Category: 3. Business

  • /C O R R E C T I O N — Booking Holdings/

    /C O R R E C T I O N — Booking Holdings/

    In the news release, Booking Holdings Inc. to Present at the Morgan Stanley Technology, Media & Telecom Conference, issued 27-Feb-2026 by Booking Holdings over PR Newswire, we are advised by the company that changes have been made. The complete, corrected release follows, with additional details at the end:

    Booking Holdings Inc. to Present at the Morgan Stanley Technology, Media & Telecom Conference

    NORWALK, Conn., Feb. 27, 2026 /PRNewswire/ — Booking Holdings (NASDAQ: BKNG) today announced that Chief Financial Officer Ewout Steenbergen will participate in a fireside chat at the Morgan Stanley Technology, Media & Telecom Conference, held in San Francisco, on March 3, beginning at 4:05 pm PT / 7:05pm ET. A live audio cast of the presentation will be available to the public at https://ir.bookingholdings.com/events, and a replay will be available approximately 24 hours later.

    Source: Booking Holdings
    #BKNG_Corporate

    About Booking Holdings
    Booking Holdings (NASDAQ: BKNG) is the world’s leading provider of online travel and related services, provided to consumers and local partners in more than 220 countries and territories through five primary consumer-facing brands: Booking.com, Priceline, Agoda, KAYAK and OpenTable. The mission of Booking Holdings is to make it easier for everyone to experience the world. For more information, visit BookingHoldings.com and follow us on X @BookingHoldings.

    Correction: The time of the fireside chat has been updated to 4:05 pm PT / 7:05pm ET.

    SOURCE Booking Holdings

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  • QED-C Announces Results of NIST-Funded Quantum Control Electronics Program

    QED-C Announces Results of NIST-Funded Quantum Control Electronics Program

    Insider Brief

    • Quantum Economic Development Consortium announced the completion of a National Institute of Standards and Technology-funded research program to improve the size, performance, and manufacturability of quantum control and readout electronics.
    • $1.4 million in matching funds awarded in 2022 supported work by Amphenol RF, Maybell Quantum Industries, Rigetti Computing, and XMA to address supply chain and scalability challenges.
    • The projects delivered advances including reduced size and thermal load in cabling, improved room-temperature electronics, and new chip-level temperature measurement methods across multiple qubit platforms.

    PRESS RELEASE — The Quantum Economic Development Consortium (QED-C) has announced the completion of a research program funded by National Institute of Standards and Technology (NIST) to make control electronics for quantum hardware more compact and manufacturable. The work addresses the needs identified by QED-C members in the enabling technology roadmap, Control and Readout Electronics for Quantum Systems.  

    In 2022, $1.4 million in government matching funds were competitively awarded to QED-C member companies to enhance the control and readout electronics supply chain and its capabilities. 

    The results achieved by QED-C members Amphenol RF, Maybell Quantum Industries, Rigetti Computing, and XMA, in collaboration with NIST, demonstrate improvements in size and performance of control and readout technologies across several qubit modalities. 

    Amphenol RF reduced the size, weight, and loss of room-temperature control readout electronics in quantum systems while improving overall performance. This advance will enhance room-temperature control readout electronics in future quantum systems in a manufacturable package designed for production scalability. 

    Maybell Quantum Industries changed the design of control and readout electronics to tightly integrate passive and active devices with interconnects, shrinking the overall size. This new cable design delivers high performance in a simpler, denser, and more integrated package. 

    Rigetti Computing created a way to measure temperature directly on the chip alongside the qubit circuitry using nanoscale superconducting structures that are relatively straightforward to fabricate and integrate into existing manufacturing flows. This will make it easier to identify and diagnose heating issues that can degrade qubit performance.  

    XMA solved three bottlenecks to scaling quantum hardware: cost, footprint, and thermal impact. A new cabling solution increases channel capacity while reducing the cost and shrinking the size of this crucial infrastructure. 

