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Long-dated JGB yields jump most in a month as BOJ picks stoke fiscal concerns
By Junko Fujita and Satoshi Sugiyama TOKYO, Feb 25 (Reuters) - Longer-dated Japanese government bond yields (JGBs) rose at the fastest pace in a month on Wednesday, after the nomination of two academics seen as dovish to the central bank's board stoked concerns about the nation's fiscal h...Reuters
5 minutes ago
Santander targets over 20 billion euros profit by 2028, tweaks dividend policy
MADRID, Feb 25 (Reuters) - Spain's Santander SAN.MC on Wednesday said it aimed to book a profit above 20 billion euros ($23.61 billion) by 2028 after lifting its profitability ratio by almost four percentage points to above 20%, helped by synergies from recent deals in the U.S. and Britain.The g...Reuters
5 minutes ago
GSK to buy Canada's 35Pharma for $950 million
Feb 25 (Reuters) - GSK GSK.L on Wednesday agreed to pay $950 million in cash for Canadian biopharmaceutical company 35Pharma Inc, which is developing a medicine for pulmonary hypertension.The deal marks GSK's second major acquisition under new CEO Luke Miels, after it agreed to buy RAPT Therapeu...Reuters
8 minutes ago
UK's Hiscox announces $300 million share buyback plan
Feb 25 (Reuters) - British insurer Hiscox HSX.L announced a $300 million share buyback plan on Wednesday and reported a 5.9% rise in annual insurance contract written premium (ICWP).The company reported ICWP of $4.98 billion for the year ended December 31, 2025, compared with $4.70 billion a year ea...Reuters
12 minutes ago
Bain Capital-Affiliated Bcpe Pangea Cayman And Related Entities Cut Stake In Kioxia To 36.86% From 44.33%, Filing Shows
Feb 25 (Reuters) - Kioxia Holdings Corp 285A.T:BAIN CAPITAL-AFFILIATED BCPE PANGEA CAYMAN AND RELATED ENTITIES CUT STAKE IN KIOXIA TO 36.86% FROM 44.33%, FILING SHOWSReuters
14 minutes ago
U.S. RESEARCH ROUNDUP-Chevron, GoDaddy, HP
Feb 25 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Chevron, GoDaddy and HP, on Wednesday. HIGHLIGHTSChevron Corp CVX.N: Gerdes Energy Research raises target price by $4 to $177GoDaddy Inc GDDY.N: JP Morgan cuts targe...Reuters
15 minutes ago
Hiscox posts record annual profit on retail insurance growth, sets stock buyback
OverviewBermuda specialty insurer's 2025 pretax profit rose, marking third consecutive record yearInsurance contract written premium increased by 5.9% yr/yr to $4,979 mlnCompany announced new $300 mln share buyback programOutlookHiscox Retail expects 8.0% ICWP growth for full year 2026Company an...Reuters
18 minutes ago
HSBC lifts earnings target, annual profit dips but beats estimates
Bank logged $4.9 billion in one-off charges last yearTarget for return on tangible equity lifted to "17% or better" Stock surged last year and has gained 10% for year to dateBy Selena Li and Lawrence WhiteHONG KONG, Feb 25 (Reuters) - HSBC Holdings HSBA.L lifted a key earnings target after ...Reuters
20 minutes ago
Santander aims for profit above $23.6 billion by 2028, raises ROTE target
MADRID, Feb 25 (Reuters) - Spain's Santander SAN.MC on Wednesday said it aimed for a profit above 20 billion euros ($23.6 billion) and a profitability ratio above 20% by 2028 on the back of improved efficiencies from its IT transformation and cost synergies from recent deals in the U.S. and Bri...Reuters
27 minutes ago
Diageo cuts sales forecast again as US demand falters
Feb 25 (Reuters) - Diageo DGE.L lowered its annual sales forecast for the second time in almost four months on Wednesday, as its first results under new boss Dave Lewis showed weak U.S. demand still weighing on the world's biggest spirits maker.Reuters
33 minutes ago
Trump lays out case for possible attack on Iran in State of the Union
Trump says Iran spreads 'terrorism and death and hate'Middle East military buildup overshadows run-up to speechTrump says he wants peace but Iran won't make deal By Patricia Zengerle and David BrunnstromWASHINGTON, Feb 24 (Reuters) - U.S. President Donald Trump briefly laid out his cas...Reuters
45 minutes ago
Retired Myanmar general set for powerful role in new parliament, sources say
Military set to dominate civilian politics after electionParty sources say USDP chief set to be house speaker, oversee presidential electionSpeaker wields 'greatest exercise' of power after president, analyst says Feb 25 (Reuters) - A retired general from an army-backed party that swept M...Reuters
53 minutes ago
No-shows by Trump's envoy to France increase diplomatic friction
Charles Kushner arrived in France as US envoy last summerHe has been summoned twice by the French foreign ministryKushner did not show up on either occasionKushner driven by concerns about antisemitism, sources sayUS ambassadors have ruffled feathers across EuropeBy Gabriel Stargardter PARIS, Feb...Reuters
an hour ago
South Korea and the US to conduct Freedom Shield military drills in March
By Kyu-seok Shim and Joyce LeeSEOUL, Feb 25 (Reuters) - South Korea and the United States will conduct major joint military drills known as Freedom Shield from March 9 to 19, military officials from the countries said on Wednesday. The annual exercise is "defensive in nature", officials sa...Reuters
an hour ago
Takeaways from Trump's State of the Union address to Congress
By Trevor Hunnicutt and Gram SlatteryWASHINGTON, Feb 24 (Reuters) - President Donald Trump delivered his State of the Union address to a joint session of Congress on Tuesday, a potentially pivotal moment as the White House seeks to firm up support among Republican voters ahead of November's midt...Reuters
an hour ago
Taiyo Holdings Tender Offer Price Likely To Undershot 6,000 Yen, Bloomberg News Reports
Feb 25 (Reuters) - Taiyo Holdings Co Ltd 4626.T:TAIYO HOLDINGS CO TO GO PRIVATE, BLOOMBERG NEWS REPORTSTAIYO HOLDINGS' SPECIAL COMMITTEE DECIDES ACQUISITION BY KKR BEST OPTION, BLOOMBERG NEWS REPORTSTAIYO HOLDINGS TENDER OFFER PRICE LIKELY TO UNDERSHOT 6,000 YEN, BLOOMBERG NEWS REPORTSReuters
an hour ago
PRESS DIGEST -Wall Street Journal - February 25
Feb 25 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.- A U.S. judge on Tuesday blocked federal prosecutors from searching devices seized from a Washington Post reporter as part of a leaked invest...Reuters
2 hours ago
