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CEO of Boston Dynamics to step down, as Hyundai's robot strategy in focus
Reuters· 2026-02-11 08:43
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]
European stocks dip as AI worries hit tech and financials
Reuters· 2026-02-11 08:32
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]
AirAsia to place order for small airliners, drop A330neo
Reuters· 2026-02-11 08:08
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... ...
Britain's Renishaw projects annual profit, revenue growth; shares jump
Reuters· 2026-02-11 07:48
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... ...
Moderna shares fall after FDA refuses to review new flu vaccine
Reuters· 2026-02-11 07:29
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 builds stake in LSEG, source says
Reuters· 2026-02-11 07:25
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. ...
TotalEnergies posts 13% drop in fourth-quarter profit on lower oil, gas prices
Reuters· 2026-02-11 07:04
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]
Eutelsat secures 1 billion euros financing for Oneweb Satellite Procurement
Reuters· 2026-02-11 06:46
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]
Tencent, Tesla team up on WeChat-linked in-car features in China
Reuters· 2026-02-11 06:41
Core Insights - Tencent Cloud has partnered with Tesla to enhance in-car features, including the instant transfer of WeChat location data and smart service suggestions based on user destinations [1] Company Summary - Tencent Cloud is expanding its service offerings by collaborating with Tesla, a major U.S. automaker, to integrate advanced features into vehicles [1] - The partnership aims to improve user experience by providing seamless access to WeChat functionalities while driving [1] Industry Summary - The collaboration highlights a growing trend in the automotive industry where technology companies are partnering with automakers to enhance in-car connectivity and services [1] - This move reflects the increasing importance of digital services in the automotive sector, as companies seek to differentiate their offerings through innovative technology [1]
Dassault Systemes posts full-year revenue growth as clients shift to cloud software
Reuters· 2026-02-11 06:18
Core Insights - Dassault Systèmes reported full-year 2025 revenue of 6.24 billion euros ($7.44 billion), reflecting a 4% increase at constant currency [1] - Recurring revenue grew by 6%, primarily driven by an 11% increase in software revenue [1] Financial Performance - Total revenue for 2025 reached 6.24 billion euros ($7.44 billion) [1] - The growth in revenue was 4% when adjusted for constant currency [1] - Recurring revenue saw a 6% increase, indicating strong performance in subscription-based services [1] - Software revenue experienced an 11% jump, contributing significantly to overall revenue growth [1]