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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.

U.S. Federal Energy Commission Approves BlackRock’s $12.5 Billion Deal for Global Infrastructure Partners

The U.S. Federal Energy Regulatory Commission (FERC) on Friday gave the green light to BlackRock’s $12.5 billion acquisition of Global Infrastructure Partners (GIP), a...

Federal Reserve Signals Rate Cuts Amid Slowing Labor Market

Federal Reserve officials have signaled that they are prepared to initiate a series of interest rate cuts, with the first likely to be a...

Social Media Platform X Recovers from Short Outage Affecting Thousands of Users

Social media platform X experienced a brief outage on Saturday, leaving thousands of users unable to access the site. The disruption lasted less than...

Stellantis Recalls 1.46 Million Vehicles Worldwide Over Brake System Software Issue

Chrysler’s parent company, Stellantis, announced the recall of 1.46 million vehicles worldwide on Saturday due to a software malfunction affecting the anti-lock brake system...

Europe’s Auto Industry Faces €15 Billion in Fines Due to Slow EV Adoption, Warns Renault CEO

Europe’s automotive industry is at risk of facing up to €15 billion ($17.4 billion) in fines due to sluggish demand for electric vehicles (EVs),...

Janet Yellen Hints at Departure After Biden’s Term, Stresses U.S.-China Relations and Economic Stability

U.S. Treasury Secretary Janet Yellen, 78, has indicated that she is likely to step down from government service after President Joe Biden's term ends...

China Sees Opportunity, Not Threat, in U.S. Relations Amid Trade Talks in Tianjin

China views its relationship with the United States as an opportunity rather than a threat, according to remarks by China’s Vice Commerce Minister Wang...

Apple’s New iPhone to Feature A18 Chip Built on Arm’s Latest V9 Design

Apple’s upcoming iPhone, set to be unveiled on September 9, will feature the highly anticipated A18 chip, developed using Arm’s latest V9 chip design....

China Criticizes Dutch Decision to Expand Export Controls on ASML Chipmaking Equipment

China has expressed dissatisfaction with the Dutch government's decision to expand export controls on advanced chipmaking equipment produced by ASML, one of the world’s...

Elon Musk Denies Report of xAI and Tesla Revenue-Sharing Deal for AI Technology

Elon Musk has denied reports suggesting that his AI startup, xAI, held talks with Tesla regarding a revenue-sharing arrangement. According to a recent report,...

U.S. Airlines Slow Hiring Amid Rising Costs and Market Challenges

After a massive hiring spree that added nearly 194,000 jobs since 2021, U.S. airlines are now cooling their recruitment efforts. The industry, which faced...

Boeing’s Starliner Returns to Earth After Extended Test Flight Without Astronauts

Boeing’s Starliner spacecraft successfully returned to Earth after months at the International Space Station (ISS), but without the two astronauts it delivered to orbit...

U.S. Housing Supply Rises as Home Prices See Decline in August

The supply of homes for sale in the U.S. remains historically low but is rising rapidly. In August, active home listings increased by 36%...

Starboard Value Pushes to Dissolve News Corp’s Dual-Class Share Structure

Activist investor Starboard Value has made a move to challenge the dual-class share structure of News Corp, a structure that has long enabled the...

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