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US forces seize third sanctioned oil tanker, Pentagon says
WASHINGTON, Feb 24 (Reuters) - U.S. military forces have captured a sanctioned oil tanker in the Indian Ocean after tracking it from Caribbean waters, the Pentagon said on Tuesday, adding that it was the third such interdiction.In a post on X, the U.S. Department of Defense said its forces boarded t...Reuters
Tue, Feb 24
EXCLUSIVE-Trump eyes Pentagon AI program for trade block's minerals pricing, sources say
Pentagon's OPEN program to help set China-free minerals pricesFour critical minerals to be AI model's first focusProgram aims to help offset Chinese market interferenceQuestions on how tariffs would support AI-derived priceBy Ernest Scheyder Feb 24 (Reuters) - The Trump administration pla...Reuters
Tue, Feb 24
RPT-ROI-Copper drives BHP and Rio, but getting more is the trick: Russell
By Clyde Russell LAUNCESTON, Australia, Feb 24 (Reuters) - The latest corporate results from major miners BHP Group BHP.AX and Rio Tinto RIO.AX highlight copper's starring role in driving profits, but they also underline how difficult it will be to get more exposure to the industrial metal.BH...Reuters
Tue, Feb 24
Glass House Brands - Sees Rescheduling Cannabis To Schedule III As Export Opportunity
Feb 24 (Reuters) - Glass House Brands Inc GLASau.NLB:GLASS HOUSE BRANDS INC - ESTABLISHES SPECIAL COMMITTEE OF BOARDGLASS HOUSE BRANDS INC - JAY NICHOLS APPOINTED CHAIRMAN OF SPECIAL COMMITTEEGLASS HOUSE BRANDS INC - SEES RESCHEDULING CANNABIS TO SCHEDULE III AS EXPORT OPPORTUNITYFurther company cov...Reuters
Tue, Feb 24
AES Corp signs 20-year power supply deal with Google
Feb 24 (Reuters) - AES Corp AES.N said on Tuesday it has signed a 20-year agreement with Google GOOGL.O to supply power to the U.S. tech giant's new data center planned in Wilbarger County, Texas.AES said it has also signed deals for energy generation that will be co-located with the new data ce...Reuters
Tue, Feb 24
UK sanctions New Zealand insurer Maritime Mutual after Reuters report
By Paul Carsten and Lucy Craymer BERLIN, Feb 24 (Reuters) - Britain on Tuesday sanctioned Maritime Mutual, the New Zealand-based marine insurer that was the subject of a Reuters special report into how it had helped in the trade of tens of billions of dollars of Iranian and Russian oil."(Mari...Reuters
Tue, Feb 24
Constellation Energy beats profit estimates on strong power demand
Feb 24 (Reuters) - Major U.S. power company Constellation Energy CEG.O beat Wall Street estimates for fourth-quarter adjusted profit on Tuesday, helped by rising electricity demand from data centers. Shares of the company rose 1.4% in premarket trading. After setting a second straight record hig...Reuters
Tue, Feb 24
PRECIOUS-Gold falls over 1% as dollar strengthens, investors book profits
Gold rose to more than 3-week high earlier in the sessionThe US dollar rises around 0.2% Trump warns countries against backing away from trade dealsIran and US to hold new round of talks on ThursdayBy Noel John Feb 24 (Reuters) - Gold prices fell more than 1% on Tuesday, easing from a three-week ...Reuters
Tue, Feb 24
AxoGen posts Q4 loss as FDA regulatory costs hit margins
OverviewSurgical solutions provider's Q4 revenue grew 21.3% yr/yrCompany reported a net loss of $13.2 mln for Q4 2025, vs net income a year earlierGross margin decreased due to one-time FDA approval costsOutlookAxoGen expects 2026 revenue growth of at least 18%, reaching $265.7 mlnCompany antici...Reuters
Tue, Feb 24
Constellation Energy beats Q4 adjusted EPS expectations, plans 10% dividend hike in 2026
OverviewEnergy provider's Q4 adjusted EPS beat analyst expectations despite a decrease in adj operating earningsCompany completed acquisition of Calpine Corporation, expanding generation portfolioDOE approved $1 bln loan guarantee for Crane Clean Energy Center restartOutlookConstellation plans t...Reuters
Tue, Feb 24
RPT-BREAKINGVIEWS-Big Tech will only partly dissolve AI water risk
By Antony Currie MELBOURNE, Feb 24 (Reuters Breakingviews) - Barely two weeks into 2026, Nvidia NVDA.O boss Jensen Huang and Microsoft MSFT.O President Brad Smith seemed to have jointly defanged one of the biggest threats to the growth of artificial intelligence: water security. The Big Tech heav...Reuters
Tue, Feb 24
WTI Price Analysis: Bullish Flag breakout backs fresh upside move ahead
West Texas Intermediate (WTI), futures on NYMEX, are down 0.3% to near $66.20 during the European trading session on Tuesday. The Oil price is slightly under pressure, but is still close to its over six-month high of $67.23.
Fxstreet
Tue, Feb 24
Nippon Steel to raise $3.9 billion in Japan's biggest convertible bond offer ever
Nippon Steel's convertible bond offering largest in Japan's corporate historySeeks funds to refinance U.S. Steel takeover, to fund investments By Katya Golubkova TOKYO, Feb 24 (Reuters) - Nippon Steel 5401.T has decided to increase its convertible bond offering to 600 billion yen ($3.85 b...Reuters
Tue, Feb 24
Gold declines as US Dollar stays firm, geopolitical tensions persist
Gold (XAU/USD) edges lower on Tuesday as a firmer US Dollar (USD) tempers demand for the precious metal, even as geopolitical and economic risks remain in focus. At the time of writing, XAU/USD trades near $5,175, down around 1.20% on the day.
Fxstreet
Tue, Feb 24
EU countries give final approval to weaken company sustainability laws
Rules will now only apply to larger companies Deadline to comply delayed by two years to mid-2029EU drops requirement for climate change transition plansBy Kate Abnett BRUSSELS, Feb 24 (Reuters) - EU countries on Tuesday gave their final approval to scale back rules that require companies to addr...Reuters
Tue, Feb 24
US airlines cancel over 2,000 flights as storm disruption continues
Feb 24 (Reuters) - U.S. airlines canceled over 2,000 flights on Tuesday, far fewer than a day earlier, as a powerful winter storm that disrupted airports across the Northeast was expected to ease by evening, with strong winds expected to continue into the early hours.Over 2,000 flights canceled, 600...Reuters
Tue, Feb 24
FACTBOX-More than 380,000 customers without power as winter storm hits US Northeast
Feb 24 (Reuters) - A winter storm across parts of the U.S. Northeast has left more than 380,000 homes and businesses without power, as officials across the region warned of heavy snow, strong winds and dangerous travel conditions.The hardest-hit utilities included Eversource Energy ES.N in Massachus...Reuters
Tue, Feb 24
Amer Sports Q4 revenue beats estimates on technical apparel unit growth
OverviewSports and outdoor brand's Q4 revenue grew 28%, beating analyst expectationsOperating margin declined due to increased SG&A investments in Salomon SoftgoodsCompany announced Carrie Ask as new Wilson CEO, effective March 1OutlookAmer Sports expects full-year 2026 revenue growth of 16-...Reuters
Tue, Feb 24
