Perspecta News

Auto and Transport Sector Market Talk

A roundup of current market discussions and insights within the automotive and transportation industries.

Companies Resume Price Hikes Amid Inflationary Pressures

After a brief pause, companies are once again increasing prices, signaling a potential resurgence in inflationary trends.

Hapag-Lloyd in Advanced Talks to Acquire ZIM Integrated Shipping

Shipping giant Hapag-Lloyd is reportedly in advanced discussions to acquire Israel's ZIM Integrated Shipping.

3 sources·6m ago·

wsjreutersbloomberg

Eni Announces Major Gas and Condensate Discovery Offshore Ivory Coast

Italian energy company Eni has reported a significant discovery of gas and condensate reserves offshore the Ivory Coast, marking a new development in the region's energy sector.

Edwards Lifesciences Ends Anti-Copycat Policy, EU Drops Antitrust Probe

Edwards Lifesciences has scrapped its anti-copycat policy, leading the European Union to drop its antitrust investigation into the company's practices.

Iran to Launch Water and Power Projects in Khuzestan

New water and power projects are slated for launch in Iran's Khuzestan province during an upcoming visit by the energy minister.

tehran-times

APAC Battery Manufacturing Plant Construction Expected to Surge

Reports indicate a significant increase in the construction of battery manufacturing plants across the Asia-Pacific region, driven by growing demand.

2 sources·6m ago·

CEO and Family Among Victims in Colorado Plane Crash

A millionaire CEO and members of his family have been identified among the four victims killed in a recent plane crash in Colorado.

UK Explores Accounting Reforms to Attract Chinese IPOs

The UK is considering changes to its accounting regulations as part of a government-backed effort to boost the pipeline of Chinese company listings on its exchanges.

1 sources·16m ago·

Lloyds Boss Addresses Concerns Over Staff Data Use in Pay Negotiations

The CEO of Lloyds Bank has acknowledged concerns regarding the bank's use of employees' spending habits in pay talks, which drew criticism.

1 sources·16m ago·

Treasury Wine Estates Reports Widened Losses Following US Impairment

Treasury Wine Estates has confirmed widening losses, primarily due to an impairment charge related to its U.S. operations.

2 sources·16m ago·

Optima Health Acquires PAM in £100m Deal to Boost Scale

Optima Health has completed a £100 million acquisition of PAM, a move brokers describe as defensive and earnings-enhancing, aimed at expanding its operational scale.

2 sources·16m ago·

Founding Leaders Reclaim Control of Matthews International

Founding-era leaders have successfully regained control of Matthews International, marking a significant shift in the company's governance.

2 sources·16m ago·

European Gas Prices Fall Despite Tight Storage

European gas prices have seen a decline as supply remains steady, even with storage levels remaining tight across the continent.

Prospective Sheffield Wednesday Owner Faces Lawsuit from Former Business Partner

The individual poised to become the new owner of Sheffield Wednesday football club is reportedly being sued by a former business partner. This legal challenge could impact the club's ownership transition.

times-uk

Royal Mail Warns of Service Delays Due to Storms and Staff Sickness

Royal Mail has issued a warning about potential service delays, attributing them to recent storms and an increase in staff sickness. The postal firm is reportedly facing complaints regarding delayed mail and the prioritization of parcels over letters.

Used Car Tycoon Alleges Wrongful Dismissal Over Offensive Comments

Peter Waddell, a prominent used car tycoon, claims he was wrongfully dismissed from his own business following allegations of offensive comments. He asserts that his disabilities were not considered during the internal disciplinary process.

Cleveland Company Acquires Green Bay Paper Merchant

A Cleveland-area company has purchased a 92-year-old paper merchant based in the Green Bay area. This acquisition marks a significant business transaction in the paper industry.

Kate Spade Outlet Offers Up to 70% Off During Presidents' Day Sale

The Kate Spade Outlet is holding a Presidents' Day Sale, offering significant discounts of up to 70% on luxury bags and other items.

enews

Vitol Backs Proposed $3 Billion LNG Power Plant for South Africa's Durban Port

Vitol is supporting a proposed $3 billion liquefied natural gas (LNG) power plant project slated for South Africa's Durban port.

Architects Stefano Boeri and Cino Zucchi Indicted Over Milan's BEIC Project

Renowned Italian architects Stefano Boeri and Cino Zucchi, along with four others, have been indicted in connection with Milan's BEIC project.

ansa

Oil Prices Consolidate Amid Prospects of OPEC+ Supply Increase

Oil prices are consolidating, with market participants weighing the potential impact of an anticipated supply increase from OPEC+.

QuidelOrtho and Lifotronic Expand Global Immunoassay Portfolio

QuidelOrtho and Lifotronic have announced an agreement to expand their global immunoassay portfolio, enhancing their offerings in the diagnostic market.

2 sources·36m ago·

Memphis Stage Road Development Planned Near Captain D's

A new development is being planned on Stage Road in Memphis, near the Captain D's restaurant.