    Companies had to be members of QED-C to participate in the sponsored R&D program. Participants’ work had to support one of four goals from the roadmap:

    • Reduce the thermal load and physical footprint associated with microwave-control cabling in cryogenic environments
    • Locate digital and mixed signal electronics closer to the quantum processer in cryogenic environments
    • Enable tighter integration of active and passive components with each other and with quantum devices in cryogenic environments
    • Reduce the size, weight and power of room-temperature control and readout electronics 

    QED-C aims to identify gaps in enabling technologies for quantum computing, quantum sensing, and quantum networking. To learn more about the Control and Readout Electronics program, visit here.  

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  • OpenAI and Amazon announce strategic partnership

    OpenAI and Amazon announce strategic partnership

    Forward-Looking Statements
    This communication contains forward-looking statements that are inherently uncertain and difficult to predict, including statements regarding planned investments, anticipated business activities, the effect of conditions, and expected benefits of the strategic partnership between Amazon and OpenAI, such as expected development of the Stateful Runtime Environment and stateful developer environments and other developments, performance, scaling, capabilities, customization, offerings, or impacts that will result from the partnership; the applications, utilization, or effectiveness of artificial intelligence technologies; accessibility of new features, models, and tools; and expected compute capacities, capabilities, performance characteristics, and delivery timing of Trainium chips. We use words such as will, to, believes, expects, intends, anticipates, plans, future, potential, continue, look forward, opportunity, keep, designed and similar expressions, as well as words referring to future outcomes such as train, accelerate, achieve, commit, deliver, power, bring, collaborate, develop, become, build, enable, deploy, provide, invest, use, meet, expand, run, support, lower, improve, offer, next generation, and variations of such words, to identify forward-looking statements. Actual results and outcomes could differ materially for a variety of reasons, including, among others, fluctuations in foreign exchange rates and energy prices, changes in global economic conditions, tariff and trade policies, resource and supply volatility, including for memory chips, and customer demand and spending, inflation, interest rates, regional labor market constraints, world events, the rate of growth of cloud services and new and emerging technologies, the amount that Amazon invests in new business opportunities and the timing of those investments, the mix of products and services sold to customers, competition, management of growth, international growth and expansion, the outcomes of claims, litigation, government investigations, and other proceedings, data center optimization, variability in demand, the degree to which we enter into, maintain, and develop commercial agreements, and proposed and completed acquisitions and strategic transactions. Other risks and uncertainties include, among others, risks related to new products, services, and technologies, security incidents, system interruptions, government regulation and taxation, and fraud. In addition, global economic and geopolitical conditions and additional or unforeseen circumstances, developments, or events may give rise to or amplify many of these risks. More information about factors that potentially could affect Amazon’s future business, product development, and financial results is included in Amazon’s filings with the Securities and Exchange Commission, including its most recent Annual Report on Form 10-K and subsequent filings.

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  • The Tech Download: The ‘existential’ software crisis

    The Tech Download: The ‘existential’ software crisis

    This report is from this week’s The Tech Download newsletter. Like what you see? You can subscribe here.

    Back in 2011, venture capitalist Marc Andreessen published the now well-worn words: “software is eating the world.”

    Now, a debate is raging around how much software AI will eat.

    Many of the world’s most valuable software stocks have seen major selloffs in recent months as investors got jittery and worried about the future of the once-vaunted software-as-a-service (SaaS) business model.

    Investor concerns center around fears that corporates will buy fewer software licenses as tasks carried out by SaaS tools will be undertaken by AI.

    Salesforce has dropped 21% so far this year, ServiceNow 26%, Adobe 22% and Intuit 37%.

    A Salesforce sign is displayed at their office on Feb. 25, 2026 in San Francisco, California.

    Benjamin Fanjoy | Getty Images

    SaaS-pocalypse

    “The one certainty is that the software model in its current form is impaired and most companies following it will need to adapt more profoundly than they have for many years in order to survive,” Paul Markham, investment director at GAM Investments, told me.

    The AI evangelists see this as just the beginning of the technology’s market disruption.

    More than 50% of current software in an enterprise could be replaced by AI, Arthur Mensch, CEO of French AI lab Mistral, told CNBC.

    Short-term software stocks could continue to fall, Michael Field, chief equity strategist at Morningstar, told me, as AI disruption worries persist.

    He added that while investor fears were “overblown” and share prices could pare losses in the coming six months, it was unlikely they’d fully recover in that time.

