News
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RPT-ANALYSIS-Investors ramp up bets on steeper yield curve under Warsh-led Fed
Markets expect steeper yield curves to be the norm in 2026Tensions likely to revolve around Fed balance sheet, long-end ratesUncertainty about Warsh's views likely to raise rate volatilityIncoming Fed chief expected to revert to hawkish instincts at some pointBy Gertrude Chavez-Dreyfuss NEW Y...Reuters
Wed, Feb 4
EXCLUSIVE-US Senators unveil bill to prevent scam ads on social media platforms
Bipartisan SCAM Act targets fraudulent ads on social mediaBill follows Reuters report revealing that Meta internally projected huge revenue from scam adsLegislation would require platforms to verify government-issued ID of advertisersAmerican Bankers Association, AARP endorse billBy Jeff HorwitzFeb ...Reuters
Wed, Feb 4
Novartis flags 2026 profit drop as patents for key drugs expire
Novartis expects low single-digit drop in 2026 core income To offset patent expiry with $30 billion deals, cancer drugsCFO-designate raises prospect of second-half profit rebound Share price slips 1.8% in morning tradingBy Ludwig Burger and Bhanvi Satija FRANKFURT, Feb 4 (Reuters) - Novartis NOVN...Reuters
Wed, Feb 4
Santander Brasil's profit up 6% in Q4 to highest in four years
SAO PAULO, Feb 4 (Reuters) - Banco Santander Brasil's SANB3.SA fourth-quarter net profit rose 6% from a year earlier to 4.09 billion reais ($780.73 million), the lender said on Wednesday, slightly above the 4.03 billion reais expected by analysts polled by LSEG.That marked the bank's highest...Reuters
Wed, Feb 4
IndiGo cuts some long-haul flights due to airspace closures, airport congestion
IndiGo suspends Copenhagen flights, trims UK services Airspace closures, congestion increase flight timesAirline expects first Airbus A350 in early 2028 NEW DELHI, Feb 4 (Reuters) - India's IndiGo INGL.NS said on Wednesday it would suspend long-haul flights to Copenhagen and trim some service...Reuters
Wed, Feb 4
Olympics-Figure skating-Glenn aims to inspire LGBTQ+ community during trying times
American Glenn set to become first out woman to figure skate at an OlympicsTrump administration criticised for policies affecting LGBTQ+ rightsOlympic Pride House provides safe space for LGBTQ+ athletes and alliesBy Lori EwingMILAN, Feb 4 (Reuters) - U.S. figure skater Amber Glenn hopes her historic...Reuters
Wed, Feb 4
Kremlin confirms low-level Russia-France talks are under way after Macron talks of resuming contacts
MOSCOW, Feb 4 (Reuters) - The Kremlin said on Wednesday that working level talks between Russia and France were under way, but that there was nothing to announce for now when it came to a possible conversation between President Vladimir Putin and President Emmanuel Macron.The French leader said on T...Reuters
Wed, Feb 4
Packaging supplier Silgan's Q4 EPS beats estimates on demand for dispensing products
OverviewPackaging supplier's Q4 revenue slightly beat analyst expectationsAdjusted EPS for Q4 beat analyst expectationsCompany returned approximately $160 mln to shareholdersOutlookSilgan expects 2026 adjusted EPS between $3.70 and $3.90Company projects 2026 free cash flow around $450 mln vs $44...Reuters
Wed, Feb 4
REFILE-Snowflake partners with OpenAI in $200 million AI deal (February 2)
Feb 2 (Reuters) - Snowflake SNOW.N said on Monday it has entered a $200 million partnership with OpenAI to integrate advanced artificial intelligence models directly into its cloud data platform, as enterprises increasingly turn to AI to extract insights from vast troves of data.Cloud data platforms...Reuters
Wed, Feb 4
EXCLUSIVE-Donors reluctant to fund US-led Gaza plan as Hamas disarmament push stalls, sources say
