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Russia's Yandex reports record annual revenues for 2024
Adds detail in paragraphs 3, 7, 9-10By Gleb Stolyarov and Alexander Marrow Feb 20 (Reuters) - Russian internet firm Yandex YDEX.MM reported annual revenues above 1 trillion roubles ($11.22 billion) for the first time on Thursday, in a year when the business underwent a significant restructuring. ...Reuters
Thu, Feb 20
Other
Airline market 'precarious' but softening to continue unless capacity withdraws
By Michael JonesFeb 19 - (The Insurer) - Longstanding soft market conditions will continue in the airline insurance sector unless capacity withdraws, despite preliminary 2025 loss estimates already exceeding net annual premium levels, multiple senior aviation sources have told The Insurer.Monday'...Reuters
Thu, Feb 20
Other
UK's Indivior forecasts 17% decline in 2025 revenue
Feb 20 (Reuters) - British drugmaker Indivior INDV.L on Thursday projected a 17% decline in 2025 net revenue at the midpoint of its forecast range, partly hurt by sluggish sales of its film-form medication-assisted therapy for opiate addiction.The company expects 2025 net revenue between $955 millio...Reuters
Thu, Feb 20
Commodities
ASIA COFFEE-Vietnam supplies decline, Indonesia prices 'unpredictable'
By Phuong Nguyen and Mas Alina Arifin HANOI, Feb 20 (Reuters) - Robusta supplies in Vietnam dwindled this week after robust sales in the past two weeks, as farmers were reluctant to sell in anticipation of higher prices, while prices were "unpredictable" in Indonesia, traders said on Thur...Reuters
Thu, Feb 20
Cryptocurrencies
Solana’s annualized inflation surges 30.5% after SIMD 96 implementation
Solana's SOL token jumped 30.5% in annualized inflation following the implementation of SIMD 96 on February 12th. The implementation of SIMD 96 decreased the amount of SOL burned daily from 18,000 SOL to 1,000 SOL, impacting the real economic value (REV) distributed to token holders.Cryptopolitan
Thu, Feb 20
Other
Mercedes-Benz CFO: margin for cars division in Q1 expected between 6-8%
Feb 20 (Reuters) - Mercedes-Benz MBGn.DE expects the margin for its cars division in the first quarter to be within the 6-8% guidance for the year but its forecasts do not include the impact of any potential new U.S. tariffs on EU imports, the company's finance chief said on Thursday.Adhering to...Reuters
Thu, Feb 20
Commodities
BRIEF-Grieg Seafood Expects Harvest Volumes Of 18,800 Tonnes In Q1
Feb 20 (Reuters) - Grieg Seafood ASA GSFG.OL:SAID ON WEDNESDAY EXPECTS HARVEST VOLUMES OF 18,800 TONNES IN Q1 2025FOR 2025, EXPECTS HARVEST VOLUMES OF 84,000 TONNESDEMAND FOR ATLANTIC SALMON IS EXPECTED TO REMAIN STRONGPOTENTIAL IMPOSITION OF TARIFFS ON GOODS EXPORTS INTO U.S. ADDS UNCERTAINTY, PART...Reuters
Thu, Feb 20
Commodities
UK's Centrica unveils $630 million share buyback, keeps 2025 forecast
Adds details on LNG deal and pension review in paragraph 2, results and estimate in paragraphs 3 and 4Feb 20 (Reuters) - Centrica CNA.L announced a share buyback of 500 million pounds ($629.70 million) on Thursday and maintained its 2025 forecast, after the British Gas owner reported annual profit i...Reuters
Thu, Feb 20
Other
BRIEF-Airbus CEO Says The Company Is In 'Wait-And-See' Mode On US Tariffs
Feb 20 (Reuters) - Airbus SE AIR.PA:AIRBUS CEO: ON U.S. TARIFFS, WE HAVE NOT TAKEN MAJOR ACTIONS SO FAR, WE HAVE NOT CHANGED OUR PRODUCTION SYSTEM - EARNINGS CALLAIRBUS CEO: WE HAVE A NUMBER OF POSSIBILITIES TO ADAPT WHEN THINGS WILL COME, IF AND WHEN THEY COME, WE ARE MORE IN THE WAIT-AND-SEE MODE ...Reuters
Thu, Feb 20
Forex
Gold hits new record-high, USD struggles to find direction
While major currency pairs are having a tough time making a decisive move in either direction, Gold extends its uptrend to a new record-high on Thursday. The US economic calendar will feature the weekly Initial Jobless Claims report and the European Commission will publish the preliminary Consumer C
Fxstreet
Thu, Feb 20
Cryptocurrencies
Inflation Heats Up! Bitcoin Reserve Breakthrough! Is BTC Price About to Break $100,000?
