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Germany's Scholz says Munich suspect cannot hope for leniency, Focus reports
BERLIN, Feb 13 (Reuters) - German Chancellor Olaf Scholz said that a man who drove a car into a crowd of people in Munich cannot hope for leniency and must leave the country, news outlet Focus reported on Thursday. "This perpetrator cannot hope for any leniency. He must be punished and he must l...Reuters
Thu, Feb 13
Stocks
BAT takes $8 bln charge for Canadian settlement, warns on 2025 sales
Canadian lawsuit hung over BAT, rivals, for a decadeCompany takes almost $8 bln provision, case still unresolved2025 guidance disappoints amid Bangladesh, Australia headwindsShares down over 7%Adds CEO comment on vapes in paragraph 5 Feb 13 (Reuters) - British American Tobacco BATS.L on Thursday ...Reuters
Thu, Feb 13
Other
BRIEF-Laser Photonics' CMS Laser Secures Key Order From High-Performance Bike Manufacturer
Feb 13 (Reuters) - Laser Photonics Corp LASE.O:LASER PHOTONICS' CMS LASER SECURES KEY ORDER FROM HIGH-PERFORMANCE BIKE MANUFACTURERSource text: ID:nBwG1lwaFurther company coverage: LASE.OReuters
Thu, Feb 13
Forex
FOREX-Euro rises on Ukraine peace hopes, but tariff risks linger
Euro rises as US plans Russia-Ukraine peace talksHotter-than-expected US CPI adds to bets Fed will hold rates higher for longerMarkets ready for Trump's reciprocal tariffs US PPI in spotlight Updates in afternoon European tradeBy Brigid Riley and Greta Rosen Fondahn TOKYO/GDANSK, Feb 13 (Reut...Reuters
Thu, Feb 13
Other
Global Payments fourth-quarter profit rises on strong consumer spending
Feb 13 (Reuters) - Payment technology company Global Payments GPN.N reported a rise in fourth-quarter profit on Thursday, as customers ramped up spending during the holiday season. WHY IT'S IMPORTANT A strong labor market, marked by low layoffs and strong wage growth, has fueled cons...Reuters
Thu, Feb 13
Other
Musk wants to "delete entire agencies" from US government
Musk says need to delete "many" federal agenciesMusk compares federal agencies to weeds that need to be removed by the roots Comments come as Musk defends role as unelected government slayerMusk says reducing size of government means reducing regulation By Doina Chiacu WASHINGTON, Feb 13 ...Reuters
Thu, Feb 13
Commodities
India's Hindalco Industries beats quarterly profit view on improved aluminium prices
Feb 13 (Reuters) - Hindalco Industries HALC.NS, one of India's largest aluminium and copper producers, reported a better-than-expected third-quarter profit on Thursday, helped by higher aluminium prices. The Aditya Birla Group-owned company's consolidated net profit surged 60.2% to 37.35 bil...Reuters
Thu, Feb 13
Other
Steven Madden to buy UK-based luxury shoe brand Kurt Geiger in $360 million deal
Feb 13 (Reuters) - Shoe designer Steven Madden SHOO.O said on Thursday it would buy UK-based luxury brand Kurt Geiger in an all-cash deal valued at 289 million pounds ($360.09 million), expanding its presence in international markets.The New York-based owner of brands such as Dolce Vita and Betsey J...Reuters
Thu, Feb 13
Cryptocurrencies
Web3 Alliance of Saudi Arabia (WASA) launches with Sandbox, Animoca Brands and Outlier Ventures on board
The Web3 Alliance of Saudi Arabia (WASA) has launched with three global Web3 players SandBox, Animoca Brands, and Outlier Ventures, as collaborators. Outlier Ventures is a global Web3 accelerator, Sandbox is an immersive metaverse platform, while Animoca Brands is a Web3 leader that leverages blockchain to deliver digital property rights to consumers around the world […]Cryptopolitan
Thu, Feb 13
Other
BRIEF-Lightpath Technologies Acquisires G5 Infrared
Feb 13 (Reuters) - LightPath Technologies LPTH.O:LIGHTPATH TECHNOLOGIES ANNOUNCES STRATEGIC ACQUISITION OF G5 INFRAREDLIGHTPATH TECHNOLOGIES INC - AGGREGATE CONSIDERATION PAYABLE IS $27 MILLIONSource text: ID:nPn7wwj8JaFurther company coverage: LPTH.OReuters
Thu, Feb 13
Stocks
Is SoFi Technologies Stock a Buy Now?
The market is becoming more optimistic about SoFi Technologies (NASDAQ: SOFI): As of Feb. 7, its shares had risen by 132% over the prior six months, and after trading mostly below $10 for about two and a half years, they're now changing hands at nearly $15. The fintech stock is still 42% below its p...The Motley Fool
Thu, Feb 13
Other
BRIEF-NKGen Biotech Publishes Phase 1 Troculeucel Clinical Trial Results
Feb 13 (Reuters) - Nkgen Biotech NKGN.O:NKGEN BIOTECH ANNOUNCES PUBLICATION OF PHASE 1 TROCULEUCEL CLINICAL TRIAL RESULTS FOR THE TREATMENT OF ALZHEIMER’S DISEASESource text: ID:nGNX3vwKZ0Further company coverage: NKGN.OReuters
Thu, Feb 13
Other
BRIEF-Sable Offshore Receives Letter From Santa Barbara County Planning & Development Department
Feb 13 (Reuters) - Sable Offshore SOC.N:SABLE OFFSHORE: ON FEB 12, SANTA BARBARA COUNTY PLANNING & DEVELOPMENT DEPARTMENT GAVE LETTER TO COSABLE OFFSHORE: LETTER CONFIRMING LAS FLORES PIPELINE SYSTEM PIPELINE REPAIR WORK IS AUTHORIZED BY EXISTING PERMITS & WAS ANALYZED IN PRIOR EIR/EISSource...Reuters
Thu, Feb 13
Other
BRIEF-Sylvamo To Invest $145 Million In South Carolina Facilities
Feb 13 (Reuters) - Sylvamo Corp SLVM.N:SYLVAMO TO INVEST $145 MILLION IN SOUTH CAROLINA FACILITIESSYLVAMO CORP - ENTERS 20-YEAR PARTNERSHIP TO OUTSOURCE EASTOVER WOODYARD OPERATIONSSource text: ID:nBw1MsGGkaFurther company coverage: SLVM.NReuters
Thu, Feb 13
Stocks
Prediction: These 2 Stocks Will Outperform XRP Over the Next 3 Years
XRP has been one of the most explosive winners in the cryptocurrency space over the last year. Even with a recent valuation pullback, its token price is up 372% across the stretch. With that performance, it now has a market cap of roughly $139 billion and stands as the world's third-largest cryptocu...The Motley Fool
Thu, Feb 13