    Will AI eat the world?

    The most exposed to the AI risk are “horizontal point-solution SaaS vendors”, said Forrester’s principal analyst Kate Leggett.

    But those that offer differentiated solutions that address complex industries in areas like healthcare or manufacturing, or that control unique, proprietary data will survive, she added.

    The idea that complex software developed over decades could be replicated in-house using AI tools isn’t “viable,” Field said.

    Consumer AI platform developers like Google parent Alphabet, OpenAI and Anthropic have limited experience creating “enterprise class” software, HSBC analysts said in a note on Tuesday.

    The bank has a buy rating on a slew of software stocks, many of which have dipped in recent months, including ServiceNow, Salesforce and Crowdstrike.

    Software has big-name defenders. On Wednesday, chip giant Nvidia CEO Jensen Huang told CNBC the markets “got it wrong” on the threat AI poses to software companies.

    But the software selloff is different to earlier tech shocks because it’s not driven by “over-exuberance or excessive valuation,” said Markham.

    Instead there are “existential question marks” around a business model that had previously been given a valuation premium by investors.

    “Combined with the astonishing levels of capex being lavished on AI by the hyperscalers and others, it is hard to argue that this does not spell trouble and markets have voted with their feet,” he added.

    Latest updates

    The head of Amazon’s artificial general intelligence lab is leaving the company less than two years after joining.

    Fintech startup Stripe hit a $159 billion valuation after a secondary stock sale for employees and shareholders, the company announced Tuesday.

    AI robots will outnumber the working population within a few decades as more firms adopt AI agents and continue to squeeze costs, a former Citi executive warned on Monday.

    Anthropic CEO Dario Amodei said Pentagon’s threats to remove the company’s tools from the Department of War’s systems “do not change our position” on AI on Thursday.

    Stock of the week

    Stock Chart IconStock chart icon

    Nvidia stock over the past 24 hours.

    Nvidia’s stock fell after reporting fourth-quarter revenue and guidance that beat analyst predictions on Wednesday — with the former climbing 73% since this time last year.

    So what gives? Concerns over the AI infrastructure buildout continue to hang over the tech sector, keeping a lid on investor exuberance.

    I’ll be keeping my eyes on the chip giant’s conference in March, where Nvidia is expected to lay out more detail on product roadmaps and outlook.

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  • Excellent 2025 results, double-digit recurring EBIT growth with industry-leading margin of 18.3%

    Strong profitable growth, with acceleration in Q4

    In the fourth quarter, recurring EBIT rose at an accelerated pace of 12.2% in LC1 compared to the prior-year period to reach CHF 601 million. Fourth-quarter net sales of CHF 3 818 million rose 3.4% in LC1 versus the fourth quarter of 2024.

    Full-year net sales of CHF 15 724 million for 2025 were up 3.0% in LC1 compared to the prior year. Recurring EBIT reached CHF 2 876 million for 2025, up 10.3% in LC1 compared to the prior year, exceeding the top end of Holcim’s guidance. Holcim’s performance more than offset strong foreign exchange effects, with full-year recurring EBIT up 1.4% in Swiss franc versus the prior-year period.

    Full-year earnings per share (EPS)2 of CHF 0.70 is impacted by the non-cash realization of currency translation differences following the divestment of Holcim’s business in Nigeria. The EPS before impairment and divestments2 rose 5% to 3.22.

    Free cash flow for the full year rose 1.6% to reach CHF 2 154 million, with a cash conversion ratio of 54%. In light of the company’s excellent 2025 financial performance and its confidence in the future, the Board of Directors proposes a dividend of CHF 1.70 per registered share, not subject to Swiss withholding tax and rebased following the spin-off of the North American business.

    1Growth in local currency (LC) excluding large M&A. 
    2From continuing operations.

    Focused investment in attractive markets

    Holcim completed 21 transactions in 2025 to sharpen its geographical footprint and focus on the most attractive markets and business segments.

    A total of 18 value-accretive acquisitions were completed. Building Materials was strengthened with nine acquisitions; Building Solutions expanded with nine acquisitions.

    Holcim further optimized its portfolio by closing three divestments: its businesses in Jordan and Nigeria, as well as Karbala Cement Manufacturing Ltd in Iraq.

