Core Viewpoint - Cognizant Technology forecasts annual revenue exceeding Wall Street estimates, driven by strong demand for IT services as businesses integrate artificial intelligence into their operations [1] Group 1 - The company anticipates robust growth in revenue due to the increasing adoption of artificial intelligence in various business workflows [1]

Core Insights - The Pentagon is actively working to expand production capabilities in response to the urgent need to replenish depleted stockpiles [1] Group 1 - The initiative is part of a broader strategy by Washington to enhance military readiness and ensure sufficient supplies [1]

Core Viewpoint - The majority of job reductions in UBS' Swiss business are expected to occur in the second half of 2026, as stated by the bank's CEO Sergio Ermotti [1] Group 1 - UBS is planning significant job reductions within its Swiss operations [1] - The timing for these job cuts is projected for the latter half of 2026 [1] - CEO Sergio Ermotti provided this information during a press briefing [1]

Core Insights - Amazon, once a leader in e-commerce, is now shifting its strategy to focus on mega-stores, a model traditionally associated with Walmart [1] Group 1: Company Strategy - Amazon is transitioning from its original e-commerce model to a physical retail strategy that resembles Walmart's mega-store approach [1] Group 2: Industry Context - The shift indicates a significant change in the competitive landscape of retail, where traditional giants like Walmart are being challenged by e-commerce players like Amazon [1]

Core Viewpoint - Santander's shares experienced a decline of up to 5% following the announcement of its $12.2 billion acquisition of Webster Financial, with analysts highlighting short-term execution risks [1] Group 1: Acquisition Details - Santander proposed an acquisition of Webster Financial valued at $12.2 billion [1] Group 2: Market Reaction - The announcement led to a drop in Santander's shares by as much as 5% [1] Group 3: Analyst Concerns - Analysts flagged potential short-term execution risks associated with the acquisition [1]

Group 1 - Finnish engineering group Wartsila missed fourth-quarter orders forecasts [1] - The company faced challenges due to U.S. battery tariffs [1] - Increased competition in the energy storage business impacted performance [1]

Euro zone inflation dipped last month, data showed on Wednesday, entering a soft patch that most economists expect will last for at least a year and keep the European Central Bank on hold. ...

Trump's India pact to make big dent in Russian oil revenue | ReutersSkip to main content[Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv]U.S. President Donald Trump and Indian Prime Minister Narendra Modi shake hands as they attend a joint press conference at the White House in Washington, D.C., U.S., February 13, 2025.... [Purchase Licensing Rights, opens new tab] Read more- Companies- Summary- US pressure rises at critical moment in Ukraine peace talks- Russi ...

Core Insights - Russian state oil and gas revenues have halved in January compared to the same month of the previous year, reaching their lowest level since July 2020 [1] Revenue Performance - The revenues from oil and gas for the Russian state have decreased significantly, indicating a challenging economic environment for the sector [1]

Core Viewpoint - Toyota plans to increase production of hybrid and plug-in hybrid vehicles to approximately 6.7 million units by 2028, which represents a 30% increase from its target for 2026 [1] Production Plans - The production target for hybrid and plug-in hybrid vehicles is set at around 6.7 million units by 2028 [1] - This new target is about 30% higher than the previously established target for 2026 [1]