The minutes from the Federal Reserve's meeting indicate rising inflation concerns and new developments in Bitcoin strategic reserves, boosting Bitcoin's price rebound. But can it break the $100,000 mark?
TradingKey
Thu, Feb 20
Commodities
Tenaris flags US steel tariff uncertainty, names new finance chief
Updates Wednesday's story with second half outlook, analyst comment and dividend Feb 20 (Reuters) - Italian steel pipe maker Tenaris TENR.MI has warned that a tariff hike by U.S. President Donald Trump on steel and aluminum will create a "high level of uncertainty" for costs and price...Reuters
Thu, Feb 20
Commodities
METALS-Most metals climb as traders gauge prospect of US-China trade deal
Adds details and updates prices SHANGHAI, Feb 20 (Reuters) - Metals rose as U.S. President Donald Trump said "it's possible" for the U.S. and China to have a new trade deal, while aluminium climbed nearly 1% on Thursday following EU envoys' agreement to ban Russian primary alumini...Reuters
Thu, Feb 20
Stocks
RPT-BUZZ-COMMENT-Good chance yen's better fortune is short-lived
Repeats comment related year-end yen flows Feb 20 (Reuters) - There is a good chance the Japanese yen's better fortune is short-lived with the currency supported until the end of the current fiscal year and then weighed by domestic demand for foreign assets when the new one begins.Traditiona...Reuters
Thu, Feb 20
Other
Zurich Insurance operating profit just above forecasts, assesses California wildfires impact
Adds board nomination, analysts comments, paragraphs 2, 4By Paolo Laudani Feb 20 (Reuters) - Zurich Insurance ZURN.S reported slightly higher-than-expected annual operating profit on Thursday, as insurers ride out the impact of climate disasters and wars.It also said it will propose the election ...Reuters
Thu, Feb 20
Other
SAP proposes 2.35 eur dividend per share, up from 2.20 eur
FRANKFURT, Feb 20 (Reuters) - German business software giant SAP SAPG.DE on Thursday proposed an increased annual dividend of 2.35 euros ($2.45) per share for 2024, up from 2.20 euros from a year earlier.In a statement, it added that the proposal would amount to a total payout of 2.74 billion, or 51...Reuters
Thu, Feb 20
Stocks
LIVE MARKETS-Europe before the bell: Ukraine, tariffs, earnings in focus as futures inch up
Welcome 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.comEUROPE BEFORE THE BELL: UKRAINE, TARIFFS, EARNINGS IN FOCUS AS FUTURES INCH UPEuropean equity futures are a touch higher on Thursday, a...Reuters
Thu, Feb 20
Other
Fidelis reveals $287 million Russia-Ukraine charge and $160 million to $190 million wildfire hit
By David BullFeb 19 - (The Insurer) - Fidelis Insurance Group revealed on Wednesday that its fourth-quarter and full-year results will be affected by a $287.2 million net adverse development charge in its aviation and aerospace line of business related to the 2021 and 2022 underwriting years impacte...Reuters
Thu, Feb 20
