LSE:KITW 19 February 2026

Kitwave share price slips after margin warning as takeover vote draws closer

Kitwave shares fell 1% to 293 pence after the company reported quarterly profits below expectations and warned of ongoing margin pressure due to weak hospitality demand and higher costs. The stock now trades just below the 295 pence-per-share takeover offer, which shareholders will vote on at meetings set for Feb. 26.

19 February 2026

LSE:KITW·Stock Market

Bitcoin Hits One-Week High as Bessent Addresses Oil Price Impact
March 12, 2026, 9:46 PM EDT. Bitcoin (BTC) climbed to just below $72,000 following U.S. Treasury Secretary Scott Bessent's comments on stabilizing oil markets. Bessent announced temporary authorization for countries to buy stranded Russian oil, aiming to ease supply disruptions. This move comes amid oil prices surging nearly 10% to close to $100 per barrel, which pressured U.S. stocks. Bitcoin, resilient above $70,000 during the day, gained 2.2% in 24 hours. Meanwhile, West Texas Intermediate crude retreated $2 to $95.22 per barrel. The Treasury's intervention aims to calm volatility and reduce energy costs, influencing broader financial markets including cryptos.