Fincantieri-WASS Secures EUR200M Saudi MU90 Torpedo Contract
Fincantieri's subsidiary WASS has awarded a EUR200 million contract by Saudi Arabian forces for the delivery of MU90 torpedo systems, effective February 10, 2026. The agreement follows competitive bidding and is expected to drive revenue and maintain operational momentum in the defense segment. Terms include a fixed-price arrangement and delivery within 18 months, with the first batch scheduled for deployment in the second half of 2026.ExpandFincantieri's subsidiary WASS has awarded a EUR200 million contract by Saudi Arabian forces for the delivery of MU90 torpedo systems, effective February 10, 2026. The agreement follows competitive bidding and is expected to drive revenue and maintain operational momentum in the defense segment. Terms include a fixed-price arrangement and delivery within 18 months, with the first batch scheduled for deployment in the second half of 2026.
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Fincantieri's subsidiary WASS has awarded a EUR200 million contract by Saudi Arabian forces for the delivery of MU90 torpedo systems, effective February 10, 2026. The agreement follows competitive bidding and is expected to drive revenue and maintain operational momentum in the defense segment. Terms include a fixed-price arrangement and delivery within 18 months, with the first batch scheduled for deployment in the second half of 2026.
French Wine & Spirits Exports Decline for Third Year; Trade Tensions Key Driver
French wine and spirits exports declined for the third consecutive year in 2025, falling 8% in value to €14.3B and 3% in volume to 168 million cases, according to the Federation of French Wine and Spirits (FEVS). U.S. and Chinese trade barriers were the primary drivers, with higher U.S. tariffs and potential increases in China’s duties sharply curbing demand.
Since 2022, exports have fallen 17% in value and the sector dropped from second to third in the rankings behind aerospace and cosmetics. Sales to the U.S. declined 21% to €3B and volumes dipped below 30 million cases; sales to China fell 20% to €767M after anti-dumping duties hit shipments of cognac, armagnac and other spirits. Cognac volumes plunged 15% and value by 24%, the FEVS said.
Looking ahead, FEVS Chairman Gabriel Picard noted potential gains from new EU trade deals with India and Mercosur, but access remains tight without improvements in market conditions. Within Europe, exports held steady at €4.1B, with resilience in the UK, South Africa up 22% to €182M, and strong momentum in Vietnam, the Philippines, and Australia.ExpandFrench wine and spirits exports declined for the third consecutive year in 2025, falling 8% in value to €14.3B and 3% in volume to 168 million cases, according to the Federation of French Wine and Spirits (FEVS). U.S. and Chinese trade barriers were the primary drivers, with higher U.S. tariffs and potential increases in China’s duties sharply curbing demand.
Since 2022, exports have fallen 17% in value and the sector dropped from second to third in the rankings behind aerospace and cosmetics. Sales to the U.S. declined 21% to €3B and volumes dipped below 30 million cases; sales to China fell 20% to €767M after anti-dumping duties hit shipments of cognac, armagnac and other spirits. Cognac volumes plunged 15% and value by 24%, the FEVS said.
Looking ahead, FEVS Chairman Gabriel Picard noted potential gains from new EU trade deals with India and Mercosur, but access remains tight without improvements in market conditions. Within Europe, exports held steady at €4.1B, with resilience in the UK, South Africa up 22% to €182M, and strong momentum in Vietnam, the Philippines, and Australia.
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Since 2022, exports have fallen 17% in value and the sector dropped from second to third in the rankings behind aerospace and cosmetics. Sales to the U.S. declined 21% to €3B and volumes dipped below 30 million cases; sales to China fell 20% to €767M after anti-dumping duties hit shipments of cognac, armagnac and other spirits. Cognac volumes plunged 15% and value by 24%, the FEVS said.
Looking ahead, FEVS Chairman Gabriel Picard noted potential gains from new EU trade deals with India and Mercosur, but access remains tight without improvements in market conditions. Within Europe, exports held steady at €4.1B, with resilience in the UK, South Africa up 22% to €182M, and strong momentum in Vietnam, the Philippines, and Australia.
French wine and spirits exports declined for the third consecutive year in 2025, falling 8% in value to €14.3B and 3% in volume to 168 million cases, according to the Federation of French Wine and Spirits (FEVS). U.S. and Chinese trade barriers were the primary drivers, with higher U.S. tariffs and potential increases in China’s duties sharply curbing demand.
Since 2022, exports have fallen 17% in value and the sector dropped from second to third in the rankings behind aerospace and cosmetics. Sales to the U.S. declined 21% to €3B and volumes dipped below 30 million cases; sales to China fell 20% to €767M after anti-dumping duties hit shipments of cognac, armagnac and other spirits. Cognac volumes plunged 15% and value by 24%, the FEVS said.
Looking ahead, FEVS Chairman Gabriel Picard noted potential gains from new EU trade deals with India and Mercosur, but access remains tight without improvements in market conditions. Within Europe, exports held steady at €4.1B, with resilience in the UK, South Africa up 22% to €182M, and strong momentum in Vietnam, the Philippines, and Australia.
Amazon Planning AI Content Marketplace with AMZN-US and AWS to Revolutionize Publisher Data Licensing
Amazon is planning to launch an AI content marketplace, enabling publishers to license their materials through legal, metered, and transparent commercial arrangements, shifting away from controversial web scraping practices.
According to internal AWS slides reviewed by The Information, the platform would align with AWS’ core AI ecosystem, operating alongside Bedrock and QuickSuite. It aims to couple Amazon’s extensive cloud infrastructure with high-quality, legally sourced training data for AI developers.
