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Britain to work with Microsoft to build deepfake detection system
Reuters· 2026-02-05 08:49
Group 1 - The UK government is collaborating with Microsoft, academics, and experts to create a system for identifying deepfake content online [1] - This initiative aims to establish standards for addressing harmful and deceptive digital content [1]
TotalEnergies signs 3.3TWh power contract with Airbus for German, British sites
Reuters· 2026-02-05 08:27
Core Insights - TotalEnergies has signed two agreements to supply Airbus with 3.3 terawatt-hours of electricity for its operations in Germany and the UK, starting next year [1] Company Summary - TotalEnergies is expanding its role in the renewable energy sector by providing significant electricity supply to Airbus, indicating a strategic partnership aimed at supporting sustainable energy initiatives [1] Industry Summary - The agreements reflect a growing trend in the aviation and energy industries towards sustainable practices, as companies seek to reduce their carbon footprints and transition to greener energy sources [1]
Indian Oil posts quarterly profit rise on lower crude prices
Reuters· 2026-02-05 08:22
Core Insights - Indian Oil Corp (IOC), the leading refiner in India, experienced a more than four-fold increase in third-quarter profit, attributed to improved refining margins as crude prices declined [1] Company Summary - IOC reported a significant profit increase in the third quarter, indicating strong financial performance [1] - The rise in profit is linked to favorable market conditions, particularly the drop in crude oil prices, which enhanced refining margins [1] Industry Summary - The refining sector is benefiting from lower crude prices, leading to improved margins for refiners like IOC [1] - The performance of IOC may reflect broader trends in the oil refining industry, where profit margins are influenced by fluctuations in crude oil prices [1]
Taiwan's Foxconn forecasts strong first-quarter performance
Reuters· 2026-02-05 07:48
Group 1 - Foxconn reported a 35.5% year-on-year increase in revenue for January, indicating strong performance expectations for the first quarter [1] - The company is optimistic about its financial outlook, suggesting potential growth opportunities in the upcoming quarter [1]
Pandora aims to break with volatile silver market, CEO says
Reuters· 2026-02-05 07:30
Core Viewpoint - Jewellery brand Pandora is shifting towards platinum-plated products to mitigate risks associated with the volatile silver market following a significant increase in silver prices [1] Company Strategy - The introduction of platinum-plated products is a strategic move by Pandora's new CEO to distance the brand from the fluctuations in the silver market [1]
Novo reports first Ozempic sales drop in greater China region
Reuters· 2026-02-05 07:18
Core Insights - Sales of Novo Nordisk's diabetes drug Ozempic in the greater China region experienced a decline for the first time last year due to increased competition from rival products [1] Company Summary - Novo Nordisk's flagship product, Ozempic, has faced challenges in maintaining its market position in the greater China region [1] - The decline in sales indicates a shift in the competitive landscape for diabetes medications in this market [1] Industry Summary - The diabetes drug market in greater China is becoming increasingly competitive, impacting sales of established products like Ozempic [1] - Rival companies are likely introducing new products or strategies that are affecting Novo Nordisk's market share [1]
Vodafone says growth in Turkey, Africa and Germany supports profit guidance
Reuters· 2026-02-05 07:15
Core Insights - Vodafone reported that top-line growth in Germany, along with strong contributions from Turkey and Africa, has kept the company on track to meet its full-year earnings and cash flow targets [1] Group 1 - Vodafone's growth in Germany has been a significant factor in its overall performance [1] - The contributions from Turkey and Africa have also played a crucial role in supporting Vodafone's financial outlook [1]
UK's BT says on track to meet forecasts for the year
Reuters· 2026-02-05 07:12
Core Insights - BT, Britain's largest broadband operator, reported a 4% decline in quarterly revenue, aligning with forecasts, and confirmed it is on track to meet its annual targets [1] Company Performance - The 4% revenue drop reflects ongoing challenges in the broadband sector, but the company remains optimistic about achieving its financial goals for the year [1]
Shell's fourth-quarter profit misses expectations at $3.3 billion
Reuters· 2026-02-05 07:09
Core Insights - Shell's adjusted earnings for the fourth quarter reached $3.26 billion, a decrease from $3.7 billion in the same period last year, and below the average analyst estimate of $3.5 billion [1] Financial Performance - The adjusted earnings of $3.26 billion represent a year-over-year decline of approximately 12% [1] - The earnings fell short of analyst expectations, indicating potential challenges in meeting market forecasts [1]
Italy's BPER posts FY revenue beat, closes in on Pop Sondrio takeover
Reuters· 2026-02-05 07:08
Italy's BPER Banca on Thursday reported revenue ahead of its full-year guidance, as it closes in on the acquisition of regional peer Banca Popolare di Sondrio. ...