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Morning News Call - U.S., March 26
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
Thu, Mar 26
NATO sees sharp increase in Europe's and Canada's defence spending
BRUSSELS, March 26 (Reuters) - NATO's European allies and Canada increased defence spending by 20% in 2025 compared to the previous year in real terms, alliance chief Mark Rutte said in his annual report published Thursday, urging NATO members to keep up the momentum."I expect Allies at the ...
Reuters
Thu, Mar 26
Snapchat hit with EU probe into alleged failure to prevent child grooming, illegal goods sales
By Foo Yun CheeBRUSSELS, March 26 (Reuters) - Snap-owned SNAP.N Snapchat was hit with an EU investigation on Thursday as regulators warned that the social platform appears not to be doing enough to prevent child grooming and the sale of illegal goods.The EU probe is under the Digital Services Act, w...
Reuters
Thu, Mar 26
Commercial Metals Q2 revenue slightly beats, raises dividend
OverviewU.S. steel and construction solutions provider's fiscal Q2 revenue slightly beat analyst expectationsAdjusted EPS for fiscal Q2 missed analyst expectationsCompany repurchased shares and raised quarterly dividend by 11%OutlookCompany expects consolidated core EBITDA in Q3 to increase mean...
Reuters
Thu, Mar 26
Designer Brands Q4 net loss narrows on margin expansion
OverviewFootwear retailer's Q4 net sales were flat yr/yr, with gross margin rising 280 basis pointsAdjusted EPS for Q4 was negative, with adjusted net loss narrowing from prior yearCompany says improved gross margin driven by disciplined execution and business strengtheningOutlookDesigner Brands...
Reuters
Thu, Mar 26
Cambodian Trump deportee becomes second to be released by Eswatini, lawyers say
By Tim Cocks MBABANE, March 26 (Reuters) - A Cambodian man whom the U.S. Trump administration deported to Eswatini after he finished serving a 15-year sentence for attempted murder has been released, his lawyer said, the second of at least 19 deportees sent to the country to be freed.Eswatini aut...
Reuters
Thu, Mar 26
Trump says Iran must act quickly to salvage talks
March 26 (Reuters) - U.S. President Donald Trump said Iranian negotiators were "begging" for a deal despite what he described as having been "militarily obliterated," rejecting Tehran's public stance that it is only reviewing Washington's proposal. "They better get seriou...
Reuters
Thu, Mar 26
Putin envoy says Russia likes Zelenskiy's statement that US security guarantees are linked to Donbas withdrawal
MOSCOW, March 26 (Reuters) - Russia is pleased about Ukrainian President Volodymyr Zelenskiy statement that the U.S. is making its offer of security guarantees conditional on Kyiv ceding all of the country's eastern region of Donbas to Russia, a senior official said on Thursday.Zelenskiy's...
Reuters
Thu, Mar 26
Blackstone, Raya Holding, NRT & Sightline Partner To Invest In UAE Payments Infrastructure Platform
March 26 (Reuters) - Blackstone Inc BX.N:BLACKSTONE, RAYA HOLDING, NRT AND SIGHTLINE ANNOUNCE PARTNERSHIP TO INVEST IN UAE PAYMENTS INFRASTRUCTURE PLATFORMBLACKSTONE: FUNDS MANAGED BY BLACKSTONE HAVE INVESTED US$250 MILLION IN ADVANCED DIGITAL GAMING TECHNOLOGY
Reuters
Thu, Mar 26
China to tighten controls on price wars, boost support for overseas expansion
BEIJING, March 26 (Reuters) - China's market regulator on Thursday vowed to step up efforts to regulate destructive price wars at a meeting with leading state and private firms including CATL300750.SZ, BYD 002594.SZ and Meituan 3690.HK.The State Administration for Market Regulation said in a sta...
