Monday , 9 February 2026

Recent Posts

Revlon prepares to file for bankruptcy

  Bloomberg Cosmetics giant Revlon Inc is preparing to file for Chapter 11 bankruptcy as soon as next week as it battles supply chain problems and a heavy debt load, according to people with knowledge of the matter. Talks around the potential filing aren’t final and could change, said the people, who asked not to be named discussing private negotiations. …

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Charts signal major tests for $441b rebound in China tech

  Bloomberg Chart patterns indicate that a revival in China’s technology stocks is running into key technical tests.The Hang Seng Tech Index has rallied 39% since mid-March through June 10 on bets that Beijing is drawing the curtain down on a regulatory clampdown on the sector. That’s added $441 billion in market value across the 30-member gauge. The index lost …

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Rupee declines to new record, stocks slide on global risk-off

  Bloomberg The Indian rupee declined to a new record low and stocks slid as global risk-off sentiment spurred by expectations of aggressive Federal Reserve tightening weighed on emerging-market assets and stoked fears of more equity outflows. The local currency slid as much as 0.6% to 78.2825 per dollar on Monday, after having hit a series of lows in recent …

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