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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.

Nike Withdraws Full-Year Guidance Amid CEO Transition and Slowing Sales

Nike has announced the withdrawal of its full-year guidance and the postponement of its investor day as the company prepares for a leadership transition....

AWS TechFest Highlights AI Solutions for Business Transformation in Hong Kong

Artificial intelligence is no longer just a buzzword but a critical tool for business survival, with 65% of organizations already integrating GenAI into their...

Alibaba Launches Free Delivery Promotion for Taobao Shoppers in Hong Kong

Alibaba Group Holding has announced a three-month promotion that will waive delivery charges for Taobao users in Hong Kong on orders exceeding 99 yuan...

Intel Nears $8.5 Billion Funding Deal with U.S. Government to Boost Chip Manufacturing

Intel is on the verge of finalizing an $8.5 billion funding deal with the U.S. government, expected to close by the end of the...

FDA Approves New Schizophrenia Drug Cobenfy, Offering Hope for Patients

The FDA has given the green light to Cobenfy, a highly anticipated schizophrenia medication from Bristol Myers Squibb, marking the first new type of...

Radiation Data from NASA’s Artemis I Mission Sheds Light on Space Travel Risks

Scientists have gained critical insights into the dangers of radiation exposure for astronauts traveling beyond Earth's magnetic field, thanks to data collected during NASA's...

Mark Zuckerberg’s Latest AR Glasses Reveal and His Passion for Ancient Rome

Mark Zuckerberg’s fascination with the Roman Empire was on full display at Meta’s annual Connect event in Menlo Park, California, where the CEO unveiled...

Meta Unveils Quest 3S and Advances in AR Glasses at Connect Event

Meta has launched the Quest 3S, its latest virtual reality headset, at the Connect event in Menlo Park, California. Priced at $299, the Quest...

Alibaba Unveils Over 100 Open-Source AI Models and Upgrades Proprietary Technology to Compete Globally

Alibaba has announced the release of over 100 open-source artificial intelligence models, alongside significant upgrades to its proprietary technology, as it seeks to strengthen...

Amazon Unveils Amelia: AI Tool to Support Third-Party Sellers with Account Management and Data Insights

Amazon is launching a new AI tool named Amelia, designed to assist third-party sellers with managing their accounts, accessing sales data, and resolving issues...

Nio Launches Budget Brand Onvo with L60 SUV, Aims to Challenge Tesla in China and Beyond

Chinese electric vehicle manufacturer Nio has introduced its new budget brand, Onvo, with the launch of the L60 SUV. Priced as low as 149,900...

Tech Stocks Surge as Investors React to Federal Reserve Rate Cut

Investors flocked to tech stocks at one of the fastest rates this year, following the Federal Reserve's decision to cut its benchmark interest rate...

Intuitive Machines Secures $4.82 Billion NASA Contract for Lunar Satellite Constellation

Intuitive Machines' stock soared on Wednesday after NASA awarded the lunar-focused company a significant contract to build and deploy a constellation of satellites dedicated...

Darden Restaurants Reports Mixed Q1 Results; Olive Garden and Fine Dining Sales Decline

Darden Restaurants reported weaker-than-expected earnings and revenue for the first quarter, impacted by declining sales at Olive Garden and its fine dining establishments. For...

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