Oil Prices Supported by U.S.-Iran Tensions

Oil prices are experiencing support due to an increased risk premium stemming from heightened tensions between the United States and Iran.

1 sources·46m ago·

Aviko Acquires Control of Spanish Peer Eurofrits

Aviko, a leading potato products manufacturer, has acquired a controlling stake in its Spanish counterpart, Eurofrits, expanding its market presence.

Tyson and Cargill Settle 20-Year Oklahoma Pollution Case

Tyson Foods and Cargill have reached a settlement with the state of Oklahoma, resolving a two-decade-long legal battle over alleged pollution.

McDonald's Tests High Protein Menu Amid Rise in GLP-1 Drug Users

McDonald's is reportedly testing a new high-protein menu in response to the growing number of consumers using GLP-1 weight-loss drugs and seeking healthier options.

Azets Appoints Tina Warhurst as Corporate Tax Director in Manchester

Azets has announced the appointment of Tina Warhurst as its new corporate tax director in Manchester, strengthening its leadership team.

Lowe's Cuts 600 Corporate Roles to Prioritize Store Operations

Lowe's has announced the elimination of 600 corporate positions as part of a strategic shift to focus more on store-level operations and customer service.

Japan's Economy Avoids Recession with Modest GDP Growth

Japan's economy grew by 0.2% annually in the last quarter of 2025, according to preliminary data, narrowly avoiding a technical recession after a previous contraction.

daily-sabahfrance24

Lloyds Investigates Use of Staff Banking Data in Pay Talks

Lloyds is conducting an investigation into the alleged use of staff banking data during pay negotiations. CEO Charlie Nunn acknowledged concerns among staff regarding the issue.

1 sources·56m ago·

LafargeHolcim Unveils Salinity-Resistant Cement for Coastal Areas

LafargeHolcim has introduced a new salinity-resistant cement specifically designed for use in coastal regions. This product aims to address construction challenges in high-saline environments.

1 sources·56m ago·

Türkiye and Morocco Trade Volume Exceeds $5 Billion

Trade volume between Türkiye and Morocco has surpassed the $5 billion mark for the first time, indicating strengthening economic ties. Rabat is also reportedly seeking to boost investment from Türkiye.

1 sources·56m ago·

daily-sabah

Immunic Secures $400 Million Funding for Commercial Development

Immunic has successfully secured $400 million in funding to support the commercial-stage development of its projects. This capital injection will aid in advancing its pipeline.

JSW MG Plans Rs40bn Investment for Halol Plant Expansion in India

JSW MG is reportedly planning a significant investment of Rs40 billion to expand the capacity of its Halol plant in India. This expansion aims to boost production capabilities in the region.

Genki Global Dining Concepts to Acquire Australian Sushi Operator

Genki Global Dining Concepts is set to acquire an Australian sushi operator, expanding its presence in the international dining market. This move signifies strategic growth for the company.

Siegwerk and Revere Group Extend Packaging Partnership

Siegwerk and Revere Group have announced the extension of their existing partnership in the packaging industry. This collaboration aims to continue their joint efforts in the sector.

China's Russian Oil Imports Reach Record High as India Cuts Back

China is projected to import a record volume of Russian oil in February, coinciding with a reduction in Russian oil imports by India.

2 sources·1h ago·

times-indiareuters

Japan's Sojitz Expands Australian Rare Earth Imports

Japanese trading firm Sojitz plans to increase its imports of rare earth minerals from Australia as its partner expands its product offerings, signaling growing demand for these critical materials.

Bioextrax Announces Collaboration with Lantmännen

Bioextrax has entered into a new collaboration agreement with Lantmännen, a prominent agricultural cooperative.

GDB Holdings Clarifies Recent News Article

GDB Holdings has issued a clarification regarding information presented in a recent news article.

Halal Certification Opens New Markets for Vietnamese Goods

Halal certification is creating new market opportunities for Vietnamese products, facilitating their entry into global markets.

Brewdog Staff Express Concern Over Potential Sale Plans

Employees at craft beer firm Brewdog are reportedly upset and concerned about their future following the company's announcement to explore new investment and sale options.

Mercedes-Benz Recalls Electric Vehicles Over Battery Fire Risk

Mercedes-Benz has issued a recall for nearly 12,000 electric vehicles due to concerns that their battery packs could ignite, posing a safety risk.

zerohedge

NLCIL and NALCO Ink Thermal and Renewable Energy Development Deal

Indian public sector undertakings NLCIL and NALCO have signed an agreement to collaborate on the development of thermal and renewable energy projects.

2 sources·1h ago·

European Natural Gas Prices Fall on Milder Weather Forecast

European natural gas prices have dropped to a five-week low as weather forecasts indicate milder conditions, reducing demand for heating.

2 sources·1h ago·

bloombergwsj

German City Dependent on Car Parts Faces Uncertain Economic Future

A German city whose economy is historically built on the car parts industry is now looking towards an uncertain future amid shifts in the automotive sector.

Intellego Technologies Proposes Fredrik Olsson as New Chairman

Intellego Technologies has put forward Fredrik Olsson as its proposed new chairman, pending shareholder approval.

