News
Important Only
UK says Microsoft/OpenAI partnership does not need anti-trust investigation
LONDON, March 5 (Reuters) - Britain's competition authority said on Wednesday that Microsoft's partnership with OpenAI Inc does not qualify for investigation under the merger provisions of the Enterprise Act 2002.Reuters
Wed, Mar 5
UK's CMA Says Microsoft/OpenAI Partnership Does Not Qualify For Investigation
March 5 (Reuters) - Competition and Markets Authority: COMPETITION AND MKTS - MERGER UPDATE: MICROSOFT CORPORATION / OPENAI, INCUK'S CMA: DECIDED THAT MICROSOFT / OPENAI PARTNERSHIP DOES NOT QUALIFY FOR INVESTIGATIONReuters
Wed, Mar 5
Abercrombie & Fitch forecasts annual sales growth below estimates
March 5 (Reuters) - Abercrombie & Fitch ANF.N on Wednesday forecast annual sales growth below estimates as consumer spending on pricier apparel remains weak.The company expects annual net sales to grow in the range of 3% to 5%, compared with market expectations of 6.77% growth, according to data...Reuters
Wed, Mar 5
Morning News Call - U.S., March 5
To access a PDF version of this newsletter, please click hereYou can read Morning News Call -- US via TOPNEWS U.S. Companies page.If you would like to receive this newsletter through your email, please register at:https://solutions.lseg.com/MorningNewsCallEN-subscription-pageFor Morning News Call Ca...Reuters
Wed, Mar 5
Germany's Scholz, Ukraine's Zelenskiy agree Trump is key in peace talks, says spokesperson
BERLIN, March 5 (Reuters) - Germany's outgoing chancellor, Olaf Scholz, affirmed during a call with Ukrainian President Volodymyr Zelenskiy on Wednesday that U.S. President Donald Trump had a key role in negotiations with Russia, according to a German government spokesperson."The chancellor ...Reuters
Wed, Mar 5
Jazz Pharmaceuticals to buy Chimerix for $935 million
March 5 (Reuters) - Jazz Pharmaceuticals JAZZ.O will acquire biotech firm Chimerix CMRX.O for about $935 million in cash to gain access to its lead drug candidate to treat a rare brain tumor, the companies said on Wednesday.Under the terms of the deal, Jazz will pay $8.55 per share in cash, which re...Reuters
Wed, Mar 5
Advantage Solutions Inc expected to post earnings of 12 cents a share - Earnings Preview
Advantage Solutions Inc ADV.OQ ADV.O is expected to show a fall in quarterly revenue when it reports results on March 7 for the period ending December 31 2024The Clayton Missouri-based company is expected to report a 20.0% decrease in revenue to $863.41 million from $1.08 billion a year ago, accor...Reuters
Wed, Mar 5
Cutera Inc And Subsidiary Files For Chapter 11 Bankruptcy
March 5 (Reuters) - Cutera Inc CUTR.O:CUTERA INC - AND SUBSIDIARY FILE FOR CHAPTER 11 BANKRUPTCYCUTERA: ON MAR 4, DEBTORS ENTERED INTO A RESTRUCTURING SUPPORT AGREEMENT WITH CERTAIN HOLDERS OF SENIOR NOTESCUTERA INC - RESTRUCTURING INCLUDES EQUITIZATION OF $429.1 MILLION SENIOR NOTES CLAIMSCUTERA IN...Reuters
Wed, Mar 5
Ye be gone: Adidas sells last pair of Yeezy sneakers
By Helen Reid and Linda Pasquini HERZOGENAURACH, Germany, March 5 (Reuters) - Adidas ADSGn.DE sold its last pair of Yeezy sneakers at the end of 2024, the sportswear brand said on Wednesday, ending the process of liquidating stock of the lucrative shoe partnership with rapper Ye after splitting f...Reuters
Wed, Mar 5
US charges individual in 2021 attack on US troops in Afghanistan
WASHINGTON, March 5 (Reuters) - The United States has charged Mohammad Sharifullah with helping to plan an attack that killed 13 U.S. service members during the withdrawal from Afghanistan in 2021, the U.S. Department of Justice said, adding that a hearing is scheduled at a federal court in Virginia...Reuters
Wed, Mar 5
Soccer-World Cup 2026 final in New Jersey to feature halftime show
March 5 (Reuters) - The 2026 World Cup final will feature its first ever halftime show, FIFA president Gianni Infantino said on Wednesday.The 48-team World Cup, co-hosted by the United States, Canada, and Mexico, will run from June 11 to July 19, 2026. The tournament will feature 104 matches instead...Reuters
Wed, Mar 5
ADVISORY-Alert on ExxonMobil polymers campaign withdrawn
An alert on ExxonMobil XOM.N presenting its polymers at a conference in Brazil and campaigning for the industry to "Bring Your Impossible" was inadvertently published and has been withdrawn.There will be no substitute. STORY_NUMBER: nTUACFPNRSTORY_DATE: March 5, 2025STORY_TIME: 1200 GMTReuters
Wed, Mar 5
US cuts off intelligence sharing with Ukraine, FT reports
March 5 (Reuters) - The United States has cut off intelligence-sharing with Kyiv in a move that could seriously hamper the Ukrainian military's ability to target Russian forces, the Financial Times reported on Wednesday, citing officials familiar with the matter.Reuters
Wed, Mar 5
Malaysia to pay Arm Holdings $250 million for chip design blueprints
Sum to be paid over 10 years Malaysia aims to produce advanced chips within a decadeArm to open first Southeast Asian office in Malaysian capitalDeal includes training 10,000 engineers in MalaysiaBy Danial Azhar KUALA LUMPUR, March 5 (Reuters) - Malaysia will pay Arm Holdings O9Ty.F $250 million ...Reuters
Wed, Mar 5
Four Islamic State-affiliated militants killed in Dagestan, Russia says
Militants killed in Russia's DagestanFSB shot dead man planning attacks this weekBy Guy Faulconbridge and Lidia Kelly MOSCOW, March 5 (Reuters) - Russian counter-terrorism forces killed four militants affiliated with the Islamic State jihadi group who were plotting an attack in the mainly Mus...Reuters
Wed, Mar 5
Germany sells 30-year bond as borrowing costs surge
LONDON, March 5 (Reuters) - Germany was set to raise 5 billion euros from a new 30-year bond on Wednesday, according to LSEG's IFR, just as its borrowing costs surged after parties seeking to form its next government agreed on a historic debt overhaul to revamp defence spending and the economy.T...Reuters
Wed, Mar 5
Euro area yields, stocks, euro jump as German parties agree on fiscal loosening
March 5 (Reuters) - German long-dated bonds saw their worst selloff in years and the euro jumped to its highest level in almost four months on Wednesday after the parties in talks to form Germany's new government agreed to try to loosen the country's fiscal rules.
Reuters
Wed, Mar 5
