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"Lot Of Questions On Structure:" Goldman Reacts To Old Bay Maker's Bid For Unilever Food Unit

"Lot Of Questions On Structure:" Goldman Reacts To Old Bay Maker's Bid For Unilever Food Unit Bloomberg reported earlier this week that Unilever Plc was in early talks to sell its food business - a move that would end its competition with major packaged-food rivals, including Nestlé, PepsiCo, and Kraft Heinz. By Friday morning, Unilever stated in a press release that, despite "media speculation regarding a potential transaction involving its Foods business," it had, in fact, received an "inbound offer" for the unit from Hunt Valley, Maryland-based McCormick & Company. "Unilever confirms...
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Jul 16, 2026 / Tyler Durden
Russia Struggles To Deliver Crude Oil As It Hits 135 Million Barrel Traffic Jam
Russia Struggles To Deliver Crude Oil As It Hits 135 Million Barrel Traffic Jam Russia is struggling to deliver all of the crude it’s being forced to ship overseas in the face of escalating Ukrainian drone strikes on its refineries. Nearly 135 million barrels of Russian crude oil are currently stranded at sea as a result of Ukraine’s airstrike campaign targeting refineries with the intent to cripple crude processing. The offshore backlog is forcing Moscow to significantly ramp up export volumes according to OilPrice.com. Intensive Ukrainian drone strikes, including recent hits on the Gazprom...
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Oct 1, 2026 / Tyler Durden
US Warns Europe: Release Emergency Diesel Supplies Or Face Export Ban
US Warns Europe: Release Emergency Diesel Supplies Or Face Export Ban The refined products crisis remains unresolved as the Northern Hemisphere winter approaches.  Speaking in the Oval Office on Wednesday, President Trump said he holds discussions "every day" about a potential diesel export ban, blaming Russia's war in Ukraine for fueling the supply squeeze. His administration is now pressuring European governments to release emergency diesel inventories to contain further price surges and reduce the risk of an economic shock in the coming months.  Reuters reports that the Trump administration has asked Germany...
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May 19, 2026 / Tyler Durden
Supreme Court Directs Lower Courts To Reexamine Decisions In Voting Rights Act Cases
Supreme Court Directs Lower Courts To Reexamine Decisions In Voting Rights Act Cases Authored by Matthew Vadum via The Epoch Times, The U.S. Supreme Court on May 18 ordered lower courts to reconsider rulings in two redistricting cases that concern whether private individuals may sue to enforce a federal law that bans discriminatory voting practices. The court directed the lower courts to take another look at the cases from Mississippi and North Dakota in light of its recent landmark ruling limiting the use of race in redistricting efforts. Justice Ketanji Brown Jackson dissented...
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