    In October 2025, Holcim signed an agreement to acquire Xella, a European leader in sustainable and innovative walling systems with projected 2026 net sales of EUR 1 billion. The transaction is subject to customary conditions and regulatory approvals, and expected to close in H2 2026.

    In December 2025, Holcim signed an agreement to acquire a majority stake in Cementos Pacasmayo, a leading Peruvian producer of building materials with reported 2025 net sales of USD 0.6 billion. It is expected to close in H1 2026, subject to customary conditions and regulatory approvals.

    As part of its growth-focused capital allocation, Holcim is making organic investments with attractive returns and paybacks. Examples already commissioned include the installation of a vertical roller mill in Mexico, a new calcined clay production line in Ecuador, expansion of alternative fuels usage in Croatia, and a new precast factory in Australia.

    The company signed an agreement this month with Air Liquide to deepen collaboration on carbon capture technology at the GO4ZERO project at Holcim’s Obourg plant in Belgium. The first phase of the plant’s upgrade is in full execution and scheduled for completion in the first half of 2027. This will make Obourg the industry’s most efficient state-of-the-art plant, ahead of it supplying near-zero cement at scale.

    Sustainability driving profitable growth

    Customer demand for Holcim’s sustainable offering continued to increase. In 2025, net sales of Holcim’s low-carbon ECOPact concrete increased to 31% of ready-mix net sales compared to 26% in the prior year1, while net sales of ECOPlanet increased to 36% of cement net sales versus 34% in 20241.

    Advancing circular construction, Holcim made three value-accretive acquisitions and invested in organic growth to add a combined 12 new circular construction hubs. The company increased the recycling of construction demolition materials by 23.5% to 8.0 million tons compared to the prior year1.

    12024 figures have been restated for material changes in scope.

    Executive Committee Changes

    To further unlock value creation as our NextGen Growth 2030 strategy gains strong momentum, Holcim today makes the following appointments to its Executive Committee, effective 1 March 2026.

    Simon Kronenberg, currently Region Head Central and East Europe, is appointed Region Head of Latin America. Joining Holcim in 2007, Simon previously served as CEO of Switzerland, Italy, South Germany, and Haut-Rhin. He succeeds Oliver Osswald, who decided to pursue new opportunities outside of Holcim. We sincerely thank Oliver for his 30 years of service to the company.

    Xavier Guesnu, currently Country CEO France, is appointed Region Head Central and East Europe. Joining Holcim in 2010, Xavier previously served as CEO of Poland.

    As Holcim expands its high-value sustainable offering, Dragan Maksimovic, currently Region Head West Europe, is appointed Group Head of Building Systems. Dragan joined Holcim in 2021 as CEO of Holcim UK, a position he held until April 2024.

    Grant Earnshaw, currently Area Manager Middle East and Africa, is appointed Region Head West Europe. Having joined Holcim in 1999, Grant has held General Management and CEO roles across Europe, the Middle East and Africa.

    Guidance 2026

    Holcim’s NextGen Growth 2030 strategy is expected to continue to drive superior performance and value creation. Building on its strong 2025 results, Holcim expects for FY2026:

    • Growth in line with NextGen Growth 2030 targets: 
      • 3% to 5% net sales organic growth 
      • 8% to 10% recurring EBIT organic growth 
    • Further increase of recurring EBIT margin 
    • Free cash flow of around CHF 2 billion 
    • >20% growth in recycled construction demolition materials

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  • Refrigeration, slurry ice and why fish quality comes first

    Refrigeration, slurry ice and why fish quality comes first

    Ask fishermen what determines fish quality, and most won’t hesitate. It comes down to two things: time and temperature. MJ Jackson, a commercial fisherman in Bristol Bay and for Northline Seafoods, has been saying that for decades, and he doesn’t see any reason to complicate it now.

    “Time and temperature is quality,” Jackson said in an interview with National Fisherman. “That’s what equals quality.”

    That equation sits at the heart of our conversation about refrigeration, slurry ice, and cold-chain efficiency in fisheries across the board, but Bristol Bay was the highlight. While these systems are increasingly discussed through a low-carbon lens, Jackson made it clear: fishermen don’t adopt new refrigeration technology to reduce emissions. They do it to protect their fish.