Chevron-Led Consortium Secures Gas Exploration Contracts Off Greece

A consortium led by Chevron has signed contracts for gas exploration activities in offshore Greece, signaling new energy development in the region.

Aviation Workers Strike Causes Flight Delays and Disruptions

Air travel faces significant disruptions and flight delays as aviation workers in the country have gone on strike.

Former Superyacht Captain Launches Exclusive Ocean Club

A former captain of a Saudi billionaire's superyacht is now developing a members-only club at sea, leveraging his extensive experience in luxury maritime travel.

Oil Prices Remain Steady Ahead of US-Iran Negotiations

Global oil prices are holding broadly steady as markets anticipate upcoming talks between the United States and Iran.

yahoo-financereutersyahoo

Azule Energy and Eni Confirm Significant Oil Discovery Offshore Angola

Azule Energy, a joint venture involving Eni, announced a significant oil discovery at the Algaita-01 well in Angola's Block 15/06, with Eni confirming the find.

3 sources·1h ago·

Amazon Faces Significant Stock Drop, Recalling Bezos's Past Advice

Amazon's stock experienced its longest daily losing streak in nearly two decades, prompting a look back at Jeff Bezos's advice to shareholders after the 2000 crash.

bloombergtimes-india

Snap CTO Sells Shares as Stock Hits All-Time Low

Snap's Chief Technology Officer has sold 2 million shares as the company's stock price reached an all-time low.

yahoo-finance

Philippines' First Gen to Invest $1.3 Billion in Hydropower Business

Philippines' First Gen is set to acquire a stake in a hydropower business for $1.3 billion, expanding its renewable energy portfolio.

Wasserman to Sell Talent Agency Following Leader's 'Personal Mistakes'

Casey Wasserman is reportedly selling his talent agency after acknowledging 'past personal mistakes'.

DP World Chairman Bin Sulayem Resigns Amid Epstein Ties Exposure

Dubai's Sultan Ahmed bin Sulayem has resigned from his role as chairman of DP World following the exposure of his ties to Jeffrey Epstein.

Goldman Sachs CEO's Loyalty to Departing Lawyer Causes Internal Unease

The Goldman Sachs CEO's strong loyalty to a departing lawyer has reportedly caused internal discomfort within the bank.

Lux Capital and Flutterwave CEO Invest in Nigerian Drone Manufacturer

Lux Capital and the CEO of Flutterwave have invested in a Nigerian drone manufacturing company, signaling growing interest in African tech.

Macquarie-Led Consortium to Acquire Qube Holdings for $8.3 Billion

A group led by Macquarie has reached an agreement to purchase Qube Holdings in an $8.3 billion deal.

India Aims to Boost Private Investment in High-Speed Road Projects

India is actively seeking to revive private sector investment in the development of its high-speed road network.

a2 Milk Raises Revenue Guidance on Strong China Formula Sales

a2 Milk has increased its revenue guidance, driven by a significant rise in its infant formula sales in China.

New Tunnel Project Aims to Transform Los Angeles Infrastructure

A new tunnel project is underway in Los Angeles, expected to significantly transform the city's transportation infrastructure.

Waltons Enter Top 10 Richest, Nvidia's Huang Drops Out

The Walton family has re-entered the top 10 richest individuals, while Nvidia's Jensen Huang has fallen out of the ranking.

China Summons Alibaba and Other Platforms Over Pricing Concerns

Chinese regulators have summoned Alibaba and other major online platforms to address concerns regarding their pricing practices.

Affordable Used EVs Drive Sales Amid Stagnant New Model Market

Sales of used electric vehicles priced under $25,000 are surging, contrasting with languishing sales of new EV models.

Nvidia Secures Data Center Lease with $3.8 Billion Junk Bond Funding

Nvidia plans to lease a new data center, financed by $3.8 billion in junk bonds, to support its expanding operations.

China Unveils Growth Plans for Tea and Liquor Industries

China is implementing new measures aimed at fostering further growth within its tea and liquor industries.

Amazon-Backed Nuclear Company Gains US Reactor Fuel Approval

An Amazon-backed nuclear company has received US approval for its reactor fuel, marking a significant step in its development.

FTC Probes Microsoft on Cloud and AI Practices

The Federal Trade Commission (FTC) is intensifying its probe into Microsoft, questioning rivals about the company's cloud and AI practices.

US Natural Gas Prices Drop on Warmer Outlook

US natural gas prices have fallen to their lowest in four months due to a warmer weather outlook.

Alibaba Leads Tech Slide After Pentagon Blacklist Scare

Alibaba's stock led a tech sector slide after the Pentagon briefly displayed the company on a blacklist.

Dubai Appoints Executive to Protect DP World Asset

Dubai has appointed a trusted executive to oversee and protect a prized asset belonging to DP World.

Moloco Taps Goldman Sachs, JPMorgan for IPO

Ad platform Moloco is reportedly selecting Goldman Sachs and JPMorgan to lead its upcoming Initial Public Offering (IPO).

