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AES Corp forecasts higher-than-expected annual profit on new renewable energy projects
Feb 28 (Reuters) - U.S. power company AES Corp AES.N on Friday forecast annual adjusted profit above Wall Street expectations, banking on contributions from new renewables projects and rate-base growth in its utilities segment.Shares of the Virginia-based company rose 5.1% to $10.91 in premarket...Reuters
Fri, Feb 28
Other
Italy says countries can respond individually to U.S. tariffs
ROME, Feb 28 (Reuters) - Italian Economy Minister Giancarlo Giorgetti said on Friday that European Union countries can respond individually to any trade tariffs imposed by the United States, rather than rely solely on a common EU response.Speaking at a news conference, Giorgetti also said Italy may ...Reuters
Fri, Feb 28
Stocks
BUZZ-Bath & Body Works rises after Citi upgrades to 'buy'
** Shares of Bath & Body Works BBWI.N up 1.3% at $36.33 premarket** Brokerage Citi upgrades stock to "buy" from "neutral", raises PT by $8 to $48** BBWI fell 12.7% on Thursday after co forecast annual sales, profit largely below expectations, while Q4 results narrowly beat estima...Reuters
Fri, Feb 28
Stocks
CANADA STOCKS-TSX futures inch lower as markets await key economic data
Feb 28 (Reuters) - Futures for Canada's main stock index fell on Friday as investors avoided big bets ahead of crucial domestic and U.S. economic data. March futures on the S&P/TSX index SXFcv1 were down 0.1% at 6.48 a.m. ET (1148 GMT).Global markets await the U.S. Personal Consumption Expe...Reuters
Fri, Feb 28
Other
US aid cuts force UNICEF to reduce Lebanon nutrition programmes, official says
Adds details, quotes paragraphs 3-10By Olivia Le Poidevin GENEVA, Feb 28 (Reuters) - U.S. aid cuts have forced the U.N. children's agency UNICEF to suspend or scale back many programmes in Lebanon, with more than half of children under the age of two experiencing severe food poverty in th...Reuters
Fri, Feb 28
Stocks
Is This Simple Index Fund a Millionaire Maker?
The SPDR Portfolio S&P 500 High Dividend ETF (NYSEMKT: SPYD) is one of many dividend-focused exchange-traded funds (ETFs) income investors can buy today. What sets it apart from the rest is the simplicity of its stock selection approach. While it is often a good idea to keep things simple when inves...The Motley Fool
Fri, Feb 28
Other
Romania investigates mercenary linked to presidential candidate after guns and cash haul
BUCHAREST, Feb 28 (Reuters) - Romanian prosecutors on Friday called for the temporary arrest of a mercenary who stashed illegal weapons and cash at home and 20 other people with links to the far-right frontrunner in last year's canceled presidential election pending an investigation.Former Frenc...Reuters
Fri, Feb 28
Other
MPLX to buy remaining interest in BANGL natural gas pipeline for $715 million
Feb 28 (Reuters) - Midstream company MPLX MPLX.N said on Friday it would buy the remaining 55% interest in the BANGL natural gas pipeline from affiliates of WhiteWater and Diamondback Energy FANG.O for $715 million.Reuters
Fri, Feb 28
Stocks
Tuya Smart x DeepSeek: The Revolutionary Path Empowered by Emotional Home Robots
NEW YORK, Feb. 28, 2025 /PRNewswire/ -- Tuya Smart (NYSE: TUYA, HKEX: 2391), a global AI cloud platform service provider, has integrated the DeepSeek large language model into its AIoT platform, helping global developers create a new generation of smart home management robots. With the open-source r...PR Newswire
Fri, Feb 28
Stocks
LIVE MARKETS-Equity bubble risk alive and justifiable, but we're not in one - UBS
STOXX 600 down 0.2%U.S. tariff fears aboundMiners, tech weigh on indexPositive Q4 earnings temper lossesWelcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com EQUITY BUBBLE RISK ALIVE AND...Reuters
Fri, Feb 28
Forex
BUZZ-COMMENT-Dollar's recovery could spill into March
Feb 28 (Reuters) - The U.S. dollar recovery at the end of February could well extend into March as a bigger reversal higher could be underway.Investors unnerved by the prospect of U.S. President Donald Trump's impending tariffs drove a wave of selling on Friday that hit risk-sensitive currencies...Reuters
Fri, Feb 28
Stocks
BUZZ-AES Corp rises as Q4 profit beats estimates
** Shares of Utility firm AES Corp AES.N rise 5.8% to $10.98 premarket** Co forecasts 2025 adjusted earnings of $2.10 to $2.26 vs. est of $2.03/share - data compiled by LSEG** Sales in its utilities segment rose ~11% in Q4 to $878 million** AES reports Q4 adjusted profit of 54 cents/share vs estimat...Reuters
Fri, Feb 28
Other
EV maker Polestar secures $450 million loan facility, delays quarterly results
Feb 28 (Reuters) - Electric vehicle maker Polestar PSNY.O has secured a 12-month loan facility of up to $450 million, it said on Friday, and would delay its fourth-quarter results in April along with its annual filing for fiscal 2024. Backed by China's Geely [RIC:RIC:GEELY.UL], the company has s...Reuters
Fri, Feb 28
Stocks
Is Celsius Stock a Buy, Sell, or Hold in 2025?
From 2020 to 2023, Celsius Holdings (NASDAQ: CELH) went on a meteoric rise from a virtually unknown energy drink brand to the No. 3 energy drink label in the U.S., behind Red Bull and Monster.However, in 2024, the stock suddenly felt the gravitational pull of the stock market and plunged as sales fe...The Motley Fool
Fri, Feb 28
Stocks
RPT-BREAKINGVIEWS-China’s only plan for Trump is plan for the worst
The author is a Reuters Breakingviews columnist. The opinions expressed are his own. Updates to add graphic.By Ka Sing Chan HONG KONG, Feb 28 (Reuters Breakingviews) - China is setting its annual goals but Donald Trump is flagging new tariff threats on a monthly basis. Officials in the People...Reuters
Fri, Feb 28
Other
Protest group slams Axa's proposed dividend as climate 'profiteering'
By Rebecca DelaneyFeb 27 - (The Insurer) - Environmental protest group Reclaim Finance has accused Axa of "profiteering" from the climate crisis after the French group proposed a dividend of 2.15 euros ($2.23) per share.On Thursday, Axa reported underlying group earnings of 8.08 billion euro...Reuters
Fri, Feb 28
Cryptocurrencies
Bitcoin on Track to Pass $148,000 by Q3 2025, XRP’s Growth Slowed by Selling Whales as Mutuum Finance Targets $16
Bitcoin (BTC) is amassing unstoppable steam at the value of $79,825, with its estimates propelling it above $148,000 by Q3 2025. As the flag bearer crypto plows on, XRP at $2.03 is stuck, with whales’ sell-offs hindering its rise. In another twist, a fresh Mutuum Finance (MUTM) is booming with a huge $16 value target. […]Cryptopolitan
Fri, Feb 28
