SMIC Shares Slide Despite Strong AI-Driven Earnings as Margin Pressure Looms

Feb 11, 2026 05:11 am UTC| Business Technology

Shares of Semiconductor Manufacturing International Corp (HK:0981), Chinas largest contract chipmaker, declined 3.6% to HK$68.95 in Hong Kong trading on Wednesday, underperforming the Hang Seng Index, which edged up 0.4%....

Air New Zealand Cabin Crew Strike Set for February 12–13 Amid Failed Talks

Feb 11, 2026 05:02 am UTC| Business

Air New Zealands wide-body cabin crew will go on strike on February 12 and February 13 after contract negotiations failed to address workers concerns, according to New Zealand-based trade union E tū. The planned industrial...

FAA Confirms $1.5 Billion Peraton Contract as U.S. Air Traffic Control Overhaul Accelerates

Feb 11, 2026 02:10 am UTC| Politics Business

The Federal Aviation Administration has confirmed that its contract with national security firm Peraton, the project manager for a sweeping $12.5 billion modernization of the U.S. air traffic control system, is valued at...

Ralph Lauren Unveils Elegant Fall 2026 Women’s Collection Ahead of New York Fashion Week

Feb 11, 2026 02:06 am UTC| Business

Ralph Lauren debuted its Fall 2026 womens collection on Tuesday, offering a refined and darker-toned lineup just ahead of the official start of New York Fashion Week. The showcase highlighted the New York-based fashion...

Russia Signals Further Restrictions on Telegram Amid Ongoing Regulatory Disputes

Feb 11, 2026 02:04 am UTC| Governance Business Technology

Russia is set to impose additional restrictions on Telegram, one of the countrys most widely used messaging platforms, after authorities said the app failed to address earlier violations of Russian law. The announcement...

Ancora Holdings Builds $200M Stake in Warner Bros Discovery, Targets Netflix Asset Sale Plan

Feb 11, 2026 02:01 am UTC| Business

Activist investor Ancora Holdings has reportedly taken a significant position in Warner Bros Discovery, building a stake valued at approximately $200 million, according to a report by The Wall Street Journal published on...

CBA Shares Surge After Record Half-Year Profit as Rate Outlook Improves

Feb 11, 2026 01:47 am UTC| Business

Commonwealth Bank of Australia (ASX: CBA) shares jumped sharply on Wednesday after the countrys largest lender reported record-high cash earnings for the half year ended December, boosting investor confidence despite...