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Trump orders termination of oil deal with Venezuela
WASHINGTON, Feb 26 (Reuters) - U.S. President Donald Trump on Wednesday announced a reversal of concessions given to Venezuela on an oil transaction agreement by his predecessor Joe Biden.Trump, in a post on Truth Social, said he has ordered that the agreement dated November 26, 2022 be terminated &...Reuters
Wed, Feb 26
Alphabet's Google cuts some cloud division staff, Bloomberg reports
Feb 26 (Reuters) - Alphabet's GOOGL.O Google cut employees in its cloud division, Bloomberg News reported on Wednesday, citing people familiar with the matter.The size of the layoffs or how many workers have been affected was undetermined, Bloomberg said, adding that the round of cuts impacted o...Reuters
Wed, Feb 26
US examining whether UK's encryption demand on Apple broke data treaty
Adds quote from letter, background on Apple and encryption in paragraphs 3-8; bylineBy Stephen Nellis Feb 26 (Reuters) - U.S. officials are examining whether the UK broke a bilateral agreement by reportedly demanding that Apple AAPL.O build a "backdoor" allowing the British government...Reuters
Wed, Feb 26
UBS capital rules face long delay as government changes tack on key metric
Adds comment from UBS, paragraphs 4-5By Ariane Luthi and Oliver Hirt ZURICH, Feb 26 (Reuters) - New banking rules for UBS UBSG.S could face a long delay after Switzerland's finance ministry on Wednesday said it wanted lawmakers to decide on key capital requirements and that a referendum to ap...Reuters
Wed, Feb 26
Meyer Burger bondholders approve changes for fresh capital injection
Adds background from paragraph 2 onwards Feb 26 (Reuters) - Embattled Swiss solar panel maker Meyer Burger MBTN.S said on Wednesday its bondholders have approved changes to convertible bonds maturing in 2027 and 2029 to inject fresh capital into the business and restructure existing liabilities u...Reuters
Wed, Feb 26
India court orders Amazon to pay $39 million in damages in Beverly Hills Polo Club case
By Aditya Kalra NEW DELHI, Feb 26 (Reuters) - An Indian court has ordered an Amazon AMZN.O unit to pay $39 million in damages for infringing the "Beverly Hills Polo Club" trademark after garments with identical branding were sold on Amazon's India website, a court order showed on Wedn...Reuters
Wed, Feb 26
Meyer Burger bondholders approve amends for fresh capital injection
Feb 26 (Reuters) - Embattled Swiss solar panel maker Meyer Burger MBTN.S said on Wednesday that its bondholders have approved changes to convertible bonds maturing in 2027 and 2029 to inject fresh capital into the business and restructure existing liabilities under certain convertible bonds.Reuters
Wed, Feb 26
Pirelli considers US investment to curb tariffs impact
Recasts with details of the mitigation plan MILAN, Feb 26 (Reuters) - Tyremaker Pirelli PIRC.MI will seek to limit the impact of possible tariffs, including by expanding U.S. output, it said on Wednesday, while forecasting an adjusted earnings before interest and tax (EBIT) margin of around 16% f...Reuters
Wed, Feb 26
US SEC tells unionized employees to return to office in mid-April, memo shows
NEW YORK, Feb 26 (Reuters) - The U.S. Securities and Exchange Commission has told employees who are union members they will have to return to the office in mid-April, unless they have certain exemptions, according to a memo seen by Reuters.The move follows similar efforts at the agency with its non-...Reuters
Wed, Feb 26
US Supreme Court overturns $43 mln award in 'Dewberry' trademark case
By Blake Brittain Feb 26 (Reuters) - The U.S. Supreme Court on Wednesday overturned a Virginia judge's award of $43 million to a real-estate developer, ruling that plaintiffs in trademark cases cannot recover profits from a defendants' affiliates without suing the affiliates themselves. I...Reuters
Wed, Feb 26
BUZZ-Bloomin' Brands plunges after mixed results, dour profit forecast
** Shares of Outback Steakhouse owner Bloomin' Brands BLMN.O down 17% to $9.88 on Weds after mixed Q4 report, downbeat 2025 profit outlook** Stock hits lowest levels since Jul 2020, and tracking biggest daily pct decline since Mar 7, 2022** Tampa, Florida-based casual dining restaurant operator ...Reuters
Wed, Feb 26
Investors in farm equipment maker Deere reject anti-DEI resolution
By Ross Kerber and Utkarsh Shetti Feb 26 (Reuters) - Deere DE.N investors voted overwhelmingly against a resolution aimed at its diversity, equity and inclusion efforts on Wednesday, continuing a pattern of shareholder distaste for anti-DEI measures despite Republican political pressure on execut...Reuters
Wed, Feb 26
BRIEF-Blackrock Energy & Resources Income Trust Offers Shareholders Opportunity To Vote On Continuation Of Co At AGM In March 2026
Feb 27 (Reuters) - Blackrock Energy and Resources Income Trust PLC BERI.L:BLACKROCK ENERGY & RESOURCES INCOME TRUST: TO OFFER SHAREHOLDERS OPPORTUNITY TO VOTE ON CONTINUATION OF CO AT AGM IN MARCH 2026Source text: ID:nPRrQ2975aFurther company coverage: BERI.LReuters
Wed, Feb 26
US Supreme Court seems poised to lower bar for 'reverse discrimination' suits
Adds quotes from Justices Barrett, Jackson and KaganWoman claims workplace bias because she is heterosexualLower courts ruled against plaintiff in bias lawsuitCase could lower bar for "reverse" discrimination suitsBy John Kruzel, Andrew Chung, Daniel Wiessner WASHINGTON, Feb 26 (Reuters) ...Reuters
Wed, Feb 26
France's Macron to dine with Germany's Merz on Wednesday
adds detail, backgroundPARIS, Feb 26 (Reuters) - French President Emmanuel Macron will dine with Germany's chancellor-in-waiting Friedrich Merz at the Elysee Palace in Paris on Wednesday evening, the Elysee said.The palace said the two leaders would meet for a "working dinner" but gave n...Reuters
Wed, Feb 26
BRIEF-Sencorpwhite Inc Secures Stalking Horse Bidder Msi Automate In Chapter 11 Sale Process
Feb 26 (Reuters) - Sencorpwhite Inc:SENCORPWHITE INC: SECURES STALKING HORSE BIDDER MSI AUTOMATE IN CHAPTER 11 SALE PROCESSSENCORPWHITE INC: UNDER TERMS OF APPROVED PURCHASE AGREEMENT, TOTAL CONSIDERATION TO BE PAID BY MSI IS ABOUT $40 MILLIONSource text: ID:nPn5zlz7faReuters
Wed, Feb 26
BRIEF-Renovaro & Biosymetrics Announce Definitive Merger Agreement
Feb 26 (Reuters) - Renovaro Inc RENB.O:RENOVARO AND BIOSYMETRICS ANNOUNCE DEFINITIVE MERGER AGREEMENT TO ADVANCE AI-DRIVEN BIOMARKER DISCOVERY AND PRECISION MEDICINERENOVARO: DEAL EXPECTED TO CLOSE IN MARCH 2025Source text: ID:nGNXbnCK1bFurther company coverage: RENB.OReuters
Wed, Feb 26