    Looking back, Jackson sees one major fork in the road that shaped today’s cold-chain reality.

    “Close to 40 years ago, the industry made a deal with the devil,” he said. “They decided to go with small-boat RSW (refrigerated sea water) instead of building an ice infrastructure for slurry ice.”

    At the time, RSW systems offered a practical solution. But Jackson argues the tradeoff came at a cost.

    “Once you dump 6,000 pounds of fish into an RSW system, the temperature goes from 33 degrees up to 42 degrees,” he said. “It slowly works its way back down, but the damage is already done. Bacteria starts working against you.”

    Slurry ice, in contrast, chills fish rapidly and evenly. “Slurry ice is far superior,” Jackson said. “We can get fish down to 31.2 degrees. You can’t do that with RSW- it’ll freeze up.”

    At Northline Seafoods, slurry ice is used on barges to stabilize fish quality quickly and consistently. By slowing bacterial activity, it preserves firmness and shelf life- outcomes that fishermen and processors alike care deeply about.

    Why slurry hasn’t taken over

    If slurry ice performs better, why hasn’t it become the standard across fleets?

    “The answer is money,” Jackson said.

    Slurry systems remain expensive, and the infrastructure to support them hasn’t scaled. “There’s no economy of scale yet,” he said. “You might see 20 slurry systems a year compared to thousands of RSW installs.”

    Without widespread adoption, prices stay high. Without affordable financing, most fishermen can’t justify the risk- even if they know the quality benefits.

    “There will always be outliers,” Jackson said. “Guys who want that quality and will make it happen. But that’s not going to become the industry standard anytime soon.”

    What often gets overlooked in refrigeration conversations is that quality-driven upgrades frequently improve energy efficiency as a byproduct.

    By freezing and holding fish onboard, Northline avoids running energy-intensive processing equipment in Alaska, where power generation relies heavily on diesel. Processing instead happens farther south, where grid power- sometimes renewable- is available.

    “We’re saving money, number one,” Jackson said. “And we’re reducing our footprint.”

    That logic resonates with fishermen because it mirrors how they already think: fewer moving parts, less wasted fuel, better product.

    The same applies at the vessel level. Efficient refrigeration systems reduce generator run time, stabilize temperatures faster, and limit the need for re-icing or additional handling, all of which save fuel without changing how fishermen fish.

    Jackson doesn’t believe fishermen lack interest or understanding when it comes to better refrigeration. What they lack is affordable capital.

    “Fishermen don’t have $200,000 to repower a system,” he said. “Not on a seven-year note at prime plus two.”

    Longer-term, low-interest financing, the kind that matches the lifespan of major equipment, is what allows quality-driven innovation to spread. Without it, fleets default to what they know works, even if it’s not optimal.

    Until that gap is addressed, Jackson expects refrigeration advances like slurry ice to remain incremental rather than transformative.

    For Jackson, refrigeration upgrades aren’t about chasing trends; they’re about respecting the fish and the work it takes to harvest them. “When people start thinking about it- really thinking about quality- that’s when things change,” he said.

    Carbon benefits and energy savings may follow, but neither replaces fishermen’s need to get the fish cold quickly and keep it cold until they hit the dock. 

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  • French inflation rebounds in February but remains contained | snaps

    French inflation rebounds in February but remains contained | snaps

    As expected, French inflation increased in February, reaching 1.0% (1.1% for the harmonised index), up from 0.3% in January (0.4% harmonised). Although the figures are slightly higher than the consensus forecast, this rise was expected on our side: it is mainly explained by less favourable base effects. In February 2025, regulated gas tariffs had been cut by 15% following a government decision. That decrease has now dropped out of the price index calculation, as regulated gas tariffs have since remained stable. This mechanically contributes to the rise in the inflation rate. In addition, energy prices on global markets have edged up slightly. Overall, energy inflation is now down only 3% year-on-year, compared with a 7.6% fall in January.

