Core Viewpoint - Nestle is considering reducing its involvement in the ice cream business, including a potential reduction of its stake in the Froneri joint venture, as it reviews various options [1]. Group 1: Company Actions - Nestle is evaluating options to decrease its presence in the ice cream sector, which may involve selling some of its fully-owned ice cream operations to Froneri [1]. - The company has not provided any comments regarding these deliberations, and Froneri has not responded to inquiries [1]. Group 2: Froneri Joint Venture - Froneri, a joint venture between PAI Partners and Nestle, was recently valued at 15 billion euros (approximately $17.69 billion) following investments from Goldman Sachs and the Abu Dhabi Investment Authority [1]. - PAI Partners may consider increasing its stake in Froneri if Nestle opts to reduce its shareholding, or Nestle could sell part of its stake to other investors like ADIA [1]. Group 3: Market Context - Froneri produces well-known ice cream brands such as Haagen-Dazs and Rowntree's, and it competes with the newly independent Magnum Ice Cream Company, which separated from Unilever last year [1].

Group 1 - The U.S. Treasury Department mandates that companies in the Venezuelan oil sector must pay local taxes, permits, and fees to the Venezuelan government [1] - Royalties and federal taxes from these companies must be deposited into a fund managed by the United States, specifically the Foreign Government Deposit Funds [1] - The Treasury issued two general licenses on February 10, one lifting U.S. sanctions on Venezuelan oil exports and the other allowing the provision of U.S. goods and services for oil and gas exploration in Venezuela [1]

Italy's Cucinelli says it resumed shipments to Saks at end-January | ReutersSkip to main content[Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv]The Saks Fifth Avenue flagship store, after the store filed for bankruptcy protection, in New York City, U.S., January 14, 2026. REUTERS/Brendan McDermid [Purchase Licensing Rights, opens new tab]MILAN, Feb 18 (Reuters) - Italian luxury group Brunello Cucinelli [(BCU.MI), opens new tab] said it resumed shipments to Sak ...

Traces of a toxin that can cause nausea and vomiting were found in two types of infant formula recalled by France's Danone earlier this month, Swiss authorities said on Wednesday. ...

A Canadian arbitrator on Tuesday largely upheld Air Canada's offer to raise its flight attendants' wages by more than 20% over four years, putting an end to a bitter dispute that led to a four-day str... ...

BofA expands loyalty program to attract more customers | ReutersSkip to main content[Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv]Bank of America logo appears in this illustration taken December 1, 2025. REUTERS/Dado Ruvic/Illustration [Purchase Licensing Rights, opens new tab]Feb 18 (Reuters) - Bank of America [(BAC.N), opens new tab] plans to launch a new loyalty program that will extend rewards to a wider range of customers, it said on Wednesday, as U.S. ...

book "Oro Rojo" about Venezuela's troubled state-run company PDVSA and Mom to three boys.## Read Nextago [Energycategory][Oil gains 3% as Russia-Ukraine talks abruptly end, Iran-US tensions support]ago [Energycategory][Exclusive: Libya brings in Western traders in blow to Russian fuel flows]ago [Sustainabilitycategory][Global Energy Alliance seeking to raise $100 million by 2028 to digitise India's electric grids, CEO says]ago [Energycategory][Santos to cut 10% of jobs, review portfolio; shares slip on prof ...

Euronext quarterly revenue rises about 10%, matches forecasts | ReutersSkip to main content[Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv]The reflection of a digital board at the Euronext stock exchange in the La Defense business district in Paris, France, March 10, 2025. REUTERS/Benoit Tessier [Purchase Licensing Rights, opens new tab]- Companies- Summary- CEO reiterates call for pan-European market consolidation- EBITDA rises 8.9% to 275 million euros, matc ...

UK's RELX plans pay boost for CEO Engstrom, Sky News reports | ReutersSkip to main content[Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv]- Companies[AstraZeneca PLC]Follow[Relx PLC]Follow[Rolls-Royce Holdings PLC]FollowShow more companiesFeb 18 (Reuters) - British information group RELX [(REL.L), opens new tab] is preparing to grant its top boss, Erik Engstrom, a substantial pay rise, bringing it closer to its FTSE-100 peers like AstraZeneca [(AZN.L), opens n ...

Core Insights - Microsoft has committed to purchasing enough renewable energy to match all its electricity needs, achieving this goal for the first time last year by contracting 40 gigawatts of new renewable energy supply [1][1][1] - The company aims to maintain this 100% renewable energy target during its expansion of AI-driven data centers, with plans to invest $50 billion by 2030 to support AI initiatives in the Global South [1][1][1] Renewable Energy Commitment - Microsoft has successfully contracted 40 gigawatts of renewable energy, with 19 gigawatts already supplied to the power grid [1][1] - The renewable energy contracts span 26 countries, and the remaining supply is expected to be delivered over the next five years [1][1] - The company’s cloud operations chief emphasized the importance of maintaining a 100% renewable energy target as the company grows [1][1] AI Expansion and Investment - Microsoft plans to invest $50 billion by 2030 to expand AI capabilities, particularly in countries across the Global South, primarily funding cloud and AI data centers [1][1] - The recent lifting of a moratorium on data center grid connections in Ireland is expected to help Microsoft meet significant demand for data centers in the region [1][1] - The company anticipates moving forward with previously stalled data center proposals outside Dublin, contingent on new regulatory policies [1][1]