Publishers are pushing for usage-based pricing models rather than one-time buyouts, and the marketplace would provide a structured licensing hub for books, articles, and video, reducing legal exposure for AI firms like OpenAI and Anthropic.
Microsoft is also developing a Publisher Content Trading Market (PCM) with major media publishers, citing tests that show high-quality paid data significantly enhances AI-generated quality and accuracy.
Amazon has issued no specific release date, but a spokeswoman emphasized ongoing innovation and long-term collaboration with publishers.ExpandAmazon is planning to launch an AI content marketplace, enabling publishers to license their materials through legal, metered, and transparent commercial arrangements, shifting away from controversial web scraping practices.
According to internal AWS slides reviewed by The Information, the platform would align with AWS’ core AI ecosystem, operating alongside Bedrock and QuickSuite. It aims to couple Amazon’s extensive cloud infrastructure with high-quality, legally sourced training data for AI developers.
Publishers are pushing for usage-based pricing models rather than one-time buyouts, and the marketplace would provide a structured licensing hub for books, articles, and video, reducing legal exposure for AI firms like OpenAI and Anthropic.
Microsoft is also developing a Publisher Content Trading Market (PCM) with major media publishers, citing tests that show high-quality paid data significantly enhances AI-generated quality and accuracy.
Amazon has issued no specific release date, but a spokeswoman emphasized ongoing innovation and long-term collaboration with publishers.
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According to internal AWS slides reviewed by The Information, the platform would align with AWS’ core AI ecosystem, operating alongside Bedrock and QuickSuite. It aims to couple Amazon’s extensive cloud infrastructure with high-quality, legally sourced training data for AI developers.
Publishers are pushing for usage-based pricing models rather than one-time buyouts, and the marketplace would provide a structured licensing hub for books, articles, and video, reducing legal exposure for AI firms like OpenAI and Anthropic.
Microsoft is also developing a Publisher Content Trading Market (PCM) with major media publishers, citing tests that show high-quality paid data significantly enhances AI-generated quality and accuracy.
Amazon has issued no specific release date, but a spokeswoman emphasized ongoing innovation and long-term collaboration with publishers.
Amazon is planning to launch an AI content marketplace, enabling publishers to license their materials through legal, metered, and transparent commercial arrangements, shifting away from controversial web scraping practices.
According to internal AWS slides reviewed by The Information, the platform would align with AWS’ core AI ecosystem, operating alongside Bedrock and QuickSuite. It aims to couple Amazon’s extensive cloud infrastructure with high-quality, legally sourced training data for AI developers.
Publishers are pushing for usage-based pricing models rather than one-time buyouts, and the marketplace would provide a structured licensing hub for books, articles, and video, reducing legal exposure for AI firms like OpenAI and Anthropic.
Microsoft is also developing a Publisher Content Trading Market (PCM) with major media publishers, citing tests that show high-quality paid data significantly enhances AI-generated quality and accuracy.
Amazon has issued no specific release date, but a spokeswoman emphasized ongoing innovation and long-term collaboration with publishers.
Koo.com Inc. Ordered to Immediately Patch Security Vulnerabilities After Massive Data Breach; CPNG-US Faces Regulatory Penalties
South Korean authorities ordered Koo.com Inc. (CPNG-US) to immediately patch critical security vulnerabilities following a probe linking the company to the nation’s most severe data breach to date. The government alleges these flaws enabled unauthorized access to user accounts, leading to the exfiltration of personal data.
According to a report, the breach was traced to a former Koo engineer who exploited identity verification system weaknesses and had access to internal security keys. Attackers accessed user accounts without going through normal login procedures, using forged credentials. The incident spanned from April to November 2025, compromising approximately 33.7 million users.
The Science and Information Communication Ministry found Koo failed to detect forged logins and did not rotate critical signing keys in a timely manner, leaving the authentication mechanism vulnerable. It is alleged that Koo did not report the breach within the required 24 hours, violating the Information and Communications Act. The ministry is considering a maximum fine of 30 million won (~$20,600) and is pursuing data preservation orders as part of ongoing investigations by police and the Personal Data Protection Authority. Koo has yet to issue a public response.ExpandSouth Korean authorities ordered Koo.com Inc. (CPNG-US) to immediately patch critical security vulnerabilities following a probe linking the company to the nation’s most severe data breach to date. The government alleges these flaws enabled unauthorized access to user accounts, leading to the exfiltration of personal data.
According to a report, the breach was traced to a former Koo engineer who exploited identity verification system weaknesses and had access to internal security keys. Attackers accessed user accounts without going through normal login procedures, using forged credentials. The incident spanned from April to November 2025, compromising approximately 33.7 million users.
The Science and Information Communication Ministry found Koo failed to detect forged logins and did not rotate critical signing keys in a timely manner, leaving the authentication mechanism vulnerable. It is alleged that Koo did not report the breach within the required 24 hours, violating the Information and Communications Act. The ministry is considering a maximum fine of 30 million won (~$20,600) and is pursuing data preservation orders as part of ongoing investigations by police and the Personal Data Protection Authority. Koo has yet to issue a public response.
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According to a report, the breach was traced to a former Koo engineer who exploited identity verification system weaknesses and had access to internal security keys. Attackers accessed user accounts without going through normal login procedures, using forged credentials. The incident spanned from April to November 2025, compromising approximately 33.7 million users.
The Science and Information Communication Ministry found Koo failed to detect forged logins and did not rotate critical signing keys in a timely manner, leaving the authentication mechanism vulnerable. It is alleged that Koo did not report the breach within the required 24 hours, violating the Information and Communications Act. The ministry is considering a maximum fine of 30 million won (~$20,600) and is pursuing data preservation orders as part of ongoing investigations by police and the Personal Data Protection Authority. Koo has yet to issue a public response.
