News
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Airstrike on Italian base in Iraq was deliberate, defence minister says
By Alvise Armellini and Angelo Amante ROME, March 12 (Reuters) - An overnight airstrike that hit an Italian military base in Iraqi Kurdistan was deliberate, the defence ministry said on Thursday, targeting a facility hosting NATO personnel amid the ongoing conflict with Iran.The strike on Erbil&#...Reuters
Thu, Mar 12
Enodia Therapeutics Strengthens Sec61 Portfolio Through Acquisition Of Preclinical Assets From Kezar Life Sciences
March 12 (Reuters) - Enodia Therapeutics:ENODIA THERAPEUTICS STRENGTHENS SEC61 PORTFOLIO THROUGH ACQUISITION OF PRECLINICAL ASSETS FROM KEZAR LIFE SCIENCESENODIA THERAPEUTICS - KEZAR TO RECEIVE $1 MILLION UPFRONT AND UP TO $127 MILLION IN MILESTONE PAYMENTSReuters
Thu, Mar 12
Ultragenyx's gene therapy helps control ammonia levels in late-stage study
March 12 (Reuters) - Ultragenyx Pharmaceutical RARE.O said on Thursday its experimental gene therapy helped patients in a late-stage trial to better control ammonia levels linked to a rare inherited disorder.The therapy, called DTX301, improved a key measure of ammonia control by 18% after 36 weeks ...Reuters
Thu, Mar 12
Unit Corporation Q4 net income jumps on asset sale
OverviewU.S. oil and gas producer's Q4 revenue was flat yr/yr, net income jumped on asset saleCompany sold contract drilling unit, results from that unit shown as discontinued operationsUnit declared Q1 2026 quarterly dividend and repurchased shares in 2025Result DriversOIL AND NGL PRICES - Lowe...Reuters
Thu, Mar 12
Saga Communications Q4 revenue falls 9.3% on ad market weakness
OverviewU.S. radio broadcaster's Q4 revenue fell 9.3% yr/yr as overall ad market softenedCompany posted Q4 net loss after $20.4 mln impairment charge on goodwill and licensesSaga completed sale of telecom towers, recognizing $11.6 mln gainOutlookSaga expects capital expenditures of $3.5 mln to $...Reuters
Thu, Mar 12
ADVISORY-Alert from law firm on Lakeland Industries withdrawn
An alert from a law firm's press release on Lakeland Industries' LAKE.O public offering, which was announced in January 2025, was inadvertently published and has been withdrawn.There will be no substitute.STORY_NUMBER: nTUA5C91RRSTORY_DATE: 12/03/2026STORY_TIME: 01:00 PM GMTReuters
Thu, Mar 12
Israeli military expands orders for people in southern Lebanon to leave
BEIRUT, March 12 (Reuters) - The Israeli military issued new evacuation orders for southern Lebanon on Thursday which nearly doubled the zone it said residents should leave, saying they should move north beyond the Zahrani river.The new zones, marked in red in a map published on X by a military spo...Reuters
Thu, Mar 12
CANADA FX DEBT - Canadian dollar weakens, benchmark yield slips
The Canadian dollar weakened against the greenback on Thursday, and the yield on benchmark government debt slipped. The loonie CAD= was trading 0.1% lower at C$1.3599 to the greenback, or 73.53 U.S. cents, after trading in a range of 1.3578 to 1.3604.Canadian government 10-year bond yields CA10YT=RR...Reuters
Thu, Mar 12
Polish police say drone found at mine in western Poland
WARSAW, March 12 (Reuters) - A drone found was found by a worker at a mine in western Poland on Thursday, police said, with a spokesperson adding that it "does not look like civilian drone" and that they did not have information about the model yet.Reuters
Thu, Mar 12
Allianz, Sun Life weigh bids for HSBC Singapore insurance business, Bloomberg News reports
March 12 (Reuters) - Allianz SE ALVG.DE and Sun Life Financial SLF.TO are considering bids for HSBC's HSBA.L Singapore insurance unit after the bank launched a strategic review of the business, Bloomberg News reported on Thursday, citing people familiar with the matter.Allianz and HSBC did not i...Reuters
Thu, Mar 12
Pentagon CTO says 'no chance' of renewed Anthropic negotiations
March 12 (Reuters) - Pentagon Chief Technology Officer Emil Michael on Thursday ruled out negotiations with Anthropic after the agency labeled the AI lab a supply-chain risk in a dispute over restrictions on how the U.S. military can use its technology."There's no chance. The (Anthropic) lea...Reuters
Thu, Mar 12
DIARY-Political and General News Events from March 12
March 12 (Reuters) - For other diaries, please see:Political and General News POL/DIARYTop Economic Events M/DIARYEmerging Markets Economic Events EMRG/DIARYGovernment Debt Auctions D/DIARYU.S. Federal Reserve FED/DIARYToday in Washington WASH/DIARY -------------------------------------------------...Reuters
Thu, Mar 12
Anthropic seeks appeals court stay of Pentagon supply-chain risk designation
March 12 (Reuters) - Anthropic on Wednesday sought a stay from a U.S. appeals court after the Pentagon said the company was a supply-chain risk, pending a judicial review of the case, adding that the designation could cost it billions of dollars in lost revenue. Anthropic's latest request ...Reuters
Thu, Mar 12
Wealthfront drops as brokerages cut PTs after Q4 results
Shares of robo-adviser Wealthfront WLTH.O fall 6% to $7.8 premarketAt least 3 brokerages cut PT after WLTH posts Q4 net loss of $1.31 per share, vs. profit of 23 cents a year earlierWLTH books $310.7 million in expenses, compared with $51.8 million a year earlier, primarily due to higher one-time st...Reuters
Thu, Mar 12
Strait of Hormuz issue must be resolved through diplomacy, says German foreign minister
BERLIN, March 12 (Reuters) - A solution to security issues in the strategically important Strait of Hormuz can only be achieved diplomatically, German Foreign Minister Johann Wadephul said on Thursday."A reliable and sustainable solution can only be achieved through diplomatic channels, and that...Reuters
Thu, Mar 12
EXPLAINER-Global carmakers book $70 billion hit from EV rollbacks
By Alessandro Parodi March 12 (Reuters) - Global carmakers have booked over $70 billion in writedowns in the past year as they scale back electric vehicle ambitions on a tough U.S. market under President Donald Trump, price wars in China and a more complex mix of vehicle types in Europe.The lates...Reuters
Thu, Mar 12
Canada's MindWalk Q3 revenue rises on US growth
OverviewCanada Bio-Native AI firm's fiscal Q3 revenue grew 52% yr/yr to C$4.2 mlnCompany signed first annual enterprise LensAI platform contract, shifting to recurring revenueUS revenue doubled as company focused strategically on North AmericaOutlookMindWalk says LensAI platform rollout is scali...Reuters
Thu, Mar 12
