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CORRECTED-SK Hynix plans to set up US unit for AI investment, media reports
SEOUL, Jan 27 (Reuters) - SK Hynix 000660.KS is considering establishing a unit focusing on artificial intelligence investment, the company said on Tuesday, after a media report that it will be set up in the United States. SK Hynix, a South Korean chipmaker and major supplier of advanced AI chips to...Reuters
Tue, Jan 27
Applied Industrial Q2 sales, profit just short of estimates
OverviewIndustrial distributor's fiscal Q2 net sales rose 8.4% yr/yr, slightly missing analyst expectationsNet income for fiscal Q2 slightly missed analyst expectationsCompany announced acquisition of Thompson Industrial Supply Inc.OutlookApplied Industrial Technologies sees fiscal 2026 EPS at $...Reuters
Tue, Jan 27
FACTBOX-From Australia to Europe, countries move to curb children's social media access
Jan 27 (Reuters) - Australia in December became the world's first country to ban social media for children under 16, blocking them from platforms including TikTok, Alphabet's GOOGL.O YouTube and Meta's META.O Instagram and Facebook.The ban is being closely watched by other countries cons...Reuters
Tue, Jan 27
Kimberly-Clark Q4 adjusted EPS rises 24%, organic sales up 2.1%
OverviewConsumer goods company's Q4 organic sales grew 2.1% despite a 0.6% decline in net salesAdjusted EPS for Q4 rose 24% yr/yr, driven by strong operating profitCompany's strategic transformation includes exiting private label diaper businessOutlookKimberly-Clark expects 2026 organic sale...Reuters
Tue, Jan 27
General Motors Q4 revenue misses estimates
OverviewAutomaker's Q4 revenue missed analyst expectations, but adjusted EPS beat estimatesQ4 net loss driven by EV capacity realignment and policy changesCompany declared a 20% higher dividend and $6.0 bln share repurchaseOutlookGM expects 2026 net income between $10.3 bln and $11.7 blnCompany ...Reuters
Tue, Jan 27
JetBlue posts bigger-than-expected Q4 loss
OverviewU.S. airline's Q4 2025 operating revenue fell 1.5% yr/yrAdjusted loss per share for Q4 missed analyst expectationsJetForward initiative contributed $305 mln to EBIT in 2025OutlookJetBlue targets $850-$950 mln incremental EBIT from JetForward by 2027Company expects 2026 RASM growth of 2.0...Reuters
Tue, Jan 27
Synchrony Financial profit hit by restructuring charge, higher costs
Jan 27 (Reuters) - Credit card issuer Synchrony Financial SYF.N reported a lower fourth-quarter profit on Tuesday, hit by a restructuring charge and higher expenses. The Stamford, Connecticut-based bank's profit was $751 million, or $2.04 per share, in the three months ended December 31, compa...Reuters
Tue, Jan 27
Cgi And Openai Announce Collaboration To Help Clients Achieve Business Outcomes From Advanced AI
Jan 27 (Reuters) - CGI Inc GIBa.TO:CGI AND OPENAI ANNOUNCE COLLABORATION TO HELP CLIENTS ACHIEVE BUSINESS OUTCOMES FROM ADVANCED AICGI - WILL EXPAND USE OF OPENAI'S CHATGPT ENTERPRISE PLATFORM TO EQUIP ITS CONSULTANTS & EXPERTS UNDER NEW AGREEMENTFurther company coverage: [GIBa.TO]Reuters
Tue, Jan 27
Collective Mining Expands the Ramp Zone by Drilling its Highest-Grade, Northeasternmost and Deepest Intercept Ever: 58.10 Metres at 21.33 g/t Gold
Jan 27 (Reuters) - Collective Mining Ltd CNL.TO:COLLECTIVE MINING EXPANDS THE RAMP ZONE BY DRILLING ITS HIGHEST-GRADE, NORTHEASTERNMOST AND DEEPEST INTERCEPT EVER: 58.10 METRES AT 21.33 G/T GOLDReuters
Tue, Jan 27
