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UK watchdogs press Meta, TikTok, Snap and YouTube to block children
UK regulators demand stricter age checks on social media platformsMove is part of latest phase of Britain's Online Safety Act Ofcom and ICO concerned about harmful content exposureMeta and YouTube defend current age verification measuresBy Sam Tabahriti LONDON, March 12 (Reuters) - Britain...
Reuters
Thu, Mar 12
Russia calls on Israel and US to end the Iran war
MOSCOW, March 12 (Reuters) - Russia on Thursday called on Israel and the United States to end their attacks on Iran and come to the negotiating table.Russian Foreign Ministry spokeswoman Maria Zakharova said the humanitarian situation in the region was extremely difficult and the escalation of the c...
Reuters
Thu, Mar 12
Dollar General forecasts annual sales below estimates
March 12 (Reuters) - Dollar General DG.N forecast annual comparable sales below Wall Street estimates on Thursday, as bargain-hunting customers turn to Walmart and online retailers for better deals amid economic uncertainty.The company expects annual same-store sales to grow in the range of 2.2% to ...
Reuters
Thu, Mar 12
SoftBank's PayPay set for hotly anticipated Nasdaq debut after raising $880 million
By Arasu Kannagi Basil and Utkarsh Shetti March 12 (Reuters) - SoftBank's PayPay PAYP.O will begin trading on the Nasdaq later on Thursday, after the Japanese payments app raised about $880 million in its hotly anticipated U.S. initial public offering.The company pushed ahead with the offerin...
Reuters
Thu, Mar 12
CORRECTED-China's Aurora Mobile Q4 revenue rises 13% on higher demand
OverviewChina customer engagement tech firm's Q4 revenue rose 13% yr/yr, driven by higher demandAdjusted net income and adjusted EBITDA for Q4 rose sharply from a year earlierCompany repurchased 72,598 ADSs, totaling about $553,000, during the quarterOutlookAurora Mobile sees 2026 revenue betwee...
Reuters
Thu, Mar 12
Citi shuts most UAE branches temporarily as banks evacuate offices in region
Citibank to close UAE branches until March 14Banks step up precautions against backdrop of warBy Rachna Uppal and Federico Maccioni DUBAI, March 12 (Reuters) - Citibank C.N will close most of its United Arab Emirates branches and financial centres through March 14 as a precaution, its website sho...
Reuters
Thu, Mar 12
ASEAN ministers to hold meetings to address Middle East crisis
MANILA, March 12 (Reuters) - The widening conflict in the Middle East is expected to dominate discussions at Friday's ASEAN economic ministers' retreat, with foreign ministers also holding a virtual meeting on the same day to tackle a deepening crisis that has upended global markets. The Phi...
Reuters
Thu, Mar 12
Build-A-Bear Q4 revenue rises 2.7% to record high, raises quarterly dividend
OverviewUS plush toy retailer's Q4 revenue rose 2.7% to record, full-year revenue up 6.7%Q4 diluted EPS fell to $1.26 from $1.62 on higher tariffs and labor costsCompany raised quarterly dividend by 4.5% and continued share repurchasesOutlookBuild-A-Bear sees fiscal 2026 total revenue growing in...
Reuters
Thu, Mar 12
Canada's HLS Therapeutics Q4 revenue slightly beats on Vascepa strength
OverviewCanada pharmaceutical firm's fiscal Q4 revenue declined 2% yr/yr, slightly beating analyst expectationsAdjusted EBITDA for fiscal 2025 grew 18%, driven by cost optimization and operational disciplineCompany reduced long-term debt by 26% and annual interest expense by 43% in fiscal 2025Ou...
Reuters
Thu, Mar 12
Israeli military says it targeted site used in Iran's nuclear programme
DUBAI, March 12 (Reuters) - The Israeli military said on Thursday it had in recent days targeted a site used in the Iranian nuclear programme which is identified as "Taleghan".Taleghan is a facility at the Parchin military complex which Western officials suspect is linked to Tehran's nu...
