SAP SE Chief Executive Officer Christian Klein announced a plan to shake up its executive board and said he will personally boost his focus on artificial intelligence as Europe’s most valuable software company faces increasing pressure from the technology. Klein will transfer his oversight of the sales department to Thomas Saueressig , a board member who currently answers for after-sales matters a...
SAP SE Chief Executive Officer Christian Klein announced a plan to shake up its executive board and said he will personally boost his focus on artificial intelligence as Europe’s most valuable software company faces increasing pressure from the technology. Klein will transfer his oversight of the sales department to Thomas Saueressig , a board member who currently answers for after-sales matters and helping clients to deploy SAP’s software, according to a companywide email Klein sent on Monday that Bloomberg reviewed. From April 1, Saueressig will be Chief Customer Officer. SAP’s pivot comes as investors flee software-as-a-service companies, fearing disruption by AI. Shares of enterprise software firms have been rocked in recent weeks as new AI tools raised the specter of users automating more tasks and workflow applications. At SAP, customers, resellers and investors have raised doubts about the prices and value of the company’s flagship AI product, Bloomberg reported last week. Read More: SAP Users Question Value-for-Money of Firm’s AI Tools “The AI evolution is moving rapidly, and we need to keep pace,” Klein wrote. “We once again need to transform SAP end to end, going all in on AI.” SAP’s shares have fallen 38% over the last year, causing it to lose its position as Europe’s most-valuable public company. Board member Muhammad Alam , who leads product and engineering, will not renew his contract that ends in March 2027 due to personal reasons, Klein said in the email, confirming a Bloomberg News report on Friday. Alam’s departure will add to SAP’s high executive board member turnover in recent years that has led the company to reassign board responsibilities. When Chief Revenue Officer Scott Russell left SAP in 2024, Klein took over some of his sales responsibilities that will now be handed to Saueressig. Read More: SAP’s New Bonus System Rewarded Underperforming Bosses SAP first rolled out its AI assistant Joule — designed to help users navigate complex SAP syst...
The escalating conflict in the Middle East is set to drive up travel costs for Hong Kong passengers as many are forced to opt for more expensive direct routes to Europe, according to analysts. They said on Monday that the suspension of major transit hubs in Dubai in the United Arab Emirates (UAE) and Doha in Qatar had left travellers scrambling for seats on direct flights or “conflict-free” paths ...
The escalating conflict in the Middle East is set to drive up travel costs for Hong Kong passengers as many are forced to opt for more expensive direct routes to Europe, according to analysts. They said on Monday that the suspension of major transit hubs in Dubai in the United Arab Emirates (UAE) and Doha in Qatar had left travellers scrambling for seats on direct flights or “conflict-free” paths to Europe, with surging demand set to trigger a spike in airfares. Global air travel has been...
Unlike his predecessors, Friedrich Merz projects certainty, even when he’s wrong. Now he must turn words into a deliverable plan The 18th-century philosopher Johann Gottfried Herder is credited in Germany with coining the maxim: “Talk is silver, but silence is golden.” The saying has come to define Germany’s political culture. Olaf Scholz was economical with words and drew mockery for his wooden, ...
Unlike his predecessors, Friedrich Merz projects certainty, even when he’s wrong. Now he must turn words into a deliverable plan The 18th-century philosopher Johann Gottfried Herder is credited in Germany with coining the maxim: “Talk is silver, but silence is golden.” The saying has come to define Germany’s political culture. Olaf Scholz was economical with words and drew mockery for his wooden, monosyllabic replies as the “Scholzomat” or even the “coma chancellor”. Scholz was not entirely different from his predecessor. Angela Merkel grew up in East Germany’s communist dictatorship and learned early that words could be dangerous. She spoke cautiously, almost clinically, in the monotone of a central banker. Every word served a purpose. That was precisely why everyone listened closely. Friedrich Merz, by contrast, is anything but a soporific speaker. The trained lawyer has a sharp tongue and visibly enjoys the sound of his own voice. In this, the conservative chancellor resembles the French president, Emmanuel Macron – another beau parleur . And like Macron, Merz is a know-all. He rarely misses a chance to show his audience how clever he is. Joseph de Weck is a fellow with the Foreign Policy Research Institute Continue reading...
Exclusive: National Film and Television School introduces fully accessible accommodation and bursary scheme at its Beaconsfield campus For a long time, physically disabled students who dreamed of studying at the UK’s most prestigious film and TV production school had nowhere to stay in the local area. And when they commuted, they would encounter hundreds of inaccessible areas on campus. In an indu...