South Korean authorities ordered Koo.com Inc. (CPNG-US) to immediately patch critical security vulnerabilities following a probe linking the company to the nation’s most severe data breach to date. The government alleges these flaws enabled unauthorized access to user accounts, leading to the exfiltration of personal data.
According to a report, the breach was traced to a former Koo engineer who exploited identity verification system weaknesses and had access to internal security keys. Attackers accessed user accounts without going through normal login procedures, using forged credentials. The incident spanned from April to November 2025, compromising approximately 33.7 million users.
The Science and Information Communication Ministry found Koo failed to detect forged logins and did not rotate critical signing keys in a timely manner, leaving the authentication mechanism vulnerable. It is alleged that Koo did not report the breach within the required 24 hours, violating the Information and Communications Act. The ministry is considering a maximum fine of 30 million won (~$20,600) and is pursuing data preservation orders as part of ongoing investigations by police and the Personal Data Protection Authority. Koo has yet to issue a public response.
Coca-ColaHBC Reports Higher FY25 Profits, Raises Dividend; Organic Growth Outlook Lifts Shares
Coca-ColaHBC (KO) reported first-half 2025 operating income of $2.3B, up 3.2% year-over-year, with full-year 2025 earnings guidance revised up 2% to $5.4B. The company raised its dividend by 5% to $0.50 per share, citing stronger organic growth and pricing power. Management expects organic sales growth of 4.5% in FY26, supported by mid-single-digit price increases and a continued focus on core markets and distribution efficiency.ExpandCoca-ColaHBC (KO) reported first-half 2025 operating income of $2.3B, up 3.2% year-over-year, with full-year 2025 earnings guidance revised up 2% to $5.4B. The company raised its dividend by 5% to $0.50 per share, citing stronger organic growth and pricing power. Management expects organic sales growth of 4.5% in FY26, supported by mid-single-digit price increases and a continued focus on core markets and distribution efficiency.
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Coca-ColaHBC (KO) reported first-half 2025 operating income of $2.3B, up 3.2% year-over-year, with full-year 2025 earnings guidance revised up 2% to $5.4B. The company raised its dividend by 5% to $0.50 per share, citing stronger organic growth and pricing power. Management expects organic sales growth of 4.5% in FY26, supported by mid-single-digit price increases and a continued focus on core markets and distribution efficiency.
KEPCO (KEP) Q4 Net Income Down 18% to ¥14.9B Amid Service Contract Delays
KEPCO (KEP) reported Q4 net income of ¥14.9 billion (about $123 million), down 18% from ¥18.2 billion in the same period of 2025, driven by delays in major service contracts and lower hydroelectric generation in South Korea. The Plant Service & Engineering segment, a key contributor, accounted for ¥11.2 billion of the decline. Earnings per share for the quarter were ¥0.24 per share, versus ¥0.31 in Q4 2025. The company attributed the results to reduced demand in its engineering and maintenance services, with no significant impact from operational or legal issues.ExpandKEPCO (KEP) reported Q4 net income of ¥14.9 billion (about $123 million), down 18% from ¥18.2 billion in the same period of 2025, driven by delays in major service contracts and lower hydroelectric generation in South Korea. The Plant Service & Engineering segment, a key contributor, accounted for ¥11.2 billion of the decline. Earnings per share for the quarter were ¥0.24 per share, versus ¥0.31 in Q4 2025. The company attributed the results to reduced demand in its engineering and maintenance services, with no significant impact from operational or legal issues.
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KEPCO (KEP) reported Q4 net income of ¥14.9 billion (about $123 million), down 18% from ¥18.2 billion in the same period of 2025, driven by delays in major service contracts and lower hydroelectric generation in South Korea. The Plant Service & Engineering segment, a key contributor, accounted for ¥11.2 billion of the decline. Earnings per share for the quarter were ¥0.24 per share, versus ¥0.31 in Q4 2025. The company attributed the results to reduced demand in its engineering and maintenance services, with no significant impact from operational or legal issues.
Nikkei 225 Surpasses 36,000; Asian Stocks Mostly Higher (2/10/2026)
Asian shares were mostly higher on Friday, February 10, 2026, as the Nikkei 225 touched a new peak, surpassing 36,000 for the first time. The index closed at 36,015.39, up 1.83%, driven by strong buying in Tokyo and continued global risk-off sentiment. The Hang Seng Composite Index rose 1.52% to 26,532.43, while Shanghai Composite gained 0.98% to 3,487.78. Central bank easing expectations and a decline in the yen pressured exports, contributing to broader Asian equity gains.ExpandAsian shares were mostly higher on Friday, February 10, 2026, as the Nikkei 225 touched a new peak, surpassing 36,000 for the first time. The index closed at 36,015.39, up 1.83%, driven by strong buying in Tokyo and continued global risk-off sentiment. The Hang Seng Composite Index rose 1.52% to 26,532.43, while Shanghai Composite gained 0.98% to 3,487.78. Central bank easing expectations and a decline in the yen pressured exports, contributing to broader Asian equity gains.
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Asian shares were mostly higher on Friday, February 10, 2026, as the Nikkei 225 touched a new peak, surpassing 36,000 for the first time. The index closed at 36,015.39, up 1.83%, driven by strong buying in Tokyo and continued global risk-off sentiment. The Hang Seng Composite Index rose 1.52% to 26,532.43, while Shanghai Composite gained 0.98% to 3,487.78. Central bank easing expectations and a decline in the yen pressured exports, contributing to broader Asian equity gains.
