Core Viewpoint - Concerns over potential disruption from artificial intelligence have led to a sharp decline in UK wealth management stocks, particularly St James's Place and Quilter, following a significant selloff in U.S. rival stocks [1] Group 1: Company Impact - St James's Place and Quilter experienced a notable drop in stock prices on Wednesday due to the broader implications of AI disruption in the financial sector [1] Group 2: Industry Context - The decline in UK wealth management stocks is part of a larger trend affecting the European financial sector, influenced by recent selloffs in U.S. financial stocks [1]

Core Viewpoint - India has decided not to relax its ban on e-cigarettes, which would have allowed heat-not-burn tobacco products, impacting Philip Morris International's lobbying efforts for regulatory changes in New Delhi [1] Group 1 - The Indian government has maintained its stance against e-cigarettes, rejecting proposals to permit heat-not-burn tobacco products [1] - Philip Morris International has been actively lobbying for the approval of such devices in India, indicating a significant interest in expanding its market presence [1]

Core Insights - Robert Playter, the CEO of Hyundai Motor Group's robot affiliate Boston Dynamics, is stepping down [1] Company Summary - Boston Dynamics, based in Waltham, Massachusetts, announced the resignation of its CEO on its X account [1]

Core Viewpoint - European shares experienced a decline on Wednesday, primarily driven by concerns that emerging artificial intelligence models may negatively impact the profit margins of traditional software companies [1] Group 1: Market Impact - The decline in European shares was notably influenced by the technology and financial sectors [1]

The co-founder of AirAsia X said on Tuesday the Malaysian airline plans a significant order for small jets as it adds new routes and flights for Asia's first-time travellers, but no longer needs a pen... ...

UK's Renishaw on Wednesday forecast growth in annual profit and revenue, buoyed by sturdy momentum in the second half of fiscal 2026 and strong demand from the semiconductor and defense sectors, sendi... ...

Core Viewpoint - Moderna shares experienced a 14% decline in Frankfurt following the U.S. FDA's refusal to review the company's influenza vaccine approval application [1] Company Summary - Moderna's stock opened 14% lower in Frankfurt, indicating a significant market reaction to the FDA's decision [1] - The trading volume was low, suggesting limited investor activity during this period [1] Industry Summary - The refusal by the U.S. FDA to review the influenza vaccine application may impact the broader vaccine market and investor sentiment towards vaccine developers [1]

Activist investor Elliott has built a stake in the London Stock Exchange Group and is engaging with the company to drive performance, a person familiar with the matter told Reuters on Wednesday. ...

Group 1 - TotalEnergies reported a 13% drop in fourth-quarter earnings, slightly missing expectations [1] - The decline in earnings was attributed to soaring margins on refining fuels and cash from selling stakes in renewable energy [1]

Core Insights - Eutelsat has secured approximately 1 billion euros ($1.2 billion) in export credit financing [1] Company Summary - The financing will be utilized for the procurement of low Earth orbit satellites for Eutelsat's OneWeb constellation [1]