World's Second Largest Gold Miner Open to M&A

The CEO of the world's second-largest gold mining company has indicated a willingness to pursue mergers and acquisitions.

MBS's $100 Billion Quest Supported by Mecca Boom

Saudi Arabia's Crown Prince Mohammed bin Salman's $100 billion development quest is being bolstered by a boom in Mecca, even as the Neom project experiences slowdowns.

California Imports Fuel from Bahamas Amid Shortage

California, facing a gasoline shortage, is now importing fuel from the Bahamas to meet demand.

Family Fights for Control of 157-Year-Old Japanese Firm

A family in Japan is engaged in a battle to maintain control over their 157-year-old company.

Supertanker Bet Impacts Oil Market

A significant investment in supertankers is creating ripples throughout the global oil market.

Galderma Appoints Luigi La Corte as CFO

Galderma, a dermatology company, has announced the appointment of Luigi La Corte as its new Chief Financial Officer.

BlueScope Steel Exceeds Profit Estimates, Shares Fall

Australia's BlueScope Steel reported profits that beat estimates and lifted its outlook, yet its shares experienced a decline.

USDA Raises Bangladesh's Wheat Import Forecast

The United States Department of Agriculture (USDA) has increased its forecast for Bangladesh's wheat imports.

SME-Friendly Policies Crucial for Green Funds

Experts argue that green funds will not be effective without the implementation of policies that are friendly to small and medium-sized enterprises (SMEs).

Japan's Economy Shows Scant Growth in Q4

Japan's economy experienced only scant growth in the fourth quarter, posing a challenge for policymakers like Takaichi.

jakarta-post

Global Trade Deals Flourish Amid Tariff Wars

Despite an era marked by tariff wars, new trade deals are reportedly flourishing globally, indicating ongoing international economic activity.

jakarta-post

Prospective Sheffield Wednesday Owner Sued

The prospective owner of Sheffield Wednesday football club is facing a lawsuit filed by a former business partner.

times-uk

Ironman Group CEO Shares Daily Routine

The CEO of The Ironman Group, Scott DeRue, shares his daily routine, which includes mountain climbing training and watching 'Schitt's Creek'.

Auto and Transport Market Roundup

A market talk roundup provides insights into the latest developments and trends within the auto and transport sectors.

Snap CTO Sells Shares as Stock Hits Low

Snap's Chief Technology Officer sold 2 million shares of the company as its stock reached an all-time low.

China's Domestic Market and Oil Demand Highlighted

President Xi Jinping emphasizes China's 'super-large' domestic market as crucial for boosting local demand, coinciding with a jump in Saudi oil sales to China following price cuts.

Iran Reports Growth in Iron Ore and Date Exports

Iran's economy shows growth in key sectors, with iron ore concentrate output rising 9% and lump ore up 44% over nine months, while date exports increased 25% in 2024, generating $213 million.

tehran-times

Major Funding Rounds for AI and Defense Technology Firms

Several AI and defense technology companies are securing significant investments, with Blackstone leading a $600 million round for Neysa, Shield AI seeking $1 billion, and Anduril in talks for $60 billion in new funding.

Companies Increase Prices Amid Inflationary Pressures

Companies are resuming price hikes, indicating a return to inflationary trends. This is exemplified by a 15% increase in beef prices driven by a shrinking cattle herd in America.

bloombergwsj

China's Auto Market Faces Sales Decline and Price War Intervention

Chinese vehicle sales dropped by 3% in January, prompting the government to introduce new policies aimed at halting a damaging price war within the automotive industry.

Inovar Packaging Acquires Kiliper to Expand Capabilities

Inovar Packaging has acquired Kiliper, a strategic move aimed at expanding its product capabilities and market reach.

Capgemini Reports Mixed Financial Results

Capgemini announced a 4.2% drop in profit to $1.9 billion, despite an increase in revenue to $26.7 billion, indicating mixed financial performance.

Fast-Food Industry Reports Rapid Profit Growth

The fast-food sector is experiencing significant and rapid profit growth, indicating a booming market for quick-service restaurants.

High Residential Rates Exclude Most Greeks from Housing Market

Elevated residential property rates are making it difficult for the majority of Greeks to enter or participate in the housing market.

Paradoxical Trends Emerge in Greek Labor Market

A new report highlights a paradox within the local labor market in Greece, suggesting unusual or contradictory employment trends.

Greek Taxi Drivers Announce New Strike Action

Taxi drivers in Greece have announced plans for new strike action, indicating ongoing labor disputes or demands within the sector.

Greece Signs Hydrocarbon Exploration Agreements with Chevron and Helleniq Energy

Greece has finalized concession agreements with Chevron and Helleniq Energy for the exploration of hydrocarbons in four offshore blocks located south of Crete and the Peloponnese.

greek-reporter

The Rise of Side Hustles in the United States

Many Americans are embracing side hustles to supplement their income or pursue passions outside their full-time jobs. This trend highlights a growing culture of entrepreneurship and diversified income streams.