Thales (THALES) Ramps Production as Global Defense Spending Surges
Thales SA (THALES) is extensively ramping up production to meet escalating global defense spending, with arms sales reaching $2.7 trillion in 2024 and the top 100 defense companies reporting $679 billion in revenue, per SIPRI. The company quadrupled radar output and is advancing C-UAS solutions amid heightened geopolitical tensions. Thales shares have risen over 50% YoY, reflecting broader defensive stock gains.
For the first nine months of 2025, Thales generated 15.3 billion euros ($18.1B), up 8.4% YoY, with 80% from mature markets and defense revenue contributing 50% of total sales at 14% growth. The firm is expanding in Asia and India, investing in automation in its Singapore plant and leveraging AI in aviation for optimized flight paths, reduced delays and about 10% lower fuel burn.ExpandThales SA (THALES) is extensively ramping up production to meet escalating global defense spending, with arms sales reaching $2.7 trillion in 2024 and the top 100 defense companies reporting $679 billion in revenue, per SIPRI. The company quadrupled radar output and is advancing C-UAS solutions amid heightened geopolitical tensions. Thales shares have risen over 50% YoY, reflecting broader defensive stock gains.
For the first nine months of 2025, Thales generated 15.3 billion euros ($18.1B), up 8.4% YoY, with 80% from mature markets and defense revenue contributing 50% of total sales at 14% growth. The firm is expanding in Asia and India, investing in automation in its Singapore plant and leveraging AI in aviation for optimized flight paths, reduced delays and about 10% lower fuel burn.
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For the first nine months of 2025, Thales generated 15.3 billion euros ($18.1B), up 8.4% YoY, with 80% from mature markets and defense revenue contributing 50% of total sales at 14% growth. The firm is expanding in Asia and India, investing in automation in its Singapore plant and leveraging AI in aviation for optimized flight paths, reduced delays and about 10% lower fuel burn.
Thales SA (THALES) is extensively ramping up production to meet escalating global defense spending, with arms sales reaching $2.7 trillion in 2024 and the top 100 defense companies reporting $679 billion in revenue, per SIPRI. The company quadrupled radar output and is advancing C-UAS solutions amid heightened geopolitical tensions. Thales shares have risen over 50% YoY, reflecting broader defensive stock gains.
For the first nine months of 2025, Thales generated 15.3 billion euros ($18.1B), up 8.4% YoY, with 80% from mature markets and defense revenue contributing 50% of total sales at 14% growth. The firm is expanding in Asia and India, investing in automation in its Singapore plant and leveraging AI in aviation for optimized flight paths, reduced delays and about 10% lower fuel burn.
WhatsApp Ireland Case Sent Back to Lower Tribunal: C-97/23P (Feb 10, 2026)
The Court of Justice of the European Union on February 10, 2026, sent WhatsApp Ireland's appeal against the European Data Protection Board's Binding Decision 1/2021 back to a lower tribunal, prolonging a five-year dispute. The court found the action admissible and upheld the Irish data protection authority's discretion in finalizing fines. The Irish privacy enforcer raised the penalty in 2021 following EDPB intervention. Meta lost its appeal at a lower tribunal after judges determined it was not directly affected by the EDPB decision. The case is numbered C-97/23P, WhatsApp Ireland v EDPB. The fine was set at 225 million euros ($268 million) at the time of the decision, with exchange rates: $1 = 0.8403 euros as of February 10, 2026.ExpandThe Court of Justice of the European Union on February 10, 2026, sent WhatsApp Ireland's appeal against the European Data Protection Board's Binding Decision 1/2021 back to a lower tribunal, prolonging a five-year dispute. The court found the action admissible and upheld the Irish data protection authority's discretion in finalizing fines. The Irish privacy enforcer raised the penalty in 2021 following EDPB intervention. Meta lost its appeal at a lower tribunal after judges determined it was not directly affected by the EDPB decision. The case is numbered C-97/23P, WhatsApp Ireland v EDPB. The fine was set at 225 million euros ($268 million) at the time of the decision, with exchange rates: $1 = 0.8403 euros as of February 10, 2026.
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The Court of Justice of the European Union on February 10, 2026, sent WhatsApp Ireland's appeal against the European Data Protection Board's Binding Decision 1/2021 back to a lower tribunal, prolonging a five-year dispute. The court found the action admissible and upheld the Irish data protection authority's discretion in finalizing fines. The Irish privacy enforcer raised the penalty in 2021 following EDPB intervention. Meta lost its appeal at a lower tribunal after judges determined it was not directly affected by the EDPB decision. The case is numbered C-97/23P, WhatsApp Ireland v EDPB. The fine was set at 225 million euros ($268 million) at the time of the decision, with exchange rates: $1 = 0.8403 euros as of February 10, 2026.
EU Consumers Expect Faster Grocery Price Increases in 2026 (EU: EUR, SP: EUR)
EU consumers expect grocery price increases to outpace overall inflation in 2026, per ING surveys of Germany, Spain, Netherlands, Belgium, Poland, and Romania (about 1,000 respondents each). In 2025, food and non-alcoholic beverage prices rose 3.3% versus an overall inflation of 2.5%, with 58% of respondents expecting prices to rise more rapidly over the next 12 months (vs. 14% who disagree).
ECB projections indicate eurozone food inflation will ease, stabilize slightly above 2% by late 2026, and outpace general inflation. Pessimism about purchasing power remains high: 39% expect it to decline (vs. 29% who expect gains). Spain is an exception, with 52% expecting gains in purchasing power and 18% anticipating no improvement.
