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Nissan CEO Espinosa - We Remain Firmly Committed To Financial Discipline
Feb 12 (Reuters) - Nissan Motor Co Ltd 7201.T:NISSAN CEO ESPINOSA: WE REMAIN FIRMLY COMMITTED TO FINANCIAL DISCIPLINENISSAN CEO ESPINOSA: FIXED COST SAVINGS HAVE ALREADY REACHED 160 BILLION YEN AND REMAIN ON TRACK TO ACHIEVE 250 BILLION YEN BY END FY2026NISSAN CFO PAPIN: VAST MAJORITY OF COSTS O...Reuters
5 minutes ago
EU court should annul resumption of EU payments to Hungary, adviser says
BRUSSELS, Feb 12 (Reuters) - The EU Court of Justice should annul the European Commission's decision to lift a suspension on the disbursement of EU funds to Hungary, the court's adviser said on Thursday."The Commission may not disburse EU funds to a member state until the required legisl...Reuters
10 minutes ago
Nissan sees smaller full-year operating loss as turnaround efforts bear fruit
TOKYO, Feb 12 (Reuters) - Nissan 7201.T sharply trimmed its outlook for a full-year loss on Thursday after reporting a surprise profit in the third-quarter, in a sign the troubled Japanese automaker's turnaround is gaining traction.The automaker is struggling to right itself after years of turmo...Reuters
23 minutes ago
WhatsApp accuses Russia of trying to fully block its service to favour state app
WhatsApp says it will try to keep users connectedNo immediate official Russian commentMoscow has warned WhatsApp over violationsRussia promotes state-backed app MAXBy Andrew Osborn and Mrinmay Dey MOSCOW, Feb 12 (Reuters) - U.S. messenger app WhatsApp, owned by Meta Platforms META.O, accused auth...Reuters
25 minutes ago
Samsung ships latest HBM4 chips to catch-up in AI race
Samsung says it begins mass production of HBM4 chipsSamsung touts HBM4 performanceSK Hynix, Micron say HBM4 chips are in mass productionSK Hynix aims to maintain its lead in HBM market share By Hyunjoo JinSEOUL, Feb 12 (Reuters) - Samsung Electronics 005930.KS said on Thursday it had started shippin...Reuters
28 minutes ago
Softbank Group CFO Goto - We Can Say That 60% Of Our Portfolio Is Geared Towards Realising Artificial Super Intelligence
Feb 12 (Reuters) - SoftBank Group Corp 9984.T:SOFTBANK GROUP CFO GOTO: WE CAN SAY THAT 60% OF OUR PORTFOLIO IS GEARED TOWARDS REALISING ARTIFICIAL SUPER INTELLIGENCESOFTBANK GROUP CFO GOTO: SOFTBANK GROUP’S LOAN TO VALUE NOW AT 20.6%SOFTBANK GROUP CFO GOTO: NOTHING HAS BEEN DECIDED ABOUT ADDITIO...Reuters
31 minutes ago
Starmer condemns Jim Ratcliffe's comments claiming UK 'colonised by immigrants'
Ratcliffe said Britain had been 'colonised by immigrants'PM Starmer condemns the comments, urges him to apologiseManchester United supporters group warn against such languageBy William JamesLONDON, Feb 11 (Reuters) - Prime Minister Keir Starmer has condemned comments by billionaire Jim Ratcl...Reuters
43 minutes ago
SoftBank posts fourth straight quarterly profit on OpenAI investment gain
SoftBank has been deepening exposure to OpenAIGroup is monetising assets to invest in AI sectorSoftBank used more Arm shares for margin loanRaised borrowings against domestic telecoms unit SoftBank previously exited Nvidia stake By Anton Bridge TOKYO, Feb 12 (Reuters) - Japan's SoftBank Group...Reuters
43 minutes ago
PRESS DIGEST-New York Times business news - February 12
Feb 12 (Reuters) - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.- Just a few months ago, food giant Kraft Heinz KHC.O had a plan to lift sales. It would split into two separate companies, but on W...Reuters
47 minutes ago
NATO should be more based on partnership instead of dependency, Pentagon policy chief says