Funding withheld over fears of war restarting, sources sayPush for UN, not Board, to run Gaza funds, diplomats sayNo major pledges; Gulf, West hesitateBy Rami Ayyub, Emily Rose and Alexander Cornwell JERUSALEM, Feb 4 (Reuters) - The U.S. has yet to secure funding commitments for its Gaza reconstr...Reuters
Wed, Feb 4
Olympics-Ice hockey-Italy keeping the faith despite the doubters, says gold medallist Fortino
By Trevor StynesMILAN, Feb 4 (Reuters) - Italy's women return to the Winter Games for the first time since 2006, with Olympic gold medallist Laura Fortino providing experience and saying the host team has faith in itself even if nobody else does.Fortino won gold with Canada in 2014 and silver f...Reuters
Wed, Feb 4
Olympics-LA28 chair Wasserman called on to resign over Epstein files, LA Times reports
Feb 4 (Reuters) - Local officials in Los Angeles are calling on Casey Wasserman to resign as LA2028 Olympics chief for communicating with convicted sex trafficker Ghislaine Maxwell more than 20 years ago, according to a Los Angeles Times report.New files released related to late financier and sex of...Reuters
Wed, Feb 4
Panasonic Group CFO Waniko - Will Expand Existing Module Plant In Mexico First And Develop A Nearby New Site In Parallel Toward 2028 Targets
Feb 4 (Reuters) - Panasonic Holdings Corp 6752.T:PANASONIC GROUP CFO WANIKO: WILL EXPAND EXISTING MODULE PLANT IN MEXICO FIRST AND DEVELOP A NEARBY NEW SITE IN PARALLEL TOWARD 2028 TARGETSSource text: [ID:]Reuters
Wed, Feb 4
Kremlin says Russia will keep fighting in Ukraine until Kyiv makes 'decisions'
MOSCOW, Feb 4 (Reuters) - Kremlin spokesman Dmitry Peskov said on Wednesday that Russian troops would keep fighting in Ukraine until Kyiv made "decisions" that could bring the war to an end.Russia's position remains unchanged, which is known to both Ukrainian and U.S. negotiators, Peskov...Reuters
Wed, Feb 4
Olympics-Alpine skiing-Racing with torn ACL 'doable', Mancuso says of Vonn downhill bid
Vonn hopes to compete with ACL tear using a braceMancuso highlights unique challenge of Vonn's injury timingForecast snowfall may complicate race conditionsBy Julien PretotCORTINA D'AMPEZZO, Italy, Feb 4 (Reuters) - Former Olympic champion Julia Mancuso said racing the Milano Cortina Olympic...Reuters
Wed, Feb 4
Olympics- Fears over ICE role at Milano Cortina 'completely unfounded', minister says
Minister dismisses outrage over ICE presenceAgents limited to analysis work inside US diplomatic officesICE presence sanctioned by international accord ROME, Feb 4 (Reuters) - U.S. Immigration and Customs Enforcement personnel deployed for the Milano Cortina Olympics will not conduct any policing...Reuters
Wed, Feb 4
Santander Brasil's net profit up 6% in Q4
SAO PAULO, Feb 4 (Reuters) - Banco Santander Brasil's SANB3.SA fourth-quarter net profit rose 6% from a year earlier to 4.09 billion reais ($780.73 million), the lender said on Wednesday, slightly above the 4.03 billion reais expected by analysts polled by LSEG.($1 = 5.2387 reais)Reuters
Wed, Feb 4
Pope Leo urges Russia and US to renew last nuclear arms treaty
VATICAN CITY, Feb 4 (Reuters) - Pope Leo on Wednesday urged leaders in Russia and the United States to renew their last nuclear arms control treaty, New START, which caps the number of strategic nuclear weapons deployed by each country.Leo, the first U.S. pope, said during his weekly audience at...Reuters
Wed, Feb 4
Pizza Hut India operator Devyani posts wider loss, names new CEO
By Komal Salecha Feb 4 (Reuters) - Devyani International DEVY.NS, the operator of KFC and Pizza Hut outlets in India, reported a sharp increase in quarterly loss on Wednesday due to a one-time charge, and named its current finance boss as its next CEO. The company, a franchisee of U.S.-based Yum ...Reuters
Wed, Feb 4