Higher food inflation tends to coincide with a larger share of household budgets spent on food,加重 pressure in Eastern Europe and Balkans where food inflation was 6.8% in 2025 and food accounted for 23.1% of spending.ExpandEU consumers expect grocery price increases to outpace overall inflation in 2026, per ING surveys of Germany, Spain, Netherlands, Belgium, Poland, and Romania (about 1,000 respondents each). In 2025, food and non-alcoholic beverage prices rose 3.3% versus an overall inflation of 2.5%, with 58% of respondents expecting prices to rise more rapidly over the next 12 months (vs. 14% who disagree).
ECB projections indicate eurozone food inflation will ease, stabilize slightly above 2% by late 2026, and outpace general inflation. Pessimism about purchasing power remains high: 39% expect it to decline (vs. 29% who expect gains). Spain is an exception, with 52% expecting gains in purchasing power and 18% anticipating no improvement.
Higher food inflation tends to coincide with a larger share of household budgets spent on food,加重 pressure in Eastern Europe and Balkans where food inflation was 6.8% in 2025 and food accounted for 23.1% of spending.
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ECB projections indicate eurozone food inflation will ease, stabilize slightly above 2% by late 2026, and outpace general inflation. Pessimism about purchasing power remains high: 39% expect it to decline (vs. 29% who expect gains). Spain is an exception, with 52% expecting gains in purchasing power and 18% anticipating no improvement.
Higher food inflation tends to coincide with a larger share of household budgets spent on food,加重 pressure in Eastern Europe and Balkans where food inflation was 6.8% in 2025 and food accounted for 23.1% of spending.
EU consumers expect grocery price increases to outpace overall inflation in 2026, per ING surveys of Germany, Spain, Netherlands, Belgium, Poland, and Romania (about 1,000 respondents each). In 2025, food and non-alcoholic beverage prices rose 3.3% versus an overall inflation of 2.5%, with 58% of respondents expecting prices to rise more rapidly over the next 12 months (vs. 14% who disagree).
ECB projections indicate eurozone food inflation will ease, stabilize slightly above 2% by late 2026, and outpace general inflation. Pessimism about purchasing power remains high: 39% expect it to decline (vs. 29% who expect gains). Spain is an exception, with 52% expecting gains in purchasing power and 18% anticipating no improvement.
Higher food inflation tends to coincide with a larger share of household budgets spent on food,加重 pressure in Eastern Europe and Balkans where food inflation was 6.8% in 2025 and food accounted for 23.1% of spending.
Cisco Introduces G300 AI Networking Chip, Competing with Broadcom and Nvidia
Cisco Systems (CSCO) introduced the Silicon One G300 switch chip, designed to accelerate data flow in large data centers and compete with offerings from Broadcom and Nvidia in the $600B AI infrastructure spending boom. The G300, manufactured using TSMC’s 3nm process, features "shock absorber" capabilities to reroute data around traffic spikes, improving end-to-end network efficiency. Cisco expects some AI computing tasks to see up to 28% faster performance by automatically re-routing data microseconds in response to bottlenecks. The chip is expected to ship in the second half of 2026.ExpandCisco Systems (CSCO) introduced the Silicon One G300 switch chip, designed to accelerate data flow in large data centers and compete with offerings from Broadcom and Nvidia in the $600B AI infrastructure spending boom. The G300, manufactured using TSMC’s 3nm process, features "shock absorber" capabilities to reroute data around traffic spikes, improving end-to-end network efficiency. Cisco expects some AI computing tasks to see up to 28% faster performance by automatically re-routing data microseconds in response to bottlenecks. The chip is expected to ship in the second half of 2026.
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Cisco Systems (CSCO) introduced the Silicon One G300 switch chip, designed to accelerate data flow in large data centers and compete with offerings from Broadcom and Nvidia in the $600B AI infrastructure spending boom. The G300, manufactured using TSMC’s 3nm process, features "shock absorber" capabilities to reroute data around traffic spikes, improving end-to-end network efficiency. Cisco expects some AI computing tasks to see up to 28% faster performance by automatically re-routing data microseconds in response to bottlenecks. The chip is expected to ship in the second half of 2026.
BP Plc Halts Share Buybacks Amid Turnaround Pressures (BP: $750M Reduction)
BP Plc halts its $750 million quarterly share buyback program through the end of 2026, reducing a previously reduced plan and withdrawing guidance to return 30%–40% of operating cash flow to shareholders. The move follows a difficult 2025, including activist pressure, leadership changes, and a strategic pivot away from oil and gas.
Oil prices are below $73 per barrel, down from $73 BP targeted for 2026. Upstream production is expected to be slightly lower than 2024, and BP will deepen cost reductions by up to $1.5 billion by 2027, including $6 billion from Castrol divestitures. Net income for the quarter was $1.54 billion, in line with estimates.
BP recorded a $4 billion writedown in the fourth quarter and累计 impairments since 2022 of nearly $25 billion on renewable assets, including Archaea Energy and Lightsource, reflecting slower-than-expected low-carbon project performance.ExpandBP Plc halts its $750 million quarterly share buyback program through the end of 2026, reducing a previously reduced plan and withdrawing guidance to return 30%–40% of operating cash flow to shareholders. The move follows a difficult 2025, including activist pressure, leadership changes, and a strategic pivot away from oil and gas.
Oil prices are below $73 per barrel, down from $73 BP targeted for 2026. Upstream production is expected to be slightly lower than 2024, and BP will deepen cost reductions by up to $1.5 billion by 2027, including $6 billion from Castrol divestitures. Net income for the quarter was $1.54 billion, in line with estimates.
BP recorded a $4 billion writedown in the fourth quarter and累计 impairments since 2022 of nearly $25 billion on renewable assets, including Archaea Energy and Lightsource, reflecting slower-than-expected low-carbon project performance.