Target's New CEO Michael Fiddelke Begins Tenure

Michael Fiddelke has completed his first two weeks as Target's new CEO, taking the helm of the retail giant.

Wendy's Q4 Profit Halves Amid Lower US Sales

Wendy's reported a significant drop in its fourth-quarter 2025 profit, with revenues negatively impacted by decreased sales in the United States.

Warner Bros Discovery Considers New Sale Talks After Paramount Offer

Warner Bros Discovery's board is weighing new sale talks following a fresh offer from Paramount, which could potentially ignite a bidding war involving Netflix. The company is evaluating its strategic options.

Instacart Reveals Salaries for Key Roles

Instacart has disclosed salary information for various positions, including data scientists and engineering managers. The company also hired software engineers and data scientists on H-1B visas last year.

Supervisor Jobs Decline Across America

Supervisor positions, once a common and growing job category, are now among the hardest-hit jobs in America. This trend indicates a significant shift in the country's employment landscape.

wapo

Abacus Worldwide Appoints Tiat Jin Ooi as APAC Regional Director

Abacus Worldwide has announced the appointment of Tiat Jin Ooi as its new APAC regional director. This move aims to strengthen the organization's leadership in the Asia-Pacific region.

Corporate America Retreats from DEI Commitments Amid Legal Challenges

Fortune 500 companies are significantly reducing their diversity, equity, and inclusion (DEI) commitments, with a 65% drop observed. This shift is attributed to mounting legal challenges and a broader corporate reevaluation of DEI programs.

foxnews

Saab Signs MOU with Ukraine's JSC UDI

Swedish defense company Saab has signed a Memorandum of Understanding (MOU) with Ukraine's state-owned defense industrial group, JSC UDI, signaling potential future collaboration.

Treasury Wine Pauses Dividend After Significant US Business Writedown

Treasury Wine Estates has announced a pause in its dividend payments following a substantial writedown on its US business operations.

Investigation into Jeffrey Epstein's Wealth Unveiled

A report delves into how Jeffrey Epstein amassed his fortune, highlighting his connections to elite circles and his money management for billionaires.

Mali Renews Barrick's Loulo Project Permit for Ten Years

Mali has granted a ten-year renewal for Barrick Gold's Loulo project permit, allowing continued operations.

Cove Kaz and Tau-Ken Samruk Partner on Kazakhstan Tungsten Project

Cove Kaz and Tau-Ken Samruk have announced a partnership to develop a tungsten project in Kazakhstan.

Royal Mail Attributes Late Deliveries to Adverse Weather and Staff Sickness

Royal Mail has cited bad weather and high levels of staff sickness as the reasons for ongoing late deliveries, leading to missed rounds and the prioritization of parcels over letters.

Dunelm Announces Share Buyback Program Up to £17 Million

Dunelm has stated that the purchase price of shares acquired under its buyback program will not exceed £17 million, as part of its ongoing financial strategy.

India's RERA Faces Supreme Court Scrutiny Over Failure to Publish Annual Reports

India's Real Estate Regulatory Authority (RERA) is under fire from the Supreme Court for allegedly failing to publish mandated annual reports, raising concerns about the protection of homebuyer interests.

times-india

Kato Works and ACE Finalize Capital Terms for Indian Joint Venture

Kato Works and ACE have reached an agreement on the capital contribution terms for their joint venture in India, signaling progress in their collaborative efforts in the region.

Amazon Delivery Van Stranded on Dangerous Mudflat Path in UK

An Amazon delivery van became stuck on the notorious Broomway mudflat path in the Thames estuary after its GPS system directed the driver onto the hazardous route.

Branded Entertainment Startup IPX Launches in Dubai

Anthony Damianakis and Pete Fergusson, two prominent branded entertainment executives, have launched IPX, a new Dubai-based startup aimed at connecting brands with content.

variety

Supply Chain Faces Packaging Constraints

Reports indicate ongoing challenges within the supply chain, specifically highlighting constraints related to packaging materials.

Economic Outlook: Walmart Earnings, Spending Data, and AI Disruptions to Watch

This week's economic calendar includes key events such as Walmart's earnings report, new spending data, and ongoing developments in AI disruptions, all of which are expected to influence market trends.

yahoo-finance

Japan's Premium Streaming Sector Reaches $7.2 Billion Revenue

Japan's premium streaming sector saw significant growth in 2025, reaching $7.2 billion in revenue with Netflix leading the market.

deadline

Genesis Minerals to Acquire Magnetic Resources for $452 Million

Australian miner Genesis Minerals plans to acquire Magnetic Resources in a deal valued at $452 million, expanding its mining portfolio.

Pacific Lime And Cement Secures Quicklime Offtake with Newmont

Pacific Lime And Cement has secured a cornerstone quicklime offtake agreement with mining giant Newmont.

Equinor Discovers New Oil and Gas in North Sea

Equinor has announced a new oil and gas discovery in the North Sea, potentially adding to the region's energy reserves.

