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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.

Samsung Electronics Union Calls for Strike Over Transparency and Compensation

A workers' union at Samsung Electronics in South Korea has announced a strike set for July 8-10, aiming to escalate industrial action against the...

Hindenburg Research Refutes Allegations by India’s SEBI Over Adani Short Bet

Hindenburg Research denied allegations from India's securities regulator, SEBI, on Monday, accusing the firm of colluding with a U.S. asset manager to use non-public...

Japan’s Finance Minister Expresses Vigilance Amid Yen’s 38-Year Low Against Dollar

Japan's finance minister stated on Tuesday that authorities remain vigilant over sharp currency market movements, as the yen continues to slump to new 38-year...

Australia Demands Internet Industry to Protect Children from Inappropriate Content

Australia has issued a six-month ultimatum to the internet industry to create an enforceable code that prevents children from accessing pornography and other inappropriate...

German Companies Turn to Solar Power Amid High Energy Costs and Incentives

Philip Matthias spent months persuading his father to install solar panels on their company's roof in Thuringia, eastern Germany. Initially skeptical about the 2.3-million-euro...

Rio Tinto Negotiates with Workers at Oyu Tolgoi to Prevent Further Strikes Over Wage Cuts

Global mining giant Rio Tinto is currently in negotiations with workers at its Oyu Tolgoi copper operations in Mongolia to prevent further industrial action...

Investigation Reveals Child Labor at Indian Distillery, Government Takes Action

An investigation by the National Commission for Protection of Child Rights revealed that children aged between 13 and 17 were working at a Som...

Tesla Faces Challenges with Declining Deliveries and Growing Competition

Tesla is expected to report a 6% decline in June-quarter deliveries, marking the first instance of two consecutive quarters of decline for the leading...

U.S. Dollar Hits 38-Year High Against Yen Amid Treasury Yield Surge

The U.S. dollar surged to a near 38-year high against the yen on Tuesday, driven by a sharp increase in Treasury yields as investors...

AI-Driven Stock Surge Draws Comparisons to Dotcom Bubble

A recent surge in U.S. stocks, driven by excitement over artificial intelligence (AI), is drawing comparisons to the dotcom bubble of two decades ago....

BYD’s Q2 EV Sales Surge by 21%, Closing Gap with Tesla

China’s BYD (002594.SZ) recorded a 21% increase in electric vehicle (EV) sales during the second quarter, narrowing the gap with Tesla (TSLA.O). According to...

Boeing to Acquire Spirit AeroSystems in $8.3 Billion All-Stock Deal

Boeing announced on Monday its plans to acquire fuselage manufacturer Spirit AeroSystems in an all-stock transaction valued at $8.3 billion, including Spirit’s debt. The...

Starbucks Introduces New System to Improve Order Efficiency and Customer Experience

Starbucks cafes across the country are implementing significant changes to improve order efficiency and reduce wait times, anticipating a surge in mobile app orders....

Boston Celtics Ownership Group Announces Sale Amid Rising Valuations

The Boston Celtics’ ownership group has announced plans to sell the team, as confirmed in a statement posted on the Celtics’ social media account....

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