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Oil prices are below $73 per barrel, down from $73 BP targeted for 2026. Upstream production is expected to be slightly lower than 2024, and BP will deepen cost reductions by up to $1.5 billion by 2027, including $6 billion from Castrol divestitures. Net income for the quarter was $1.54 billion, in line with estimates.
BP recorded a $4 billion writedown in the fourth quarter and累计 impairments since 2022 of nearly $25 billion on renewable assets, including Archaea Energy and Lightsource, reflecting slower-than-expected low-carbon project performance.
BP Plc halts its $750 million quarterly share buyback program through the end of 2026, reducing a previously reduced plan and withdrawing guidance to return 30%–40% of operating cash flow to shareholders. The move follows a difficult 2025, including activist pressure, leadership changes, and a strategic pivot away from oil and gas.
Oil prices are below $73 per barrel, down from $73 BP targeted for 2026. Upstream production is expected to be slightly lower than 2024, and BP will deepen cost reductions by up to $1.5 billion by 2027, including $6 billion from Castrol divestitures. Net income for the quarter was $1.54 billion, in line with estimates.
BP recorded a $4 billion writedown in the fourth quarter and累计 impairments since 2022 of nearly $25 billion on renewable assets, including Archaea Energy and Lightsource, reflecting slower-than-expected low-carbon project performance.
Alibaba Unveils Open-Source RynnBrain Robotics AI Model (BABA)
Alibaba Group Holding Ltd. (BABA) introduced RynnBrain, an open-source foundation model enabling robots to perceive, reason, and execute real-world tasks, such as object mapping, trajectory prediction, and navigating cluttered environments like kitchens and assembly lines. Available on Hugging Face and GitHub in versions ranging from 2B to more efficient mixture-of-experts, it is trained on Qwen3-VL. The release competes with Alphabet Inc.’s (GOOGL) Gemini Robotics-ER 1.5 and Nvidia Corp.’s Cosmos-Reason2, signaling continued investment in physical AI and global collaboration.ExpandAlibaba Group Holding Ltd. (BABA) introduced RynnBrain, an open-source foundation model enabling robots to perceive, reason, and execute real-world tasks, such as object mapping, trajectory prediction, and navigating cluttered environments like kitchens and assembly lines. Available on Hugging Face and GitHub in versions ranging from 2B to more efficient mixture-of-experts, it is trained on Qwen3-VL. The release competes with Alphabet Inc.’s (GOOGL) Gemini Robotics-ER 1.5 and Nvidia Corp.’s Cosmos-Reason2, signaling continued investment in physical AI and global collaboration.
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Alibaba Group Holding Ltd. (BABA) introduced RynnBrain, an open-source foundation model enabling robots to perceive, reason, and execute real-world tasks, such as object mapping, trajectory prediction, and navigating cluttered environments like kitchens and assembly lines. Available on Hugging Face and GitHub in versions ranging from 2B to more efficient mixture-of-experts, it is trained on Qwen3-VL. The release competes with Alphabet Inc.’s (GOOGL) Gemini Robotics-ER 1.5 and Nvidia Corp.’s Cosmos-Reason2, signaling continued investment in physical AI and global collaboration.
BTC Price Stabilizes Amid Bernsteins 150,000-Dollar-Break-Equity View
Bitcoin prices stabilized near $70,000 after a recent sharp decline, with the index reflecting about 44% erosion from its October 2024 high. Bernstein analyst Gautam Chhugani maintains a bearish winter narrative is unfounded, noting price volatility reflects sentiment, not基本面 deterioration.
Chhugani stated that the bearish mood is at its weakest, with net outflows from physical ETFs amounting to just 7% relative to the price swing, indicating resilience. He characterized quantum computing risks as manageable, citing upgrades in blockchain security supported by strategic and BlackRock.
Technical conditions are mixed: Bitcoin broke out of a key support level at $61,000 but remains in a broader downtrend on the weekly chart. A breakout above $74,000 could开启a new uptrend, while a failure might test $65,000 support. With institutional buying continuing, whether Bitcoin replicates its historical halving rally will be a focus through late 2026.ExpandBitcoin prices stabilized near $70,000 after a recent sharp decline, with the index reflecting about 44% erosion from its October 2024 high. Bernstein analyst Gautam Chhugani maintains a bearish winter narrative is unfounded, noting price volatility reflects sentiment, not基本面 deterioration.
Chhugani stated that the bearish mood is at its weakest, with net outflows from physical ETFs amounting to just 7% relative to the price swing, indicating resilience. He characterized quantum computing risks as manageable, citing upgrades in blockchain security supported by strategic and BlackRock.
Technical conditions are mixed: Bitcoin broke out of a key support level at $61,000 but remains in a broader downtrend on the weekly chart. A breakout above $74,000 could开启a new uptrend, while a failure might test $65,000 support. With institutional buying continuing, whether Bitcoin replicates its historical halving rally will be a focus through late 2026.
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Chhugani stated that the bearish mood is at its weakest, with net outflows from physical ETFs amounting to just 7% relative to the price swing, indicating resilience. He characterized quantum computing risks as manageable, citing upgrades in blockchain security supported by strategic and BlackRock.
Technical conditions are mixed: Bitcoin broke out of a key support level at $61,000 but remains in a broader downtrend on the weekly chart. A breakout above $74,000 could开启a new uptrend, while a failure might test $65,000 support. With institutional buying continuing, whether Bitcoin replicates its historical halving rally will be a focus through late 2026.
Bitcoin prices stabilized near $70,000 after a recent sharp decline, with the index reflecting about 44% erosion from its October 2024 high. Bernstein analyst Gautam Chhugani maintains a bearish winter narrative is unfounded, noting price volatility reflects sentiment, not基本面 deterioration.