North Sea Gas Maintenance Schedule Released

The maintenance schedule for North Sea gas operations has been released, providing crucial information for energy traders and stakeholders.

Carlyle Injects £150 Million into Debt-Laden Retailer Very

US owners Carlyle have injected £150 million into the debt-laden retailer Very as part of a broader deal to extend some of its existing loans.

Gen Z Reshapes Restaurant Loyalty Programs

Gen Z is increasingly leading sign-ups for restaurant loyalty programs, prompting brands to adapt their reward strategies to cater to this demographic.

Volkswagen Plans 20% Cost Reduction by 2028

German automaker Volkswagen is reportedly planning to cut costs by 20% across all its brands by the end of 2028, according to Manager Magazin.

daily-sabahreuters

ReNew Energy Global Reports Strong Earnings, Exceeding Expectations

ReNew Energy Global announced GAAP EPS of $0.00, beating estimates by $0.10, and revenue of $280 million, surpassing expectations by $16.96 million.

seeking-alpha

identitii to Sunset Legacy Overlay+ Platform

identitii has announced its decision to discontinue its legacy Overlay+ platform, signaling a shift in its product strategy.

Forrestania Resources Announces Macphersons Reward Acquisition

Forrestania Resources has confirmed the acquisition of Macphersons Reward, a move expected to impact its resource portfolio.

Arla Foods Launches 'Cool Cow Yoghurt' in Nigeria

Arla Foods has introduced 'Cool Cow Yoghurt' in Nigeria, a new product made with 100% fresh milk sourced from the Arla-Dano Farm in Kaduna.

premium-times

Kerry Properties Secures Hong Kong Residential Plot for US$177 Million

Hong Kong-based Kerry Properties has won a tender for a residential plot in Shau Kei Wan for HK$1.38 billion (US$177 million) after competitive bidding.

World Cup 2026 Sees Falling US Airfares from Europe, Rising Domestic Prices

Airfares from Europe to US host cities for the 2026 World Cup are reportedly cheaper than last year, while domestic US flight prices are soaring.

EVP of Major Trucking Company Sells All Insider Shares

The Executive Vice President of North America's largest full truckload company has divested all of their insider shares.

Online Casino CEO Sells $44 Million in Company Shares

The CEO of a leading online casino and sports betting company has sold 247,000 shares, totaling $44 million.

Enstar to Acquire AF Group from Blue Cross

Enstar Group has reached an agreement to purchase AF Group from Blue Cross, expanding its portfolio through this acquisition.

Eni Confirms Major Oil Discovery Offshore Angola

Italian energy company Eni has announced a significant oil discovery offshore Angola, estimated to contain 500 million barrels.

Commonwealth LNG Secures 20-Year Supply Deal with Aramco Trading

Caturus' Commonwealth LNG has finalized a 20-year Sale and Purchase Agreement (SPA) with Aramco Trading, ensuring a long-term supply of liquefied natural gas.

Bioleachers Face Slow Uptake in Copper Extraction

Companies utilizing bioleaching technology are reportedly sitting on significant copper reserves, but the adoption rate of this method remains slow.

Jollibee Group Opens New Multi-Brand Commissary in Cebu

The Jollibee Group has inaugurated its first multi-brand, state-of-the-art commissary in Danao, Cebu, aiming to support the growth of its brands in the Visayas and Mindanao regions.

rappler

Thailand's Economy Rebounds Stronger Than Expected

Thailand's economy grew faster than anticipated last quarter, leading the government to raise its 2026 outlook despite challenges from tourism decline and the pandemic.

Village Farms International Launches New Products in the Netherlands

Village Farms International (VFF) has introduced ten new product offerings in the Netherlands, expanding its market presence.

Torrent Power to Acquire L&T Coal-Plant Operator for $760 Million

India's Torrent Power is set to acquire a coal-plant operator from Larsen & Toubro for approximately $760 million, marking a significant deal in the energy sector.

Japan Eases Import Rules for US-Standard Cars

Japan's Ministry of Land, Infrastructure, Transport and Tourism has revised ordinances, allowing cars meeting US safety standards to be imported without additional testing. This change is based on a Japan-US agreement concerning tariff measures.

nhk

Bedding Firm Drops 'Swift Home' Trademark After Taylor Swift's Legal Challenge

A bedding company has agreed to abandon its 'Swift Home' trademark following an appeal from Taylor Swift's legal team, who cited similarities with her existing trademarks.

Getir Founders Sue Mubadala for $700M Over Asset Break-up

The founders of the Turkish delivery startup Getir are reportedly suing Abu Dhabi’s Mubadala Investment Company for at least $700 million, alleging issues with an assets break-up.

daily-sabah

Zurich Granted Extension for Potential Beazley Takeover Bid

Zurich has been given more time, until March, to make a formal takeover offer for its rival, Beazley, in a potential £8bn deal.

yahoo-financebbcguardianyahoo

BrewDog Considers Sale, Appoints Advisers

UK brewer BrewDog is reportedly exploring a potential sale and has engaged advisers to assist with the process.

