HAVANA (Reuters) - Cuba's top cigar maker Habanos said on Monday that sales of the company's luxurious smokes had soared to a record $827 million in 2024 as revenue poured in from fast-growing markets in China and elsewhere in Asia. Habanos Vice President Jorge Perez said revenue jumped 16% over the previous year as the company reaped high-end demand from...

02:11 PM EST, 02/24/2025 (MT Newswires) -- Brookfield Asset Management ( BAM ) is seeking to raise at least $7 billion for its fourth infrastructure debt fund, Bloomberg reported Monday, citing sources familiar with the matter. The new fund will invest in both junior and senior infrastructure debt, according to the report. The third fund, which closed in November 2023,...

02:10 PM EST, 02/24/2025 (MT Newswires) -- (Update with Nvidia ( NVDA ) declined to comment in second paragraph.) Nvidia ( NVDA ) sued European Union antitrust regulators for scrutinizing its acquisition of AI startup Run:ai, claiming they had flouted an earlier court ruling restricting their merger powers on minor deals, Reuters reported Monday. Nvidia ( NVDA ) declined to...

02:00 PM EST, 02/24/2025 (MT Newswires) -- Empire will report its fiscal third-quarter results on March 13. National Bank expects third-quarter EPS to be higher by 3%, reflecting positive Food Retailing (FR) sssg, a higher gross margin rate, and share repurchases. Empire noted continued favourable/predictable shopping behavior with an increasing customer base, and a moderating overall decline in basket size,...