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SoftBank's PayPay plans to price US IPO around low end of range, sources say
By Miho Uranaka and Echo Wang TOKYO/NEW YORK, March 11 (Reuters) - The initial public offering of SoftBank's 9984.T PayPay PAYP.O is likely to price around the low end of its marketing range as war in the Middle East roil markets, said two people familiar with the matter.The IPO book was cove...Reuters
15 minutes ago
Trump nominee for State Department role drops out after his race comments jeopardized confirmation
Nominated for international organizations positionUtah senator said Carl was not the right person for the jobGrilled at hearing over comments on race, Jewish people WASHINGTON, March 10 (Reuters) - President Donald Trump's nominee for a senior State Department position withdrew from considera...Reuters
31 minutes ago
Starboard nominates two to CarMax board, source says
By Svea Herbst-BaylissNEW YORK, March 10 (Reuters) - Starboard Value has taken a stake in CarMax KMX.N and nominated two directors to its board, urging the used car retailer to improve the experience of its digital users, cut costs and change its pricing structure, a source familiar with the matter ...Reuters
35 minutes ago
SoftBank's PayPay plans to price IPO around low end of range, sources say
TOKYO/NEW YORK, March 11 (Reuters) - The initial public offering (IPO) of SoftBank's 9984.T PayPay PAYP.O is likely to price around the low end of the marketing range as tensions in the Middle-East roil markets, according to two sources familiar with the matter.The book for the Japanese payment ...Reuters
48 minutes ago
Short-term JGBs slip on oil-driven inflation woes, Iran tensions
TOKYO, March 11 (Reuters) - Shorter-term Japanese government bonds (JGBs) eased on Wednesday, as traders remained wary of inflation risks amid volatile crude oil prices tied to the ongoing U.S.-Israeli war against Iran.The two-year yield JP2YTN=JBTC, which is most sensitive to Bank of Japan poli...Reuters
52 minutes ago
Trump backs congressional hopeful Gallrein for US House seat held by Thomas Massie
March 10 (Reuters) - President Donald Trump endorsed former U.S. Navy SEAL Ed Gallrein for a Kentucky seat held by one of his most prominent Republican critics in Congress, Representative Thomas Massie.Trump made his endorsement for Kentucky's 4th Congressional District on social media on Tuesda...Reuters
55 minutes ago
CORRECTED-Canada's Melcor Developments Q4 revenue rises, company declares special dividend
OverviewCanada real estate developer's Q4 revenue rose 9.7% yr/yr, driven by strong land salesQ4 net income declined 2.3% yr/yr, while FFO rose 12.4%Company declared C$0.35 special and C$0.15 regular dividend for Q1 2026OutlookMelcor expects moderate strength in residential and commercial develo...Reuters
an hour ago
Amazon Investing A$750 Million In A Robotics Fulfillment Center In Australia
March 10 (Reuters) - Amazon.com Inc AMZN.O:AMAZON - INVESTING AU$750 MILLION IN A ROBOTICS FULFILLMENT CENTER IN AUSTRALIAAMAZON - ROBOTICS FULFILLMENT CENTER IN AUSTRALIA WILL CREATE MORE THAN 1,000 LOCAL JOBS ONCE FULLY OPERATIONALSource text: https://tinyurl.com/26fuuf4fReuters
an hour ago
Trump backs congressional hopeful Gallrein for US House seat held by Thomas Massie
March 10 (Reuters) - U.S. President Donald Trump on Tuesday backed congressional hopeful Ed Gallrein for a U.S. House of Representatives seat in Kentucky held by Republican Representative Thomas Massie.Trump made his endorsement on social media.Reuters
an hour ago
Starboard nominates two to CarMax board, source says
NEW YORK, March 10 (Reuters) - Starboard Value has taken a stake in CarMax KMX.N and nominated two directors to its board, urging the used car retailer to improve the digital user experience, cut costs and change its pricing structure, a source familiar with the matter said.Starboard, one of the ind...Reuters
an hour ago
Honeywell Announces Pricing Of Honeywell Aerospace's Offering Of Senior Notes In Connection With Planned Spin-Off
March 10 (Reuters) - Honeywell International Inc HON.O:HONEYWELL ANNOUNCES PRICING OF HONEYWELL AEROSPACE'S OFFERING OF SENIOR NOTES IN CONNECTION WITH PLANNED SPIN-OFFHONEYWELL: PRICES $15.5 BILLION SENIOR NOTES OFFERING FOR PLANNED SPIN-OFFReuters
an hour ago
CORRECTED-Infinity Natural Resources Q4 net income rises amid surge in output growth
OverviewU.S. oil and gas producer's Q4 net income rose sharply on 93% production growthAdjusted EBITDAX for Q4 more than doubled yr/yr, reflecting operational gainsCompany completed major Ohio asset acquisition in Feb. 2026, and repurchased $1.2 mln in shares in Q4 2025OutlookInfinity sees 2026 ...Reuters
an hour ago
Trump-backed candidate forced into runoff in Georgia race to replace Greene, US media reports
March 10 (Reuters) - The election in Georgia to choose the successor to Republican firebrand Marjorie Taylor Greene in the U.S. House of Representatives will go to a runoff next month after no candidate, including one backed by President Donald Trump, received a majority of the votes, AP News and NB...Reuters
an hour ago
Microsoft backs Anthropic in amicus brief to halt US DOD's 'supply-chain risk' designation
March 10 (Reuters) - Microsoft MSFT.O filed on Tuesday a brief in support of Anthropic's lawsuit asking the court to temporarily block the U.S. Department of Defense's designation of the AI startup as a supply-chain risk.In an amicus brief filing in a federal court in San Francisco, Microsof...Reuters
2 hours ago
Parex Resources Enters Into A Definitive Agreement To Acquire Frontera Energy's Colombian E&P Assets
March 10 (Reuters) - Parex Resources Inc PXT.TO:PAREX RESOURCES ENTERS INTO A DEFINITIVE AGREEMENT TO ACQUIRE FRONTERA ENERGY’S COLOMBIAN E&P ASSETSPAREX RESOURCES INC - TO BUY 100% OF FRONTERA E&P'S COLOMBIAN ASSETSPAREX RESOURCES INC - DEAL VALUED AT $500 MILLION CASH, $225 MILLION NET...Reuters
2 hours ago
Orix Corp - To Transfer All Sake In Holding Co Of Peak Utility Services To Greenbelt For Undisclosed Price, Impact On Financial Results To Be Immaterial
March 11 (Reuters) - Orix Corp 8591.T:ORIX CORP - ONE OF AFFILIATES TO TRANSFER ALL OF EQUITY INTEREST IN IX PUSG HOLDINGS TO GREENBELT FOR UNDISCLOSED PRICE, IMPACT ON FINANCIAL RESULTS TO BE IMMATERIALReuters
2 hours ago
Zelenskiy says Ukraine's military hit key Russian missile plant in Bryansk region
Zelenskiy, Ukrainian military says missile component factory hitMilitary says British Storm Shadow missiles deployed in attackRussian officials say strike targeted civiliansVideo shows KYIV, March 10 (Reuters) - Ukrainian forces struck a key plant producing missile components on Tuesday in Russia...Reuters
2 hours ago
CORRECTED-Canada's Altius Minerals Q4 adjusted EPS beats estimates
OverviewCanada royalty asset manager's Q4 adjusted EPS beat analyst expectationsCompany completed acquisition of Lithium Royalty Corp in the current quarter, expanding royalty portfolioQ4 net income fell yr/yrOutlookCompany did not provide specific guidance for future quarters or full-year 2026 ...Reuters
2 hours ago