4 sources·4h ago·

President's Day Sales Feature Deals on Women's Athleisure

Retailers are offering special President's Day discounts on women's athleisure wear, providing opportunities for shoppers to find deals.

tmz

InterDigital Stock Surges 72% Amid Major Investor Sell-Off

InterDigital's stock has seen a substantial 72% increase over the past year, even as one investor recently divested $12 million worth of shares.

Organigram Global Inc. Reports Strong Q1 Revenue Exceeding Expectations

Organigram Global Inc. announced its first-quarter revenue of $97.3 million, significantly surpassing the consensus estimate of $73.15 million.

Chinese Entrepreneur Builds Multi-Million Dollar Coffin Export Business

A woman in China has successfully transitioned from teaching to selling coffins to Europe, generating US$6 million annually and challenging cultural taboos surrounding death in her country.

Controversy Over Proposed Sh80 Million Budget for 'Productivity' Conference in Kenya

A proposed budget of Sh80 million for a 'Productivity' Conference by SRC is drawing scrutiny, with Sh65 million allocated for organizing the event.

Turkana Oil Development Plan Under Scrutiny Over Profitability

The field development plan for oil in Turkana by Gulf Energy is facing continuous review by regulators to ensure compliance and profitability.

Nairobi Residents Face Increased Costs for Basic Services

Residents in Nairobi are experiencing higher expenses for essential services such as water, power, and other basic necessities, with some spending significant amounts weekly on water alone.

China Prioritizes AI and Consumer Spending to Boost Economy

President Xi Jinping emphasizes accelerating consumption and innovation, particularly in artificial intelligence, as key strategies to address China's economic challenges.

Hong Kong Charity Ordered to Liquidate Amid Scandal

A Hong Kong court has ordered the liquidation of the Christian Zheng Sheng Association, a charity embroiled in scandal, due to its failure to repay HK$61 million.

Long-standing Grocery Chain Announces Major Store Closures

An 87-year-old grocery chain is set to close more than half of its existing locations, impacting numerous communities.

Investment Analyst Recommends Alternatives to Apple Stock

An investment analyst provides insights into Apple stock while suggesting other investment opportunities for potential buyers.

India's HAMMER Weapon System Project Details BEL-Safran Joint Venture

Details emerge regarding India's 'Make in India' initiative for defense, focusing on the HAMMER weapon system project and the joint venture between BEL and Safran.

times-india

Coles Accused of Misleading Customers with 'Illusory' Discounts

Australian supermarket chain Coles is facing court allegations that it deliberately planned to deceive customers through 'utterly misleading' discount promotions.

Gen Z Entrepreneur's Journey from Startup Failure to Meta and Beyond

A Gen Z individual shares her experience of depleting savings on a startup, recovering with a high-paying job at Meta, and ultimately choosing to leave that position.

Principal Financial CEO Discusses Growth and AI Strategy at BofA Conference

Principal Financial's CEO outlined an increased ROE target and emphasized growth in small and medium businesses, alongside the company's AI initiatives, during a BofA conference.

Japan Avoids Recession with Modest Economic Growth Below Forecasts

Japan has narrowly avoided a recession, reporting a weak return to economic growth in the final quarter of 2025. Despite the positive growth, the country's performance missed analyst forecasts, highlighting ongoing economic challenges.

Automaker Unveils New Model Drawing Comparisons to Porsche Design

An automaker has introduced a new vehicle model that has drawn significant attention for its uncanny resemblance to a Porsche, sparking discussions about design originality and potential copying.

Compose Coffee Launches in Philippines, Eyes Starbucks Competition

South Korean brand Compose Coffee, featuring BTS' V as its ambassador, has entered the Philippine market, potentially challenging Starbucks' dominance, which is operated by the Tantocos in the country.

rappler

VC Executive Prioritizes Overlooked Founders in Evolving Landscape

A venture capital executive is reportedly focusing on investing in overlooked founders, adapting their strategy to the current changes in the VC industry.

2 sources·5h ago·

Sono International Expands into Japan with New Nagoya Hotel

Sono International is set to enter the Japanese market this summer with the launch of its newly rebranded hotel, Sono Moon Nagoya, marking a significant expansion for the company.

korea-herald

Southeast Asian Economies See Strong GDP Growth Driven by AI Demand

Many Southeast Asian countries, including Singapore and Malaysia, reported real GDP growth rates exceeding 5% in the last quarter of the previous year, primarily fueled by robust global AI demand boosting semiconductor exports.

nhk

Patient Capital Makes Substantial Investment in Chime Financial

Patient Capital has reportedly made a significant move by purchasing 2.04 million shares in Chime Financial (CHYM), indicating a strong belief in the company's future growth.

2 sources·5h ago·

Investment Analysts Recommend Top Growth Stock for Small Investments

Financial analysts are highlighting a specific growth stock as a smart investment opportunity for individuals looking to invest $1,000, citing its potential for significant returns.

