News
Important Only
BAT productivity drive could result in job cuts, CFO says
LONDON, Feb 12 (Reuters) - British American Tobacco BATS.L plans a productivity initiative that could bring job cuts, interim finance chief Javed Iqbal told reporters after the company reported annual earnings on Thursday, adding that it was too early to confirm the scale of any cuts.Reuters
5 minutes ago
Samsung begins HBM4 chip shipments in effort to catch up in AI race
By Hyunjoo JinSEOUL, Feb 12 (Reuters) - Samsung Electronics 005930.KS said on Thursday that it has started shipping the latest high-bandwidth memory chips, HBM4, to unnamed customers, as the chipmaker races to catch up with rivals in supplying to Nvidia NVDA.O.The global rush to build AI data center...Reuters
5 minutes ago
ADVISORY-Incorrectly tagged alert on Platinum Equity's unit sale withdrawn
An alert on Platinum Equity selling its global environmental services business Urbaser to Blackstone BX.N and EQT EQTAB.ST was incorrectly tagged to Australia's Blackstone Minerals BSX.AX, an unrelated company, and is withdrawn.For the correctly coded alerts, click nFWN3Z806D STORY_NUMBER:T...Reuters
12 minutes ago
Helical And Places For London Secure £220 Million Loan For Paddington Overstation Office Development
Feb 12 (Reuters) - Helical PLC HLCL.L:HELICAL PLC: HELICAL AND PLACES FOR LONDON SECURE £220 MILLION LOAN FOR PADDINGTON OVERSTATION OFFICE DEVELOPMENTHELICAL PLC - MAIN WORKS TO START Q2 2026, COMPLETE Q3 2028Reuters
13 minutes ago
Nuveen agrees to buy Schroders for $13.5 billion
LONDON, Feb 12 (Reuters) - U.S. asset manager Nuveen has agreed to buy British firm Schroders SDR.L for 9.9 billion pounds ($13.5 billion), the companies said on Thursday, creating a group with combined assets under management of nearly $2.5 trillion.Money manager Schroders' shareholders will re...Reuters
16 minutes ago
U.S. RESEARCH ROUNDUP-Equinix, Generac Holdings, Gilead
Feb 12 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Equinix, Generac Holdings and Gilead, on Thursday. HIGHLIGHTSEquinix Inc EQIX.O: Jefferies raises target price to $1,000 from $950Generac Holdings Inc GNRC.N...Reuters
17 minutes ago
Platinum Equity to sell waste management firm Urbaser to Blackstone, EQT for $6.6 billion
Feb 12 (Reuters) - Private equity firm Platinum has agreed to sell Spanish waste management company Urbaser to Blackstone BX.N and EQT EQTAB.ST for $6.6 billion, the company said in a statement on Thursday.Platinum Equity said it will retain ownership of Urbaser's waste management business in Ar...Reuters
18 minutes ago
Morgan Sindall Says Group Outlook For 2026 Also Ahead Of Expectations
Feb 12 (Reuters) - Morgan Sindall Group PLC MGNS.L:MORGAN SINDALL: GROUP ON TRACK TO DELIVER AN OUTCOME FOR 2025 IN LINE WITH CURRENT EXPECTATIONSMORGAN SINDALL: GROUP OUTLOOK FOR 2026 ALSO AHEAD OF EXPECTATIONSReuters
20 minutes ago
Platinum Equity To Sell Urbaser To Blackstone And Eqt In A Transaction Valued At Approximately $6.6 Billion
Feb 12 (Reuters) - PLATINUM EQUITY - TO SELL URBASER TO BLACKSTONE AND EQT IN A TRANSACTION VALUED AT APPROXIMATELY $6.6 BILLION (€5.6 BILLION)PLATINUM EQUITY - AS PART OF THE TRANSACTION, PLATINUM EQUITY WILL RETAIN URBASER'S WASTE MANAGEMENT BUSINESS IN ARGENTINASource text: [ID:]Further compa...Reuters
21 minutes ago
Ashmore Says H1 Assets Under Management Increased 10% Over Period To $52.5 Bln
Feb 12 (Reuters) - Ashmore Group PLC ASHM.L:ASHMORE GROUP PLC - HALF-YEAR FINANCIAL REPORTASHMORE: H1 ASSETS UNDER MANAGEMENT INCREASED 10% OVER THE PERIOD TO $52.5 BILLIONASHMORE: WELL-POSITIONED TO CAPITALISE ON MULTITUDE OF INVESTMENT OPPORTUNITIES AVAILABLE ACROSS EMERGING MARKETSReuters
21 minutes ago
Italy regulator probes Procter & Gamble over misleading ads for epilator
ROME, Feb 12 (Reuters) - Italy's competition authority said on Thursday it had opened an investigation against U.S. consumer goods maker Procter & Gamble PG.N over allegedly misleading adverts for a body hair removal device. In a statement, the regulator said advertising for the Braun Skin i...Reuters
21 minutes ago
BAT annual profit rises as Velo gains US market share
Feb 12 (Reuters) - Lucky Strike maker British American Tobacco BATS.L on Thursday reported a 2.3% rise in annual profit to 11.28 billion pounds ($15.36 billion), as its Velo nicotine pouch gained market share and sales of its newer vapes and heated tobacco products grew.BAT's Velo nicotine pouch...Reuters
28 minutes ago
CANADA RESEARCH ROUNDUP-Alimentation Couche-Tard , Canadian Natural Resources, Intact Financial
Feb 12 (Reuters) - Securities analysts revised their ratings and price targets for on several Canadian companies including Alimentation Couche-Tard , Canadian Natural Resources and Intact Financial on Thursday HIGHLIGHTS Alimentation Couche-Tard Inc ATD.TO: CIBC raises target price to C...Reuters
32 minutes ago
BREAKINGVIEWS-Grab's US fintech foray is not as odd as it seems
By Katrina HamlinHONG KONG, Feb 12 (Reuters Breakingviews) - It's another step outside of its home market for Grab GRAB.O. The 14-year-old Southeast Asian ride-hailing and deliveries firm on Wednesday announced it will acquire a U.S. fintech startup. That is a bold move for a company that on the...Reuters
32 minutes ago
British American Tobacco annual profit rises 2.3%
Feb 12 (Reuters) - Lucky Strike maker British American Tobacco BATS.L on Thursday reported a 2.3% rise in annual profit to 11.28 billion pounds ($15.36 billion), as its Velo nicotine pouch accrued more market share and sales of its newer vapes and heated tobacco products grew. ($1 = 0.7344 pound...Reuters
34 minutes ago
SoftBank posts $1.6 billion quarterly profit on OpenAI gains
TOKYO, Feb 12 (Reuters) - Japan's SoftBank Group 9984.T said on Thursday it logged a net profit of 248.6 billion yen ($1.62 billion) in the October-December quarter, boosted by the rising valuation of its investment in OpenAI. The results, which mark SoftBank's fourth consecutive quarter in...Reuters
37 minutes ago
Poland - Factors to Watch February 12
WARSAW, Feb 12 (Reuters) - The following are significant news stories, press reports and events on Thursday. ALL TIMES GMT (Poland: GMT + 1 hour):DATAOn Thursday, the statistical office will release data on Poland's economic growth rate in the fourth quarter of 2025. Analysts polled by Reuters e...Reuters
40 minutes ago
