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India File: Relief on US tariffs, for now
February 24 - By Ira Dugal, Editor Financial News, with global Reuters staff India’s trade equation with Washington has shifted again after the U.S. Supreme Court struck down Donald Trump's tariffs last week. The ruling offers New Delhi a breather, but also leaves it facing fresh uncertain...Reuters
4 minutes ago
StanChart profit climbs but misses estimates, $1.5 billion buyback launched
By Selena Li and Lawrence WhiteHONG KONG, Feb 24 (Reuters) - Standard Chartered STAN.L reported on Tuesday that full-year pretax profit rose 16%, as robust global banking and strong wealth inflows boosted revenue at the emerging markets-focused lender.StanChart, which earns most of its revenue in A...Reuters
19 minutes ago
StanChart full-year profit rises 16%, misses estimates
HONG KONG, Feb 24 (Reuters) - Standard Chartered STAN.L reported on Tuesday that full-year pretax profit climbed 16%, as robust global banking and strong wealth inflows boosted revenue at the emerging markets-focused lender.StanChart, which earns most of its revenue in Asia and Africa, reported pret...Reuters
26 minutes ago
Taiwan parliament to discuss stalled special defence budget next week
TAIPEI, Feb 24 (Reuters) - Taiwan's parliament will discuss late next week the government's stalled bill on a $40 billion special defence budget, which has been held up by opposition party objections attracting the concern of U.S. lawmakers.Taiwan President Lai Ching-te last year proposed th...Reuters
28 minutes ago
PRESS DIGEST-British Business - February 24
Feb 24 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy.The Times- Jose Alejandro Zamora Yrala, director of a London-based airline parts company AOG Technics, who used forged docume...Reuters
35 minutes ago
Meta executive warned Facebook Messenger encryption plan was 'so irresponsible', shows court filing
Meta execs feared encryption would hinder child exploitation reportingMeta's safety and policy execs expressed dismay over encryption planCompany says worked on safety features before launching encryption in 2023By Katie Paul and Jeff Horwitz NEW YORK/SAN FRANCISCO, Feb 23 (Reuters) - Meta ME...Reuters
48 minutes ago
China imposes export controls on 20 Japanese entities to curb ‘remilitarisation’
BEIJING, Feb 24 (Reuters) - China has prohibited the export of dual-use items to 20 Japanese entities that it says supply Japan's military, the commerce ministry announced on Tuesday.The measure targets units of major Japanese industrial conglomerates such as Mitsubishi Heavy Industries Shipbuil...Reuters
49 minutes ago
Canada plans to assist Cuba while Washington squeezes the island
By Kanishka Singh Feb 23 (Reuters) - Canada said on Monday it plans to provide assistance to Cuba while the island grapples with fuel shortages after Washington moved to choke off Cuba's oil supplies.Washington has escalated a pressure campaign against the Communist-run island and long-time U...Reuters
an hour ago
Pfizer in diabetes drug deal with Sciwind Biosciences
SHANGHAI, Feb 24 (Reuters) - Pfizer PFE.N has entered an agreement to license Sciwind Biosciences' type 2 diabetes treatment ecnoglutide, with potential payments of up to $495 million if milestones are met, the Chinese drugmaker said on Tuesday.The deal represents "an important first step to...Reuters
an hour ago
Grupo Aeroportuario Del Pacifico Qtrly Income From Operations Increased By Ps. 322.1 Million, Or 8.4%
Feb 23 (Reuters) - Grupo Aeroportuario del Pacifico SAB de CV GAPB.MX:GRUPO AEROPORTUARIO DEL PACIFICO SAB DE CV: QTRLY INCOME FROM OPERATIONS INCREASED BY PS. 322.1 MILLION, OR 8.4%GRUPO AEROPORTUARIO DEL PACIFICO SAB DE CV - FOR 2026, REVENUE GROWTH IS EXPECTED TO RANGE FROM 9% TO 11%GRUPO AEROPOR...Reuters
an hour ago
EXCLUSIVE-China's DeepSeek trained AI model on Nvidia's best chip despite US ban, official says
DeepSeek could remove technical indicators showing use of US chips, official saysUS export controls bar Blackwell shipments to ChinaDeepSeek's Blackwells likely in Inner Mongolia data center, official saysBy Steve Holland and Alexandra Alper WASHINGTON, Feb 23 (Reuters) - Chinese AI startup D...Reuters
an hour ago
Malaysia monitoring U.S. tariff situation closely, PM says
KUALA LUMPUR, Feb 24 (Reuters) - Malaysian Prime Minister Anwar Ibrahim said on Tuesday that the government was closely monitoring the situation on U.S. tariffs after the U.S. Supreme Court declared the duties illegal.Anwar told parliament that a trade agreement signed with Washington last year, loc...Reuters
an hour ago
Apple to shift some Mac Mini production to Houston from Asia, WSJ reports
Feb 23 (Reuters) - Apple AAPL.O will move some production of its Mac Mini desktop computer to the U.S. from Asia, with a new manufacturing effort set to begin later this year at a Foxconn facility in north Houston, The Wall Street Journal reported on Monday.The plan marks the iPhone maker's most...Reuters
2 hours ago
Hilco Global Says Oceanwide Plaza LLC Has Entered Into A PSA For Sale Of Oceanwide Plaza For About $470 Million
Feb 23 (Reuters) - HILCO GLOBAL: OCEANWIDE PLAZA LLC HAS ENTERED INTO A PURCHASE AND SALE AGREEMENT FOR SALE OF OCEANWIDE PLAZA FOR $470 MILLION IN TOTAL CONSIDERATIONFurther company coverage: [ ]Reuters
2 hours ago
Verisk Analytics Prices $500 Million Of 4.450% Senior Notes Due 2031 And $500 Million Of 5.125% Senior Notes Due 2036
Feb 23 (Reuters) - Verisk Analytics Inc VRSK.O:VERISK ANALYTICS INC - PRICES $500 MILLION OF 4.450% SENIOR NOTES DUE 2031 AND $500 MILLION OF 5.125% SENIOR NOTES DUE 2036Reuters
2 hours ago
Former UK ambassador Mandelson arrested after Epstein revelations
Mandelson taken to London police stationArrest comes after Epstein disclosuresUK PM has faced criticism for appointing MandelsonBy Andrew MacAskill, William James and Michael Holden LONDON, Feb 23 (Reuters) - Former British ambassador to the U.S. Peter Mandelson was arrested by London police on M...Reuters
2 hours ago
Frontera Energy Acknowledges Receipt And Is Considering The Unsolicited Proposal From Parex Resources
Feb 23 (Reuters) - Frontera Energy Corp FEC.TO:FRONTERA ENERGY ACKNOWLEDGES RECEIPT AND IS CONSIDERING THE UNSOLICITED PROPOSAL FROM PAREX RESOURCES INC.FRONTERA ENERGY CORP - BOARD CONTINUES TO RECOMMEND GEOPARK TRANSACTION TO ITS SHAREHOLDERSReuters
2 hours ago
Romantic tryst led to Mexican cartel leader's capture, death
US intelligence aided in locating Oseguera's compoundTrump urges Mexico to intensify efforts against cartelsTourism and airlines hit by unrest, economic impact fearedBy Raul Cortes, Aida Pelaez-Fernandez and Sarah Morland MEXICO CITY, Feb 23 (Reuters) - A tip about drug lord Nemesio Oseguera&...Reuters
2 hours ago
