(Reuters) - Microsoft ( MSFT ) has moved away from some of its agreements with cloud computing provider CoreWeave over delivery issues and missed deadlines, the Financial Times reported on Thursday citing unnamed sources. Microsoft ( MSFT ) has a number of ongoing contracts with CoreWeave that provide it with computing capacity from data centres, a partnership which is worth...

LONDON (Reuters) - Reckitt, the maker of Dettol cleaning products and Strepsils throat lozenges, missed expectations for fourth-quarter like-for-like net sales, posting on Thursday a 4.6% rise. The company, for which analysts had forecast growth of 5.3% for the quarter, said it expects full-year like-for-like net sales growth of 2-4%. Reckitt, whose other products include Nurofen tablets, cold remedy Lemsip...

CAPE TOWN, March 6 (Reuters) - Canada's Africa Oil Corporation ( AOIFF ) will double its Nigerian output and the size of its reserves there once it completes its deal for full ownership of Prime Oil next Tuesday, a senior company executive said. Africa Oil ( AOIFF ) will increase to full ownership its shareholding in Dutch entity Prime Oil...

LISBON (Reuters) - Portugal's fourth-largest lender Novo Banco, which is preparing for an initial public offering (IPO), said on Thursday its consolidated net profit hit a record 744.6 million euros ($804 million) in 2024, up 0.2%. The rise was due to an increase in interest margins and commissions offsetting higher provisions, it said. Net interest income (NII) - a measure...