Latest Corporate News News
US Q4 GDP Revised Down to 0.7%, Missing Consensus Expectations
The United States revised fourth-quarter GDP down to just 0.7% from the 1.4% advance estimate, marking half the consensus forecast, as the October-November government shutdown sharply reduced exports, consumer spending, and investment. The GDP price index rose 3.8%, exceeding inflation expectations
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Canada Posts Worst Non-Pandemic Jobs Report on Record
Canada shed 83,900 jobs in February—the worst non-pandemic monthly decline in over four years—with full-time positions collapsing by 108,400 and the unemployment rate rising to 6.7%. This significantly missed the consensus expectation of a 10,300 job gain
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Eurozone Industrial Production Crashes 1.5% in January
Eurozone industrial production fell 1.5% month-over-month in January, far exceeding expectations for a 0.6% decline and marking the steepest drop since April 2025. On a yearly basis, output fell 1.2% against forecasts for +1.4% growth, with Germany, Italy, and Spain all contracting
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Paramount Wins $170 Billion Bidding War for Warner Bros.
Paramount secured a monumental $170 billion victory over Netflix in a bidding war for Warner Bros., representing a transformative acquisition among numerous megadeals announced this quarter. This headline transaction reflects aggressive M&A activity despite recent market volatility
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Oil Surges Past $100 as Iran Closes Strait of Hormuz
Oil prices surged with Brent crude crossing $103 and WTI crude settling at $98.71, up 3.1%, following Iran's new supreme leader vowing to keep the Strait of Hormuz sealed. The geopolitical tension continues to drive energy market volatility and inflation concerns
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Google Spins Off GFiber, Merging with Astound Broadband
Alphabet Inc. announced on March 11, 2026, a major strategic shift to merge its GFiber unit (formerly Google Fiber) with Astound Broadband, representing a significant restructuring of its broadband operations. The deal marks a shift in Alphabet's infrastructure strategy
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Haleon Invests $86 Million in New Shanghai Oral Health Manufacturing Site
UK-based company Haleon is strengthening its commitment to China's booming health market with a ÂŁ65 million ($86 million) investment in a state-of-the-art oral health manufacturing site in Shanghai. The strategic expansion targets surging demand in China's fast-growing tier-2 and tier-3 cities where rising incomes are driving consumer health product demand
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Stock Market Records Third Consecutive Weekly Loss Amid Economic Concerns
The S&P 500 fell 0.61% to 6,632, notching a new 2026 low and completing its first three-week losing streak in approximately one year. Weak economic data and geopolitical tensions pushed Wall Street lower while the 10-year Treasury yield held near 4.26% despite growth concerns
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Inception Growth SPAC Extends Deadline by One Month to April 13, 2026
Inception Growth Acquisition Limited deposited $12,203.33 into its trust account on March 12, 2026, to extend its business combination deadline by one month from March 13 to April 13, 2026. The extension provides additional time for the SPAC to complete a business combination
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Global M&A Activity Reaches Record Highs with Multiple Megadeals Announced
The 2026 M&A landscape features numerous deals exceeding $5 billion, including Boston Scientific acquiring Penumbra for $14.5 billion, Banco Santander acquiring Webster Financial for $12.2 billion, and Zurich Insurance acquiring Beazley for $11 billion. Despite market uncertainties, acquirers aggressively target AI infrastructure, data moats, and sovereign AI capabilities across various sectors
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