24 News 24 News
Home Business World US
Home Business World US
Business

Associated British Foods: A Share Price Slump Masks Solid Fundamentals

Despite a 14% share price decline over the past quarter, Associated British Foods (LON:ABF) demonstrates robust underlying financial health, driven by strong earnings growth and efficient capital reinvestment, suggesting potential for a market correction.

Feb 2, 2026
Business

Equinor Exits Argentina's Vaca Muerta Shale in $1.1 Billion Sale to Vista Energy

Norwegian energy giant Equinor is selling its onshore shale assets in Argentina's Vaca Muerta formation to local operator Vista Energy, marking a strategic pivot as it doubles down on offshore exploration and core international markets.

Feb 2, 2026
Business

FW Thorpe Shareholders Face 25% Loss Over Three Years as Stock Lags Market

Investors in lighting specialist FW Thorpe have seen a negative total shareholder return of 25% since 2021, starkly underperforming the broader market's gains. Despite steady revenue growth, the share price decline highlights a disconnect with company fundamentals.

Feb 2, 2026
Business

Giverny Capital Bets on Insurance Platform TWFG Amid Tech-Driven Market Headwinds

Investment firm Giverny Capital highlights insurance distributor TWFG as a key holding in its latest letter, revealing a challenging year where its value-focused strategy lagged the AI-fueled market rally.

Feb 2, 2026
Business

From $2.9 Billion to $7,386: How Tesla's Cybertruck Stumble Evaporated a Korean Family's Fortune

A South Korean family's paper wealth soared past $800 million after their company, L&F Co., inked a landmark battery materials deal with Tesla. Less than two years later, a quiet regulatory filing slashed the contract's value by 99.9997%, a collapse tied directly to Tesla's production struggles with its Cybertruck and 4680 battery cells.

Feb 2, 2026
Business

Tesla Bets the Factory: Musk Redirects Fremont Production Lines to Fuel Optimus Robot Ambitions

In a strategic pivot, Tesla's Q4 earnings call revealed plans to halt Model S and X production at its Fremont plant, repurposing the space for a massive push into humanoid robotics with the Optimus project, as Elon Musk outlines a vision for a million-unit annual output.

Feb 2, 2026
Business

Maesa's Ontu Launch Aims to Elevate Mass-Market Body Care to Facial-Grade Standards

Brand incubator Maesa is betting on the growing body care category with the launch of Ontu, a new line bringing high-performance, facial-inspired formulas to Target shelves at accessible price points, capitalizing on shifting consumer skincare rituals.

Feb 2, 2026
Business

San Antonio's Housing Market Stalls as Sellers Retreat, Listings Plunge 20%

New home listings in the San Antonio metro area fell sharply in December, the steepest decline among major U.S. cities, as a growing imbalance between sellers and buyers prompts homeowners to stay put.

Feb 2, 2026
Business

Carlsberg Exits Tibetan Brewery Venture, Ceding Full Control to Local Partner

Danish brewing giant Carlsberg has agreed to sell its 50% stake in the Lhasa Brewery joint venture to its local partner, Tibet Development, for 292 million yuan ($42 million), ending a partnership marked by operational disputes and significant financial impairments.

Feb 2, 2026
Business

Hilltop Honey Appoints Tom Delaney as CEO to Spearhead Ambitious £100m Growth Plan

Founder Scott Davies steps into executive chairman role as the Welsh honey maker rebrands to Hilltop Food Group and targets doubling turnover within five years through international expansion and new product categories.

Feb 2, 2026
Business

Boston Woman's Plea on The Ramsey Show Exposes Marital Strain Over Risky Real Estate Gambles

A Boston woman's call to a popular finance show reveals a marriage buckling under the weight of multi-million dollar real estate debt and conflicting risk appetites, highlighting how financial discord can threaten relationships.

Feb 2, 2026
Business

Purcari Wineries Moves to Consolidate Dealu Mare Region with Bid for Rival Serve Ceptura

Purcari Wineries has submitted a binding offer to acquire Romanian competitor Serve Ceptura, a move that would significantly expand its vineyard holdings and production capacity in the prestigious Dealu Mare wine region.

Feb 2, 2026
Business

Fifth Third Completes Comerica Merger, Cementing Status as Top 10 U.S. Bank

The finalized merger between Cincinnati-based Fifth Third and Dallas's Comerica creates a banking giant with nearly $300 billion in assets, dramatically expanding its footprint in the nation's fastest-growing markets.

Feb 2, 2026
Business

Qatar Launches Historic Offshore Decommissioning, Taps McDermott for Landmark Project

QatarEnergy awards McDermott a pivotal contract to plan the removal of 27 aging offshore platforms, marking the nation's first major step in responsibly retiring legacy oil and gas infrastructure.