BRUSSELS, Feb 12 (Reuters) - Increased military spending by Europe countries and Canada will make NATO allies more equal partners within the alliance, U.S. Under Secretary of Defence Elbridge Colby said on Thursday."In 2025 we saw a genuine commitment to have Europe lead the conventional defence...Reuters
55 minutes ago
RPT-'Likes to have cash': Inside Deutsche Bank's slow split from Epstein
Deutsche continued services after saying it would end Epstein tiesBank's relationship with Epstein revealed in 2020 settlementEpstein's arrest prompted Deutsche to finally close his accountsBy Tom Sims and John O'Donnell FRANKFURT, Feb 11 (Reuters) - Deutsche Bank continued to provide...Reuters
an hour ago
US-based Nuveen to buy UK's Schroders for $13.5 billion
Deal creates group with nearly $2.5 trillion in assets under managementDeal values Schroders at 612 pence per shareSchroders CEO Richard Oldfield to lead firm post-acquisitionLONDON, Feb 12 (Reuters) - British money manager Schroders SDR.L said on Thursday it had agreed to be bought by U.S. asset ma...Reuters
an hour ago
US-based Nuveen to buy UK's Schroders for $13.5 billion
Deal creates group with nearly $2.5 trillion in assets under managementDeal values Schroders at 612 pence per shareSchroders CEO Richard Oldfield to lead firm post-acquisitionLONDON, Feb 12 (Reuters) - British money manager Schroders SDR.L said on Thursday it had agreed to be bought by U.S. asset ma...Reuters
an hour ago
Nissan posts 44% drop in quarterly operating profit
TOKYO, Feb 12 (Reuters) - Nissan Motor 7201.T reported a 44% fall in third-quarter operating profit to 17.5 billion yen ($114.37 million) on Thursday, as the struggling Japanese automaker faced heavy competition in markets such as the U.S. and China.The results compared with an average estimate of a...Reuters
an hour ago
BAT annual profit rises as Velo gains US market share
Velo gains market share from Zyn and On! in USRevenue from newer products grows by double-digits in H2BAT's Vuse vape sees improved uptake despite market challengesFeb 12 (Reuters) - Lucky Strike maker British American Tobacco BATS.L reported a 2.3% rise in annual profit on Thursday to 11.28 bil...Reuters
an hour ago
Platinum Equity to sell waste management firm Urbaser to Blackstone, EQT for $6.6 billion
Feb 12 (Reuters) - Privately-held Platinum Equity 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 will retain ownership of Urbaser's waste management business in Argentin...Reuters
an hour ago
Buying Schroders 'massive transformational step' for both firms - Nuveen CEO
Feb 12 (Reuters) - Schroders PLC SDR.L:BUYING SCHRODERS 'MASSIVE TRANSFORMATIONAL STEP' FOR BOTH FIRMS, GLOBALISES NUVEEN – NUVEEN CEOI'M CONFIDENT ABOUT ACTIVE MANAGEMENT AND PUBLIC MARKETS, WILL ALSO CREATE ONE OF LARGEST PRIVATE MARKETS PLATFORM – NUVEEN CEONUVEEN SEES LIMITED JOB LOS...Reuters
2 hours ago
BAT Posts Annual Revenue Of 25.61 Billion Pounds
Feb 12 (Reuters) - British American Tobacco PLC BATS.L:FY REVENUE GBP 25,610 MILLION VERSUS. IBES ESTIMATE GBP 25,664 MILLIONFY EPS GBP 3.491FY OPERATING MARGIN 39%FY OPERATING PROFIT GBP 9,997 MILLIONFY ADJUSTED EPS GBP 3.521DIVIDEND GROWTH OF 2.0% TO 245.04P AND A £1.3 BILLION SHARE BUY-BACK IN 20...Reuters
2 hours ago
RPT-EXCLUSIVE-US firm in Gaza aid program, criticized by UN, in talks for new role
UG Solutions says proposal to Board of Peace 'received positively'Firm supported disputed Gaza aid scheme backed by US, IsraelUN says hundreds were killed seeking aid under that schemeBoard of Peace will oversee Gaza reconstruction, securityBy Pesha Magid and Rami AyyubJERUSALEM, Feb 11 (Reu...Reuters
2 hours ago
