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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.

European Companies Announce Major Job Cuts Amid Economic Pressures

The challenging economic environment across Europe, driven by high inflation and the ongoing conflict in Ukraine, has forced numerous companies to either freeze hiring...

European Markets Brace for Volatility Amid Global Growth Concerns and AI-Driven Tech Stock Slump

European markets are poised for a turbulent start on Wednesday, following significant losses in Asian stocks as concerns over the global growth outlook resurface....

Kamala Harris Proposes Tax Deduction for Small Businesses in New Economic Plan

Vice President Kamala Harris is set to announce a significant tax deduction proposal for small businesses, offering up to $50,000 in relief, a tenfold...

Nvidia Faces DOJ Antitrust Probe Amid Concerns Over AI Market Dominance

Nvidia, the leading player in artificial intelligence (AI) chip technology, is facing increased scrutiny from the U.S. Department of Justice (DOJ), which has deepened...

Japan’s Service Sector Sees Continued Growth in August Despite Global Economic Concerns

Japan’s service sector maintained its expansion in August, with activity bolstered by a rise in overseas sales, according to the latest survey data. The...

China’s Services Sector Growth Slows in August Amid Rising Costs and Weak Demand

Growth in China's services sector decelerated in August, despite the summer travel season, as companies faced mounting concerns over rising costs, according to a...

Global Housing Prices to Rise Modestly Amid Expectations of Lower Mortgage Rates

House prices across most major markets are expected to rise modestly in 2024 and 2025, as lower mortgage rates are anticipated to improve affordability...

Volvo Cars to Begin Deliveries of EX90 SUV After Extended Delays

Volvo Cars has announced that it will begin delivering its highly anticipated EX90 SUV to customers before the end of this month, following a...

Volkswagen Faces Workforce Tension Over Proposed Factory Closures Amid Cost-Cutting Drive

Volkswagen’s management is preparing for a tense meeting with its workforce as it outlines plans for significant cost-cutting measures, including potential factory closures in...

Nvidia Suffers Record Single-Day Loss as AI Optimism Dims Amid Market Selloff

Nvidia's shares plunged 9.5% on Tuesday, wiping out $279 billion in market value—the largest single-day loss for a U.S. company—amid a broader market selloff...

NBCUniversal’s Olympic Strategy Boosts Peacock and Drives Record Viewership

NBCUniversal's focus on the 2024 Paris Olympics has proven successful, delivering impressive results for both traditional TV and its streaming platform, Peacock. More than...

NFL Team Owners Face Estate Planning Challenges Amid Rising Values and Estate Taxes

As NFL team values surge into the billions, aging team owners are facing new challenges in managing their estates and ensuring smooth transitions to...

Tesla Cybertruck: A Bold Experiment or the Future of Trucks?

The Tesla Cybertruck has quickly made headlines, stirring a wide range of reactions from both fans and critics. Descriptions like “spaceship” and “UFO” are...

Record-Setting NFL Betting Expected to Surge in 2024 Despite Lagging Gambling Stocks

As the NFL season kicks off, U.S. sports betting is projected to reach a record $35 billion this year, marking a 30% increase from...

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