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Woodside Energy has reported net profit after tax (NPAT) of $2.71bn for the full year 2025, a 24% decline from $3.57bn in 2024, as softer commodity prices weighed on the bottom line despite record production. Underlying NPAT came in at $2.64bn, down 8% from $2.88bn in the prior year. The company achieved production of 198.8 million barrels of oil equivalent (mboe), or 545,000 barrels of oil equivalent per day (boepd), for the full year 2025, surpassing guidance and surpassing 2024’s output. According to Woodside, the result was driven by the Sangomar asset in Senegal, which operated at nameplate capacity of…

The Citrini Research paper imagines a scenario in which widespread AI adoption leads to disruption and societal chaos. Evercore called it “thought-provoking” but “implausible.”

The logo of pharmaceutical company Novo Nordisk is displayed in front of its offices in Bagsvaerd, Copenhagen, Denmark, Feb. 4, 2026.Tom Little | ReutersNovo Nordisk on Tuesday said it plans to slash the monthly list prices of its popular obesity and diabetes drugs in the U.S. by up to 50% starting in 2027, in a bid to make the treatments more accessible to patients with insurance coverage. The obesity injection Wegovy, its new pill counterpart, the diabetes shot Ozempic and the oral diabetes drug Rybelsus will have a new lower list price of $675 per month starting on Jan. 1, 2027. The…

Details:Composite manufacturing index fell to -10 in February from -6 in January. Estimate was -8Shipments dropped to -13 from -5 last monthNew orders decreased to -9 from -6 lat monthEmployment edged down to -7 from -6 last monthLocal business conditions index declined to -15 from -8 last monthPrices paid and received growth rates slowed in February to 6.52 from 7.06 last monthPrices received also slowed to 4.25 from 4.58 last monthCapital expenditures rose to -5 from -16 last monthServices expenditures -20 versus -16 last month Firms expect further moderation in price growth over the next 12 months**6 month forward expectations:Future…

Soybeans closed with Monday losses of 2 to 4 cents in the nearbys. Some deferreds held up. The cmdtyView national average Cash Bean price was down 3 1/4 cents at $10.69. Soymeal futures were down $1 to $2.50 in the front months, with. Soy Oil futures up 47 to 61 points.USDA’s FGIS tallied soybean export shipments at 669,865 MT (24.61 mbu) during the week ending on February 19. That was 44.9% below the week prior and 23.8% shy of than the same week last year. China was the top destination of 344,885 MT, with 98,686 MT headed to Mexico and 52,839 MT…

A drop in the number of international students coming to the UK has hit the student housing provider Unite Group, which lowered its profit outlook for the third time in four months as weaker demand prompted it to cut rents in some cities.Shares in the FTSE 250-listed company – which says it is the UK’s biggest student housing provider – fell almost 10% to the lowest level since early 2015. It said it would build far less student housing, after the completion of Hawthorne House in Stratford with 719 beds, expected in June.Only 68% of Unite’s beds are reserved for…

A major shake up could be coming as on chain investigator ZachXBT says he will publish a full insider trading exposé on February 26, targeting what he calls a major industry player tied to systemic market abuse.Traders are not waiting. Prediction market volume around the target’s identity has surged toward $3M as participants hedge for potential fallout. Right now, odds point toward names like Solana based liquidity protocol Meteora and the Trump backed World Liberty Financial as leading suspects. Key Takeaways $6 Million Prediction Market Volume: Trading activity on the ZachXBT investigation market has surpassed $5.6 million as speculators attempt…

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ClearBank, the technology-enabled enabler of real-time clearing and embedded banking, has taken a major step forward in its European growth journey. The bank has appointed a new European CEO and officially launched a new branch in France.The strategic moves come just over a year after the firm received its European banking licence. Since that time, ClearBank EU has successfully passported into 21 countries and is currently serving more than 35 clients across the market.A new leader for ClearBank Europe NVTristan Kirchner, CEO at ClearBank EuropeTo spearhead this accelerating expansion across the continent, ClearBank has appointed Tristan Kirchner as the CEO…

Fed’s Goolsbee: Rate cuts appropriate if inflation falls, but too soon to bet on productivity