Exclusive: National Film and Television School introduces fully accessible accommodation and bursary scheme at its Beaconsfield campus For a long time, physically disabled students who dreamed of studying at the UK’s most prestigious film and TV production school had nowhere to stay in the local area. And when they commuted, they would encounter hundreds of inaccessible areas on campus. In an industry where just 12% of TV employees are disabled, compared with 18% in the labour market as a whole, something had to change. Continue reading...
The escalating conflict in the Middle East – which is sending oil prices soaring and disrupting shipping traffic along the Strait of Hormuz – should not pose an immediate threat to China’s crude supply, but will add urgency to the country’s energy security drive, analysts said. Since the United States and Israel launched strikes against Iran over the weekend, commercial traffic has largely come to...
The escalating conflict in the Middle East – which is sending oil prices soaring and disrupting shipping traffic along the Strait of Hormuz – should not pose an immediate threat to China’s crude supply, but will add urgency to the country’s energy security drive, analysts said. Since the United States and Israel launched strikes against Iran over the weekend, commercial traffic has largely come to a standstill along the Strait of Hormuz – a waterway linking the Persian Gulf with the Indian Ocean...
Global trade began moving away from the US long before Trump took office — but his tariffs didn’t help, Bloomberg Opinion columnist Scott Lincicome says. (Source: Bloomberg)
Global trade began moving away from the US long before Trump took office — but his tariffs didn’t help, Bloomberg Opinion columnist Scott Lincicome says. (Source: Bloomberg)
This year marks the 50th anniversary of Porsche introducing the 911 Turbo to the US. In 1976 the Turbo was the top of the line for Porsche’s flagship, with turbochargers, those turbine-driven devices that enhance power and efficiency by forcing extra air into the combustion chamber, delivering superior performance that packs a punch when the boost kicks in. The latest of these models — Porsche’s 9...
This year marks the 50th anniversary of Porsche introducing the 911 Turbo to the US. In 1976 the Turbo was the top of the line for Porsche’s flagship, with turbochargers, those turbine-driven devices that enhance power and efficiency by forcing extra air into the combustion chamber, delivering superior performance that packs a punch when the boost kicks in. The latest of these models — Porsche’s 911 Turbo S Cabriolet — arrives in US dealerships this week. It’s a high-end convertible that bequeaths high status to the lucky person driving it. The Turbo S is the best Porsche 911 money can buy, perfectly calibrated for maximum power and precision, stability and speed. If a car could solve all your problems, this one would. I recently drove one the color of dried lavender — Porsche calls the color Provence — for a week in Los Angeles. True to its reputation, the bulbous convertible offers all you could want: the horsepower of a Lamborghini, speed like a Ferrari, hundreds of color options — even a back seat. And it’s a hybrid, signaling eco-friendliness even though the actual mileage (15/22/18 mpg city/highway/combined) doesn’t quite check that box. It’s a kitchen sink of a car — the 911 Turbo S Cabriolet has got it all — and this comes at a cost: It starts at $284,300, up nearly 32% from $216,300 for the previous Turbo S Cab in 2021. It also costs far more than worthy contemporaries, including the $202,000 Mercedes-Benz AMG GT performance hybrid and the $225,000 Mercedes-Maybach SL luxury roadster . The average price of a new car in the US is around $50,000 . Call it a sign of the times. Porsche is pushing deeper into the luxury market , away from its street-friendly track-car roots and toward a segment of culture that tends to reward image over substance, and cars like this epitomize the ill-advised transition. If the $305,000 final price of the Turbo S I drove is the cost of being all things to all people — fast yet environmentally virtuous, sporty but luxurious, aspir...
Earnings season is winding down, but we still have a couple of key names reporting this week including Crowdstrike, Broadcom, Marvell Technology, Target, Costco and Alibaba.
Earnings season is winding down, but we still have a couple of key names reporting this week including Crowdstrike, Broadcom, Marvell Technology, Target, Costco and Alibaba.
In the Trump FCC's latest series of attacks on TV broadcasters, Federal Communications Commission Chairman Brendan Carr has been threatening to enforce the equal-time rule on daytime and late-night talk shows. The interview portions of talk shows have historically been exempt from equal-time regulations, but Carr has a habit of interpreting FCC rules in novel ways to target networks disfavored by ...
