Business

Brazil Supreme Court’s Toffoli denies receiving payments, links to Banco Master’s Vorcaro

Thursday, February 12 by SRN News

By Ricardo Brito BRASILIA, Feb 12 (Reuters) - Brazil's Supreme Court Justice Dias Toffoli said on Thursday he has never received any payments and has never had any relationship with Banco Master's controlling shareholder Daniel Vorcaro. The statement came after the head of Brazil's Federal... Read More.

AEP expands spending plan, beats profit estimates as electricity demand surges

Thursday, February 12 by SRN News

Feb 12 (Reuters) - American Electric Power surpassed Wall Street expectations for fourth-quarter profit on Thursday, and said it would expand its five-year capital expenditure plan beyond $72 billion to meet the surging demand for power. U.S. electricity demand is rising at an unprecedented pace,... Read More.

US stock futures inch up as robust data allays economic worries

Thursday, February 12 by SRN News

By Twesha Dikshit and Purvi Agarwal Feb 12 (Reuters) - U.S. stock index futures edged higher on Thursday, a day after strong jobs growth and a dip in the unemployment rate eased economic concerns, with investors focusing on a busy line-up of corporate earnings. Traders dialed... Read More.

Wall Street broker Clear Street cuts US IPO valuation target to $7.2 billion

Thursday, February 12 by SRN News

Feb 12 (Reuters) - Wall Street broker Clear Street on Thursday cut the valuation it is seeking from its U.S. initial public offering to $7.2 billion, a big haircut from the initial target of $11.8 billion. The New York-based company is now offering 13 million... Read More.

Manchester United co-owner Jim Ratcliffe says he’s sorry if some offended by anti-immigrant comments

Thursday, February 12 by SRN News

LONDON (AP) - Manchester United co-owner Jim Ratcliffe said Thursday that he's sorry if some have been offended by anti-immigrant comments. The billionaire co-owner of Manchester United faced criticism by both political leaders and fans after he said the U.K. had been "colonized'' by immigrants. Ratcliffe,... Read More.

2 Israelis charged with using classified military information to place bets

Thursday, February 12 by SRN News

TEL AVIV (AP) - Two Israelis have been charged with using classified military information to place bets on how future events will unfold, Israeli authorities said Thursday, accusing the individuals of "serious security offenses." A joint statement by the Israeli Ministry of Defense, domestic... Read More.

Birkenstock CEO sticks to annual revenue forecast, cites strong holiday demand

Thursday, February 12 by SRN News

By Angela Christy M Feb 12 (Reuters) - Birkenstock stuck to its annual growth forecast on Thursday, with its chief executive saying demand in the holiday shopping period was robust, as the German sandal maker confirmed first-quarter targets previously reported in January. The company, known for... Read More.

Factbox-Wall Street brokerages pencil Fed rate cuts in mid‑2026

Thursday, February 12 by SRN News

Feb 12 (Reuters) - Major brokerages, including Goldman Sachs and Morgan Stanley, expect the U.S. Federal Reserve to deliver its next interest-rate cut in June, while J.P. Morgan sees the next move as a hike in 2027. U.S. job growth unexpectedly accelerated in January and... Read More.

Fidelity joins roster of firms offering collateralized loan obligation ETFs

Thursday, February 12 by SRN News

PROVIDENCE, Rhode Island, Feb 12 (Reuters) - Fidelity Investments is rolling out two actively managed exchange-traded funds on Thursday offering investors access to collateralized loan obligations (CLOs), joining a growing roster of asset managers seeking to tap into demand for private credit investments. Existing ETFs... Read More.

US import block on vapes could cut illegal sales by a third, BAT says

Thursday, February 12 by SRN News

By Emma Rumney LONDON, Feb 12 (Reuters) - A potential U.S. move to block imports of some disposable vapes could cut the booming market for unregulated e-cigarettes by as much as a third, British American Tobacco's CEO told Reuters on Thursday, though any impact is... Read More.

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Current Weather

Brazil Supreme Court’s Toffoli denies receiving payments, links to Banco Master’s Vorcaro

AEP expands spending plan, beats profit estimates as electricity demand surges

US stock futures inch up as robust data allays economic worries

Wall Street broker Clear Street cuts US IPO valuation target to $7.2 billion

Manchester United co-owner Jim Ratcliffe says he’s sorry if some offended by anti-immigrant comments

2 Israelis charged with using classified military information to place bets

Birkenstock CEO sticks to annual revenue forecast, cites strong holiday demand

Factbox-Wall Street brokerages pencil Fed rate cuts in mid‑2026

Fidelity joins roster of firms offering collateralized loan obligation ETFs

US import block on vapes could cut illegal sales by a third, BAT says

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