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Star chef Redzepi steps away from Noma, acknowledging past harm to staff
Ex-employees allege physical, psychological harmNoma regularly ranked among world's best restaurantsRedzepi stepping away from 'daily operations', Noma saysCOPENHAGEN, March 12 (Reuters) - Danish chef Rene Redzepi, whose Michelin-starred Noma restaurant made him a culinary celebrity, is ...Reuters
Thu, Mar 12
Blue Owl Keeps Chasing AI Infrastructure Deals And Is Writing The Loans To Back Them- Business Insider
March 12 (Reuters) - BLUE OWL KEEPS CHASING AI INFRASTRUCTURE DEALS AND IS WRITING THE LOANS TO BACK THEM-BUSINESS INSIDERBLUE OWL RECENTLY AGREED TO PROVIDE $240 MILLION OF FINANCING FOR A DATA CENTER IN MINNEAPOLIS THAT WAS PURCHASED BY CLOUD CAPITAL AND ARCAPITA GROUP- BUSINESS INSIDERSource tex...Reuters
Thu, Mar 12
Iran Parliament Speaker warns US not to show 'aggression' against Iranian islands
DUBAI, March 12 (Reuters) - Any U.S. aggression against Iranian islands in the Gulf will prompt Tehran to "abandon all restraint", Iranian Parliament Speaker Mohammad Baqer Qalibaf said on X on Thursday. Several Iranian islands, including Kharg, are critical energy export terminals. Others ...Reuters
Thu, Mar 12
Kremlin condemns 'reckless' Ukrainian attack on Gazprom pumping station
MOSCOW, March 12 (Reuters) - The Kremlin condemned on Thursday what it called a reckless attack by Ukraine on a gas pumping station operated by Russian energy giant Gazprom GAZP.MM that is part of a network sending gas to European customers.Gazprom said two of its pumping stations were attacked over...Reuters
Thu, Mar 12
Italy's Leonardo steps up move into digital defence as it lifts growth targets
ROME, March 12 (Reuters) - Italian defence and aerospace group Leonardo LDOF.MI said on Thursday it was stepping up investment in computing, artificial intelligence and cybersecurity over the next five years as it aims to evolve into a high-profile digital defence player.Under the last industrial pl...Reuters
Thu, Mar 12
China's EHang Q4 revenue rises on record eVTOL deliveries
OverviewChina advanced air mobility firm's Q4 revenue rose 48% yr/yr on record eVTOL deliveriesCompany posted first GAAP profitable quarter, with net income turning positive yr/yrQ4 results driven by record 100 eVTOL aircraft deliveries, including new VT35 modelOutlookEHang expects 2026 revenue ...Reuters
Thu, Mar 12
Brazil's CSN Q4 Adjusted EBITDA 3.33 Bln Reais Vs IBES Estimate 2.73 Bln Reais
March 12 (Reuters) - Companhia Siderurgica Nacional SA CSNA3.SA:BRAZIL'S CSN Q4 ADJUSTED EBITDA 3.33 BILLION REAIS VERSUS IBES ESTIMATE 2.73 BILLION REAISBRAZIL'S CSN Q4 NET REVENUE 11.4 BILLION REAIS VERSUS IBES ESTIMATE 10.94 BILLION REAISBRAZIL'S CSN Q4 NET LOSS 721.2 MILLION REAISReuters
Thu, Mar 12
Deals of the day-Mergers and acquisitions
March 12 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Thursday:UK's Savills said it would buy real estate investment bank Eastdil Secured in a $1.1 billion deal, including debt, as it looks to expand in North America and deepen it...Reuters
Thu, Mar 12
HSBC, StanChart most exposed to Mideast conflict among European banks, J.P. Morgan warns
March 12 (Reuters) - Among major European banks, HSBC HSBA.L and Standard Chartered STAN.L are most exposed to the conflict in the Middle East, potentially pressuring earnings, J.P. Morgan cautioned on Thursday.Earlier this week, the STOXX 600 Banks index .SX7P touched a three-month low, having fall...Reuters
Thu, Mar 12
RTL Group expects streaming unit to turn profit in 2026
By Cian Muenster and Emanuele Berro March 12 (Reuters) - European broadcaster RTL Group RRTL.DE expects its streaming business to be profitable in 2026, it said on Thursday, as the company aims to reduce losses incurred through aggressive expansion.The VOX broadcaster expects streaming business ...Reuters
