuing trade policy shifts. Amidst all this, investors exhibited heightened sensitivity to short-term market signals. We invest using a bottom-up approach, focusing on a company's long-term fundamentals such as competitive position and operating metrics as well as resilience as defined by the ability to hold up well in many different environments. We believe we have little ability to time and position for unexpected macro shocks but have re-underwritten our investments across perceived “AI losers” during the quarter and see exceptional value in a number of heavily beaten-up investments. We have approximately 20% exposure to these perceived “AI losers.” These include travel IT-related businesses like Amadeus IT ( AMADY ) and Booking ( BKNG ), credit bureau Experian ( EXPGY ), media distribution in UMG ( UNVGY ), global software leadership with SAP ( SAP ), information and decision-making software provider Wolters Kluwer ( WTKWY ) and financial market infrastructure company London Stock Exchange Group (LNSTY). We also have exposure to two strong and clearly recognized AI beneficiaries, TSMC ( TSM ) and ASML ( ASML ), at approximately 8% of NAV as of March 31, 2026. Strong positive contribution further came from our exposure to exchanges Deutsche Boerse ( DBOEY ) and B3, both benefiting from increased risk aversion in markets as the start of the th...
The agriculture industry’s long-running push to expand higher-ethanol gasoline is at a critical juncture as farmers search for fresh sources of demand. The House of Representatives is expected to vote this week on legislation that would allow year-round, nationwide sales of E15 gasoline, a move widely seen as one of the most direct ways to expand the market for biofuels. Despite bipartisan backing...
The agriculture industry’s long-running push to expand higher-ethanol gasoline is at a critical juncture as farmers search for fresh sources of demand. The House of Representatives is expected to vote this week on legislation that would allow year-round, nationwide sales of E15 gasoline, a move widely seen as one of the most direct ways to expand the market for biofuels. Despite bipartisan backing, the measure’s prospects aren’t certain. “You definitely see support from Republicans for this, but we also have Democrats in farm states that want this E15 as well,” said Jacqui Fatka , an analyst at CoBank. “I just don’t know if we have enough.” Efforts to authorize permanent E15 sales have failed for more than a decade, largely due to opposition from much of the oil industry, which has argued that biofuel blending mandates impose significant costs on refiners. This time, however, the politics are more complicated. The latest proposal pairs E15 expansion with limits on exemptions from biofuel-blending requirements for small refineries — a provision that has drawn support from some large oil companies but sparked fierce resistance from smaller operators. That split within the refining sector is now a key obstacle for E15. For corn farmers, the stakes are high. E15 — gasoline made with 15% corn-based ethanol — could provide a meaningful boost to demand, and profits, at a time when growers are dealing with record crops and rising costs of inputs like fertilizer. “If we get to E15, it could consume up to another 15% of the US corn crop,” Chuck Magro , chief executive officer of seed supplier Corteva Inc., said in a call with analysts last week. “So that would be very, very good, I think, for US farmers.” Even smaller shifts could have an outside impact. A one-percentage-point increase in the national blend rate in the 2025-2026 marketing year would mean an additional 486 million bushels of corn demand and 1.36 billion more gallons of ethanol, according to the National Corn G...