Dow Jones Top Company Headlines at 5 AM ET: Hapag-Lloyd Warns of Earnings Slump as Iran War Disrupts Shipping | H&M ...

Dow Jones
Mar 26

Hapag-Lloyd Warns of Earnings Slump as Iran War Disrupts Shipping

The world's fifth-largest container line by capacity expects a major hit to earnings as disrupted trade flows and costs add to declining freight rates and slowing market growth.

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H&M Earnings Rise as Cost Control Offsets Subdued Sales

The fast-fashion retailer said sales picked up in February due to well-received spring collections, with the trend continuing into March.

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China's MiniMax Wants AI to Be Your New Work 'Bestie'

As AI models become more capable of completing complex tasks, MiniMax is betting on AI becoming an integral part of workers' daily lives.

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Monte dei Paschi Board Revokes CEO's Powers Amid Governance Clash

The board suspended Chief Executive Luigi Lovaglio from his duties after a minority shareholder proposed him for another mandate defying the board's plan to appoint a new head.

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Arms Maker CSG Posts Jump in Revenue, Earnings as Europe Seeks to Rearm

The Prague-based company said revenue surged 72% last year, as Europe continues to provide military aid to Ukraine while replenishing its own stockpiles.

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Olaplex to Be Acquired by Henkel for $1.4 Billion

The transaction represents a premium of around 55% over Olaplex's closing price on Wednesday, the U.S. company said.

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Nvidia-Backed Startup Seeking to Counter Chinese AI Eyes $25 Billion Valuation

Reflection is one of several startups working alongside Nvidia to build powerful, freely available "open-source" AI models.

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Do Back-to-Back Courtroom Losses Herald Meta's 'Big Tobacco' Moment?

Social-media giants are confronting a potential flood of litigation challenging the design of their products.

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OpenAI Backs New AI Startup Seeking Bot Army Breakthroughs

Isara, founded by a pair of 23-year-old researchers, aims to build software that can coordinate the work of thousands of 'agents.'

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Rio Tinto's Last Diamond Mine Closes

The giant miner is sharpening its focus on its iron ore, copper, and aluminum and lithium businesses.

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Losses Pile Up for Beef Slaughterhouse Owners

JBS, the world's largest meatpacker, reported a $617 million adjusted operating loss for its beef business over the past year, widening the $37 million loss reported a year ago.

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GM, Jeep Parent Stellantis Say No Disruptions After Ohio Glass Factory Fire

The Dayton-area plant supplies parts to several automakers.

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McDonald's could make $100 million in just the first few days of selling 'KPop Demon Hunters' meals

Restaurant analyst says the tie-in with the Netflix film will be a huge hit for the Golden Arches

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Activist Pushes Meineke Owner Driven Brands to Explore a Sale

Private-equity firm Roark Capital is mismanaging Driven, ADW Capital said in a letter.

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JetBlue Stock Soars. The Airline Is Exploring a Sale, Report Says.

The airline has evaluated how regulators would react to potential mergers with United, Alaska, and Southwest, a report says.

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Chemicals Giant BASF Hikes Prices Again as Mideast War Drives Up Costs

Following last week's hikes, the German group is raising prices for more of its products due to soaring raw-materials costs stemming from the U.S. and Israel's war with Iran.

 

(END) Dow Jones Newswires

March 26, 2026 05:00 ET (09:00 GMT)

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