Newswire: Feb 12, 2026 5:09 AM EST
Highlights:
• Cannabis Banking Challenges - Legal cannabis companies continue facing banking restrictions with cash-only operations, no credit card access, and prohibitive loan terms despite industry growth. Bloomberg Markets
• Citi Market Outlook - Citi's European equity strategist expects flat stock performance over 1-3 months due to elevated volatility levels, though sees market gains over six months. Bloomberg Technology
• Delhi Hotel Prices Surge - India AI Impact Summit drives hotel room prices to over $30,000 per night in Delhi's most exclusive suites as demand spikes. Bloomberg Technology
• Ukraine Energy Infrastructure - Russia conducts another large-scale airstrike on Ukraine's energy sector following Zelenskyy's comments about Moscow rejecting US-brokered ceasefire proposals. Bloomberg Markets
• Polish Mortgage Ruling - EU court allows Polish homeowners to challenge Wibor-linked mortgage fairness while ruling the benchmark itself isn't unfair, limiting bank exposure. Bloomberg Markets
• CFTC Prediction Markets - New CFTC Chairman Michael Selig discusses regulating prediction markets as financial instruments rather than gambling, including exotic Super Bowl bets. Bloomberg Technology
• Magnum Ice Cream - Shares fell 16% in Amsterdam after the former Unilever unit reported disappointing sales guidance and a large drop in operating profit. Bloomberg Markets