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Anti-racism body slams Man Utd co-owner for 'disgraceful' immigration comments
A leading British football anti-discrimination body on Thursday slammed as "disgraceful" comments by Manchester United co-owner Jim Ratcliffe claiming the "UK has been colonised by immigrants".
Mercedes-Benz net profit nearly halves amid China, US woes
German carmaker Mercedes-Benz reported Thursday its lowest annual profit since the Covid pandemic, as it counted the cost of US tariffs and cutthroat competition in China.
European stocks rise tracking earnings, US jobs
European stock markets rose Thursday as traders digested a string of company earnings and a stronger-than-expected US jobs report, which boosted optimism about the health of the world's largest economy.
Hermes sales rise despite US tariffs, currency headwinds
French luxury house Hermes reported Thursday an increase in 2025 sales even though it faced steep US tariffs and a weak dollar, which made its leather handbags and other goods more pricey for customers worldwide.
Pro-Kremlin accounts using Epstein files to push conspiracy: AFP research
Pro-Kremlin social media accounts are using the latest Jeffrey Epstein document release to bolster their efforts to spread baseless claims that Russia has saved Ukrainian children from sex trafficking, AFP research showed Thursday.
Sanofi says board has removed CEO Paul Hudson
French pharmaceutical giant Sanofi has removed Paul Hudson as chief executive, thanking him Thursday for "valuable contributions" but without giving any reason for his surprise exit.
Struggling Nissan forecasts $4.2 bn full-year net loss
Japanese automaker Nissan said on Thursday it expected to suffer a net loss of 650 billion yen ($4.2 billion) in its fiscal year that ends in March, as it struggles with sluggish sales.
Asia markets mixed as stong US jobs data temper rate expectations
Stocks were mixed on Thursday as investors weighed a bumper US jobs report that eased concerns about the state of the world's top economy but forced them to pare back their bets on Federal Reserve interest rate cuts.
Samsung starts mass production of next-gen AI memory chip
Samsung Electronics announced Thursday it had started mass production of next-generation memory chips to power artificial intelligence, touting an "industry-leading" breakthrough.
Argentina moves closer to labor reform, despite protests
Argentina pushed closer on Thursday to approving labor reforms that have triggered clashes between workers and police in the streets outside Congress.
Greece's Cycladic islands swept up in concrete fever
On the sloping shoreline of the Greek Aegean island of Milos, a vast construction site has left a gaping wound into the island's trademark volcanic rock.
'China shock': Germany struggles as key market turns business rival
China was long a lucrative market for Germany Inc, but the Asian giant's rise in high-tech fields has put the heat on Europe's industrial powerhouse and its companies, big and small.
EU leaders push to rescue European economy challenged by China, US
EU leaders will converge on a Belgian castle on Thursday as the bloc seeks ways to punch its economic weight on the global stage -- faced with threats from China and the United States, and hamstrung by its own divisions.
Protesters, police clash at protest over Milei labor reform
Argentine workers hurled stones and bottle bombs Wednesday at police who responded with tear gas and rubber bullets as a protest against proposed labor reforms turned briefly violent.
Southern Energy Corp. Completes US$23.5 Million Financings and Royalty Sale
CALGARY, AB AND TORONTO, ON / ACCESS Newswire / February 12, 2026 / Southern Energy Corp. ("Southern" or the "Company") (TSXV:SOU)(AIM:SOUC), an established producer with natural gas and light oil assets in Mississippi, and three related arm's length private investors, Treelawn Group Inc., TCC 1 Corp. and TCC Royalty Corp. (each, an "Investor"), are pleased to announce the completion of Southern's previously announced offering, on a non-brokered private placement basis, of senior secured convertible debentures (the "Debentures") and new common shares ("Shares") of the Company (the "Offering") and sale of a newly-created gross overriding royalty ("GORR" and, collectively with the Offering, the "Transaction") to the Investors for aggregate net proceeds of US$22.0 million after a 8.8235% original issue discount (the "OID") equivalent to US$1.5 million on the Debentures. Any early warning reports and insider reports required under applicable Canadian securities laws will be filed in accordance with regulatory requirements.
Park Lawn Expands Presence in Oklahoma
TORONTO, ON / ACCESS Newswire / February 12, 2026 / Park Lawn Corporation ("Park Lawn" or "PLC"), is pleased to announce that, effective January 12, 2026, it acquired substantially all of the assets of Vondel L. Smith & Sons Mortuaries and Crematoriums as well as Heritage Burial Park at South Lakes, all located in Oklahoma City, Oklahoma (collectively "Vondel"). This transaction expands Park Lawn's presence in the greater Oklahoma City market through the addition of two (2) stand-alone funeral homes and one (1) combination funeral home and cemetery property.
