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Unilever In "Advanced Discussions" To Sell Food Unit To Old Bay Maker
Unilever In "Advanced Discussions" To Sell Food Unit To Old Bay Maker
Unilever Plc confirmed it is "now in advanced discussions" with Maryland-based spice maker McCormick & Company to sell its food business unit in a $15.7 billion transaction and said a final deal could be announced as soon as today.
"The Company is now in advanced discussions with McCormick & Company ("McCormick") regarding a potential transaction," the Anglo-Dutch consumer goods company wrote in a press release.
Unilever noted, "Work remains ongoing to agree and finalise a transaction and it is possible...
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Mar 25, 2026 / Tyler Durden
Terrible 5Y Auction: Worst Bid To Cover In 4 Years, Highest Tail Since 2024, Dealers Jump
Terrible 5Y Auction: Worst Bid To Cover In 4 Years, Highest Tail Since 2024, Dealers Jump
Another day, another very ugly auction.
After yesterday's appallingly bad 2Y auction, moments ago the Treasury sold $70BN in 5Y paper in what was another terrible auction.
Just after 1pm, the auction stopped at a high yield of 3.966%, up from 3.608% in February and the highest since May 2025. It also tailed the When Issued 3.966% by 1.4bps, the biggest tail since Oct 2024.
The bid to cover was 2.29, down from 2.32 last month and...
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May 20, 2026 / Tyler Durden
Futures Rise Ahead Of Critical Nvidia Earnings As Oil, Bond Yields Drop
Futures Rise Ahead Of Critical Nvidia Earnings As Oil, Bond Yields Drop
US equity futures are higher led by tech as the selloff in bonds eased and traders awaited earnings from Nvidia after the close. As of 7:30am ET, S&P futures are up 0.3% while Nasdaq futs rose 0.7% showing optimism heading into the release and overlooking weakness in tech during APAC trade. In premarket trading, NVDA is up 1.8% in premarket trading, as semis see a strong bid with Mag7 names almost all higher. Cyclicals ex-Energy are rallying led by Industrials...
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Jun 16, 2026 / Tyler Durden
Lebanon Hosts The World's Highest Concentration Of Refugees, US Ranks 82nd
Lebanon Hosts The World's Highest Concentration Of Refugees, US Ranks 82nd
The countries carrying the world’s largest refugee burden are often not the ones most people expect.
Using data from the UNHCR via Our World in Data, this graphic, via Visual Capitalist's Dorothy Neufeld, ranks countries by the number of refugees hosted per 1,000 residents in 2024.
The results reveal how proximity to conflict frequently matters more than economic size. Many of the countries at the top of the ranking border active war zones and have absorbed large refugee populations relative to their...
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