China January new loans jump but miss forecasts as weak demand persists
By Shi Bu and Kevin Yao BEIJING, Feb 13 (Reuters) - China's new bank lending jumped in January from the previous month but was below expectations and far short of the record level a year earlier, as subdued credit demand continued to weigh on borrowing...
1h ago
EU trade keeps taking hits from US tariffs and Chinese competition, data show
FRANKFURT, Feb 13 (Reuters) - The EU's trade surplus kept shrinking, data showed on Friday, as tariffs weighed on exports to the U.S. and rising Chinese imports crowded out domestic production, highlighting existential threats to the bloc's economic m...
1h ago
Applied Materials jumps as AI demand drives chipmaking tool orders
Feb 13 (Reuters) - Applied Materials' shares jumped 11.7% in premarket trading on Friday as investors bet that surging AI demand and a tightening memory market will continue to drive orders for the company's chipmaking tools, after it forecast second...
1h ago
Norwegian Air does not plan to use Starlink Wi-Fi, CEO says
By Vera Dvorakova Feb 13 (Reuters) - Norwegian Air Shuttle does not plan to bring Starlink's Wi-Fi onto its aircraft for now, as the budget airline offers a paid service from another vendor on its flights, CEO Geir Karlsen told Reuters on Friday. Maj...
1h ago
Lester Park Golf Course Survey Is Available
DULUTH, MN (KDAL) - The City of Duluth now has an online survey available to gather public input regarding the future use of the Lester Park Golf Course. It is part of a land use study requested by the Duluth City Council in October. Survey participants can provide their views on various topics such as natural resource...
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Analysis-China biotech licensing boom to hit record in 2026 as pipeline swells
By Kane Wu and Andrew Silver HONG KONG/SHANGHAI, Feb 13 (Reuters) - Global drugmakers are stepping up their search for China‑developed experimental medicines as they cut costs ahead of patent expirations, with industry analysts predicting licensing dea...
1h ago
Exclusive-ByteDance in talks to sell gaming unit Moonton for more than $6 billion, sources say
By Yantoultra Ngui and Kane Wu SINGAPORE/HONG KONG, Feb 13 (Reuters) - ByteDance is in advanced talks to sell Shanghai Moonton Technology, the studio behind the popular mobile game Mobile Legends: Bang Bang, to Saudi Arabia's Savvy Games Group in a dea...
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Capgemini CEO dismisses calls for full European tech autonomy
By Leo Marchandon Feb 13 (Reuters) - Capgemini CEO Aiman Ezzat on Friday dismissed calls for a total technological sovereignty in Europe, at a time when fraying transatlantic relations have stoked concerns about the region's dependence on U.S. tech ma...
2h ago
Swiss inflation remains at bottom end of central bank's target
ZURICH, Feb 13 (Reuters) - Switzerland's annual inflation rate stayed at 0.1% in January, government data showed on Friday, the bottom end of the Swiss National Bank's target range. The increase in consumer prices was in line with the forecast of ana...
2h ago
Indonesia's economic growth to exceed target in 2026, president says
By Stefanno Sulaiman JAKARTA, Feb 13 (Reuters) - Indonesia's president said on Friday that the country's economic growth is real and will this year surpass its target, adding that business players have acknowledged the benefits of his free meals prog...
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