Business

Unilever downbeat on 2026 sales growth amid US and Europe slowdown

Thursday, February 12 by SRN News

By Yadarisa Shabong Feb 12 (Reuters) - Unilever warned on Thursday that 2026 sales growth would come in at the bottom end of its forecast range after a slowdown in the U.S. and Europe, knocking its shares, even as emerging markets delivered a fourth-quarter sales... Read More.

Japanese automaker Nissan says losses deepened in the last quarter

Thursday, February 12 by SRN News

TOKYO (AP) - Japanese automaker Nissan reported deeper losses for the latest quarter through December compared to a year earlier, as restructuring costs cut into its profitability. Nissan Motor Corp., based in the port city of Yokohama, said Thursday it posted a 28.3 billion yen... Read More.

US pushes AI funding, fisheries tech at APEC amid China rivalry

Thursday, February 12 by SRN News

By David Kirton GUANGZHOU, Feb 12 (Reuters) - The Trump administration is promoting artificial intelligence exports and maritime surveillance technology at Asia-Pacific Economic Cooperation (APEC) meetings in southern China this week, as Washington seeks to counter Beijing's technological and maritime influence. Casey Mace, the U.S. senior... Read More.

Nissan sees smaller full-year operating loss as turnaround efforts bear fruit

Thursday, February 12 by SRN News

TOKYO, Feb 12 (Reuters) - Nissan sharply trimmed its outlook for a full-year loss on Thursday after reporting a surprise profit in the third-quarter, in a sign the troubled Japanese automaker's turnaround is gaining traction. The automaker is struggling to right itself after years of... Read More.

Japan’s technology investor SoftBank Group sees profitability return on AI boom

Thursday, February 12 by SRN News

TOKYO (AP) - Japanese technology and telecoms giant SoftBank Group Corp. swung back into profitability in the last quarter of 2025 as its investments in OpenAI and other ventures paid off, the company said Thursday. SoftBank Group reported a 248.6 billion yen ($1.62 billion) profit... Read More.

Factbox-Who is Sanofi’s new CEO Belén Garijo?

Thursday, February 12 by SRN News

Feb 12 (Reuters) - French drugmaker Sanofi on Thursday appointed Belén Garijo as its new chief executive after choosing not to renew the mandate of Paul Hudson. The move underscores rising pressure from U.S. vaccine headwinds and a stalled turnaround since he took the... Read More.

China issues new rules to curb auto price war after January passenger car sales drop 20%

Thursday, February 12 by SRN News

HONG KONG (AP) - China moved Thursday to curb a fierce price war among automakers that has caused massive losses for the industry, after passenger car sales dropped nearly 20% in January from the year before, the fastest pace in almost two years. The State... Read More.

Strikes by German pilot and cabin crew unions force Lufthansa to cancel flights

Thursday, February 12 by SRN News

BERLIN (AP) - One-day strikes by unions representing pilots and cabin crew at Lufthansa caused a wave of flight cancelations Thursday at Germany's biggest airline. Lufthansa criticized the walkouts as disproportionate but said it expects to offer a largely normal flight program Friday. Lufthansa said the... Read More.

Thyssenkrupp books $477 million restructuring charge at steel division

Thursday, February 12 by SRN News

By Christoph Steitz and Tom Käckenhoff FRANKFURT, Feb 12 (Reuters) - Thyssenkrupp unveiled 401 million euros ($477 million) in expenses to fund far-reaching job cuts at its steel division, as the German industrial conglomerate continues talks with India's Jindal Steel International over a sale of... Read More.

Mercedes-Benz gives muted outlook after tariffs; costs more than halve 2025 profits

Thursday, February 12 by SRN News

By Rachel More STUTTGART, Germany, Feb 12 (Reuters) - Mercedes-Benz on Thursday said the profit margin at its autos division could fall further this year, indicating tough months ahead as the luxury carmaker grapples with high costs, a tough Chinese market and global tariffs. The car... Read More.

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Current Weather

Unilever downbeat on 2026 sales growth amid US and Europe slowdown

Japanese automaker Nissan says losses deepened in the last quarter

US pushes AI funding, fisheries tech at APEC amid China rivalry

Nissan sees smaller full-year operating loss as turnaround efforts bear fruit

Factbox-Who is Sanofi’s new CEO Belén Garijo?

China issues new rules to curb auto price war after January passenger car sales drop 20%

Strikes by German pilot and cabin crew unions force Lufthansa to cancel flights

Thyssenkrupp books $477 million restructuring charge at steel division

Mercedes-Benz gives muted outlook after tariffs; costs more than halve 2025 profits

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