    Beyond these energy-related base effects, inflationary pressures remain moderate. Services inflation is still contained at 1.8% year-on-year, following 1.7% in January, whereas Insee was still expecting a rate close to 2% for February in its December forecast. This moderation in services prices helps to limit the overall increase in inflation. Prices of manufactured goods are falling year-on-year (-0.3%), but the decline is less pronounced than in January (-1.2%), notably due to a different timing of the sales period.

    In the coming months, a further small rise in headline inflation is likely, as energy base effects gradually become less favourable. Energy inflation should therefore move back into positive territory. This does not, however, signal a marked resurgence in inflationary pressures. On the contrary, inflation in France should remain subdued in the months ahead and fluctuate within a range of 1% to 1.5%. France should therefore continue to be among the countries with the lowest inflation rates in the euro area.

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  • Movistar Centre Barcelona to showcase the latest mobile innovations during MWC

    Movistar Centre Barcelona to showcase the latest mobile innovations during MWC

    Movistar Centre at Plaça Catalunya will reorganize its space on March 2, coinciding with the start of Mobile World Congress (MWC), to offer visitors a new area dedicated to showcasing the latest technological innovations. The aim is for anyone to come to the heart of Barcelona and discover, in one single location, some of the key new releases from the technology brands participating in the world’s leading mobile industry event.

    The ground floor (Floor 0) will be transformed into a large showroom, organized by areas and manufacturers, where visitors will be able to see and try devices related to mobility, entertainment, connected home and wellbeing technology.

    More space to discover manufacturers’ latest innovations

    The new layout of Movistar Centre enhances Floor 0 as an exhibition and experience area, featuring dedicated islands for leading mobile and electronics manufacturers. Brands such as Samsung, Xiaomi and OPPO will present their latest launches in this space, coinciding with their unveiling at Mobile World Congress, allowing visitors to discover and test the new devices first-hand.

    Meta will feature a dedicated area showcasing its AI-powered smart glasses developed with Ray-Ban and Oakley, as well as Meta Quest devices, bringing visitors some of the most advanced mixed reality experiences on the market.

    Apple and Google Pixel will also display their latest devices and accessories in temporary exhibition spaces that will evolve into permanent branded areas in the coming months.

    In addition, Movistar Centre will introduce new themed areas that are part of Movistar’s current portfolio: a “Beauty Tech” zone featuring personal care and beauty devices from brands such as Dyson, Foreo and GHD; a “Gaming” area where visitors can try consoles and gaming experiences from leading manufacturers, alongside Movistar-related services; and an “Entertainment” zone combining Movistar Plus+ content with next-generation televisions and audiovisual solutions.

    The space will also include a “Connectivity and Home Ecosystem” area, featuring next-generation routers, smart home devices, robot vacuum cleaners, air fryers and other small appliances, as well as a dedicated Movistar Prosegur Alarmas point with an interactive display allowing visitors to easily and visually explore home and business security solutions.

    This reorganization enables customers to explore, in just a few minutes, a comprehensive overview of the categories and brands included in Movistar’s current portfolio, without having to visit multiple stores across the city.

    An agora for demonstrations, workshops and meetups

    The street-level floor will also incorporate an agora equipped with a large videowall designed to host talks, product demonstrations and workshops led by manufacturers and Movistar.

    This space will enable the organization of product launch presentations, hands-on sessions and meetups with spokespeople and influencers from the tech sector, reinforcing Movistar Centre’s role as a connection point between brands and users during Mobile World Congress and throughout the year.

    A permanent window into the Mobile World Congress ecosystem

    With this new phase, Movistar Centre aims to consolidate its position as a permanent window into the technological ecosystem that gathers in Barcelona each year during MWC. During the days of the Congress and throughout the year, the space will offer citizens, customers and visitors the opportunity to discover first-hand, in the city center, the most relevant solutions and devices from leading manufacturers in the sector.

    This initiative is part of Telefónica’s global proposal for Mobile World Congress and strengthens the company’s ties with Barcelona as an international capital of innovation and connectivity.

    Chema Casas, Director General of Telefónica in Catalonia, stated: “This year we are once again opening the Movistar Centre at Plaça Catalunya to bring Mobile World Congress closer to the public. The expansion of the exhibition space reflects Movistar’s evolution toward a broader ecosystem of products and services, and makes it possible to bring together, in a single location, the latest innovations from major manufacturers so that visitors can discover and experience technology first-hand.”