Chhugani stated that the bearish mood is at its weakest, with net outflows from physical ETFs amounting to just 7% relative to the price swing, indicating resilience. He characterized quantum computing risks as manageable, citing upgrades in blockchain security supported by strategic and BlackRock.
Technical conditions are mixed: Bitcoin broke out of a key support level at $61,000 but remains in a broader downtrend on the weekly chart. A breakout above $74,000 could开启a new uptrend, while a failure might test $65,000 support. With institutional buying continuing, whether Bitcoin replicates its historical halving rally will be a focus through late 2026.
Honda Profit Plummets 42% YoY to 465.4B Yen Amid Tariffs and EV Headwinds
Honda Motor Co. (7241.T) reported a 42% year-over-year drop in nine-month profit to 465.4 billion yen ($3 billion) as U.S. tariffs and a shifting EV landscape weighed on results. Sales for the three quarters totaled 15.98 trillion yen ($102.6 billion), down 2.2% from the prior-year period. The company lowered its 2030 global EV sales ratio target to 20% from 30% and canceled some EV models due to evolving market conditions. Sales in North America, hit by Trump-era policies that pared auto tariffs from 25% to 15%, were a drag, while motorcycle sales helped offset declines. Honda’s shares rose 2.1% on Tuesday amid broader Nikkei 225 gains.ExpandHonda Motor Co. (7241.T) reported a 42% year-over-year drop in nine-month profit to 465.4 billion yen ($3 billion) as U.S. tariffs and a shifting EV landscape weighed on results. Sales for the three quarters totaled 15.98 trillion yen ($102.6 billion), down 2.2% from the prior-year period. The company lowered its 2030 global EV sales ratio target to 20% from 30% and canceled some EV models due to evolving market conditions. Sales in North America, hit by Trump-era policies that pared auto tariffs from 25% to 15%, were a drag, while motorcycle sales helped offset declines. Honda’s shares rose 2.1% on Tuesday amid broader Nikkei 225 gains.
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Honda Motor Co. (7241.T) reported a 42% year-over-year drop in nine-month profit to 465.4 billion yen ($3 billion) as U.S. tariffs and a shifting EV landscape weighed on results. Sales for the three quarters totaled 15.98 trillion yen ($102.6 billion), down 2.2% from the prior-year period. The company lowered its 2030 global EV sales ratio target to 20% from 30% and canceled some EV models due to evolving market conditions. Sales in North America, hit by Trump-era policies that pared auto tariffs from 25% to 15%, were a drag, while motorcycle sales helped offset declines. Honda’s shares rose 2.1% on Tuesday amid broader Nikkei 225 gains.
GSK Announces CDE Submission for Arexvy Influenza Vaccine Review
The U.S.-based biopharmaceutical company GSK (NYSE: GSK) submitted a regulatory application to China's National Medical Products Administration (NMPA), formerly the China Drug Enforcement Center (CDE), for review of its Arexvy influenza vaccine. The submission is expected to expedite potential approval in China, a key market for the vaccine. The NMPA is expected to complete its review within 60 days of receipt, with a target date of March 18, 2026. If approved, Arexvy could add a third dose schedule to the company's portfolio, enhancing its preparedness for future flu seasons.ExpandThe U.S.-based biopharmaceutical company GSK (NYSE: GSK) submitted a regulatory application to China's National Medical Products Administration (NMPA), formerly the China Drug Enforcement Center (CDE), for review of its Arexvy influenza vaccine. The submission is expected to expedite potential approval in China, a key market for the vaccine. The NMPA is expected to complete its review within 60 days of receipt, with a target date of March 18, 2026. If approved, Arexvy could add a third dose schedule to the company's portfolio, enhancing its preparedness for future flu seasons.
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The U.S.-based biopharmaceutical company GSK (NYSE: GSK) submitted a regulatory application to China's National Medical Products Administration (NMPA), formerly the China Drug Enforcement Center (CDE), for review of its Arexvy influenza vaccine. The submission is expected to expedite potential approval in China, a key market for the vaccine. The NMPA is expected to complete its review within 60 days of receipt, with a target date of March 18, 2026. If approved, Arexvy could add a third dose schedule to the company's portfolio, enhancing its preparedness for future flu seasons.
Boohoo Exec Likely Aware of Leicester Factory Conditions, Investors Sue
Investors allege Mahmud Kamani, Boohoo’s executive chairman, likely knew about “terrible, unsafe and unsanitary” conditions in Leicester factories supplying the fast-fashion retailer prior to the 2020 scandal. The High Court lawsuit seeks £177 million plus interest, citing a 42% drop in Boohoo’s AIM-listed shares after reports exposed underpayment and hazardous work, including £3/hour rates and long hours, even during the pandemic.
Supporting claims note the Kamani family’s close ties to suppliers, with lawyers pushing for logs of communications between Mr Kamani and his sons Umar and Samir, who headed major brands. The £55 million Debenhams acquisition in 2021 followed the share price plunge. Boohoo denies the allegations and contests the inclusion of the Kamani family in the claim.ExpandInvestors allege Mahmud Kamani, Boohoo’s executive chairman, likely knew about “terrible, unsafe and unsanitary” conditions in Leicester factories supplying the fast-fashion retailer prior to the 2020 scandal. The High Court lawsuit seeks £177 million plus interest, citing a 42% drop in Boohoo’s AIM-listed shares after reports exposed underpayment and hazardous work, including £3/hour rates and long hours, even during the pandemic.
Supporting claims note the Kamani family’s close ties to suppliers, with lawyers pushing for logs of communications between Mr Kamani and his sons Umar and Samir, who headed major brands. The £55 million Debenhams acquisition in 2021 followed the share price plunge. Boohoo denies the allegations and contests the inclusion of the Kamani family in the claim.
