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(Reuters) – ChatGPT maker OpenAI is expected to air its first TV commercial during Sunday’s Super Bowl, the Wall Street Journal reported on Wednesday, citing people familiar with the matter. The Super Bowl is among the world’s most coveted televised events for advertisers given its huge guaranteed audience, with a premium placed on creativity as …

OpenAI set to make first ad foray with Super Bowl spot, Wall Street Journal reports Read More »

By America Hernandez and Curtis Williams (Reuters) – TotalEnergies rejected opportunities to become a long-term customer of Venture Global LNG’s U.S. terminals because it did not trust the company, CEO Patrick Pouyanné told Reuters on Wednesday. Venture Global has become the most valuable U.S. LNG company after a blockbuster initial public offering last month, but …

Total CEO says company rejected Venture Global as LNG supplier over lack of trust Read More »

By Sneha Kumar (Reuters) – Corporate Australia kicks off its half-year earnings in full swing next week, and while modest growth is expected, traders will scrutinise whether profits justify stretched valuations, particularly in the face of challenges including U.S. tariffs. The ASX200 benchmark was last trading at more than 18 times future earnings, a roughly …

Australian companies’ high valuations face a crucial earnings test Read More »

NEW YORK (Reuters) – Citigroup promoted more than 8,500 workers as of January 1 as part of its year-end process, the bank said in a statement on its website on Wednesday. “This is in addition to the nearly 23,000 Citi colleagues who were promoted throughout 2024 as they took on new roles to grow their …

Citigroup promoted more than 8,500 employees at the start of 2025 Read More »

(Reuters) – Drug distributor McKesson missed estimates for third-quarter revenue on Wednesday, hurt by less-than-expected sales in its U.S. pharmaceutical segment, which includes branded and specialty drugs. Shares of the Texas-headquartered company fell 3% in extended trading. Drug distributors in the United States are expanding their presence in the market for specialty medicines, which treat …

McKesson misses third-quarter revenue estimates Read More »

(Reuters) – Property and casualty insurer Allstate’s fourth-quarter profit beat Wall Street expectations on Wednesday, helped by strong gains in its underwriting business and higher returns on its investments. Insurance spending has shown resilience as businesses and individuals continue to prioritize coverage to mitigate risks ranging from natural disasters to health emergencies. Allstate’s consolidated premiums …

Insurer Allstate’s quarterly profit beats on underwriting strength, investment gains Read More »