February 2026 - Page 7 of 11

ByteDance Developing AI Chip, in Manufacturing Talks With Samsung

China’s ByteDance is developing an in-house AI chip and is in talks with Samsung Electronics to manufacture it, sources familiar with the matter said. The TikTok parent aims to secure advanced processors

11/02/2026

AI

Heineken to Cut 6,000 Jobs as Weak Beer Demand Hits Profit Outlook

Heineken will cut up to 6,000 jobs globally and lowered its 2026 profit growth outlook, citing weak consumer demand across key markets. The reductions represent nearly 7% of its 87,000 workforce, as

11/02/2026

Economy

China Coal Output Growth Slows to Decade Low as Imports Decline

China’s coal production is projected to rise 0.7% in 2026 to 4.86 billion tons, marking the slowest growth this decade. The China Coal Transportation and Distribution Association expects output to increase by

11/02/2026

Finance

Italy Industrial Output Slips in December, but Recovery Signs Strengthen

Italy’s industrial output fell 0.4% in December month-on-month, slightly better than forecasts, yet broader data suggest the country’s prolonged manufacturing slump may be easing. A Reuters poll had predicted a 0.5% decline,

11/02/2026

Economy

Coca-Cola Shares Slip as Modest 2026 Outlook Weighs on Sentiment

Coca-Cola reported mixed quarterly results, with early signs of improving demand in North and Latin America, but investors focused on cautious guidance. For 2026, the company forecasts organic revenue growth of 4%–5%

10/02/2026

Finance

Food Fraud Endures as Technology Struggles to Keep Up

Food fraud remains largely hidden, making its true scale elusive, even as detection technology advances across global supply chains. Crimes range from diluted ingredients to falsified documents, costing the global economy an

10/02/2026

Technology

Target to Cut 500 Jobs as Retailer Refocuses on Store Investment

Target will cut about 500 jobs across U.S. regional offices and distribution sites, aiming to redirect resources toward stores and win back customers. Executives outlined the reductions in an internal email obtained

10/02/2026

Economy

Yen Rallies After Takaichi Win as Markets Eye U.S. Data

The yen extended gains as the dollar weakened following Prime Minister Sanae Takaichi’s election victory, while markets awaited key U.S. economic data due Wednesday. Japan’s currency snapped a six-day slide after nearing

10/02/2026

Finance

Gold Slips as Risk Appetite Rises, U.S. Data in Focus

Gold prices edged lower as improving risk appetite lifted global equities, reducing demand for safe havens ahead of key U.S. economic data. Spot gold fell 0.2% to $5,055.29 an ounce, retreating from

10/02/2026

Economy

SoftBank’s OpenAI Bet Boosts Profits, Raises Funding Questions

SoftBank is set to post a strong quarterly gain from its OpenAI stake, as investors assess how it will finance an expanding artificial intelligence push. Despite OpenAI’s multi-billion-dollar deals, persistent losses have

10/02/2026

AI