Business

Santander targets over 20 billion euro profit in 2028 after US, UK deals

Wednesday, February 25 by SRN News

By Jesús Aguado MADRID, Feb 25 (Reuters) - Santander aims to boost its profit to more than 20 billion euros by 2028, helped by growth in its U.S. and UK markets, a rise in customer numbers and cost savings from its IT transformation, Spain's number... Read More.

Aluminium maker Alcoa seeks to sell 10 sites to data centres

Wednesday, February 25 by SRN News

Feb 24 (Reuters) - U.S. aluminium company Alcoa Corp is looking to sell 10 of its closed or curtailed sites to the data centre industry, with the first sale set to be completed by the end of June, its CEO said on Tuesday. Aluminium producers,... Read More.

Australia’s top central banker says policy judgments more difficult now, urges patience

Wednesday, February 25 by SRN News

SYDNEY, Feb 25 (Reuters) - A top Australian central banker said on Wednesday that policy judgments were more difficult now given the economy was close to balance and inflation was high but not taking off again. Speaking at a university dinner in Melbourne, Reserve Bank... Read More.

Aston Martin cuts jobs by 20% as US tariffs hit

Wednesday, February 25 by SRN News

Feb 25 (Reuters) - British luxury car maker Aston Martin will cut its workforce by up to 20%, it said on Wednesday, as it strives to recover from the impact of U.S. import tariffs and weak demand in China. Aston Martin said the job cuts... Read More.

Nvidia prepares to release its quarterly results as AI fears weigh on the stock market

Wednesday, February 25 by SRN News

Artificial intelligence chipmaker Nvidia on Wednesday will deliver a quarterly report likely to sway a jittery stock market as investors weigh whether the massive bets riding on technology's latest craze will pay off. As has been the case since Nvidia's chipsets emerged as AI's best... Read More.

Morning Bid: Asia tech blows its own AI bubble

Wednesday, February 25 by SRN News

Feb 25 (Reuters) - A look at the day ahead in European and global markets from Wayne Cole. Asian share markets are all in the green following on from the rebound in U.S. stocks, with investors accepting that Wall Street is schizophrenic on AI right... Read More.

Northeast US scrambles to clear piles of snow as new storm descends on the region

Wednesday, February 25 by SRN News

NEW YORK (AP) - Snowplows cleared the way for ambulances and fire trucks in Rhode Island. New York City workers geared up to dump massive basins of warm water on piles of snow and ice. And in Boston, officials tried to clear sidewalks coated... Read More.

Yen under pressure after Takaichi report; Aussie higher on inflation

Wednesday, February 25 by SRN News

By Tom Westbrook SINGAPORE, Feb 25 (Reuters) - A wobbly yen was pinned near a two-week low on Wednesday after a report that Prime Minister Sanae Takaichi had told the central bank chief she had reservations about future rate hikes, while a steadily rising... Read More.

Oil hovers near seven-month highs ahead of US-Iran talks

Wednesday, February 25 by SRN News

By Katya Golubkova and Jeslyn Lerh SINGAPORE, Feb 25 (Reuters) - Oil prices were hovering near seven-month highs on Wednesday as the threat of military conflict between the U.S. and Iran that could disrupt supply continued to worry investors as talks between the parties are... Read More.

Australia’s Fortescue logs profit jump, dividend tops forecasts

Wednesday, February 25 by SRN News

By Sneha Kumar and Melanie Burton MELBOURNE, Feb 25 (Reuters) - Fortescue reported a 23% jump in first-half profit on Wednesday, helped by record iron ore shipments and higher prices for the commodity, allowing the Australian miner to pay a dividend that topped expectations. Its... Read More.

Current Weather

Santander targets over 20 billion euro profit in 2028 after US, UK deals

Aluminium maker Alcoa seeks to sell 10 sites to data centres

Australia’s top central banker says policy judgments more difficult now, urges patience

Aston Martin cuts jobs by 20% as US tariffs hit

Nvidia prepares to release its quarterly results as AI fears weigh on the stock market

Morning Bid: Asia tech blows its own AI bubble

Northeast US scrambles to clear piles of snow as new storm descends on the region

Yen under pressure after Takaichi report; Aussie higher on inflation

Oil hovers near seven-month highs ahead of US-Iran talks

Australia’s Fortescue logs profit jump, dividend tops forecasts

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