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Tuesday, February 17, 2026

L’Oréal’s Q4 Sales Growth Slows, Missing Expectations Amidst Asian Weakness

L'Oréal's fourth-quarter sales growth of 6% missed expectations, impacted by its luxury division and weakness in Asia, despite strong performance in North America and Europe.

Zhipu AI’s GLM-5 Arrives: A New Challenger in the Global AI Arena

Zhipu AI launches its new flagship model, GLM-5, featuring advanced coding and agentic capabilities, challenging global AI leaders and emphasizing China's growing role in AI development.

Safran Soars: Aerospace Giant Boosts 2028 Targets on Strong Aftermarket and Defense Performance

French aerospace firm Safran raises its 2028 financial outlook significantly, driven by strong civil engine aftermarket demand and robust defense sector performance in its latest fiscal year.

Business

L’Oréal’s Q4 Sales Growth Slows, Missing Expectations Amidst Asian Weakness

L'Oréal's fourth-quarter sales growth of 6% missed expectations, impacted by its luxury division and weakness in Asia, despite strong performance in North America and Europe.

Zhipu AI’s GLM-5 Arrives: A New Challenger in the Global AI Arena

Zhipu AI launches its new flagship model, GLM-5, featuring advanced coding and agentic capabilities, challenging global AI leaders and emphasizing China's growing role in AI development.

Homeland Security Faces Shutdown as Congress Deadlocked on Funding

Congress is on the verge of a Department of Homeland Security shutdown due to a deadlock over immigration enforcement funding. Key agencies like TSA and FEMA face disruptions, with essential personnel working without pay.

Safran Soars: Aerospace Giant Boosts 2028 Targets on Strong Aftermarket and Defense Performance

French aerospace firm Safran raises its 2028 financial outlook significantly, driven by strong civil engine aftermarket demand and robust defense sector performance in its latest fiscal year.

TF1 Shares Plummet Amidst Financial Disappointments and Gloomy 2026 Outlook

Explore the reasons behind TF1's share price tumble, including disappointing financial results, weak 2026 guidance, and the challenging advertising market. Discover the company's digital transformation efforts and competitive landscape.

Temu Urges Chinese Sellers to Diversify Amid Rising US-China Trade Tensions

Over 1,000 Chinese merchants selling on the Temu platform gathered in Guangzhou on Friday for a five-hour event aimed at expanding their reach in...

Lei Jun Reflects on Challenges After Fatal Crash Involving Xiaomi EV

Xiaomi’s CEO and chairman, Lei Jun, recently shared that the past month has been the most difficult period since founding the company in 2010,...

Starbucks and Luckin Coffee Focus on Lower-Tier Cities Amid Challenges

In the face of sluggish consumption and fierce pricing competition, Starbucks and Luckin Coffee have managed to regain momentum by focusing on lower-tier cities...

Hong Kong Insurers Launch Plans for Medical Services in Greater Bay Area

This week, three major Hong Kong insurance firms unveiled new policies designed to help residents access medical services across the Greater Bay Area. These...

Sany Heavy Industry Plans $1.5 Billion IPO to Fuel Global Expansion

Sany Heavy Industry, one of China’s largest manufacturers of heavy equipment, plans to raise up to $1.5 billion through a proposed initial public offering...

U.S. Federal HR Agency Cancels Controversial Workday Contract

On Friday, the U.S. federal human resources agency, the Office of Personnel Management (OPM), canceled a contract awarded to Workday for a new cloud-based...

China Imports Wheat and Barley as Heat Threatens Domestic Crop

China, the world’s largest wheat producer, has recently purchased between 400,000 and 500,000 metric tons of wheat from Australia and Canada due to heatwaves...

FAA to Discuss Temporary Flight Reductions at Newark Airport to Address Disruptions

The Federal Aviation Administration (FAA) announced plans to meet with major airlines on Wednesday to discuss the possibility of implementing temporary cuts in flights...

Trump Announces Continued 10% Tariff on Imports Despite Trade Deals

U.S. President Donald Trump reaffirmed on Friday that the United States will maintain a baseline tariff of 10% on imports, even after new trade...

China’s Car Sales Surge in April Amid Trade and Subsidy Impact

China's car sales saw a notable increase in April, with a 14.8% rise compared to the previous year, marking the third consecutive month of...

Federal Reserve Takes Cautious Approach Amid Tariff and Policy Uncertainty

Cleveland Federal Reserve President Beth Hammack stated that the Fed needs more time to evaluate how the U.S. economy reacts to the trade policies...

CSX Reaches Tentative Agreement with Brotherhood of Locomotive Engineers and Trainmen

CSX has reached a tentative agreement with the Brotherhood of Locomotive Engineers and Trainmen (BLET) for a new five-year contract. The agreement, which still...

Google Agrees to $1.375 Billion Settlement Over Privacy Violations in Texas

Google has reached a settlement agreement with the state of Texas, agreeing to pay $1.375 billion to resolve two lawsuits alleging the company violated...

China’s Economic Struggles Highlight Need for Stimulus Amid Deflation and Trade War

China's economy continues to struggle as factory-gate prices fell sharply in April, marking the steepest drop in six months. This, combined with a third...

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