Newswire: Feb 16, 2026 9:35 AM EST

Highlights:

• Euro-area finance ministers advocate expanding the euro's global role amid dollar weakness and market turbulence under the Trump administration. Bloomberg Markets

• France urges caution on bolstering the euro's international standing, calling for an assessment of the economic risks before moving forward. Bloomberg Markets

• Elon Musk's X platform hit by widespread outage — thousands of users reported access issues Monday, per Downdetector. Bloomberg Technology

• US banks face new mortgage capital requirements as the Federal Reserve nears release of its long-awaited Basel III-linked proposal. Bloomberg Markets

• Aberdeen to vote against €7.8B InPost buyout, arguing the consortium's offer undervalues the Polish parcel locker operator's intrinsic worth and growth prospects. Bloomberg Technology

• Banks preparing ~€4B debt sale to back Carlyle's acquisition of BASF's coatings unit, financing one of the larger European leveraged buyouts in recent months. Bloomberg Markets

• European coal futures rise for a fourth session following a drone strike on a Russian Black Sea export port and tighter supply from Indonesia. Bloomberg Markets

• World Bank slashes commercial funding for Kenya's housing program by nearly two-thirds, cutting the amount it planned to help mobilize from commercial lenders. Bloomberg Markets

• Austria backs standard timeline for appointing the next ECB president, with Finance Minister Marterbauer opposing any acceleration of the process. Bloomberg Markets

• Fortress Investment Group is structuring its latest private debt fund to attract insurers, adding features tailored to insurance-company investors for a vehicle focused on direct corporate loans. Bloomberg Markets