News
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BRIEF-CQS Gets Second Notice From Saba Demanding General Meeting
Feb 12 (Reuters) - CQS Natural Resources Growth and Income PLC CYNL.L:RECEIPT OF REQUISITION LETTER - GENERAL MEETINGRECEIPT OF REQUISITION LETTER TO CONVENE A GENERAL MEETING OF SHAREHOLDERS FROM SABA CAPITAL MANAGEMENTNOTICE WAS SERVED WITH NO PRIOR ENGAGEMENT BY SABACOMMITTED TO ENSURING THAT OUT...Reuters
Wed, Feb 12
BRIEF-Indivior Says FDA Delays Final Review Of Sublocade Label Changes
Feb 12 (Reuters) - Indivior PLC INDV.L:DELAYED FDA APPROVAL OF SUBLOCADE LABEL CHANGESFDA DELAYS FINAL REVIEW OF SUBLOCADE LABEL CHANGESFOLLOWING ACCEPTANCE OF PROPOSED LABEL FOR SUBLOCADE, THERE WERE NO OUTSTANDING ITEMS TO ADDRESSReuters
Wed, Feb 12
South Korean free trade pact could limit impact of reciprocal Trump tariffs, economists say
By Jihoon Lee SEOUL, Feb 12 (Reuters) - South Korea's free trade agreement with the United States could help mitigate its exposure to reciprocal tariffs threatened by U.S. President Donald Trump, economists at two major investment banks have said. Trump imposed tariffs on Monday on all import...Reuters
Wed, Feb 12
BRIEF-Aoti, Inc. Says Group Revenue For 2024 Expected To Be In Excess Of $58.1 Mln
Feb 12 (Reuters) - Aoti Inc AOTI.L:TRADING UPDATE FOR THE YEAR ENDED 31 DECEMBER 2024GROUP REVENUE FOR 2024 IS EXPECTED TO BE IN EXCESS OF $58.1MCONFIDENT OF CONTINUING TO ACHIEVE GREATER THAN 30% REVENUE GROWTH IN 2025Reuters
Wed, Feb 12
Arch’s Papadopoulo expects California fires to impact pricing as company leans into property cat
By Chris MunroFeb 11 - (The Insurer) - Arch Capital Group CEO Nicolas Papadopolou has become the latest industry figure to predict that the California wildfires will impact pricing, with the Bermudian continuing to deploy capital to the property catastrophe space even as the executive said the blaze...Reuters
Wed, Feb 12
BRIEF-Maxcyte Says Enters Strategic Platform License With TG Therapeutics
Feb 12 (Reuters) - MaxCyte Inc MXCT.O:MAXCYTE, INC. MAXCYTE, INC. - MXCR - STRATEGIC PLATFORM LICENSE WITH TG THERAPEUTICSMAXCYTE INC - ENTERS STRATEGIC PLATFORM LICENSE WITH TG THERAPEUTICSMAXCYTE INC - TG THERAPEUTICS OBTAINS RIGHTS TO USE MAXCYTE TECHNOLOGYSource text: ID:nRSL7610WaFurther compa...Reuters
Wed, Feb 12
Israel sells $5 billion of bonds in international offering
JERUSALEM, Feb 12 (Reuters) - Israel sold $5 billion of five- and 10-year bonds in an international debt offering overnight, with demand reaching $23 billion, the finance ministry said on Wednesday.Some 300 different investors from more than 30 countries worldwide took part in the sale, it said.Reuters
Wed, Feb 12
Gulf fintech Tabby doubles valuation to $3.3 billion ahead of IPO
Adds background in paragraph 8By Federico Maccioni DUBAI, Feb 12 (Reuters) - Gulf fintech Tabby has more than doubled its valuation to $3.3 billion after completing a new funding round, as the buy now, pay later (BNPL) firm prepares for a stock market listing within 18 months, its chief executive...Reuters
Wed, Feb 12
Supermarket group Ahold Delhaize's fourth-quarter sales marginally beat view
Feb 12 (Reuters) - Supermarket group Ahold Delhaize AD.AS reported slightly higher-than-expected sales for the fourth quarter on Wednesday, as it saw volume recovery in the U.S. and strong performance in Europe. The Dutch group's revenue for the three months through December 31 was 23.28 bill...Reuters
Wed, Feb 12
BRIEF-Ahold Delhaize Expects 2025 Operating Margin Of Around 4%
