News
Important Only
Gyre Therapeutics Reports Fourth Quarter and Full Year 2025 Financial Results
March 12 (Reuters) - Gyre Therapeutics Inc GYRE.O: GYRE THERAPEUTICS Q4 PRETAX PROFIT USD -66 THOUSANDGYRE THERAPEUTICS Q4 REVENUE USD 37.195 MILLIONGYRE THERAPEUTICS Q4 OPERATING PROFIT USD 118 THOUSANDFurther company coverage: [GYRE.O ]Reuters
Thu, Mar 12
FACTBOX-From Blue Owl to First Brands: flashpoints in credit markets
By Manya Saini March 12 (Reuters) - Investors are bracing for a flurry of bad news after a string of credit issues in recent weeks has drawn fresh scrutiny to the roughly $2 trillion private credit market.Sentiment was already hit by questions about valuation and transparency, and specific situat...Reuters
Thu, Mar 12
KBR Wins General Maintenance Services Contract from SATORP for its Strategic Petrochemical Expansion Complex
March 12 (Reuters) - KBR Inc KBR.N:KBR WINS GENERAL MAINTENANCE SERVICES CONTRACT FROM SATORP FOR ITS STRATEGIC PETROCHEMICAL EXPANSION COMPLEXKBR INC - AWARDED SEVEN-YEAR GENERAL MAINTENANCE SERVICES CONTRACT WITH OPTIONAL THREE-YEAR EXTENSION FROM SATORPKBR INC - CONTRACT COVERS SATORP'S STRAT...Reuters
Thu, Mar 12
KLA Announces $7 Billion Share Repurchase Program
March 12 (Reuters) - KLA Corp KLAC.O:KLA HOSTS INVESTOR DAY; ANNOUNCES $7 BILLION SHARE REPURCHASE PROGRAM AND 21% INCREASE TO QUARTERLY DIVIDEND; REAFFIRMS MARCH 2026 GUIDANCEKLA CORP - ANNOUNCES 21% INCREASE IN QTRLY DIVIDEND TO $2.30 PER SHAREReuters
Thu, Mar 12
BMW braces for another year of tariff and China struggles
BMW expects moderate decline in pre-tax earnings, stagnant deliveriesTariffs impact core EBIT margin, forecast at 4-6% in 2026China market challenges persist, sales slump 12.5% last yearBy Rachel More and Christina Amann BERLIN, March 12 (Reuters) - BMW BMWG.DE sees little relief ahead with ongoi...Reuters
Thu, Mar 12
Israel to expand operations in Lebanon after Hezbollah barrage, defence minister says
TEL AVIV, March 12 (Reuters) - The Israeli military has been instructed to expand its operations in Lebanon, Defence Minister Israel Katz said on Thursday, after Hezbollah a heavy barrage of fired rockets at Israel overnight. Katz warned Lebanese President Joseph Aoun that if the Lebanese government...Reuters
Thu, Mar 12
China's Xunlei Q4 revenue jumps on cloud, live-streaming growth
OverviewChina cloud services provider's Q4 revenue rose 70% yr/yr, led by cloud and live-streaming gainsQ4 non-GAAP net income and diluted EPS declined from prior yearCompany posted large GAAP net loss due to fair value changes in long-term investmentsOutlookXunlei says 2026 will be a strategic ...Reuters
Thu, Mar 12
Chipmaking tool provider KLA unveils $7 billion share buyback
March 12 (Reuters) - Chipmaking tool provider KLA Corp KLAC.O on Thursday announced a share buyback program worth $7 billion, in addition to its existing share repurchase authorization, which stood at $3.94 billion as of December 31, 2025.Reuters
Thu, Mar 12
Gyre Therapeutics Q4 revenue beats estimates on new product launch
OverviewUS biopharma firm's Q4 revenue rose 33% yr/yr, beating analyst expectationsCompany posted a Q4 net loss as operating expenses increased sharplyGyre expects 2026 revenue to decline as it prioritizes regulatory activities and moderates promotionsOutlookGyre Therapeutics sees 2026 revenue b...Reuters
Thu, Mar 12
Swiss industry group rejects notion Switzerland has built up excess industrial capacity
ZURICH, March 12 (Reuters) - Industry group Swissmem on Thursday rejected the notion that Switzerland pursued policies aimed at creating excess industrial capacity after Washington launched trade investigations into the practice among major trading partners."Switzerland does not pursue an indust...Reuters
Thu, Mar 12
Housing affordability bill sailing toward US Senate passage
By Richard Cowan WASHINGTON, March 12 (Reuters) - The U.S. Senate on Thursday was poised to pass legislation aimed at boosting affordable housing construction nationwide, giving lawmakers the ability to campaign for re-election this year by highlighting efforts to ease the burden of high living c...Reuters
Thu, Mar 12
Israeli cyber firm Onyx Security launches operations with $40 million funding round
By Steven ScheerJERUSALEM, March 12 (Reuters) - Israeli cyber firm Onyx Security officially launched operations on Thursday after securing $40 million in initial funding, signalling continued investor interest in the country's technology sector despite the ongoing U.S.-Israeli war on Iran.The te...Reuters
Thu, Mar 12
FOCUS-US insurers and hospitals turn to new AI for age-old battle over charges vs payments
AI could save insurers $970 million per $10 billion revenue, McKinsey estimatesReport finds AI-enabled coding inflates inpatient and outpatient spendingCompanies eye savings as they deploy AIProviders so far spending more on AI than payers, survey by venture capital firm findsBy Sriparna Roy and Sne...Reuters
Thu, Mar 12
'Sinners' and 'One Battle After Another' face off at drama-filled Oscars
Academy Awards ceremony set for SundayMany top categories hard to predictConan O'Brien returns as host By Lisa Richwine LOS ANGELES, March 12 (Reuters) - Top names in Hollywood will gather on Sunday to hand out the annual Academy Awards at a red-carpet ceremony brimming with an unusual amount...Reuters
Thu, Mar 12
EXPLAINER-Who might the US be talking to in Cuba?
Trump says US and Cuba are in negotiations on unspecified dealRaul Castro's grandson reported to be in talks with Marco RubioCuba's government says no talks under way but does not deny back channelWhen it comes to secret diplomacy, Castro family connections matterBy Daniel Trotta HAVANA, ...Reuters
Thu, Mar 12
Cillian Murphy returns to 'Peaky Blinders' world with new film 'The Immortal Man'
By Shaurya ThapaLONDON, March 12 (Reuters) - Oscar winner Cillian Murphy has returned to the gritty world of "Peaky Blinders" with a new film set during World War Two.The Irish actor reprises the role of Birmingham gangster Thomas "Tommy" Shelby, leader of the Peaky Blinders gang, no...Reuters
Thu, Mar 12
Google names London office 'Platform 37' in a nod to railway neighbour, AI 'Go' match
LONDON, March 12 (Reuters) - Google has named its new London headquarters "Platform 37" in a nod to its neighbour, King's Cross railway station, and "Move 37" - a pivotal play made by DeepMind's AI system AlphaGo in a legendary match of the ancient boardgame Go against world ...Reuters
Thu, Mar 12