Verdera Energy Closes $20 Million Financing and Provides Update to Proposed Qualifying Transaction and Listing on the TSX-V
VANCOUVER, BC / ACCESS Newswire / February 12, 2026 / Verdera Energy Corp. (the "Company" or "Verdera") and POCML 7 Inc. (TSXV:POC.P) ("POCML7"), are pleased to announce that they have closed their previously announced offering of subscription receipts of Verdera and POCML7 for aggregate gross proceeds of $20 million (the "Offering"). Verdera has reserved the ticker symbol "V" on the TSX Venture Exchange (the "TSX-V") and expects trading on the TSX-V to commence on or about February 24, 2026.
Archimetis Raises $11.5M to Transform Industrial Operations with AI-Powered Operational Reasoning System
SF-based Company Delivers $34-45M in Annual Value for Refineries Through Advanced AI That Combines Data, Engineering Analysis, and Organizational Knowledge
Kinross to Initiate Two Phase 6,000-8,000 Metre Drill Program on BTU Dixie Halo Property Near Great Bear Property
VANCOUVER, BC / ACCESS Newswire / February 12, 2026 / BTU METALS CORP. ("BTU" or the "Company") (TSXV:BTU)(OTCQB:BTUMF) announces Kinross is planning to initiate a two phase 2026 drill program this month on BTU's Dixie Halo property. Kinross has indicated It plans to complete sufficient work on the BTU Dixie Halo property to earn a 70% interest in the project this year.
Jericho Energy Ventures (TSXV:JEV) Announces Letter of Intent with Comstock Holding Companies (Nasdaq:CHCI) to Advance AI Data Center Campus Development Leveraging Its Energy Infrastructure; Comstock to Invest USD$1.5 Million in Private Placement
TULSA, OK / ACCESS Newswire / February 12, 2026 / Jericho Energy Ventures Inc. (TSXV:JEV)(OTCID:JROOF)(FRA:JLM) ("Jericho", "JEV" or the "Company"), an energy innovation company positioned at the nexus of energy and AI infrastructure, is pleased to announce that it has entered into a letter of intent (the "LOI"), dated February 11, 2026, with Comstock Holding Companies, Inc. (Nasdaq:CHCI) ("Comstock"), pursuant to which the parties have committed to establish a strategic partnership (the "Joint Venture" or "JV") focused on the acquisition and development of land in and around Jericho's existing energy assets in Oklahoma.
Trump orders Pentagon to buy coal-fired electricity
US President Donald Trump ordered the Pentagon on Wednesday to buy electricity from coal-fired plants, in his latest bid to boost an industry that is a major contributor to climate change.
US pushes for 'dramatic increase' in Venezuela oil output
US Energy Secretary Chris Wright on Wednesday vowed to power a "dramatic increase" in Venezuelan oil output as part of a plan to "make the Americas great again" after talks with acting president Delcy Rodriguez in Caracas.
Milei labor law reforms spark clashes in Buenos Aires
Argentine protesters angry over a labor reform bill clashed with police Wednesday outside Congress, as lawmakers debated plans to facilitate work contract flexibility and make it easier and cheaper to fire staff.
US stocks move sideways after January job growth tops estimates
Wall Street stocks moved sideways Wednesday following solid US jobs data that boosted sentiment about the economy but dented prospects for imminent Federal Reserve interest rate cuts.
US top official in Venezuela for oil talks after leader's ouster
US Energy Secretary Chris Wright was in Venezuela on Wednesday for talks with acting president Delcy Rodriguez and oil industry executives on harnessing the country's vast reserves of crude.
TotalEnergies can do without Russian gas: CEO
French fossil fuels giant TotalEnergies said Wednesday it will abide by a European ban on imports of Russian liquefied natutral gas (LNG) due to come into force next year and said it can easily replace the supplies.
Instagram CEO denies addiction claims in landmark US trial
Instagram CEO Adam Mosseri on Wednesday rejected the notion that users could be clinically addicted to social media, as he testified in a landmark California trial over whether his company knowingly hooked children on its platform for profit.
EU leaders push rival fixes to reverse bloc's 'decline'
EU leaders told industry executives on Wednesday they were committed to transforming the bloc's lagging economy into a global powerhouse able to confront US and Chinese competition.
BMW recalls hundreds of thousands of cars over fire risk
German carmaker BMW is to recall hundreds of thousands of cars worldwide over a potential risk of engine starters sparking a fire, a company spokesman confirmed to AFP Wednesday.
Norway's ex-diplomat seen as key cog in Epstein affair
Norway's former high-profile diplomat Terje Rod-Larsen helped Jeffrey Epstein weave his web of dignitaries, acting as a go-between for the convicted sex offender in exchange for rewards, media has reported.
Instagram CEO to testify at social media addiction trial
Instagram's CEO Adam Mosseri takes the stand Wednesday in a landmark trial that could determine whether social media giants knowingly hooked children on their platforms for profit.
xAI sees key staff exits, Musk promises moon factories
Half of the original founding team at Elon Musk's artificial intelligence startup xAI has now departed after two co-founders resigned in rapid succession this week, raising fresh questions about talent retention ahead of an expected initial public offering.