Surf Air Mobility Partners with the Hawaii Department of Transportation and BETA Technologies to Advance Electric Aviation in Hawaii with eIPP Application
Jan 27 (Reuters) - Surf Air Mobility Inc SRFM.N:SURF AIR MOBILITY PARTNERS WITH THE HAWAII DEPARTMENT OF TRANSPORTATION AND BETA TECHNOLOGIES TO ADVANCE ELECTRIC AVIATION IN HAWAII WITH EIPP APPLICATIONReuters
Tue, Jan 27
Matador Resources Increases Hedge Position And Provides Updates On 2025 A&D Activity And Improved Well Performance
Jan 27 (Reuters) - Matador Resources Co MTDR.N:MATADOR RESOURCES INCREASES HEDGE POSITION AND PROVIDES UPDATES ON 2025 A&D ACTIVITY AND IMPROVED WELL PERFORMANCEMATADOR RESOURCES CO - HEDGES 35%-40% OF 2026 OIL PRODUCTION WITH COSTLESS COLLARSReuters
Tue, Jan 27
Kimberly-Clark tops quarterly profit estimates on cost cuts, essential products demand
Jan 27 (Reuters) - Kimberly-Clark KMB.N exceeded quarterly profit expectations on Tuesday, helped by cost controls and steady demand for its products including Huggies diapers and Kleenex tissues.The Dallas-based company has cut jobs and sold low-margin and non-essential businesses such as its priva...Reuters
Tue, Jan 27
General Motors' core profit rises on higher demand for SUVs, pickup trucks
By Kalea Hall and Nathan GomesJan 27 (Reuters) - General Motors GM.N reported a higher fourth-quarter core profit on Tuesday, helped by stronger sales of its affordable crossover SUVs and pickup trucks through the year. Its pre-tax earnings on an adjusted basis rose about 13% to $2.84 billion compar...Reuters
Tue, Jan 27
German, French ministers aim to boost EU competitiveness with new format
By Christian KraemerBERLIN, Jan 27 (Reuters) - Finance ministers from Germany and France want to strengthen competitiveness within the EU by introducing a new format of the bloc's six leading economies, a letter from the German minister seen by Reuters showed.EU economies are trying to reduce th...Reuters
Tue, Jan 27
FTSE Russell proposes cutting free‑float bar to lure foreign firms
LONDON, Jan 27 (Reuters) - FTSE Russell, the index provider, is considering lowering to 10% the minimum free‑float requirement for foreign‑incorporated companies listed in London in one of its FTSE UK benchmarks. The cut from the current level of 25% would bring foreign companies in the FTSE UK Inde...Reuters
Tue, Jan 27
PREVIEW-Big Tech earnings to test AI rally as resurgent Alphabet takes lead
Alphabet shares surge on strong AI model reception, Apple dealAI bubble fears persist despite cloud revenue growthMicrosoft faces AI capacity constraints until JuneMeta's spending, hiring spree likely to weigh on profit growth By Aditya Soni Jan 27 (Reuters) - Microsoft and Meta will kick off...Reuters
Tue, Jan 27
US planning CIA foothold in post-Maduro Venezuela, CNN reports
Jan 27 (Reuters) - The United States is working to establish a permanent CIA presence in Venezuela after ousting former President Nicolas Maduro, CNN reported on Tuesday citing sources familiar with the matter. While the State Department will serve as the primary long-term U.S. diplomatic presence i...Reuters
Tue, Jan 27
EXCLUSIVE-German firms' China investments driven to four-year high by US trade wars
German corporate investments in China at 4-year highCorporate investments exceeded 7 billion euros in 2025Germany seeks to diversify in light of trade tensionsBy Rene Wagner and Christoph Steitz BERLIN/FRANKFURT, Jan 27 (Reuters) - Investments by German companies in China hit a four-year high in ...Reuters
Tue, Jan 27
