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SoftBank's PayPay prices IPO at $16 per share, filing shows
TOKYO, March 12 (Reuters) - Japanese digital wallet provider PayPay PAYP.O, backed by SoftBank Group 9984.T, has priced its initial public offering at $16 per share, a filing from SoftBank subsidiary LY Corp showed.PayPay initially wanted to sell shares in a range between $17 to $20 per share but so...Reuters
11 minutes ago
US, Russian teams met in Florida and discussed 'variety of topics,' Witkoff says
March 11 (Reuters) - A Russian delegation led by President Vladimir Putin's special envoy Kirill Dmitriev met a U.S. delegation in Florida on Wednesday, U.S. special envoy Steve Witkoff said, adding that the teams discussed a "variety of topics" and agreed to stay in touch.Dmitriev, post...Reuters
18 minutes ago
Canada's Becker Milk nine-month net income drops sharply on property value adjustments
OverviewCanada real estate firm's nine-month revenue rose slightly yr/yrNet income fell more than 50% in the nine months ended Jan. 31 due to lower fair value adjustment gainsAdjusted funds from operations saw a slight decrease from prior yearOutlookCompany did not provide specific guidance for ...Reuters
18 minutes ago
Code-gen startup Cursor in talks for $50 billion valuation, Bloomberg News reports
March 11 (Reuters) - Code-generation startup Cursor is in talks with investors for a funding round that could value the company at about $50 billion, Bloomberg News said on Wednesday, citing people familiar with the matter.Such a valuation would mark a steep jump from the $29.3 billion the company s...Reuters
21 minutes ago
Stoneridge's quarterly sales fall on lower vehicle production; loss widens on impairment
OverviewGlobal vehicle electronics supplier's Q4 sales declined yr/yr, driven by lower commercial vehicle production in Europe and North AmericaNet loss deepened in Q4 on impairment; reported an adjusted net loss of $14.7 mln for Q4Company issued 2026 guidance projecting modest revenue growth an...Reuters
36 minutes ago
Tennis-Alcaraz powers into Indian Wells quarter-finals
March 11 (Reuters) - World number one Carlos Alcaraz continued his dominant run at Indian Wells, beating Norway’s Casper Ruud 6-1 7-6(2) on Wednesday to reach the quarter-finals in the California desert. The Spaniard relied on a near-flawless service game to seize control of the match, racing throug...Reuters
43 minutes ago
Brazil's StoneCo cuts about 370 jobs, Valor reports
SAO PAULO, March 11 (Reuters) - Brazilian payments firm StoneCo STNE.O has cut about 370 jobs, local newspaper Valor Economico reported on Wednesday, citing an estimate based on reports from employees.The cuts have affected different areas within the company and represent about 3% of StoneCo's t...Reuters
48 minutes ago
Joby Aviation's first production model electric air taxi takes off
By Dan Catchpole and Pranav MathurMarch 11 (Reuters) - Joby Aviation JOBY.N said on Wednesday it has started flying its first aircraft that will undergo certification testing with federal regulators to receive type inspection authorization (TIA), a major milestone toward an aircraft's certifica...Reuters
57 minutes ago
UK watchdogs press Meta, TikTok, Snap and YouTube to block children
By Sam Tabahriti LONDON, March 12 (Reuters) - Britain's media and privacy regulators on Thursday demanded that major social media platforms do more to keep children off their services, warning that companies were failing to enforce their own minimum age rules.Britain has been weighing tougher...Reuters
an hour ago
At least six killed in strike on Beirut seafront, security source says
BEIRUT, March 12 (Reuters) - At least six people were killed in a strike on Beirut's Ramlet al-Baida seafront early on Thursday, a security source said.Israel launched an offensive against Iran-backed Hezbollah after it opened fire on March 2 to avenge the killing of Iran's supreme leader at...Reuters
an hour ago
Canada's CEMATRIX Q4 revenue, adj EBITDA rise
OverviewCanada specialty contractor's Q4 revenue rose 20% yr/yr to C$12.5 mlnQ4 adjusted EBITDA rose 71% yr/yr to C$2.4 mlnCompany repurchased 1.3 mln shares in 2025, including 0.6 mln shares in Q4OutlookCEMATRIX remains focused on executing its business strategy and growing the companyResult Dr...Reuters
an hour ago
CORRECTED-Canada's NFI Group misses Q4 revenue estimates
OverviewCanada bus maker's fiscal Q4 revenue rose 22.5% yr/yr but missed analyst expectationsAdjusted EPS for fiscal Q4 beat analyst expectations, driven by margin expansion and backlog conversionQuarter benefited from battery settlement and higher-margin deliveriesOutlookNFI sees 2026 revenue b...Reuters
an hour ago
Adentra Says Q4 Sales USD 517.5 Mln
March 11 (Reuters) - ADENTRA Inc ADEN.TO:ADENTRA Q4 ADJUSTED EBITDA USD 43.7 MILLIONADENTRA Q4 SALES USD 517.5 MILLION VERSUS. IBES ESTIMATE USD 536.2 MILLIONADENTRA Q4 GROSS MARGIN 22.1%ADENTRA Q4 CASH FLOW FROM OPERATIONS USD 99.6 MILLIONADENTRA INC: Q4 2025 ADJUSTED BASIC EARNINGS PER SHARE OF $0...Reuters
an hour ago
US Senate advances bill to lower housing prices
Rare bipartisanship in Congress before November electionsSupporters say legislation will spur affordable home buildingHousing costs have risen 60% since 2019By Richard Cowan WASHINGTON, March 11 (Reuters) - Republicans and Democrats in the U.S. Congress are lining up behind legislation to encoura...Reuters
2 hours ago
FBI bulletin warned of possible Iran retaliation on California targets
Alert suggested potential for aerial drone strikes on West CoastSecurity bulletin issued before outbreak of Mideast warTrump shrugs off worries about Iran revenge strikes on U.S. soilBy Humeyra Pamuk, Jasper Ward and Jana Winter WASHINGTON, March 11 (Reuters) - The FBI warned law enforcement agen...Reuters
2 hours ago
