Business

Carlyle Group aims to raise more than $200 billion by 2028

Thursday, February 26 by SRN News

By Isla Binnie and Prakhar Srivastava Feb 26 (Reuters) - Investment firm Carlyle expects to raise at least $200 billion between now and the end of 2028, a faster pace than the previous three years, and boost its earnings from managing that money, the company... Read More.

J.M. Smucker enters into agreement with Elliott, appoints two independent directors

Thursday, February 26 by SRN News

Feb 26 (Reuters) - J.M. Smucker said on Thursday it had appointed Woo-Sung Chung and David Singer to its board, after reaching a "constructive engagement" with investor Elliott Investment Management. The company said it had entered into an information-sharing agreement with Elliott to help drive... Read More.

NextEra Energy to sell $2 billion of equity units to fund energy projects

Thursday, February 26 by SRN News

Feb 26 (Reuters) - Utility NextEra Energy said on Thursday it will conduct a public offering of $2 billion in equity units to fund investments in energy and power projects. U.S. utilities have been investing billions of dollars to upgrade the country's electric grid as... Read More.

Man Group shares fall as profits decline, assets hit record

Thursday, February 26 by SRN News

By Nell Mackenzie LONDON, Feb 26 (Reuters) - Man Group shares fell on Thursday after the London- listed hedge fund posted a rise in assets under management by over a third to a new record, but profits fell against a backdrop of market volaility... Read More.

US commerce secretary, India minister discuss trade days after Trump’s tariffs are struck down

Thursday, February 26 by SRN News

NEW DELHI, Feb 26 (Reuters) - India's Trade Minister Piyush Goyal discussed trade and economic partnership with U.S. Commerce Secretary Howard Lutnick over lunch in New Delhi on Thursday, Goyal said in a post on X, days after President Donald Trump's sweeping global tariffs... Read More.

Nestle puts pressure on underachievers with new bonus structure

Thursday, February 26 by SRN News

LONDON, Feb 25 (Reuters) - Nestle has introduced a new system for measuring performance that will give high achievers more lucrative bonuses and little to no rewards for those falling short of standards, the company said on Wednesday, as CEO Philipp Navratil works to... Read More.

Analysis-Japan’s Takaichi gets her doves in a row with BOJ board appointees

Thursday, February 26 by SRN News

By Leika Kihara TOKYO, Feb 26 (Reuters) - Japanese Prime Minister Sanae Takaichi's choice of two like-minded monetary doves to the central bank's board sends a not-so-subtle message about her distaste for higher interest rates, casting doubt on how much further policy can be tightened. The... Read More.

Cristiano Ronaldo buys stake in Saudi-owned second-tier Spanish club

Thursday, February 26 by SRN News

ALMERIA, Spain (AP) - Cristiano Ronaldo has purchased a stake in Spanish second-division club Almeria, a consulting firm representing the Portuguese soccer star said on Thursday. Brunswick Group said in a statement that Ronaldo bought a 25% share of the club that has a Saudi... Read More.

Puma to remain loss-making this year, cancels dividend in turnaround drive

Thursday, February 26 by SRN News

Feb 26 (Reuters) - German sportswear maker Puma on Thursday said it still expected to report a loss this year, after reporting a narrower-than-expected loss in 2025. It also cancelled its dividend for 2025. It had paid out a dividend of... Read More.

Trump tariff turmoil yet to dent emerging countries’ growth, EBRD says

Thursday, February 26 by SRN News

By Libby George and Karin Strohecker LONDON, Feb 26 (Reuters) - U.S. tariffs have rerouted trade, but not dented it as much as feared, allowing larger-than-expected economic growth in certain developing markets, the European Bank for Reconstruction and Development said on Thursday. Growth in the... Read More.

Current Weather

J.M. Smucker enters into agreement with Elliott, appoints two independent directors

NextEra Energy to sell $2 billion of equity units to fund energy projects

US commerce secretary, India minister discuss trade days after Trump’s tariffs are struck down

Nestle puts pressure on underachievers with new bonus structure

Analysis-Japan’s Takaichi gets her doves in a row with BOJ board appointees

Cristiano Ronaldo buys stake in Saudi-owned second-tier Spanish club

Puma to remain loss-making this year, cancels dividend in turnaround drive

Trump tariff turmoil yet to dent emerging countries’ growth, EBRD says

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