Carrefour CEO eyes higher profits under core markets refocus

Carrefour CEO eyes higher profits under core markets refocus

Published Wed, Feb 18, 2026 · 03:22 PM [PARIS] Carrefour aims for one billion euros (S$1.5 billion) in annual cost cuts as part of CEO Alexandre Bompard’s new plan to boost profits and refocus on its core markets of France, Spain and Brazil, Europe’s largest food retailer said on Wednesday (Feb 18). While the group…

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JPMorgan aims to open over 160 branches in 2026: report

JPMorgan aims to open over 160 branches in 2026: report

The lender says that the push is part of a commitment in 2024 to open more than 500 branches within three years Published Wed, Feb 18, 2026 · 03:02 PM [BENGALURU] JPMorgan Chase is planning to open over 160 branches in more than 30 states across the United States in 2026 as part of a…

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Nvidia sells off stake in Arm, a company it once tried to buy

Nvidia sells off stake in Arm, a company it once tried to buy

The world’s most valuable company has become a major investor across the technology industry Published Wed, Feb 18, 2026 · 12:59 PM [SAN FRANCISCO] Nvidia sold off the last of its stake in Arm Holdings, a chip technology company that it tried and failed to acquire five years ago. Nvidia unloaded 1.1 million shares, worth…

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New Zealand holds key rate, sees policy staying accommodative

New Zealand holds key rate, sees policy staying accommodative

The RBNZ’s new forecasts indicate some chance of a quarter-point hike later this year Published Wed, Feb 18, 2026 · 11:22 AM [WELLINGTON] New Zealand’s central bank held interest rates at the lowest level in 3½ years and expects them to remain there for a period while the economy regathers momentum. The Reserve Bank of…

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