News
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South Africa's SPAR announces voluntary job cuts to improve costs
JOHANNESBURG, March 17 (Reuters) - South Africa's SPAR Group SPPJ.J said on Tuesday that it will launch a voluntary severance programme in selected parts of its business as the retailer pushes ahead with efforts to improve costs and sharpen competitiveness.The initiative forms part of a wider op...Reuters
Tue, Mar 17
Dover rises after Wells Fargo upgrades rating and hikes PT
Shares of industrial equipment maker Dover DOV.N rise 1.27% to $210 in premarket tradingWells Fargo upgrades DOV to "overweight" from "equal weight" citing it (Dover) benefits from accelerating growth if tensions cool, and remains relatively insulated with pricing power and low regio...Reuters
Tue, Mar 17
Tiaa Teams Up With Chicago Scholars To Invest In Chicago's Future At The 2026 Big Ten Men's Basketball Tournament
March 17 (Reuters) - Teachers Insurance and Annuity Association of America [RIC:RIC:TIAAG.UL]:TIAA TEAMS UP WITH CHICAGO SCHOLARS TO INVEST IN CHICAGO'S FUTURE AT THE 2026 BIG TEN MEN'S BASKETBALL TOURNAMENTFurther company coverage: TIAAG.ULReuters
Tue, Mar 17
Public Storage Says National Storage Affiliates Trust Owes $202 Mln Termination Fee If Deal Terminates
March 17 (Reuters) - Public Storage PSA.N:PUBLIC STORAGE: IF DEAL TERMINATES, NATIONAL STORAGE AFFILIATES TRUST PAYS TERMINATION FEE TO PUBLIC STORAGE OF $202 MILLION- SEC FILINGSource text: [ID:n0001193125-26-109593]Reuters
Tue, Mar 17
Cencora's CFO Cleary to retire
March 17 (Reuters) - Drug distributor Cencora COR.N said on Tuesday that Chief Financial Officer James Cleary will retire on June 30, adding that it was considering internal and external candidates to succeed him.Cleary will assist in the search process and serve as an adviser through the end of 202...Reuters
Tue, Mar 17
Iran war may push 45 million people into acute hunger by June, WFP says
By Emma Farge GENEVA, March 17 (Reuters) - Tens of millions more people will face acute hunger if the Iran war continues through to June, according to analysis from the World Food Programme released on Tuesday.The U.S.-Israeli attacks on Iran that began on February 28 have choked up key humanitar...Reuters
Tue, Mar 17
Intercontinental Exchange launches private credit platform to address transparency concerns
March 17 (Reuters) - New York Stock Exchange-parent Intercontinental Exchange ICE.N said on Tuesday it has launched a product to bring greater transparency to the private credit market, an asset class beleaguered by heightened investor concerns.Sentiment toward the private credit market has weakened...Reuters
Tue, Mar 17
Lifeway Foods Q4 net sales rise, reiterates adjusted EBITDA long-term target
OverviewU.S. kefir supplier's Q4 net sales rose 18% yr/yr, driven by volume-led growthCompany reported Q4 net income of $2.5 mln, reversing prior-year lossQ4 gross margin expanded by 250 basis points, reflecting operational executionOutlookCompany reiterates long-term target of $45–$50 mln Adjus...Reuters
Tue, Mar 17
Kraft Heinz to launch high-protein Mac & Cheese under CEO's revival push
March 17 (Reuters) - Kraft Heinz KHC.O said on Tuesday it plans to launch high-protein Mac & Cheese as part of CEO Steve Cahillane's efforts to revive the packaged food maker after hitting pause on its plans to split. Last month, Kraft Heinz halted efforts to split the company and said the c...Reuters
Tue, Mar 17
Comstock Q4 revenue rises, targets new revenue sources via strategic partnerships
OverviewU.S. asset manager and developer's Q4 2025 revenue rose 42% yr/yrQ4 net income increased 31% yr/yr, adjusted EBITDA up 51%Company launched Data Center Platform, targeting new revenue sources via strategic partnershipsOutlookComstock says increasing AUM via Institutional Venture Platform ...Reuters
Tue, Mar 17
Manpowergroup’S Experis And Soundhound Ai Announce Strategic Partnership To Accelerate And Scale Enterprise Ai Adoption
March 17 (Reuters) - ManpowerGroup Inc MAN.N:MANPOWERGROUP’S EXPERIS AND SOUNDHOUND AI ANNOUNCE STRATEGIC PARTNERSHIP TO ACCELERATE AND SCALE ENTERPRISE AI ADOPTIONReuters
Tue, Mar 17
Lufthansa extends Tel Aviv flight suspension until April 9
BERLIN, March 17 (Reuters) - Germany's Lufthansa Group LHAG.DE has extended its suspension of flights to Tel Aviv through April 9 due to the significant air traffic restrictions in the Middle East, it said on Tuesday.For operational reasons, the flagship carrier has also stopped flights to Riyad...Reuters
Tue, Mar 17
OpenAI to sell AI to US agencies through Amazon cloud unit, the Information reports
March 17 (Reuters) - OpenAI has signed a new deal to sell access to its AI model to U.S. defense and government agencies through Amazon's AMZN.O cloud unit for classified and unclassified work, the Information reported on Tuesday.Reuters
Tue, Mar 17
Edc And Cib Extend Financing Package To Nouveau Monde Graphite
March 17 (Reuters) - Nouveau Monde Graphite Inc NOU.TO:EDC AND CIB EXTEND FINANCING PACKAGE TO NOUVEAU MONDE GRAPHITEEDC: SENIOR SECURED PROJECT DEBT FACILITY OF ABOUT CAD$459 MILLION TO SUPPORT NEXT PHASE OF NMG'S MATAWINIE MINE IN QUEBECReuters
Tue, Mar 17