2 sources·5h ago·

Sweden's Ratos Reports Decline in Fourth-Quarter Sales

Swedish investment company Ratos has reported a decrease in its sales figures for the fourth quarter of the year.

Airtificial Secures Two Manufacturing Contracts Valued at 3 Million Euros

Airtificial has announced the signing of two new manufacturing contracts, collectively worth approximately 3 million Euros.

MicroStrategy Receives 'Strong Buy' Rating Amidst Analyst Forecasts

Analysts have issued a 'Strong Buy' rating for MicroStrategy (MSTR), predicting a significant 193% upside for the company's stock.

2 sources·6h ago·

Tesco Unveils Clubcard Changes Following Regulator's Call for Loyalty Scheme Expansion

Tesco has announced a major update to its Clubcard loyalty program, a move that comes after the UK competition regulator urged all supermarkets to expand their customer loyalty schemes.

Austral Resources Australia Seeks Trading Halt

Austral Resources Australia has requested a trading halt, signaling an upcoming significant announcement.

Tourism Holdings To Divest UK and Ireland Business

Tourism Holdings is reportedly planning to divest its business operations in the UK and Ireland.

New Zealand's a2 Milk Lifts FY Revenue Forecast, Shares Soar

New Zealand's a2 Milk has raised its full-year revenue growth forecast, causing its shares to hit a near five-year high.

Centuri Reports Record Revenue Amid Fund Exit

Centuri announced record quarterly revenue, prompting questions after one fund divested a $29 million stake in the company.

2 sources·6h ago·

MacKenzie Scott Reveals Inspiration Behind Philanthropic Donations

MacKenzie Scott, ex-wife of Jeff Bezos, shares the early acts of kindness that shaped her philanthropic approach and inspired her significant donations.

times-india

Entrepreneur Sian Sutherland Shares Business Philosophy

Entrepreneur Sian Sutherland discusses her approach to business, emphasizing 'radical naivety' and her strategy of changing industries every seven years.

Arab Palestinian Investment Reports $7.7 Million FY Profit

Arab Palestinian Investment has announced a full-year profit of $7.7 million, according to TradingView.

UK Fish and Chip Shops Experiment with Alternative Fish as Cod Prices Soar

Two fish and chip shops in Fenland are introducing lesser-known fish varieties like tilapia to their menus in response to rising cod prices.

Alphabet Reports Weekly Drop Amid New Data Center Deals

Alphabet's stock experienced a 5.3% drop over the week, coinciding with the announcement of new data center deals.

2 sources·6h ago·

Australia's Qube Agrees to $8.3 Billion Buyout by Macquarie-Led Consortium

Australian logistics company Qube Holdings has accepted an $8.3 billion acquisition offer from a consortium led by Macquarie. The deal represents a significant corporate transaction in the Australian market.

MIT Sloan Tops FT Global MBA Ranking for the First Time

MIT Sloan has achieved the top position in the Financial Times Global MBA Ranking, marking its first time heading the prestigious list. The 2026 ranking emphasizes value, employment prospects, and the growing influence of AI in business education.

Amazon's Extensive AI Spending Plans Face Strategic Dilemma

Reports highlight the complex 'Catch-22' situation surrounding Amazon's significant investment plans in artificial intelligence. The company's substantial AI spending is scrutinized for its potential implications and challenges.

2 sources·7h ago·

Coinbase CEO Explains Rationale Behind Poorly Received Super Bowl Ad

Brian Armstrong, CEO of Coinbase, offered insights into the company's decision to run a poorly received karaoke Super Bowl ad, stating that the initial goal was simply to gain attention. He elaborated on the strategy behind the advertisement despite its mixed public reception.

2 sources·7h ago·

Washington Law Firm Pays $2.3 Million in Harassment and Discrimination Settlement

A law firm in Washington has agreed to pay $2.3 million to resolve claims of employee harassment and discrimination. The settlement addresses allegations of workplace misconduct within the firm.

Costco Sued Over Salmonella Allegations in Rotisserie Chicken

Costco is facing a lawsuit from a nonprofit organization alleging salmonella contamination in its rotisserie chicken produced at a Nebraska plant. The suit raises concerns about food safety practices.

seeking-alpha

Gong Cha Founder Reveals Strategy of Opening Stores Near Starbucks

The founder of the bubble tea chain Gong Cha explained his strategy of strategically locating stores next to Starbucks to attract a portion of their customer base. This approach aimed to leverage existing foot traffic from the coffee giant.

Chinese Automakers Plan Entry into US Market

Chinese automakers are actively pursuing opportunities to enter the United States market, indicating that their vehicles could become available to American consumers relatively soon.

2 sources·7h ago·

yahooft

Getir Founders Sue Mubadala for $700 Million Over Asset Break-up

The entrepreneurs behind the food delivery start-up Getir are suing Gulf sovereign wealth fund Mubadala in London for $700 million over the break-up of assets.

US Labor Market Shows Divergence Amid Strong GDP Growth

Three catalysts are driving an intensifying divergence between a cooling US labor market and strong GDP growth, suggesting a unique economic period.