In the Trump FCC's latest series of attacks on TV broadcasters, Federal Communications Commission Chairman Brendan Carr has been threatening to enforce the equal-time rule on daytime and late-night talk shows. The interview portions of talk shows have historically been exempt from equal-time regulations, but Carr has a habit of interpreting FCC rules in novel ways to target networks disfavored by President Trump. Critics of Carr point out that his threats of equal-time enforcement apply unequally since he hasn't directed them at talk radio, which is predominantly conservative. Given the similarities between interviews on TV and radio shows, Carr has been asked to explain why he issued an equal-time enforcement warning to TV but not radio broadcasters. Carr's responses to the talk radio questions have been vague, even as he tangled with Late Show host Stephen Colbert and launched an investigation into ABC's The View over its interview with Texas Democratic Senate candidate James Talarico. In a press conference after the FCC's February 18 meeting, Deadline reporter Ted Johnson asked Carr why he has not expressed "the same concern about broadcast talk radio as broadcast TV talk shows." Read full article Comments
JHVEPhoto/iStock Editorial via Getty Images Shares of Hasbro ( HAS ) have been an excellent performer over the past year, gaining about 50%. Overcoming fears around tariffs, the company’s blockbuster Wizards of the Coast/MAGIC franchise has powered tremendous growth, accelerating deleveraging and allowing the company to shift focus to capital returns. If anything, momentum only seems to be buildin...
JHVEPhoto/iStock Editorial via Getty Images Shares of Hasbro ( HAS ) have been an excellent performer over the past year, gaining about 50%. Overcoming fears around tariffs, the company’s blockbuster Wizards of the Coast/MAGIC franchise has powered tremendous growth, accelerating deleveraging and allowing the company to shift focus to capital returns. If anything, momentum only seems to be building further, differentiating Hasbro in a mixed consumer discretionary spending environment. I last covered Hasbro in October when I upgraded the stock to a “ B uy,” which was a well-timed call given the 33% rally since then. Given such strong performance and with updated financials, now is a good time to revisit HAS. Seeking Alpha In the company’s fourth quarter , Hasbro earned $1.51 per share, which was $0.56 ahead of expectations as revenue surged 32% to $1.5 billion. Thanks to breakneck growth from its higher-margin digital division, operating profits basically tripled to $315 million as margins expanded ~1200bps to 21.8%. Improving mix shift within its business has been the primary driver of its margin expansion and outsized profit growth. Hasbro is performing extremely well, and I expect strong results to persist in 2026, though this appears increasingly factored into valuation. Hasbro Its Wizards and Digital Gaming business remains the absolute standout, with revenues up 86% from last year to $630 million. Operating margins doubled over the past year to 45% as HAS scaled up its offerings, and the unit generated $284 million of profits. While less than 40% of revenue, this unit now drives about 90% of operating profits, and its success is driving Hasbro’s financial outperformance vs. peers. Growth was entirely driven by its tabletop game, led by the successful launch of an Avatar: The Last Airbender set. Its flagship MAGIC: The Gathering has grown at 16% over the past decade, and sales should surpass $1.9 billion last year. It now has over 1 million players, which is up ...
China-Based Anhui Coreach Technology Co. Ranks As A Global Leader In The Production And Sales Of LED Products To Major Electronics Manufacturers DALLAS, TX AND HEFEI, CHINA / ACCESS Newswire / March 2, 2026 / Dominion Harbor Enterprises' (DHE) (www.DominionHarbor.com) ...
China-Based Anhui Coreach Technology Co. Ranks As A Global Leader In The Production And Sales Of LED Products To Major Electronics Manufacturers DALLAS, TX AND HEFEI, CHINA / ACCESS Newswire / March 2, 2026 / Dominion Harbor Enterprises' (DHE) (www.DominionHarbor.com) ...
The anti-parasitic drug became a household name during the COVID-19 pandemic, and it is now being embraced as an alternative treatment for cancer. It is as politically polarizing as ever.
The anti-parasitic drug became a household name during the COVID-19 pandemic, and it is now being embraced as an alternative treatment for cancer. It is as politically polarizing as ever.
Ongoing PreciSION CF Phase 2a proof-of-concept trial evaluating NBD1 stabilizer SION-719 as an add-on to standard of care in participants with cystic fibrosis is on track with topline data anticipated in mid-2026
Ongoing PreciSION CF Phase 2a proof-of-concept trial evaluating NBD1 stabilizer SION-719 as an add-on to standard of care in participants with cystic fibrosis is on track with topline data anticipated in mid-2026
ALMATY, Kazakhstan, March 02, 2026 (GLOBE NEWSWIRE) -- Joint Stock Company Kaspi.kz (“Kaspi.kz”, “we”) (Nasdaq:KSPI) today published its unaudited consolidated IFRS financial results for the quarter and fiscal year ended 31 December 2025 (“4Q & FY 2025” respectively).
ALMATY, Kazakhstan, March 02, 2026 (GLOBE NEWSWIRE) -- Joint Stock Company Kaspi.kz (“Kaspi.kz”, “we”) (Nasdaq:KSPI) today published its unaudited consolidated IFRS financial results for the quarter and fiscal year ended 31 December 2025 (“4Q & FY 2025” respectively).