Reuters
Thu, Mar 12
JPMorgan restricts private credit lending after markdowns, Bloomberg News reports
March 12 (Reuters) - JPMorgan Chase JPM.N has restricted private credit lending after marking down the value of certain loans in their portfolios, Bloomberg News reported on Wednesday.
Reuters
Thu, Mar 12
Up to 3.2 million people displaced inside Iran by conflict, UN says
GENEVA, March 12 (Reuters) - The U.N. refugee agency said on Thursday that up to 3.2 million people have been displaced inside Iran since the conflict began on February 28."This figure is likely to continue rising as hostilities persist, marking a worrying escalation in humanitarian needs," ...
Reuters
Thu, Mar 12
China's Full Truck Alliance Q4 net income jumps 73%
OverviewChina digital freight platform's Q4 revenue rose 0.6% yr/yr on higher value-added servicesQ4 adjusted net income grew 1.1% yr/yr, net income up 73% on lower operating expensesCompany repurchased 5.3 mln ADSs for $52.4 mln and declared Q1 2026 cash dividendOutlookFull Truck Alliance expec...
Reuters
Thu, Mar 12
Vivid Seats Q4 revenue misses on weak demand
OverviewU.S. ticket marketplace's Q4 revenue fell 37% yr/yr, missing analyst expectationsAdjusted EBITDA for Q4 missed analyst expectations, dropping sharply from prior yearCompany posted large net loss due to non-cash impairment chargesOutlookVivid Seats sees Q1 2026 Marketplace GOV between $57...
Reuters
Thu, Mar 12
Canada's Empire Q3 sales slightly miss estimates on lower fuel prices
OverviewCanada food retailer's fiscal Q3 sales rose 2.1% but slightly missed analyst expectationsAdjusted EPS for fiscal Q3 increased and beat analyst expectationsCompany recognized C$746 mln e-commerce impairment, expects C$95 mln annualized income benefitOutlookEmpire expects annualized operat...
Reuters
Thu, Mar 12
Soccer-Wissa back for DR Congo's World Cup playoff
March 12 (Reuters) - Democratic Republic of Congo striker Yoane Wissa has returned to the squad for their World Cup playoff this month after missing the Africa Cup of Nations finals at the turn of the year.The Newcastle United forward suffered a knee injury playing for his country against Senegal in...
Reuters
Thu, Mar 12
Gogoro Announces $16.7 Million New Equity Investment From Gold Sino
March 12 (Reuters) - Gogoro Inc GGR.O:GOGORO ANNOUNCES US$16.7 MILLION NEW EQUITY INVESTMENT FROM GOLD SINOGOGORO INC - GOLD SINO EXPECTED TO HOLD 49% OF GOGORO SHARES AFTER INVESTMENT
Reuters
Thu, Mar 12
JFB Construction Holdings Announces Update regarding 2-for-1 Stock Split
March 12 (Reuters) - JFB Construction Holdings JFB.O:JFB CONSTRUCTION HOLDINGS ANNOUNCES UPDATE REGARDING 2-FOR-1 STOCK SPLITJFB CONSTRUCTION HOLDINGS - 2-FOR-1 STOCK SPLIT EFFECTIVE ON MARCH 24
Reuters
Thu, Mar 12
Projectile fragments hit Hapag-Lloyd container vessel near Strait of Hormuz
COPENHAGEN, March 12 (Reuters) - German shipping company Hapag-Lloyd HLAG.DE said projectile fragments have hit the container vessel 'Source Blessing' near the Strait of Hormuz.
Reuters
Thu, Mar 12
Lahontan Announces Private Placement
March 12 (Reuters) - Lahontan Gold Corp LG.V:LAHONTAN ANNOUNCES PRIVATE PLACEMENTLAHONTAN GOLD CORP - TO RAISE UP TO CDN $10 MILLION VIA PRIVATE PLACEMENT AT CDN $0.41 PER UNIT
Reuters
Thu, Mar 12
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