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Supporting claims note the Kamani family’s close ties to suppliers, with lawyers pushing for logs of communications between Mr Kamani and his sons Umar and Samir, who headed major brands. The £55 million Debenhams acquisition in 2021 followed the share price plunge. Boohoo denies the allegations and contests the inclusion of the Kamani family in the claim.
Investors allege Mahmud Kamani, Boohoo’s executive chairman, likely knew about “terrible, unsafe and unsanitary” conditions in Leicester factories supplying the fast-fashion retailer prior to the 2020 scandal. The High Court lawsuit seeks £177 million plus interest, citing a 42% drop in Boohoo’s AIM-listed shares after reports exposed underpayment and hazardous work, including £3/hour rates and long hours, even during the pandemic.
Supporting claims note the Kamani family’s close ties to suppliers, with lawyers pushing for logs of communications between Mr Kamani and his sons Umar and Samir, who headed major brands. The £55 million Debenhams acquisition in 2021 followed the share price plunge. Boohoo denies the allegations and contests the inclusion of the Kamani family in the claim.
BT Group Appoints Clive Selley as New CEO Following Bas Burger Resignation
February 10, 2026 — BT Group plc (LSE: BT) announced the resignation of Bas Burger, current Chief Executive Officer of BT International, effective immediately. Clive Selley, currently BT’s Deputy Chief Executive Officer, will assume the role of CEO upon completion of the transition period. The company stated the change follows a strategic review of leadership to ensure continued operational excellence and alignment with evolving market demands.ExpandFebruary 10, 2026 — BT Group plc (LSE: BT) announced the resignation of Bas Burger, current Chief Executive Officer of BT International, effective immediately. Clive Selley, currently BT’s Deputy Chief Executive Officer, will assume the role of CEO upon completion of the transition period. The company stated the change follows a strategic review of leadership to ensure continued operational excellence and alignment with evolving market demands.
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February 10, 2026 — BT Group plc (LSE: BT) announced the resignation of Bas Burger, current Chief Executive Officer of BT International, effective immediately. Clive Selley, currently BT’s Deputy Chief Executive Officer, will assume the role of CEO upon completion of the transition period. The company stated the change follows a strategic review of leadership to ensure continued operational excellence and alignment with evolving market demands.
U.S. Further Lowers Bangladesh Tariffs to 19% with New Apparel Exemptions (02-10-2026)
The U.S. will reduce its “reciprocal tariffs” on Bangladesh to 19% under new trade agreement announced by the White House, introducing zero-tariff access for certain apparel and textiles made with U.S.-sourced cotton and synthetic fibers. Overall U.S. tariffs on Bangladesh will fall from 20% to 19%—down from 37% in 2025—facilitating deeper market access for U.S. chemicals, medical devices, auto parts, soy products, and meat.
Bangladesh will also recognize U.S. food, drug, vehicle safety and emissions standards. In exchange, it will open markets for U.S. industrial and agricultural goods, and the U.S. anticipates Bangladesh will purchase about $150 billion in energy and $35 billion in agricultural products over the next 15 years.
The apparel sector, a $40 billion pillar of Bangladesh’s economy employing 4 million workers, is expected to benefit from the exemption mechanism, with firms increasing U.S. raw material usage to support exports as they compete with India’s roughly 18% duty rate.ExpandThe U.S. will reduce its “reciprocal tariffs” on Bangladesh to 19% under new trade agreement announced by the White House, introducing zero-tariff access for certain apparel and textiles made with U.S.-sourced cotton and synthetic fibers. Overall U.S. tariffs on Bangladesh will fall from 20% to 19%—down from 37% in 2025—facilitating deeper market access for U.S. chemicals, medical devices, auto parts, soy products, and meat.
Bangladesh will also recognize U.S. food, drug, vehicle safety and emissions standards. In exchange, it will open markets for U.S. industrial and agricultural goods, and the U.S. anticipates Bangladesh will purchase about $150 billion in energy and $35 billion in agricultural products over the next 15 years.
The apparel sector, a $40 billion pillar of Bangladesh’s economy employing 4 million workers, is expected to benefit from the exemption mechanism, with firms increasing U.S. raw material usage to support exports as they compete with India’s roughly 18% duty rate.
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Bangladesh will also recognize U.S. food, drug, vehicle safety and emissions standards. In exchange, it will open markets for U.S. industrial and agricultural goods, and the U.S. anticipates Bangladesh will purchase about $150 billion in energy and $35 billion in agricultural products over the next 15 years.
The apparel sector, a $40 billion pillar of Bangladesh’s economy employing 4 million workers, is expected to benefit from the exemption mechanism, with firms increasing U.S. raw material usage to support exports as they compete with India’s roughly 18% duty rate.
The U.S. will reduce its “reciprocal tariffs” on Bangladesh to 19% under new trade agreement announced by the White House, introducing zero-tariff access for certain apparel and textiles made with U.S.-sourced cotton and synthetic fibers. Overall U.S. tariffs on Bangladesh will fall from 20% to 19%—down from 37% in 2025—facilitating deeper market access for U.S. chemicals, medical devices, auto parts, soy products, and meat.
Bangladesh will also recognize U.S. food, drug, vehicle safety and emissions standards. In exchange, it will open markets for U.S. industrial and agricultural goods, and the U.S. anticipates Bangladesh will purchase about $150 billion in energy and $35 billion in agricultural products over the next 15 years.
The apparel sector, a $40 billion pillar of Bangladesh’s economy employing 4 million workers, is expected to benefit from the exemption mechanism, with firms increasing U.S. raw material usage to support exports as they compete with India’s roughly 18% duty rate.