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SoftBank Group Posts Quarterly Profit on Tech Funds Gains
WSJ· 2026-02-12 07:27
Group 1 - The Japanese technology investment company reported a net profit of 248.59 billion yen, which is approximately $1.62 billion, for the three months ending in December [1]
Sanofi Names Merck KGaA's Garijo to Replace Hudson as CEO
WSJ· 2026-02-12 07:08
Group 1 - The company's board of directors decided not to renew Hudson's mandate, leading to a leadership change [1] - Garijo has stepped in as the new leader following the board's decision [1]
AB InBev Upbeat for 2026 After Volumes Decline Slows
WSJ· 2026-02-12 06:48
The world's largest brewer said it is confident of continued earnings growth after beer sales volumes fell 1.5%, less than expected. ...
South32 Has No Plans to Supply U.S. Critical Minerals Stockpile
WSJ· 2026-02-12 06:37
Group 1 - The Australian metals producer expects strong demand for zinc from North American smelters facing raw material shortages [1]
Mercedes-Benz Expects New Models and Cost Cuts to Drive Earnings Higher This Year
WSJ· 2026-02-12 06:26
Core Insights - The German luxury-car maker plans to launch over 40 new models by 2027, indicating a strong commitment to innovation and expansion in its product lineup [1] - The company is currently operating on three shifts to meet the high demand for its vehicles, reflecting robust market interest and sales performance [1]
Origin Energy Sees Opportunity for Data Centers by Its Power Plants
WSJ· 2026-02-12 05:00
Core Viewpoint - The Australian company, Origin, is expected to benefit from supplying energy to data centers, which are anticipated to drive future growth in power demand [1] Company Summary - Frank Calabria, the chief executive of Origin, highlighted the company's strategic position as a supplier of energy to data centers [1]
Sanctions, Ship Seizures and Low Prices Squeeze Russia's Oil Industry
WSJ· 2026-02-12 04:00
Core Insights - Moscow is facing significant challenges in selling oil, with millions of barrels currently floating on the water, indicating a surplus and lack of buyers [1] - The situation has led to record price discounts for Russian oil, reflecting the difficulties in the market [1] Industry Summary - The oil market is experiencing a notable oversupply, as evidenced by the large volume of unsold oil waiting for buyers [1] - Price discounts for Russian oil have reached unprecedented levels, highlighting the competitive pressures and market dynamics at play [1]
ANZ Bank Shares Enjoy Best Day Since 2020 as Cost Cuts Show
WSJ· 2026-02-12 02:20
SYDNEY—ANZ Group shares are on course for their best day since 2020 after the country's fourth-largest lender cut its first-quarter costs by more than analysts had expected. ...
U.S. Energy Secretary Talks Oil Revival—and Democracy—in Venezuela Visit
WSJ· 2026-02-12 02:08
Core Viewpoint - Significant advancements are being made in crude oil production, as stated by Chris Wright [1] Group 1 - The industry is experiencing "enormous progress" in crude production [1]