Reuters
Thu, Mar 26
Meituan posts another quarterly loss as food delivery wars bite
SHANGHAI, March 26 (Reuters) - Chinese food delivery leader Meituan 3690.HK posted a second quarterly loss in a row and fell just shy of revenue growth estimates on Thursday after a year of bruising, subsidy-fuelled competition in China's one-hour delivery space.Meituan has seen its revenue grow...
Reuters
Thu, Mar 26
European Parliament advances US trade deal with added safeguards
By Philip Blenkinsop BRUSSELS, March 26 (Reuters) - The European Parliament advanced legislation on Thursday to fulfil the European Union's side of its trade agreement with the United States after months of uncertainty over U.S. President Donald Trump's tariff threats and new import levy....
Reuters
Thu, Mar 26
Trump says NATO nations have done 'absolutely nothing' to help with Iran
March 26 (Reuters) - U.S. President Donald Trump said that NATO countries have done "absolutely nothing" to help with Iran."THE U.S.A. NEEDS NOTHING FROM NATO, BUT “NEVER FORGET” THIS VERY IMPORTANT POINT IN TIME!" Trump said in a Truth Social post on Thursday.
Reuters
Thu, Mar 26
OpenAI indefinitely pauses plans to release erotic chatbot, FT says
March 26 (Reuters) - OpenAI has shelved plans to release an erotic chatbot indefinitely as it looks to focus on its core products, according to a report by the Financial Times on Thursday, citing people familiar with the matter.Employees and investors have raised concerns about the effect of sexuali...
Reuters
Thu, Mar 26
Shoe Carnival Q4 sales slightly beat estimates
OverviewU.S. footwear retailer's Q4 sales slightly beat analyst expectationsFiscal 2025 net sales fell 5.6%, with Shoe Station banner sales up 2.7% organically In March 2026, Board approved a raise in quarterly dividend to $0.17 per share, marking 12th consecutive annual increaseOutlookShoe Carn...
Reuters
Thu, Mar 26
Pakistan foreign minister says Islamabad helping relay messages between U.S. and Iran
ISLAMABAD, March 26 (Reuters) - Indirect talks between the United States and Iran are taking place through messages being relayed by Pakistan, with Turkey and Egypt also helping in the effort, Pakistan's foreign minister said in a post on X on Thursday.
Reuters
Thu, Mar 26
ADNOC and OMV appoint new leadership for Borouge Group International
March 26 (Reuters) - Abu Dhabi state oil giant ADNOC and Austria's OMV said on Thursday they have appointed Roger Kearns as chief executive officer and Sultan Al Jaber as chairman of the supervisory board for Borouge Group International, a new global polyolefins company from an expected merger.B...
Reuters
Thu, Mar 26
Philip Morris Says Group CEO Jacek Olczak 2025 Total Compensation $29.1 Million
March 26 (Reuters) - Philip Morris International Inc PM.N:PHILIP MORRIS: GROUP CEO JACEK OLCZAK 2025 TOTAL COMPENSATION $29.1 MILLION VERSUS $20.2 MILLION IN 2024Source text: [ID:n0001628280-26-021169]
Reuters
Thu, Mar 26
22nd Century Group Q4 losses narrow on market expansion, improved margins
OverviewU.S. tobacco harm reduction firm's Q4 revenue fell 12% yr/yr, losses narrowedAdjusted EBITDA loss for Q4 improved to $2.4 mln from $3.9 mln yr/yrCompany ended 2025 debt-free with $7.1 mln in cashOutlookCompany prioritizes expanding VLN retail distribution and consumer awareness in 202622...
Reuters
Thu, Mar 26
Canada's Pivotree Q4 revenue falls on wind-down of legacy services
OverviewCanada frictionless commerce firm's Q4 revenue fell 18% yr/yr as legacy services declinedCompany posted C$0.5 mln net income, turning profitable from a loss a year earlierAdjusted EBITDA for Q4 was C$1.2 mln, down from C$1.7 mln in Q4 2024OutlookPivotree says 2026 strategy shifts to acce...
Reuters
Thu, Mar 26
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