Latest Corporate News News
US Supreme Court Strikes Down Trump's Emergency Tariffs; Global Leaders Scramble for Impact
The US Supreme Court invalidated many of President Trump's sweeping tariffs imposed under emergency powers, prompting governments worldwide to assess the fallout. South Korea's Trade Ministry called an emergency meeting Saturday, while Swiss tech exports fell 18% in Q4 due to high tariffs before the ruling
. Trump responded by signing an executive order for a new 10% global tariff under Section 122 of the 1974 Trade Act, which took effect Tuesday
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Trump Raises New Global Tariff to 15% Following Court Ruling
President Trump announced Saturday that he is raising a new global tariff to 15% from the 10% he had announced Friday, using different legal authority than the invalidated emergency powers. The move comes as Trump criticized the Supreme Court's decision as 'ridiculous, poorly written and extraordinarily anti-American,' vowing to issue 'new and legally permissible' tariffs over the coming months
. The 15% tariff under Section 122 can initially last up to five months without Congressional extension
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Global Trade Officials Grapple with Uncertain Tariff Landscape
Business leaders and government officials worldwide are scrambling to understand the new tariff rules following the Supreme Court's decision to strike down Trump's emergency tariffs. France's President Macron stated he would 'look closely at the exact consequences' of Trump's newly announced limited but global tariffs
. CEO Alan Russell of Tecma noted that uncertainty has become the 'greatest enemy,' with his company's workload surging fourfold as it manages new import requirements
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Sompo Holdings Receives Approvals for $3.5 Billion Aspen Insurance Acquisition
Sompo Holdings has obtained the necessary antitrust and insurance regulatory approvals to complete its acquisition of 100% of Aspen Insurance's Class A ordinary shares through a subsidiary. The deal, originally agreed in August 2025, represents a major consolidation in the global insurance sector
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Meiji Yasuda Group Completes $2.3 Billion Banner Life Acquisition
Japanese life insurance company Meiji Yasuda Group completed its acquisition of Banner Life Insurance Company and William Penn Life Insurance Company of New York for approximately $2.3 billion. The acquisition, which followed the initial agreement announced in February 2025, includes the U.S. term life insurance business
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Radian Completes $1.67 Billion Acquisition of Lloyd's Syndicate Inigo
Radian Group Inc. has finalized its acquisition of Inigo Limited, a specialty insurance group underwriting through Lloyd's of London, for $1.67 billion. The transaction received all required regulatory approvals at the end of 2025 and will transform Radian from a leading U.S. private mortgage insurer into a broader specialty insurance player
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AIG Completes Minority Stake Acquisitions in Convex and Onex Partnership
AIG, Onex Corporation, and Convex completed a sweeping deal giving Onex a 63% controlling stake in the specialty insurer, AIG a 35% minority stake, and a 9.9% holding in Onex. The transaction establishes a broader long-term strategic partnership including reinsurance and capital commitments
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Enstar to Acquire AF Group from Blue Cross for Undisclosed Terms
Enstar, a global insurance and reinsurance group backed by investment vehicles managed by affiliates of Sixth Street, has entered into a definitive agreement to acquire 100% of AF Group from Blue Cross Blue Shield of Michigan. The transaction is expected to close within the coming months subject to customary closing conditions
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Swiss Re Corporate Solutions to Acquire QBE's Global Trade Credit Unit
Swiss Re Corporate Solutions announced plans to acquire QBE's Global Trade Credit and Surety unit, continuing consolidation trends in the specialty insurance sector. The deal represents a strategic move to expand Swiss Re's commercial insurance capabilities
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TLGY Acquisition Corp. Advances Business Combination with StablecoinX
TLGY Acquisition Corporation announced the effectiveness of its registration statement for the proposed business combination with StablecoinX and StablecoinX Assets Inc., with shareholders meeting scheduled for March 10, 2026. The parties anticipate the business combination will close in Q1 2026, creating an infrastructure software and services business focused on the Ethena protocol
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Warren Buffett Indicator Signals Market Valuation Concerns; Stock Market Caution Grows
The Warren Buffett indicator has reached 220.1%, higher than levels seen before the 2022 market decline, prompting warnings from Capital Economics and Goldman Sachs about potential S&P 500 declines if earnings growth slows. Rising interest rates, slowing corporate earnings, and high valuations have increased investor caution, with some stocks like Trex declining over 35% in the past year as demand weakened
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