News
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Estee Lauder raises annual sales forecast
Feb 5 (Reuters) - Cosmetics maker Estee Lauder EL.N raised its annual sales forecast on Thursday, betting on improving China sales and benefits from CEO Stephane de La Faverie's turnaround plans.The company expects full-year net sales to grow between 3% and 5%, compared with a prior range of a 2...Reuters
Thu, Feb 5
Canadian pension funds to exit UK's Associated British Ports in over $13 billion deal, FT reports
Feb 5 (Reuters) - Two Canadian pension funds plan to sell their stakes in Associated British Ports (ABP) in a deal that they hope will value the UK's biggest ports operator at more than 10 billion pounds ($13.63 billion), the Financial Times reported on Thursday. The Canada Pension Plan Investm...Reuters
Thu, Feb 5
Cigna 2026 forecast misses Wall Street expectations
Feb 5 (Reuters) - Cigna CI.N on Thursday forecast 2026 profit and revenue below Wall Street expectations, signaling continued medical cost and margin pressure. U.S. insurers have faced high costs over the last two years, as they battled increased demand for medical services in government-backed plan...Reuters
Thu, Feb 5
Starlink fuels SpaceX growth with potential phone, more internet services
SpaceX plans Starlink phone, direct-to-device internetStarlink drives SpaceX revenue, accounting for 50%-80%Stargaze to monitor satellite traffic in Earth's lower orbitsBy Joey Roulette WASHINGTON, Feb 5 (Reuters) - With a SpaceX IPO expected this year, the company has plans for its revenue-g...Reuters
Thu, Feb 5
IN CASE YOU MISSED IT–Schedule of Reuters features from this week
Feb 5 - Every week, Reuters journalists produce scores of multimedia features and human-interest stories from around the world.Below are some stories from this week selected by our editors, as well as explanatory context and background to help you understand world headlines. For a full schedule of n...Reuters
Thu, Feb 5
ANALYSIS-Big US banks boost Washington lobbying muscle as policy fights heat up
Banks increase lobbying amid policy shifts, crypto's rise, populist streakLobbying spending by banks rose 12% in 2025, largest jump since 2011Crypto lobby spending surged 66% but remains below banking industry's effortsBy Douglas Gillison WASHINGTON, Feb 5 (Reuters) - Big U.S. banks' ...Reuters
Thu, Feb 5
EXCLUSIVE-Justice Department unit on police misconduct sees staffing plunge and probes scaled back, sources say
Criminal civil rights unit has lost two-thirds of its prosecutorsExcessive probes would only proceed in egregious circumstances, lawyers toldSection plays leading role in fatal shooting investigationsBy Andrew Goudsward WASHINGTON, Feb 5 (Reuters) - The U.S. Justice Department unit responsible fo...Reuters
Thu, Feb 5
New York Fashion Week spotlights American brands that have bucked luxury slowdown
By Alicia Powell and Helen ReidNEW YORK, Feb 5 (Reuters) - New York Fashion Week will kick off the month-long fashion show season next Wednesday, at a time when some U.S. labels are finding new popularity even as the luxury industry struggles with a global slowdown.Among the closely watched catwalk ...Reuters
Thu, Feb 5
China supports Iran's right to 'peaceful use of nuclear energy,' diplomat says
BEIJING, Feb 5 (Reuters) - China "supports Iran's legitimate right to the peaceful use of nuclear energy" and "opposes the threat of force and sanction pressure," Liu Bin, China's assistant foreign minister, told Iran's deputy foreign minister in Beijing on Thursday."...Reuters
Thu, Feb 5
Deals of the day-Mergers and acquisitions
Feb 5 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1030 GMT on Thursday: MTN Group , Africa's biggest mobile operator, said it is in advanced talks to buy the 75% stake it does not already own in IHS Holdings IHS.N, in a deal that could...Reuters
Thu, Feb 5
Worthington Steel Announces Start Of Acceptance Period For All-Cash Tender Offer Of EUR 11.00 Per Share To Shareholders Of Kloeckner & Co SE
Feb 5 (Reuters) - WORTHINGTON STEEL INC WS.N:ANNOUNCES START OF ACCEPTANCE PERIOD FOR ALL-CASH TENDER OFFER OF EUR 11.00 PER SHARE TO SHAREHOLDERS OF KLOECKNER & CO SEACCEPTANCE PERIOD COMMENCES TODAY AND ENDS ON MARCH 12, 2026Reuters
Thu, Feb 5
US, Ukraine, Russia delegations agree to exchange 314 prisoners, Witkoff says
Feb 5 (Reuters) - Delegations from the United States, Ukraine and Russia have agreed to exchange 314 prisoners, U.S. President Donald Trump's special envoy Steve Witkoff said on Thursday, adding that significant work remained to end the war. "Today, delegations from the United States, U...Reuters
Thu, Feb 5
Germany's Merz shares concerns over Iran escalation on Gulf trip
DOHA, Feb 5 (Reuters) - German Chancellor Friedrich Merz said on Thursday that concerns about a further escalation in the conflict with Iran have characterised his talks during a trip to the Gulf region."In all my conversations yesterday and today, great concern has been expressed about a furthe...Reuters
Thu, Feb 5
Trump administration to make it easier to fire senior federal workers, WSJ reports
Feb 5 (Reuters) - The Trump administration is moving to make it easier to potentially dismiss career officials in senior government roles, a step that could affect about 50,000 federal workers, the Wall Street Journal reported on Thursday, citing people familiar with the matter.The U.S. Office of Pe...Reuters
Thu, Feb 5
UK's Linde Q4 revenue and adjusted EPS beat estimates on volume growth
OverviewIndustrial gases firm's Q4 revenue beat analyst expectationsAdjusted EPS for Q4 beat analyst expectationsCompany returned $2.1 bln to shareholders through dividends and stock repurchasesOutlookLinde expects Q1 2026 adjusted EPS of $4.20 to $4.30Linde forecasts full-year 2026 adjusted EPS...Reuters
Thu, Feb 5
Linde beats Q4 earnings expectations on higher pricing
Feb 5 (Reuters) - Linde LIN.O, the world's largest industrial gases company, reported fourth-quarter results above market expectations on Thursday, citing higher pricing and continued productivity initiatives across its segments.The U.S.-German company, which supplies gases such as oxygen, nitro...Reuters
Thu, Feb 5
Apple Ads and Apple Maps should not be designated under Digital Markets Act, says EU
By Charlotte Van Campenhout BRUSSELS, Feb 5 (Reuters) - The European Commission said on Thursday Apple’s Maps and Ads services will not be designated as gatekeepers under the EU’s Digital Markets Act, citing their relatively low usage and limited market impact in Europe."The Commission has co...Reuters
Thu, Feb 5
Kremlin dismisses Western claims that Epstein was Russian intelligence asset
MOSCOW, Feb 5 (Reuters) - The Kremlin said on Thursday it did not want to waste time answering questions about unproven suggestions in Western media and by Poland's premier that late sex offender Jeffrey Epstein may have been some sort of Russian intelligence asset.Polish Prime Minister Donald T...Reuters
Thu, Feb 5
US, Ukraine, Russia delegations agree to exchange 314 prisoners, Witkoff says
Feb 5 (Reuters) - Delegations from the United States, Ukraine and Russia have agreed to exchange 314 prisoners, U.S. President Donald Trump's special envoy Steve Witkoff said in a post on X on Thursday."Discussions will continue, with additional progress anticipated in the coming weeks,"...Reuters
Thu, Feb 5
