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Friday, February 20, 2026

British American Tobacco Confirms 2026 Financial Targets Amidst Strategic Shift to Smokeless Products

British American Tobacco reaffirms its 2026 financial outlook, projecting steady growth in EPS and revenue while accelerating its strategic shift towards smokeless nicotine products.

Sensei Biotherapeutics Secures Future with Faeth Therapeutics Acquisition and $200M Financing

Sensei Biotherapeutics acquires Faeth Therapeutics for $200M, bolstering its oncology pipeline with PIKTOR and securing crucial funding for clinical trials in endometrial and breast cancer.

SM Energy Divests South Texas Assets to Caturus Energy for $950 Million

SM Energy announces agreement to sell South Texas assets to Caturus Energy for $950 million, aiming to reduce debt and strengthen its balance sheet. Details on assets, production, and transaction timeline.

Business

British American Tobacco Confirms 2026 Financial Targets Amidst Strategic Shift to Smokeless Products

British American Tobacco reaffirms its 2026 financial outlook, projecting steady growth in EPS and revenue while accelerating its strategic shift towards smokeless nicotine products.

Sensei Biotherapeutics Secures Future with Faeth Therapeutics Acquisition and $200M Financing

Sensei Biotherapeutics acquires Faeth Therapeutics for $200M, bolstering its oncology pipeline with PIKTOR and securing crucial funding for clinical trials in endometrial and breast cancer.

Former Prince Andrew Arrested on Suspicion of Misconduct in Public Office

Andrew Mountbatten-Windsor, formerly Prince Andrew, has been arrested by Thames Valley Police on suspicion of misconduct in public office. The investigation is linked to his past dealings with Jeffrey Epstein.

Bulgaria Heads to Polls Again: Snap Election Set for April 19 Amidst Political Turmoil

Bulgaria announces snap parliamentary elections for April 19 amidst ongoing political instability and economic concerns. A caretaker government has been appointed to oversee the process.

SM Energy Divests South Texas Assets to Caturus Energy for $950 Million

SM Energy announces agreement to sell South Texas assets to Caturus Energy for $950 million, aiming to reduce debt and strengthen its balance sheet. Details on assets, production, and transaction timeline.

Governor Newsom Proposes $750 Million Annual Tax Credit for California Film Industry

California Governor Gavin Newsom has proposed a significant increase in funding for the state’s film and television tax credit program, aiming to boost production...

Universal Music and SoundLabs Release AI-Produced Spanish Version of Brenda Lee’s Holiday Classic

On Friday, Universal Music Group (UMG) released "Noche Buena y Navidad," a Spanish rendition of Brenda Lee's iconic 1958 holiday song "Rockin' Around the...

HKSTP Takes 25 Start-Ups to Saudi Arabia to Boost Innovation Ties at FII Forum

Hong Kong Science and Technology Parks Corporation (HKSTP) is launching its largest overseas delegation by bringing 25 Hong Kong-based start-ups to the Future Investment...

Hong Kong Introduces First AI Guidelines for Financial Services at FinTech Week

Hong Kong has introduced its first set of guidelines for the responsible use of artificial intelligence (AI) within the financial sector during the annual...

Waymo Secures $5.6 Billion in Series C Funding to Expand Robotaxi Service

Waymo, Alphabet’s autonomous driving venture, has closed a substantial $5.6 billion Series C funding round to expand its robotaxi service, currently available in Los...

Oppo and BYD Partner to Integrate Smartphones with Smart Cars, Expanding AI Capabilities

Chinese smartphone leader Oppo has entered into a strategic partnership with electric vehicle (EV) manufacturer BYD to enhance the interoperability between advanced smartphones and...

WeRide Files for $119.4 Million Nasdaq IPO Alongside $320.5 Million Private Placement

Chinese self-driving start-up WeRide has filed for an initial public offering (IPO) on Nasdaq, aiming to raise up to US$119.4 million, according to a...

Horizon Robotics IPO Surges in Hong Kong, Raising $696 Million

Shares of Horizon Robotics, a leading Chinese autonomous-driving technology firm, surged during their debut on the Hong Kong Stock Exchange, marking the second-largest initial...

Tesla to Launch Driverless Ride-Hailing Services in California and Texas by 2025

Tesla CEO Elon Musk announced on Wednesday that the electric vehicle giant plans to introduce driverless ride-hailing services in California and Texas next year....

Seven & i Holdings Unveils Growth Plan Focused on 7-Eleven Expansion

Japanese conglomerate Seven & i Holdings has revealed a new growth strategy centered around its core 7-Eleven convenience stores, while avoiding mention of a...

Abu Dhabi Rises as Global Wealth Hub, Attracting Asset Managers and Billionaires

Abu Dhabi is stepping out of Dubai’s shadow, emerging as a major global financial hub and attracting its share of wealthy asset managers and...

Tesla’s Vehicle Sales to Grow by 20%-30% in 2025, Says CEO Elon Musk

Tesla CEO Elon Musk has projected a significant boost in vehicle sales, expecting growth of 20% to 30% next year. This reassuring forecast calmed...

Apple Shares Drop as iPhone 16 Production Cut by 10 Million Units

Apple's shares declined by about 2% on Wednesday following reports from industry supply chain analyst Ming-Chi Kuo that the company has reduced its production...

Apple Rolls Out Beta Version of Apple Intelligence with ChatGPT Integration

Apple has released a beta version of its much-anticipated Apple Intelligence features, including integration with ChatGPT. These new AI capabilities aim to enhance user...

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