Business

Analysis-Sanofi’s new CEO needs to fix drug pipeline and navigate Trump

Friday, February 13 by SRN News

By Bhanvi Satija and Maggie Fick LONDON, Feb 13 (Reuters) - Sanofi's incoming CEO, 65-year-old Belén Garijo, faces a major task to win over investors, accelerate the French company's stalled drug development pipeline and navigate vaccine scepticism in the United States under President Donald Trump. Investors,... Read More.

Morning Bid: No longer the Apple of their eye

Friday, February 13 by SRN News

A look at the day ahead in European and global markets from Stella Qiu The tech selloff has returned with a vengeance. The latest slump was sparked by Cisco, whose margins were squeezed by the soaring costs of memory chips, spooking investors priced for booming... Read More.

Safran targets higher 2026 profit as jet engine services prosper

Friday, February 13 by SRN News

PARIS, Feb 13 (Reuters) - French aerospace group Safran forecast increased revenue and earnings for 2026 on Friday, after boosting profitability last year on the back of strong aftermarket demand for its civil jet engines. Safran, which co-produces engines for Airbus and Boeing jets with... Read More.

L’Oreal seen falling 5-7% after slight sales miss

Friday, February 13 by SRN News

Feb 13 (Reuters) - Traders called L'Oreal shares to open between 5% and 7% lower on Friday, after the French beauty major's fourth-quarter sales slightly missed analysts' forecasts. The Paris-based owner of Maybelline, whose quarterly revenue came at 11.3 billion euros ($13.4 billion), suffered from... Read More.

Up to Taiwan companies to decide on their US investments, president says

Friday, February 13 by SRN News

TAIPEI, Feb 13 (Reuters) - It is up to companies to decide where best to spend the $250 billion Taiwan has pledged in investments in the United States but their largest production capacity will remain at home, President Lai Ching-te said on Friday. Trump administration... Read More.

Start-of-year price increases seen lifting monthly US consumer inflation in January

Friday, February 13 by SRN News

WASHINGTON, Feb 13 (Reuters) - U.S. consumer prices likely maintained a steady pace of increase in January as businesses raised prices at the start of the year, which together with a stabilizing labor market could allow the Federal Reserve to keep interest rates unchanged... Read More.

Deutsche Bank’s private bank eyes hiring push in emerging markets

Friday, February 13 by SRN News

By Rae Wee SINGAPORE, Feb 13 (Reuters) - Deutsche Bank plans to add up to 50 relationship managers in its emerging markets private banking unit this year, said a senior executive, as the European lender seeks to bolster its wealth footprint in the Gulf region... Read More.

Asia shares mostly lower after sharp Wall Street losses on AI-related worries

Friday, February 13 by SRN News

HONG KONG (AP) - Asia shares were trading mostly lower Friday, tracking sharp Wall Street losses on a sell-off of technology-related stocks that investors fear could lose out from artificial intelligence disruptions. U.S. futures were mostly unchanged. Tokyo's Nikkei 225 fell 0.8% to 57,165.13 on... Read More.

Africa leads growth in solar energy as demand spreads beyond traditional markets, report says

Friday, February 13 by SRN News

NAIROBI, Kenya (AP) - Africa was the world's fastest-growing solar market in 2025, defying a global slowdown and reshaping where the momentum in renewable energy is concentrated, according to an industry report released in late last month. The report by the Africa Solar Industry... Read More.

U.S. core inflation may fall to 5-year low in report out Friday

Friday, February 13 by SRN News

WASHINGTON (AP) - A measure of inflation may have fallen to a five-year low in January as rental costs have cooled, a sign that some prices are moderating while Americans continue to grapple with a big rise in overall prices in the past five... Read More.

Current Weather

Analysis-Sanofi’s new CEO needs to fix drug pipeline and navigate Trump

Morning Bid: No longer the Apple of their eye

Safran targets higher 2026 profit as jet engine services prosper

L’Oreal seen falling 5-7% after slight sales miss

Up to Taiwan companies to decide on their US investments, president says

Start-of-year price increases seen lifting monthly US consumer inflation in January

Deutsche Bank’s private bank eyes hiring push in emerging markets

Asia shares mostly lower after sharp Wall Street losses on AI-related worries

Africa leads growth in solar energy as demand spreads beyond traditional markets, report says

U.S. core inflation may fall to 5-year low in report out Friday

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