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Saturday, February 21, 2026

Swiss Re Expands Credit Insurance Reach With QBE Acquisition

Swiss Re Corporate Solutions will acquire QBE’s Global Trade Credit and Surety business, reinforcing its presence in specialty insurance across Australia, New Zealand, and the UK and expanding its credit risk offering.

QNB Corp. to Expand Footprint with $41 Million Acquisition of Victory Bancorp

QNB Corp. announces acquisition of Victory Bancorp for $41 million, creating a larger Pennsylvania-based bank with expanded assets and market reach.

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.

Business

Swiss Re Expands Credit Insurance Reach With QBE Acquisition

Swiss Re Corporate Solutions will acquire QBE’s Global Trade Credit and Surety business, reinforcing its presence in specialty insurance across Australia, New Zealand, and the UK and expanding its credit risk offering.

Les Wexner Faces Intensified Congressional Scrutiny Over Epstein Ties

Billionaire Les Wexner faces tough questions from lawmakers over his long ties with Jeffrey Epstein. Lawmakers allege Wexner enabled Epstein’s crimes, while Wexner claims he was deceived. Here’s the latest on the ongoing congressional inquiry.

QNB Corp. to Expand Footprint with $41 Million Acquisition of Victory Bancorp

QNB Corp. announces acquisition of Victory Bancorp for $41 million, creating a larger Pennsylvania-based bank with expanded assets and market reach.

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.

Delta CEO Offers Employees Free Travel Passes After Major Disruptions

Delta Air Lines CEO Ed Bastian on Friday extended an offer of two free travel passes to employees in recognition of their efforts during...

Eli Lilly’s Weight Loss and Diabetes Drugs Now Fully Available in U.S.

All doses of Eli Lilly’s highly popular weight loss injection Zepbound and diabetes drug Mounjaro are now available in the U.S., according to a...

Mortgage Rates Drop Significantly Amid Weak Jobs Report

The average rate for the popular 30-year fixed mortgage dropped by 22 basis points to 6.4% on Friday, according to Mortgage News Daily, marking...

WNBA Secures $2.2 Billion Media Rights Deal with Reevaluation Clause

The WNBA’s new media rights deal includes a price reevaluation after the 2028 season to reflect the league’s increasing popularity, according to sources familiar...

Rising Costs and Complexity of Third-Party Food Delivery Services

Food from the restaurant of your choosing, delivered right to your door — but at what cost? Third-party food delivery has become the norm for...

Fast-Food Chains Revive $5 Meal Deals to Attract Budget-Conscious Customers

Subway began phasing out its $5 footlong sandwiches a decade ago. However, fast-food chains are now reviving the $5 price point to attract budget-conscious...

Weilong Delicious Global Holdings Poised for Profit Surge Amid Economic Slowdown

Weilong Delicious Global Holdings, a prominent Chinese snack manufacturer, is poised to attract heightened investor attention following an anticipated profit surge in the first...

Chinese Brands Leverage Paris Summer Olympics to Boost Global Presence

Chinese companies are capitalizing on the Paris Summer Olympics to enhance their brand visibility both domestically and internationally. Among the prominent names, dairy giant...

Alibaba Waives Tmall Service Fees and Adjusts Refund Policy to Support Merchants

Chinese e-commerce giant Alibaba Group Holding has announced significant changes to support merchants on its platforms. Starting September 1, Alibaba will waive the annual...

China Securities Faces Backlash After Intern Leaks Sensitive Client Information

China Securities, the sixth-largest brokerage in mainland China, is facing significant backlash after an intern leaked sensitive client information, further destabilizing the country's embattled...

Hong Kong Property Market Slows Amid Heavy Rain and Steep Discounts

Heavy rain in Hong Kong and high interest rates dampened property sales in the New Territories on Saturday, even with steep discounts offered by...

Colgate-Palmolive Raises Annual Profit and Sales Forecasts on Strong Q2 Performance

Colgate-Palmolive, the renowned toothpaste maker, announced an upward revision of its annual profit and organic sales forecasts on Friday following a robust second-quarter performance...

Bristol Myers Squibb Reports Strong Q2 Results, Boosts Full-Year Earnings Forecast

Bristol Myers Squibb posted impressive second-quarter results, driven by the strong performance of new products like the anemia treatment Reblozyl and heart drug Camzyos,...

Union Pacific Under Scrutiny for Interference in Federal Safety Audit

Union Pacific, a leading U.S. railroad company, is under investigation for allegedly interfering with a federal safety audit. This interference prompted the Federal Railroad...

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