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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.

Surge in Crypto Millionaires: Global Count Nearly Doubles Amidst Rising Bitcoin ETFs

The population of crypto millionaires around the world has soared by 95% over the past year, with the number of individuals holding more than...

Canadian National Railway Workers to Return as Government Intervenes in Rail Stoppage

Workers at Canadian National Railway (CN) are set to return to work on Friday, following a government move to end an unprecedented rail stoppage...

Commonwealth Bank of Australia Lowers Mortgage Rates Amid Growing Market Competition

Commonwealth Bank of Australia (CBA), the nation’s largest lender, announced a reduction in interest rates on select home loan products for new customers on...

Tabcorp Fined A$4.3 Million for Repeated Breaches of Gambling Harm Prevention Laws

Australian wagering company Tabcorp has been fined A$4.3 million ($2.89 million) by the Victorian Gambling and Casino Control Commission (VGCCC) for repeated violations of...

Japan’s Core Inflation Accelerates, Raising Questions for Central Bank’s Future Rate Hikes

Japan's core inflation rate continued its upward trajectory in July, marking the third consecutive month of acceleration, according to data released on Friday. The...

Investors Flock to Money Market Funds Ahead of Anticipated Fed Rate Cuts

Investors funneled $37 billion into money market funds (MMFs) in the week leading up to Wednesday, according to Bank of America, as they positioned...

China’s Central Bank Subtly Intervenes to Prevent Rapid Yuan Appreciation

After months of attempting to stabilize a declining yuan, China's central bank now faces the challenge of preventing the currency from appreciating too rapidly....

Airlines Increasing Flights Over Afghanistan Amid Middle East Conflict

Several major airlines, including Singapore Airlines, British Airways, and Lufthansa, have significantly increased their flights over Afghanistan, deeming it a safer route amid the...

U.S. Postal Service Plans $30 Billion Savings with Operational Changes

The U.S. Postal Service (USPS) announced plans to implement a series of changes designed to save the agency an estimated $30 billion over the...

Chinese Entities Use U.S. Cloud Services to Access Advanced AI Chips and Technology

Chinese state-linked entities are leveraging cloud services provided by Amazon and other U.S. tech giants to gain access to advanced AI chips and technologies...

Fed Chair Jerome Powell to Address Economic Outlook at Jackson Hole Amid Anticipated Rate Cuts

U.S. economic indicators are paving the way for the Federal Reserve to begin cutting interest rates, with financial markets aligned for the first move....

NWSL and Players Association Abolish Draft, Introduce Full Free Agency in Historic Agreement

In a groundbreaking move for professional sports in the United States, the National Women’s Soccer League (NWSL) and the NWSL Players Association have agreed...

Walmart+ Partners with Burger King to Offer Exclusive Discounts and Free Whoppers

Walmart has unveiled a new partnership with fast-food giant Burger King, offering Walmart+ members significant savings on their favorite flame-grilled meals. Starting in September,...

Peloton Introduces $95 Activation Fee for Used Equipment as Secondary Market Grows

Peloton has announced the implementation of a one-time $95 activation fee for new subscribers who purchase its fitness equipment through secondary markets such as...

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