Business

US energy secretary set to arrive in Venezuela with Herculean task of oil recovery

Wednesday, February 11 by SRN News

By Marianna Parraga and Nathan Crooks HOUSTON, Feb 11 (Reuters) - Venezuela will host U.S. Secretary of Energy Chris Wright this week, marking the highest-level U.S. visit focused on energy policy to the OPEC nation in nearly three decades as Washington conducts its first... Read More.

Taiwan to send team to assess US rare earth deposits

Wednesday, February 11 by SRN News

TAIPEI, Feb 11 (Reuters) - Taiwan plans to send officials to assess U.S. rare earths deposits with a goal to have such minerals refined on the island, Economy Minister Kung Ming-hsin said on Wednesday. President Donald Trump's administration has stepped up efforts to secure U.S.... Read More.

After Volkswagen deal, Chinese EV makers eye EU tariff talks of their own

Wednesday, February 11 by SRN News

BEIJING, Feb 11 (Reuters) - Major Chinese automakers will be next to knock on Brussels' door after Volkswagen secured a breakthrough tariff reprieve for its China-made Cupra Tavascan SUV, multiple industry insiders and analysts said. The European Commission this week approved a request by the... Read More.

Exclusive-Jacobs’ QXO to buy Kodiak for $2.25 billion, taking aim at Home Depot and Lowe’s, sources say

Wednesday, February 11 by SRN News

NEW YORK, Feb 11 (Reuters) - Building-products distributor QXO, led by billionaire dealmaker Brad Jacobs, has agreed to buy smaller private distributor Kodiak Building Partners for about $2.25  billion, according to two people with direct knowledge of the deal. Jacobs, the chairman and CEO of... Read More.

Analysis-Software selloff is disrupting some M&A and IPO deals, US bankers say

Wednesday, February 11 by SRN News

By Milana Vinn, Isla Binnie and Charlie Conchie NEW YORK, (Reuters) Feb 11 - A broad selloff in software stocks is starting to stall deal-making and IPOs in the sector as volatility makes valuations unreliable and potential buyers cautious, about a dozen financial advisers and... Read More.

Fed to hold rates through May, but Warsh may be too loose with policy, economists say: Reuters Poll

Wednesday, February 11 by SRN News

By Indradip Ghosh Feb 11 (Reuters) - The Federal Reserve will hold its key benchmark rate steady for the rest of Fed chair Jerome Powell's tenure through May but cut immediately afterward in June, according to a Reuters poll of economists, who also said policy... Read More.

Humana offers downbeat 2026 forecast as lower quality ratings weigh

Wednesday, February 11 by SRN News

Feb 11 (Reuters) - Humana forecast annual profit below Wall Street estimates on Wednesday, as the health insurer expects a hit from lower quality ratings for its Medicare Advantage plans for older adults, pushing its shares down more than 8% before the bell. Lower quality... Read More.

Honeywell spinoff Solstice sees 2026 profit below estimate as margins remain under pressure

Wednesday, February 11 by SRN News

By Arunima Kumar Feb 11 (Reuters) - Solstice Advanced Materials forecast full-year 2026 earnings below market estimates on Wednesday, overshadowing solid fourth-quarter sales growth and continued strength in nuclear and electronic materials. The speciality materials maker that spun off from Honeywell in October expects 2026 adjusted... Read More.

Ancora Capital builds stake in Warner Bros, plans to oppose Netflix deal

Wednesday, February 11 by SRN News

Feb 11 (Reuters) - Activist investor Ancora Capital has built a stake in Warner Bros Discovery and plans to oppose the media company's deal with Netflix for its studios and streaming assets, the latest twist in the heated Hollywood takeover battle. Ancora, which has a... Read More.

Factbox-EU tariffs on imports of China-made EVs

Wednesday, February 11 by SRN News

BRUSSELS, Feb 11 (Reuters) - The European Commission has imposed additional duties on imported electric vehicles made in China since 2024, though under European Union rules carmakers can now negotiate tariff exemptions for individual electric models imported from China. In February 2026 the Commission approved,... Read More.

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Current Weather

US energy secretary set to arrive in Venezuela with Herculean task of oil recovery

Taiwan to send team to assess US rare earth deposits

After Volkswagen deal, Chinese EV makers eye EU tariff talks of their own

Exclusive-Jacobs’ QXO to buy Kodiak for $2.25 billion, taking aim at Home Depot and Lowe’s, sources say

Analysis-Software selloff is disrupting some M&A and IPO deals, US bankers say

Fed to hold rates through May, but Warsh may be too loose with policy, economists say: Reuters Poll

Humana offers downbeat 2026 forecast as lower quality ratings weigh

Honeywell spinoff Solstice sees 2026 profit below estimate as margins remain under pressure

Ancora Capital builds stake in Warner Bros, plans to oppose Netflix deal

Factbox-EU tariffs on imports of China-made EVs

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