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BRIEF-Eden Innovations Says Eden Real Estate LLC Executed Binding Variation Agreement
Feb 13 (Reuters) - Eden Innovations Ltd EDE.AX:EDEN REAL ESTATE LLC EXECUTED BINDING VARIATION AGREEMENT TO AMEND SALE & PURCHASE CONTRACTDEAL FOR US$5 MILLIONSALE AND PURCHASE CONTRACT TO SELL INDUSTRIAL PROPERTY LOCATED IN GEORGIA, USAFurther company coverage: EDE.AXReuters
Thu, Feb 13
PAG raises $4 billion in Asia-focused real estate fund
New fund will focus primarily on JapanPAG says corporate governance reform, liquidity make Japan appealingPAG to deploy about 25% to 30% of the new fund to Japan data centre investmentsBy Kane Wu HONG KONG, Feb 13 (Reuters) - Asian Investment firm PAG on Thursday announced its 10th Asia-focused o...Reuters
Thu, Feb 13
Nestle CEO defends packaged food ahead of Robert F. Kennedy Jr. confirmation
By Richa Naidu LONDON, Feb 13 (Reuters) - Packaged food provides safe, quality nutrition for people and reduces waste, Nestle's NESN.S CEO said on Thursday, defending his company's products when asked how he would navigate incoming U.S. health secretary Robert F. Kennedy Jr.'s critici...Reuters
Thu, Feb 13
Covid-19 BI reserve releases drive 91% jump in IAG’s half-year profit
By Ryan HewlettFeb 13 - (The Insurer) Insurance Australia Group (IAG) on Thursday reported a 91 percent jump in profit after tax for the first half of its fiscal year, driven largely by the release of pandemic-related business interruption (BI) reserves and lower-than-anticipated weather losses.Net ...Reuters
Thu, Feb 13
BRIEF-Honda CEO Mibe - Became Aware That Realising Integration Would Require Making Decision That Would Incur Pain Swiftly
Feb 13 (Reuters) - Nissan Motor Co Ltd 7201.T:HONDA CEO MIBE: BECAME AWARE THAT REALISING INTEGRATION WOULD REQUIRE MAKING DECISION THAT WOULD INCUR PAIN SWIFTLYHONDA CEO MIBE: WE WERE AWARE OF POSSIBILITIES THAT TIE-UP DEAL COULD BE SCRAPPEDHONDA CEO MIBE: BUT WHAT WAS MORE FEARFUL WAS WE WOULD ...Reuters
Thu, Feb 13
South Korea can negotiate with US on tariffs, acting president says
SEOUL, Feb 13 (Reuters) - South Korea's Acting President Choi Sang-mok said on Thursday the country should be able to negotiate with the Trump administration on tariffs as its investment in the United States is sizeable."We have things to give to the United States, because many companies, su...Reuters
Thu, Feb 13
Lancashire estimates $145mn-$165mn net LA wildfire losses
By Rebecca DelaneyFeb 13 - (The Insurer) - Lancashire Holdings has revealed that it expects aggregate net ultimate losses of between $145mn and $165mn in relation to the recent Southern California wildfires.In an update on Wednesday morning, Lancashire confirmed that the loss estimate falls within i...Reuters
Thu, Feb 13
German defence minister says Russia would remain a threat
FRANKFURT, Feb 13 (Reuters) - German Defence Minister Boris Pistorius said on Thursday that Russia would be remain a threat to Europe's security even if an agreement for peace in Ukraine can be reached."It would be naive to believe that this threat, even after any peace agreement whenever it...Reuters
Thu, Feb 13
Germany regrets US concessions to Russia before peace talks have started
BRUSSELS, Feb 13 (Reuters) - Ukraine's possible NATO membership and the question whether it should concede any territory to Russia should not be taken off the table before peace talks with Russia start, Germany's Defence Minister Boris Pistorius said on Thursday.Pistorius said he regretted t...Reuters
Thu, Feb 13
Barclays extends Chairman Higgins' tenure by three years
