News
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Brazil's BTG Pactual posts 40.3% jump in Q4 net income
SAO PAULO, Feb 9 (Reuters) - Brazilian lender BTG Pactual BPAC11.SA reported a fourth-quarter adjusted net income of 4.6 billion reais ($881.95 million) on Monday, up 40.3% from the previous year, and mostly in line with the 4.56 billion reais estimated in an LSEG poll.Total revenue came in at 9.09 ...Reuters
7 minutes ago
CANADA RESEARCH ROUNDUP-ARC Resources, CIBC , Scotiabank
Feb 9 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian companies including ARC Resources ,CIBC and Scotiabank on Monday. HIGHLIGHTS ARC Resources Ltd ARX.TO: CIBC cuts to neutral from outperformCIBC CM.TO: TD Cowen raises target price to C$142 from C$...Reuters
8 minutes ago
Deals of the day-Mergers and acquisitions
Feb 9 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1030 GMT on Monday: Singapore's DBS Group said it has acquired an additional stake in Shenzhen Rural Commercial Bank (SRCB), bringing its total shareholding in the Chinese lender to 19....Reuters
9 minutes ago
EU threatens temporary measures to stop Meta blocking AI rivals from WhatsApp
By Foo Yun Chee BRUSSELS, Feb 9 (Reuters) - EU competition regulators have threatened to stop Meta Platforms from blocking artificial intelligence rivals from its WhatsApp messaging service while it investigates suspected abuse of a dominant position by the U.S. tech giant.The European Commission...Reuters
9 minutes ago
China critic Jimmy Lai sentenced to 20 years in jail after landmark Hong Kong trial
Lai jailed for 20 years in high-profile national security caseUS, UK have called for Lai to be freedLai's family voices fear for his health, city's rule of law UK's foreign minister calls for Lai's release after 'appalling ordeal'Sentence most serious yet under HK national se...Reuters
14 minutes ago
German Federal Financial Authority - Federal Cartel Office Approves Merger Between IBM And Confluent
Feb 9 (Reuters) - GERMAN FEDERAL FINANCIAL AUTHORITY - FEDERAL CARTEL OFFICE APPROVES MERGER BETWEEN IBM AND CONFLUENTGERMAN FEDERAL CARTEL OFFICE - IBM NOT CONSIDERED A RELEVANT ALTERNATIVE TO CONFLUENT IN THE MARKETFurther company coverage: [IBM.N]Reuters
16 minutes ago
Adviser to Iran's Supreme Leader to visit Oman on Tuesday after US-Iranian talks
DUBAI, Feb 9 (Reuters) - Ali Larijani, an adviser to Iran's Supreme Leader Ayatollah Ali Khamenei and secretary of its national security council, will visit Oman on Tuesday following indirect U.S.-Iranian talks there, the semi-official Tasnim news agency reported.U.S. and Iranian diplomats engag...Reuters
18 minutes ago
Japan PM's big election win could mean more beef with Beijing
Japan PM Takaichi scored massive election win on SundayTakaichi touched off China dispute with Taiwan commentPlan to boost defence spending likely to rattle ChinaBy Tim Kelly TOKYO, Feb 9 (Reuters) - Japanese Prime Minister Sanae Takaichi’s thumping election win has blunted domestic opposition to...Reuters
20 minutes ago
Germany indicts Ukrainian over parcel bomb allegations tied to Russia
BERLIN, Feb 9 (Reuters) - Germany has indicted a Ukrainian national in connection with allegations of a plot linked to Russian intelligence to detonate parcel packages in Europe, German prosecutors said in a statement on Monday. The Russian embassy in Berlin did not immediately respond to a request ...Reuters
22 minutes ago
Olympics-Ice hockey-Underestimated Italy ready to leave it all on the ice, says captain Larkin
Italy only side without NHL playersUnderestimate Italy at your peril, says Italy captainItaly's first appearance in 20 yearsBy Trevor StynesMILAN, Feb 9 (Reuters) - Italy men's ice hockey team are more than happy to be taken lightly at their home Olympics, captain Thomas Larkin said, as the...Reuters
23 minutes ago
Indian yarn maker Trident posts quarterly profit slump as exports soften
Feb 9 (Reuters) - Indian towel and bedsheet maker Trident TRIE.NS reported a 44% fall in profit on Monday, as a U.S. tariff-triggered slowdown in exports squeezed sales during the third quarter. Consolidated net profit came in at 442.4 million Indian rupees ($4.88 million) for the three months ended...Reuters
23 minutes ago
US energy secretary to visit Venezuela to discuss PDVSA leadership, Politico reports
Feb 9 (Reuters) - U.S. Energy Secretary Chris Wright plans to visit Venezuela soon to “start the dialogue” with officials on the future leadership of Venezuelan oil company PDVSA, Politico reported on Monday.He expected the country to hold democratic elections in the next 18 to 24 months, the report...Reuters
27 minutes ago
Eddie Bauer Initiates Voluntary Chapter 11 Process
Feb 9 (Reuters) - Eddie Bauer:EDDIE BAUER LLC, OPERATOR OF US AND CANADIAN STORES, INITIATES VOLUNTARY CHAPTER 11 PROCESS WITH SUPPORT OF LENDERSEDDIE BAUER: TO CONTINUE PURSUING SALE PROCESS FOR VALUE-MAXIMIZING GOING-CONCERN SALEEDDIE BAUER: E-COMMERCE & WHOLESALE OPERATIONS TRANSITIONED TO NE...Reuters
29 minutes ago
Germany indicts Ukrainian over parcel bomb allegations tied to Russia
BERLIN, Feb 9 (Reuters) - Germany has indicted a Ukrainian national in connection with allegations of a plot linked to Russian intelligence to detonate parcel packages in Europe, German prosecutors said in a statement on Monday. The Russian embassy in Berlin did not immediately respond to a request ...Reuters
45 minutes ago
Olympics-Alpine skiing-Johnson and Shiffrin form US combined power pairing
Johnson holds world and Olympic downhill titlesShiffrin dominant in slalom this seasonBy Alan Baldwin CORTINA D'AMPEZZO, Italy, Feb 9 (Reuters) - The most successful World Cup Alpine skier of all time Mikaela Shiffrin and downhill world and Olympic champion Breezy Johnson will form a U.S. pow...Reuters
51 minutes ago
Olympics-Early LA 28 Games start for athletics may be beneficial, says Coe
Athletics moved to first week of LA 2028 OlympicsCoe sees early start as beneficial for athleticsChallenges include ensuring logistics are readyBy Iain Axon MILAN, Feb 9 (Reuters) - Moving athletics into the first week of the Los Angeles 2028 Olympics rather than their traditional second-week...Reuters
59 minutes ago
UK borrowing costs rise as investors weigh PM Starmer's future
Feb 9 (Reuters) - British government bond yields rose early on Monday as investors continued to question the political future of Prime Minister Keir Starmer, although they later eased to move more in line with U.S. Treasuries. Starmer's chief of staff, Morgan McSweeney, quit on Sunday, saying he...Reuters
an hour ago
QUOTES-Reaction to Hong Kong tycoon Jimmy Lai's 20-year sentence in security trial
Feb 9 (Reuters) - Hong Kong's most vocal China critic, media tycoon Jimmy Lai, was sentenced on Monday to 20 years in jail, ending the city's biggest national security case which drew international concern about Beijing's clampdown on the city's freedoms and autonomy.Here is reaction...Reuters
an hour ago