Feb 12 (Reuters) - Koninklijke Ahold Delhaize NV AD.AS:Q4 NET SALES WERE EUR 23.3 BILLION, UP 0.6% AT CONSTANT EXCHANGE RATES AND UP 1.0% AT ACTUAL EXCHANGE RATESQ4 UNDERLYING OPERATING MARGIN WAS 4.1%, A DECREASE OF 0.2 PERCENTAGE POINTS2025 OUTLOOK: UNDERLYING OPERATING MARGIN OF AROUND 4%; MID- T...Reuters
Wed, Feb 12
Australia won't curb 'green' aluminium exports to US to avoid tariff, says minister
By Kirsty Needham SYDNEY, Feb 12 (Reuters) - Australia's industry minister said on Wednesday the nation's plan to boost "green" aluminium exports would not be derailed by the threat of U.S. tariffs, saying American customers would only end up paying more for a product in global de...Reuters
Wed, Feb 12
China's purchases of chipmaking equipment to decline in 2025, consultancy says
By Che Pan and Brenda Goh BEIJING/SHANGHAI, Feb 12 (Reuters) - China's purchases of chipmaking equipment are set to decline this year after three years of growth, as the industry grapples with overcapacity and faces greater constraints from U.S. sanctions, a consultancy said on Wednesday. Chi...Reuters
Wed, Feb 12
Russia says it rescues all 139 fishermen stranded on ice floe in Western Pacific sea
Recasts to say all 139 fishermen rescued in paragraphs 1-5Feb 12 (Reuters) - Russia's emergency services said on Wednesday that it had rescued all 139 fishermen stranded on an ice floe drifting in the Sea of Okhotsk in the Western Pacific.Earlier, the ministry said that about 300 were stranded a...Reuters
Wed, Feb 12
BRIEF-Avance Gas Declares Distribution Of Co Shares, Return Of Capital Of $5.25 Per Share For Q4 2024
Feb 12 (Reuters) - Avance Gas Holding Ltd AGAS.OL:DECLARED A COMBINED DISTRIBUTION OF CO SHARES AND RETURN OF CAPITAL OF $5.25 PER SHARE FOR Q4 2024Source text: ID:nGNE3NVfcWFurther company coverage: AGAS.OLReuters
Wed, Feb 12
CORRECTED-SoftBank posts third-quarter loss of $2.4 billion
Correct Vision Fund investment result in paragraph 3 to loss.TOKYO, Feb 12 (Reuters) - Japanese technology investor SoftBank Group 9984.T booked a net loss of 369.2 billion yen ($2.4 billion) in the October-December quarter as valuations at its Vision Fund investment arm fell.That compares to an LSE...Reuters
Wed, Feb 12
BRIEF-Japan Display Inc - Strategic Investment In Oledworks, Global Leader In Multi-Stack Oled, And Partnership To Bring World-Leading Advanced Display Manufacturing To U.S
Feb 12 (Reuters) - Japan Display Inc 6740.T:JAPAN DISPLAY INC - STRATEGIC INVESTMENT IN OLEDWORKS, GLOBAL LEADER IN MULTI-STACK OLED, AND PARTNERSHIP TO BRING WORLD-LEADING ADVANCED DISPLAY MANUFACTURING TO U.SSource text: [ID:]Further company coverage: 6740.TReuters
Wed, Feb 12
Trump threats should not be taken seriously, says Heidelberger Druck CEO
FRANKFURT, Feb 12 (Reuters) - Everything U.S. President Donald Trump says should not be taken seriously, said the CEO of German offset printing presses maker Heidelberger Druckmachinen in remarks published on Wednesday. "You can't take everything he says seriously, the president, he always p...Reuters
Wed, Feb 12
PRESS DIGEST -Wall Street Journal - February 12
Feb 12 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy. - U.S. President Donald Trump's advisers and allies have examined whether it is possible to collapse the Federal Deposit Insurance Co...Reuters
Wed, Feb 12
Baidu to release next-generation AI model this year, source says
Recast with new sourcing; adds background in paragraphs 3-8 Feb 12 (Reuters) - China's Baidu 9888.HK is set to launch the next iteration of its artificial intelligence model in the second half of 2025, a person with direct knowledge of the matter told Reuters.The new model, Ernie 5, will feat...Reuters
Wed, Feb 12