    For more information: Telefónica at MWC 2026

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  • Pearson appoints Simon Robson as Chief Financial Officer in CFO succession

    Pearson appoints Simon Robson as Chief Financial Officer in CFO succession

    LONDON, Feb. 27, 2026 /PRNewswire/ — Pearson (FTSE: PSON.L) today announced the appointment of Simon Robson as Group Chief Financial Officer (CFO), succeeding Sally Johnson, who has informed the Board she will leave the company to take up the role of CFO at a large privately owned business. Pearson enters 2026 with momentum and confidence in delivering mid-single digit underlying sales growth in 2026, along with the medium term outlook outlined in our full year results on 27 February 2026.

    Following a planned succession process, Simon will join Pearson on 30 March 2026. He will assume the role of Group CFO and Executive Director on 8 May 2026, after working through a coordinated transition with Sally.

    Simon brings extensive financial leadership experience from Sky, one of Europe’s largest media, technology and connectivity businesses. He joined Sky in 1997 and has held a number of senior finance and strategy roles, including CFO of Sky Deutschland from 2015 to 2018, Deputy Group CFO, and Group CFO since June 2020. Simon holds a degree in Accounting and Finance from the University of Sheffield and is a chartered certified accountant.

    Sally has spent nearly 26 years at Pearson, including six years as Group CFO. During her tenure, she has played a central role in strengthening Pearson’s financial performance, advancing significant business and finance transformation, and sharpening the Group’s approach to capital allocation.

    Omar Abbosh, Chief Executive Officer of Pearson, said:

    “I would like to congratulate Sally on her new opportunity and thank her for the outstanding contribution to Pearson over many years. We are very grateful for her leadership as CFO, especially the critical role she has played in strengthening the company and positioning it for the future.

    I am delighted to welcome Simon to Pearson. He brings deep financial expertise, strong leadership experience and a proven track record from a large, global business. I am confident that he will be a great addition to the executive team and will support the continued delivery of our strategy.”

    Sally Johnson, Group Chief Financial Officer, said:

    “It has been a privilege to spend nearly 26 years at Pearson and to serve as CFO over the past six years. I am immensely proud of what we have achieved together and grateful to colleagues across the business for their support and partnership.

    I will remain fully focused on delivering our priorities and ensuring a smooth handover to Simon.”

    Simon Robson, incoming Group Chief Financial Officer, said:

    “I am delighted to be joining Pearson at an exciting time for the company. Pearson’s purpose, scale and global reach, alongside its strong strategic momentum, make this a compelling opportunity.

    I look forward to working with Omar, the Board and colleagues across Pearson as we continue to deliver for learners and shareholders, and I am committed to supporting a seamless transition.”

    About Pearson
    At Pearson, our purpose is simple: to help people realize the life they imagine through learning. We believe that every learning opportunity is a chance for a personal breakthrough. That’s why our c. 18,000 Pearson employees are committed to creating vibrant and enriching learning experiences designed for real-life impact. We are the world’s lifelong learning company, serving customers in nearly 200 countries with digital content, assessments, qualifications, and data. For us, learning isn’t just what we do. It’s who we are. Visit us at plc.pearson.com.

    Media Contacts
    [email protected] – UK

    Photo – https://mma.prnewswire.com/media/2921642/Pearson_Simon_Robson_Chief_Financial_Officer.jpg

    Logo – https://mma.prnewswire.com/media/617186/Pearson_Logo.jpg

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  • Oil Steadies as Traders Weigh Fresh US-Iran Nuclear Discussions – Bloomberg.com

    1. Oil Steadies as Traders Weigh Fresh US-Iran Nuclear Discussions  Bloomberg.com
    2. Oil prices edge up after ’significant progress’ in U.S.-Iran nuclear talks  Investing.com
    3. Oil settles down after choppy session as traders follow US, Iran talks  Reuters
    4. WTI Oil outlook: Strong pullback and subsequent swift bounce point to a healthy correction  FXStreet
    5. Oil edges up as US-Iran tensions keep supply risks in focus  Business Recorder

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