Wesfarmers H1 profit climbs 9.3% to $1.6B
Wesfarmers (ASX:WES) announced a robust statutory net profit after tax of $1,603 million for the half-year ended Dec. 31, 2025, marking a 9.3% increase.
Wesfarmers (ASX:WES) announced a robust statutory net profit after tax of $1,603 million for the half-year ended Dec. 31, 2025, marking a 9.3% increase.
Warren Buffett's last quarter as Berkshire Hathaway's CEO reflected a bearish sentiment as he prepares to depart the firm, handing the reins to Greg Abel. The conglomerate cut its Amazon stake by 75%, with the position likely gaining 130-140% and performing broadly in line with the S&P 500. Chevron and Chubb, among its top 10 holdings, saw position increases. Berkshire Hathaway is also building a stake in the New York Times Co. Bloomberg Intelligence Senior Property & Casualty Insurance Matthew Palazola joins Bloomberg Businessweek Daily to discuss. He speaks with Carol Massar and Tim Stenovec.
KKR Co-Head of Credit & Markets Christopher Sheldon discusses the firm's 2026 credit strategy report and the challenges investors face in a market with tight credit spreads amid rising M&A activity. He speaks with Dani Burger on Bloomberg's Deals.
Charter Hall (ASX:CHC) announced a $360 million acquisition of a prime triple-asset shopping centre portfolio from LaSalle Investment Management.
Warners Bros. has given Paramount until Monday at midnight to submit a final offer in the ongoing bidding war, despite previously favoring Netflix's acquisition proposal. If Paramount's revised offer is deemed better, Netflix will have four days to match or exceed it, potentially securing the deal. Bloomberg's Michelle Davis has more on the story.
French President Emmanuel Macron said the free speech defense of social media platforms is "pure bullshit," pushing back against a key foreign policy goal of President Donald Trump.
Morgan Stanley Chief US Equity Strategist and CIO Mike Wilson explains why the firm stands by its $7,800 price target for the S&P 500 Index by the end of this year and says it is premature to "throw a cold blanket" on the AI cycle.
Morgan Stanley Chief US Equity Strategist and CIO Mike Wilson says the Federal Reserve's independence has been fading for the better part of 20 years and the central bank is obligated to "play ball" to help financial markets operate.
Moody's Analytics chief economist Mark Zandi said that the impact of AI is starting to 'kick in' across the economy, particularly in hiring rates and in the tech sector. Zandi also talked about efforts to create more affordable housing, saying that it while congress is taking positive steps, it will take awhile for the US to find its way out.
According to minutes of the Federal Open Market Committee's Jan. 27-28 meeting, Federal Reserve officials signaled renewed worries over inflation with "several" policymakers suggesting the central bank may need to raise interest rates if inflation stays above their goal. Mike McKee reports.
Energy startup Heron Power has raised a $140 million Series B to build a 40-gigawatt US manufacturing facility for its advanced electrical equipment. Heron's CEO Drew Baglino discusses the demand coming from renewable power and AI data center projects. He joins Ed Ludlow on "Bloomberg Tech."
Apple is accelerating work on three new wearables, part of a shift towards AI-powered hardware, according to people with knowledge of the plans. Bloomberg's Mark Gurman joins Ed Ludlow on "Bloomberg Tech."
Tem um segundo para um cookie? 🍪Os cookies essenciais mantêm a Grafa funcionando bem. Alguns opcionais nos ajudam a ver o que está funcionando para melhorarmos. Você tem o controle — pode mudar de ideia quando quiser. Política de cookies · Política de privacidade