Feb 2, 2026
World

From Across the Border: Iranian Exiles in Turkey Watch Homeland's Turmoil with Fear and Hope

In a cafe in eastern Turkey, Iranian exiles gather, their eyes fixed on news from home. As a new wave of protests meets a severe crackdown, those who fled earlier unrest watch, wait, and voice a desperate mix of anguish, anger, and fragile hope.

Feb 2, 2026
World

German Authorities Crack Down on Alleged Sanctions-Busting Ring Supplying Russian Defense Firms

German federal prosecutors have arrested five individuals accused of orchestrating a vast procurement network that allegedly funneled millions of euros worth of goods to Russian defense companies, in direct violation of EU sanctions imposed following the invasion of Ukraine.

Feb 2, 2026
World

Rafah Crossing Reopens Under Fragile Ceasefire, Offering Glimmer of Hope for Gaza's Medically Vulnerable

The Rafah border crossing between Gaza and Egypt has partially reopened under the terms of the US-brokered ceasefire, permitting a limited number of medical evacuations for the first time in nearly two years, as tens of thousands await passage.

Feb 2, 2026
World

Diplomatic Thaw Emerges as Iran Signals Readiness to Revive Nuclear Talks with U.S.

Amid a fragile de-escalation, Tehran confirms it is reviewing regional mediation proposals and expects a framework for renewed negotiations with Washington within days, though significant hurdles remain.

Feb 2, 2026
World

Labour's 'Prince of Darkness' Steps Down Amid Renewed Epstein Scandal

Peter Mandelson, a pivotal figure in the Blair-era Labour Party, has resigned his membership following fresh allegations concerning his ties to the late financier Jeffrey Epstein, marking another blow to the party's establishment.

Feb 2, 2026
Business

End of an Era: Eddie Bauer Files for Bankruptcy, Shuttering 200 North American Stores

The iconic outdoor retailer Eddie Bauer is preparing to file for Chapter 11 bankruptcy, a move that will close its entire fleet of roughly 200 physical stores across the U.S. and Canada. While its e-commerce and wholesale operations will live on, the decision marks a dramatic retreat from the mall landscape it helped define for decades.

Feb 2, 2026
  • 1
  • ...
  • 17
  • 18
  • 19
  • 20
  • 21
  • ...
  • 52

Today's Top Stories

1

Stephanopoulos Grills DOJ's Blanche Over WSJ Report on Trump-Linked Crypto Firm's $500M Deal With UAE Adviser

2

AI Chip Wars: The Steady Foundry vs. The Ambitious Challenger

3

MicroStrategy's Massive Bitcoin Bet Turns Sour as Price Dips Below Key Threshold

4

Germany Grinds to a Halt: Nationwide Transport Strike Paralyzes Cities Amid Deep Freeze

5

Mexico Defies U.S. Pressure, Pledges Humanitarian Aid to Cuba Amid Escalating Tensions

6

Minneapolis on Edge: Federal Operation Fuels Fear, Division as Promised Drawdown Remains Elusive

7

Marjorie Taylor Greene Breaks with Trump, Calls MAGA Movement a 'Big Lie' in Explosive Interview

8

Names Revealed: Federal Agents Involved in Fatal Minneapolis Shooting of ICU Nurse

9

Crypto Crime Surges: $370M Stolen in January Marks Worst Month in Nearly a Year

10

Starmer Warns Against UK Isolationism on China Amid Trump's Transatlantic Pressure

This Week's Top Stories

1

Stephanopoulos Grills DOJ's Blanche Over WSJ Report on Trump-Linked Crypto Firm's $500M Deal With UAE Adviser

2

AI Chip Wars: The Steady Foundry vs. The Ambitious Challenger

3

MicroStrategy's Massive Bitcoin Bet Turns Sour as Price Dips Below Key Threshold

4

Germany Grinds to a Halt: Nationwide Transport Strike Paralyzes Cities Amid Deep Freeze

5

Mexico Defies U.S. Pressure, Pledges Humanitarian Aid to Cuba Amid Escalating Tensions

6

Minneapolis on Edge: Federal Operation Fuels Fear, Division as Promised Drawdown Remains Elusive

7

Marjorie Taylor Greene Breaks with Trump, Calls MAGA Movement a 'Big Lie' in Explosive Interview

8

Names Revealed: Federal Agents Involved in Fatal Minneapolis Shooting of ICU Nurse

9

Crypto Crime Surges: $370M Stolen in January Marks Worst Month in Nearly a Year

10

Starmer Warns Against UK Isolationism on China Amid Trump's Transatlantic Pressure

Tags

eddie bauer stores closing oracle stock north america dis stock irs refund irs tax refund orcl stock linkin park reid hoffman solar flares MSTR Stock dow jones stock markets futures xcel energy power outages gld stock artemis 2 launch date john furner takes over walmart influencer marketing cryptocurrency trading mortgage broker nytimes.com
Home About Contact Us Privacy Policy Sitemap
© 2026 24 News