Adds detail and background from paragraph 2By Stefania Spezzati LONDON, Feb 13 (Reuters) - Barclays BARC.L has extended the chairmanship of Nigel Higgins for another three years as the bank looks to push ahead with a turnaround plan unveiled last year, the lender said in its annual report on Thu...Reuters
Thu, Feb 13
There must be no imposed peace in Ukraine, says Germany's Scholz
BERLIN, Feb 13 (Reuters) - There must be no imposed peace in Ukraine and any solution to the conflict must involve the United States, German Chancellor Olaf Scholz said in an interview with Politico released on Thursday."It is very clear to me that there must be no solution that does not also in...Reuters
Thu, Feb 13
Airline market under pressure as expected losses approach annual net premium levels
By Michael JonesFeb 13 - (The Insurer) - A number of aviation incidents over the past six weeks have placed significant pressure on the airline segment as market loss estimates approach annual net premium levels, multiple senior aviation market sources told The Insurer.YTD insured market loss expect...Reuters
Thu, Feb 13
China proposes Putin-Trump summit to end Ukraine war, WSJ reports
China floated proposal to hold Putin-Trump summit - WSJChinese foreign ministry says it has "no information" to offerChina "happy" to see Russia, U.S. strengthening communicationAdds comments from Chinese foreign ministry throughoutBy Mei Mei Chu and Ryan Woo BEIJING, Feb 13 (Reut...Reuters
Thu, Feb 13
German foreign minister: Europe needs to be involved in Ukraine talks
Adds quote on coordination, adds SPD co-leader, background on joint statement FRANKFURT, Feb 13 (Reuters) - German foreign minister Annalena Baerbock said on Thursday that Ukraine and Europe need to be involved in peace talks about Ukraine, after the U.S. president and the Russian president discu...Reuters
Thu, Feb 13
BRIEF-Barclays CEO Venkatakrishnan's 2024 Max Total Pay At 10 Mln Pounds - Annual Report
Feb 13 (Reuters) - Barclays PLC BARC.L:BARCLAYS SETS GROUP CEO C.S. VENKATAKRISHNAN'S 2024 MAX TOTAL PAY AT 10 MILLION POUNDS - ANNUAL REPORTBARCLAYS SETS GROUP FINANCE DIRECTOR ANNA CROSS' 2024 MAX TOTAL PAY AT 6.1 MILLION POUNDS - ANNUAL REPORTSource text: [ID:]Further company coverage: BA...Reuters
Thu, Feb 13
Barclays sets new performance goals as 2024 pretax profit rises
Adds details throughoutBy Sinead Cruise and Chandini Monnappa LONDON, Feb 13 (Reuters) - Barclays BARC.L upped its 2025 performance guidance on Thursday after posting a 24% rise in annual pretax profit for 2024 that beat expectations, as its investment bank enjoyed strong income growth and slower...Reuters
Thu, Feb 13
Europe is responsible for stopping Russian war machine, Hegseth says
BRUSSELS, Feb 13 (Reuters) - It is Europe's responsibility to stop the Russian "war machine", U.S. Defense Secretary Pete Hegseth told reporters before a meeting with NATO ministers in Brussels on Thursday.Hegseth repeated his call for increased defence spending by NATO countries, which ...Reuters
Thu, Feb 13
Barclays Chairman Higgins has tenure extended by three years
LONDON, Feb 13 (Reuters) - Barclays BARC.L has extended the chairmanship of Nigel Higgins for another three years as the bank looks to push ahead with a turnaround plan unveiled last year, the lender said in its annual report on Thursday.Reuters
Thu, Feb 13
BRIEF-Barclays Reports Annual Profit Before Tax Of £8.1 Bln
Feb 13 (Reuters) - Barclays PLC BARC.L:FY24 GROUP STATUTORY ROTE OF 10.5% (TARGET OF GREATER THAN 10%)FY24 GROUP NET INTEREST INCOME (NII) EXCLUDING BARCLAYS INVESTMENT BANK (IB) AND HEAD OFFICE OF £11.2BNTOTAL CAPITAL DISTRIBUTIONS OF £3.0BN ANNOUNCED IN RELATION TO 2024, BROADLY IN LINE WITH 2023 ...Reuters
Thu, Feb 13
