Month: February 2026
China’s Alibaba launches AI model to power robots as tech giants talk up ‘physical AI’
A man walks past the Alibaba logo displayed at its booth during the China International Supply Chain Expo in Beijing, China July 16, 2025. Florence Lo | Reuters Alibaba on Tuesday launched an artificial intelligence model designed to power robotics, as more tech giants push into the fast-growing field. The model, called RynnBrain, is designed […]
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Philips shares pop 9% amid ‘clear step up in sales’; European stocks mixed
City of London skyline with 20 Fenchurch Street, affectionately nicknamed the Walkie Talkie as light fades at dusk on 27th November 2025 in London, United Kingdom. Mike Kemp | In Pictures | Getty Images European stocks opened in mixed territory on Tuesday amid a flurry of corporate earnings releases. By 8:30 a.m. in London (3:30 […]
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Treasury yields lower as markets brace for retail sales data
Traders work on the floor of the New York Stock Exchange (NYSE) on February 09, 2026 in New York City. Spencer Platt | Getty Images The 10-year Treasury yield inched lower on Tuesday as investors awaited retail sales data for December amid a flurry of economic data this week. The benchmark yield was over 1 basis point […]
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Gucci-owner Kering jumps 13% as new CEO maps revival, sales beats estimates
Customers shop at a GUCCI luxury store in Shanghai, China. Cfoto | Future Publishing | Getty Images Kering said it expects a return to growth this year even as it posted another quarter of sales declines on Tuesday, with its biggest sales driver, Gucci, continuing to lag in new CEO Luca de Meo’s first quarter […]
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CNBC Daily Open: U.S. markets rise on tech rebound, while ‘Takaichi trade’ lifts Japanese stocks
Traders work on the floor of the American Stock Exchange (AMEX) at the New York Stock Exchange (NYSE) in New York, US, on Monday, Feb. 9, 2026. Michael Nagle | Bloomberg | Getty Images U.S. markets closed higher overnight. Big Tech stocks mostly rebounded, with Oracle jumping 9.6% and Microsoft advancing 3.1%. That helped the […]
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Oil major BP suspends buybacks in fresh sign of oil price pressure
Trowbridge in Somerset, England, on March 15, 2025. Anna Barclay | Getty Images News | Getty Images British oil giant BP on Tuesday posted fourth-quarter profit in line with expectations and suspended share buybacks, seeking to shore up its balance sheet as lower crude prices take their toll. The London-listed energy firm reported underlying replacement […]
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‘Despicable and reprehensible’: China lashes out at UK expansion of visa scheme following Jimmy Lai conviction
Chinese Premier Li Qiang (L) and Britain’s Prime Minister Keir Starmer inspect a Chinese honour guard during a welcome ceremony at the Great Hall of the People in Beijing on January 29, 2026. Carl Court | Afp | Getty Images China’s embassy in London Tuesday criticized the U.K.’s decision to expand a visa program for […]
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How leading through discomfort prepared Philips CEO Roy Jakobs for his toughest calls
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Roy Jakobs reflects on the early experiences that shaped his leadership—from post‑war lessons in forgiveness to the resilience built through childhood asthma. In “Executive Decisions with Steve Sedgwick,” the Philips CEO explains why compassion must sit alongside hard, practical choices—and how those […]
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SoftBank shares surge 10% after telecom unit lifts outlook, Arm strength bolsters AI narrative
Shares of SoftBank Group Corp jumped over 10% after its telecom arm, SoftBank Corp, raised its full-year profit outlook, while renewed optimism around Arm Holdings added to bullish sentiment toward the group’s artificial intelligence exposure. Revenue for the first nine months of fiscal 2025 at SoftBank Corp rose 8% from a year earlier to 5.2 […]
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Taiwan rebuffs U.S. push to absorb 40% of its chip supply chain
Images of mobile devices at the Taiwan Semiconductor Manufacturing Co. (TSMC) Museum of Innovation in Hsinchu, on Tuesday, Jan. 11, 2022. I-Hwa Cheng | Bloomberg | Getty Images Taiwan has told Washington that its proposal to move 40% of the island’s semiconductor supply chain to the U.S. was “impossible” to execute, the country’s top tariff […]
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