Business

Hungary will suspend diesel shipments to Ukraine over interruption to Russian oil supply

Wednesday, February 18 by SRN News

BUDAPEST, Hungary (AP) - Hungary is suspending its shipments of diesel to neighboring Ukraine until interruptions to Russian oil supplies via a pipeline that crosses Ukrainian territory are resolved, Hungary's foreign minister said Wednesday. Russian oil shipments to Hungary and Slovakia have been interrupted... Read More.

Sponsors are becoming more visible at the Winter Olympics with product placement and arena shoutouts

Wednesday, February 18 by SRN News

MILAN (AP) - Eileen Gu and all the other freestyle skiers wait for their scores by a large Powerade-branded cooler, then glide away without taking a drink. Bottles of the blue sports drink are stacked in hockey penalty boxes. Even the tissues in figure skating's... Read More.

Moderna says the FDA will consider its new flu shot after resolving a public dispute

Wednesday, February 18 by SRN News

WASHINGTON (AP) - The Food and Drug Administration will consider whether to approve Moderna's new flu vaccine after all, resolving a dispute that had blocked the company's application for the first-of-its-kind shot. Moderna announced the change Wednesday, about a week after revealing that the FDA's... Read More.

US business spending on equipment appears to have ended 2025 on strong note

Wednesday, February 18 by SRN News

By Lucia Mutikani WASHINGTON, Feb 18 (Reuters) - New orders for key U.S.-manufactured capital goods increased more than expected in December and shipments of these products surged, pointing to solid business spending on equipment and economic growth in the fourth quarter. The strength in the so-called... Read More.

Snap’s direct revenue hits $1 billion annualized run rate as subscribers top 25 million

Wednesday, February 18 by SRN News

Feb 18 (Reuters) - Snap said on Wednesday its direct-revenue business has reached $1 billion in annualized revenue run rate, driven by growth in its Snapchat+ subscription service, as the social media company pushes into new income streams beyond advertising. The company, whose direct-revenue portfolio... Read More.

UBS lifts forecast for big tech bond sales this year

Wednesday, February 18 by SRN News

By Lucy Raitano LONDON, Feb 18 (Reuters) - UBS lifted its 2026 forecasts for U.S. tech investment grade bond sales on Wednesday, pointing to rising spending by big tech firms, while cutting its forecast for leveraged loans on expectations that AI-related disruption could curb supply. Several... Read More.

Moody’s forecasts upbeat 2026 profit on strong demand for credit ratings

Wednesday, February 18 by SRN News

Feb 18 (Reuters) - Moody's forecast annual profit above estimates on Wednesday, betting on sustained demand for its credit ratings amid surging debt issuance. Shares of the company rose about 2% in premarket trading. The bond market has seen a pickup in activity, especially as tech... Read More.

Analog Devices sees strong second-quarter as AI boom fuels chip sales

Wednesday, February 18 by SRN News

Feb 18 (Reuters) - Analog Devices On Wednesday, forecast second-quarter results above Wall Street estimates, driven by robust demand from industrial and data center customers as the artificial intelligence boom continues to drive semiconductor sales. Shares of Wilmington, Massachusetts-based chipmaker rose nearly 8% in premarket... Read More.

Kraft Heinz names Nicolas Amaya as president of North America business

Wednesday, February 18 by SRN News

Feb 18 (Reuters) - Kraft Heinz named former Kellanova executive Nicolas Amaya as president of its North America business on Wednesday, a week after hitting pause on its plans to split the company. Last week, the packaged food maker, which has been struggling with persistent... Read More.

Exclusive-Thyssenkrupp could divest materials trading division as soon as 2026, sources say

Wednesday, February 18 by SRN News

By Christoph Steitz and Tom Käckenhoff FRANKFURT/DUESSELDORF, Feb 18 (Reuters) - Thyssenkrupp could spin off, list or divest its materials trading division as soon as this year and is considering changing the business's legal form to keep control in case of a majority sale, three... Read More.

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Current Weather

Hungary will suspend diesel shipments to Ukraine over interruption to Russian oil supply

Sponsors are becoming more visible at the Winter Olympics with product placement and arena shoutouts

Moderna says the FDA will consider its new flu shot after resolving a public dispute

US business spending on equipment appears to have ended 2025 on strong note

Snap’s direct revenue hits $1 billion annualized run rate as subscribers top 25 million

UBS lifts forecast for big tech bond sales this year

Moody’s forecasts upbeat 2026 profit on strong demand for credit ratings

Analog Devices sees strong second-quarter as AI boom fuels chip sales

Kraft Heinz names Nicolas Amaya as president of North America business

Exclusive-Thyssenkrupp could divest materials trading division as soon as 2026, sources say

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