Zumilokibart (APG777) trials continue to advance in atopic dermatitis (AD) with plans for expansion indications underway: - APEX Phase 2 Part A 52-week data expected this month - APEX Phase 2 Part B 16-week data expected in Q2 2026 - Phase 3 trial initiation in AD anticipated in 2H 2026 - Successful expansion of zumilokibart beyond AD demonstrated in asthma Phase 1b trial; details on asthma and eo...
Zumilokibart (APG777) trials continue to advance in atopic dermatitis (AD) with plans for expansion indications underway: - APEX Phase 2 Part A 52-week data expected this month - APEX Phase 2 Part B 16-week data expected in Q2 2026 - Phase 3 trial initiation in AD anticipated in 2H 2026 - Successful expansion of zumilokibart beyond AD demonstrated in asthma Phase 1b trial; details on asthma and eosinophilic esophagitis ( EoE) trials expected later this year
Acquisition expands HighPoint's hybrid-cloud and platform engineering capabilities, accelerating cloud modernization and automation for enterprise customers. SPARTA, NJ / ACCESS Newswire / March 2, 2026 /HighPoint, a leader in modern networking and ...
Acquisition expands HighPoint's hybrid-cloud and platform engineering capabilities, accelerating cloud modernization and automation for enterprise customers. SPARTA, NJ / ACCESS Newswire / March 2, 2026 /HighPoint, a leader in modern networking and ...
Sealed Air press release ( SEE ): Q4 Non-GAAP EPS of $0.77 beats by $0.04 . Revenue of $1.4B (+1.4% Y/Y) beats by $60M . Net sales of $1.40 billion increased 2% as reported in fourth quarter 2025 compared to fourth quarter 2024, with the Protective segment increasing 3% and the Food segment increasing 2%. Net sales decreased $10 million, or 1%, on a constant currency basis. Volumes decreased by $7...
Sealed Air press release ( SEE ): Q4 Non-GAAP EPS of $0.77 beats by $0.04 . Revenue of $1.4B (+1.4% Y/Y) beats by $60M . Net sales of $1.40 billion increased 2% as reported in fourth quarter 2025 compared to fourth quarter 2024, with the Protective segment increasing 3% and the Food segment increasing 2%. Net sales decreased $10 million, or 1%, on a constant currency basis. Volumes decreased by $7 million, or less than 1%. Price was essentially flat. More on Sealed Air Sealed Air sale to CD&R filed under simplified procedure with European Commission Sealed Air ticks lower as go-shop period expires Seeking Alpha’s Quant Rating on Sealed Air Historical earnings data for Sealed Air Dividend scorecard for Sealed Air
ADT press release ( ADT ): Q4 Non-GAAP EPS of $0.23 beats by $0.01 . Revenue of $1.28B (+1.6% Y/Y) misses by $20M . For 2026, the Company expects adjusted free cash flow (including interest rate swaps) growth of approximately 20% versus prior year, with revenue and Adjusted EPS approximately flat. More on ADT ADT: Undervalued Cash Cow With Major Institutional Moves ADT: Mr. Market Continues To Und...
ADT press release ( ADT ): Q4 Non-GAAP EPS of $0.23 beats by $0.01 . Revenue of $1.28B (+1.6% Y/Y) misses by $20M . For 2026, the Company expects adjusted free cash flow (including interest rate swaps) growth of approximately 20% versus prior year, with revenue and Adjusted EPS approximately flat. More on ADT ADT: Undervalued Cash Cow With Major Institutional Moves ADT: Mr. Market Continues To Underestimate This Amazing Business ADT Q4 2025 Earnings Preview ADT, Origin AI and Verisure sign $30M agreement to scale AI-driven security Seeking Alpha’s Quant Rating on ADT
Total revenue rises to £21.5m from £15m Accounts show £22,000 profit after tax for 2024-25 Arsenal Women experienced huge growth in commercial and matchday revenue last season, but remain reliant on funds from the parent club, their latest accounts show. In the year to 31 May 2025, during which Arsenal won the Women’s Champions League and finished second in the Women’s Super League, the club nearl...
Total revenue rises to £21.5m from £15m Accounts show £22,000 profit after tax for 2024-25 Arsenal Women experienced huge growth in commercial and matchday revenue last season, but remain reliant on funds from the parent club, their latest accounts show. In the year to 31 May 2025, during which Arsenal won the Women’s Champions League and finished second in the Women’s Super League, the club nearly trebled their commercial revenue and their matchday revenue increased by 35% to almost £6m, bringing a club record profit of £22,000 after tax. Continue reading...