Bloomberg · Feb 23, 2026 · Collected from RSS
Sasol Ltd.’s profit plunged on lower crude prices even as the fuel and chemical producer boosted output and hedged against oil volatility.
Opaque assets become a tougher sell when investors can’t pull their cash out.
“This 10% or 15%, it’s not done,” says Peter Tchir, head of macro strategy at Academy Securities, as he explains his market fears related to the Supreme Court striking down President Donald Trump’s global tariffs. (Source: Bloomberg)
The European Union is poised to halt the ratification process of its trade deal with the US as it awaits more details on the new tariff program from President Donald Trump’s administration. Kasia Klimasinska reports on Bloomberg Television. (Source: Bloomberg)
Disappointing data from Novo Nordisk A/S is sending shockwaves across equities in Denmark, dragging the wider market down and underscoring how tightly the country’s fortunes are tied to the obesity-drug maker.
Two new commodities hedge funds are seeking to raise a collective $1.4 billion in assets after Millennium Management pulled the plug on the founders’ previous fund last year.
Estée Lauder Cos. is open to acquisitions as the owner of the Jo Malone and Le Labo brands enters the second year of a turnaround plan under Chief Executive Officer Stéphane de La Faverie.