ZURICH, Feb 2 (Reuters) - Swiss bank Julius Baer on Monday reported a net profit of 764 million ‌Swiss francs ($988 million) for 2025, down ​25% from 2024, but slightly ‍above a consensus ⁠expectation of ⁠679 million francs. Assets under management grew ‌by 5% to ​521 billion francs, the bank said, with net ⁠new money ‍of ​14.4 billion francs matching...

BEIJING, Feb 2 (Reuters) - Alibaba ( BABA ) said on Monday it will spend 3 billion yuan ($431 million) to attract users to its Qwen AI app during the Lunar New Year holiday, heating up a race between China's largest tech firms.  The pledge by Alibaba ( BABA ), which triples ‌the spending promised earlier by rivals Tencent (...

SINGAPORE, Feb 2 (Reuters) - Aviation leaders tackled barriers to growth and the impact of geopolitical tensions on the eve of the Singapore Airshow on Monday, while reaffirming pledges to reduce emissions. Supply chain problems are hurting global airlines and will remain for some time to come, the head of the International Air Transport Association warned industry leaders and regulators....

COPENHAGEN, Denmark--(BUSINESS WIRE)-- Shotling, a Danish defense technology startup specializing in kinetic short-range counter-UAS (C-UAS) systems, today announced the closing of a pre-seed financing round with €700K committed out of a targeted €500K. The round is led by Myriad Defense Fund, with co-investment from IPO CLUB’s Fund II America 2030, and a non-dilutive match-loan granted by EIFO, the Export and...