Thu, Mar 12
Tesla’s New Cybercab, A Vehicle Without A Steering Wheel Or Pedals, Rolled Off Its Austin Production Line Last Month- WSJ
March 12 (Reuters) - TESLA’S NEW CYBERCAB, A VEHICLE WITHOUT A STEERING WHEEL OR PEDALS, ROLLED OFF ITS AUSTIN PRODUCTION LINE LAST MONTH- WSJCYBERCAB BEGINS MASS PRODUCTION IN APRIL-WSJTESLA IS DESIGNING THE PRODUCTION LINE TO MAKE HUNDREDS OF CYBERCABS A WEEK.- WSJSource text: https://tinyurl.com/...Reuters
Thu, Mar 12
U.S. must honour EU-US deal in tariff investigations, senior EU lawmaker says
BRUSSELS, March 12 (Reuters) - The European Union should only accept new U.S. tariffs that recreate the substance of the deal agreed between the two sides in Scotland last year, the chair of the European Parliament's trade committee said on Thursday.Bernd Lange said Washington's launch of ne...Reuters
Thu, Mar 12
ProFrac Q4 revenue rises but net loss widens
OverviewU.S. hydraulic fracturing firm's Q4 revenue rose sequentiallyAdjusted EBITDA for Q4 increased 49% from Q3, driven by higher activity and cost controlsCompany's net loss widened due to impairment costs pushing up operating expensesOutlookProFrac expects Stimulation Services segment...Reuters
Thu, Mar 12
REFILE-Iran war unsettles India's packaged water makers as bottles, caps get pricey
Higher polymer prices hurt bottled water industryIndustry worth $5 billion has big multinational players like Pepsi, Coca-Cola No retail impact yet but distributors feel the pinchAava mineral water raises prices for resellers by 18%By Aditya Kalra NEW DELHI, March 12 (Reuters) - The Iran war is r...Reuters
Thu, Mar 12
UK's Savills buys Eastdil Secured for $1.1 billion to expand US presence but Middle East tensions hit shares
Savills aims to expand in North America and capital marketsEastdil Secured generates 76% revenue from North AmericaDeal expected to boost underlying earnings per share by 2027Shares drop amid Middle East tensions March 12 (Reuters) - UK's Savills SVS.L said on Thursday it would buy real estat...Reuters
Thu, Mar 12
Russia says Ukraine tried to attack TurkStream gas pumping station, news agencies report
MOSCOW, March 12 (Reuters) - Russia's defence ministry said on Thursday that Ukraine had attempted to attack a gas pumping station operated by Gazprom that exports natural gas via the TurkStream subsea pipeline to European customers, Russian news agencies reported.There was no damage to the stat...Reuters
Thu, Mar 12
BMW monitoring situation in 'important' Middle East market, sales chief says
BERLIN, March 12 (Reuters) - BMW BMWG.DE is monitoring the situation in the Middle East, an important luxury market for its Rolls-Royce subsidiary, the company's sales chief said on Thursday."The Middle East is an important market, and in this respect we simply have to observe what happens i...Reuters
Thu, Mar 12
Lilly finds impurity in compounded version of its weight-loss drug, warns of health risks
Lilly warns of impurity in compounded tirzepatide with vitamin B12, calls for recallCompounders have argued products are legal and safeFDA has issued warning letters to compounders for making misleading claimsBy Leah Douglas WASHINGTON, March 12 (Reuters) - Compounded weight-loss drugs that conta...Reuters
Thu, Mar 12
Eli Lilly Issues Warning About Potential Safety Risks Of Tirzepatide Compounded With Vitamin B12
March 12 (Reuters) - Eli Lilly and Co LLY.N:AN OPEN LETTER FROM ELI LILLY AND COMPANY WARNING OF POTENTIAL PATIENT SAFETY RISKS ASSOCIATED WITH TIRZEPATIDE COMPOUNDED WITH VITAMIN B12ELI LILLY: ISSUING A PUBLIC WARNING ABOUT POTENTIAL SAFETY RISKS ASSOCIATED WITH COMPOUNDED TIRZEPATIDE MIXED WITH VI...Reuters
Thu, Mar 12
