Latest Business News
IMF Revises Global Growth Projections Downward for 2025-2026
The IMF's upcoming World Economic Outlook Update projects global growth slowing to 3.2% in 2025 and 3.1% in 2026 from 3.3% in 2024, due to volatile policy measures and fading temporary supports. Advanced economies are expected at 1.5% growth, emerging markets above 4%, with inflation declining but above target in the US.
Risks include protectionism, debt vulnerabilities, and labor shocks, urging credible policies and trade diplomacy.
Glencore and Rio Tinto Resume $260 Billion 'Glen Tinto' Merger Talks
Mining giants Glencore and Rio Tinto have restarted preliminary discussions on a potential $260 billion merger, potentially the largest in mining history. Talks, the third round since 2014, face hurdles on valuation, leadership, and coal assets, with Rio Tinto needing to confirm intentions by February 5.
A combined entity would dominate copper, aluminum, and other metals amid rising demand.
WEF Economists Predict Weakening Global Conditions in 2026 Despite Modest Improvement
World Economic Forum chief economists foresee weakening global economic conditions in 2026, driven by high asset valuations, debt, geoeconomic shifts, and AI deployment. Uncertainty surrounds AI stocks, with 52% expecting declines, though productivity gains anticipated soon in IT, finance, and other sectors in US and China.
Key trends include surging AI investment, critical debt thresholds, and trade realignments.
Coeur Mining Advances $7 Billion Merger with New Gold Amid Legal Challenges
Coeur Mining released supplemental disclosures on its $7 billion merger with New Gold, set for shareholder vote on January 27, 2026, following two lawsuits filed in New York courts. New Gold shareholders would receive 0.4959 Coeur shares per share, gaining 38% ownership; ISS recommends approval.
Moody's is reviewing both for potential upgrades, amid gold price pullbacks.
CCL Industries Agrees to Acquire ALT Technologies for Design Expansion
CCL Industries Inc. signed an agreement to acquire ALT Technologies to bolster its CCL Design division, announced January 16, 2026. The deal aims to enhance capabilities in a competitive market.
Details on terms remain undisclosed in initial reports.
Amgen Acquires Dark Blue for $840 Million to Gain AML Drug
Amgen bought UK biotech Dark Blue for $840 million, securing an acute myeloid leukemia drug in early January 2026. This bolsters Amgen's oncology pipeline amid active pharma M&A.
The deal highlights ongoing consolidation in biotechnology.
President's 10% Credit Card Rate Cap Proposal Faces Lawmaker Pushback
The US President's proposal for a yearlong 10% cap on credit card rates, announced late last week, is drawing opposition from lawmakers. This could impact consumer finance and banking sectors significantly.
Debates center on feasibility and economic effects.
IMF Warns of Downside Risks from Protectionism and Fiscal Vulnerabilities
IMF highlights downside risks to global growth from prolonged uncertainty, more protectionism, labor shocks, and fiscal issues in its January preview. Policymakers urged to rebuild buffers, preserve central bank independence, and pursue structural reforms.
Industrial policy considered but with caution on costs.
WEF Flags Surging AI Investments as Key 2026 Economic Driver and Risk
WEF's Chief Economists' Outlook notes surging AI investments shaping 2026, with fast adoption in IT, finance, healthcare; 52% expect AI stock declines. Productivity gains expected within 2 years in US/China, varying by sector.
Calls for agility in navigating uncertainties.
Mining M&A Heats Up with Copper Supply Crunch Driving Glen Tinto Interest
Resumed Glen Tinto talks timed with need for 750kt annual copper supply additions to 2035, per CRU estimates. Combined Rio Tinto-Glencore would lead in aluminum and trading too.
Valuation disputes may delay, with all-share structure likely.
Active Merger Calendar Signals Robust 2026 M&A Activity Start
Merger arbitrage calendars show heavy January 2026 activity, including Coeur-New Gold vote and ongoing megadeals. Multiple filings and announcements indicate continued consolidation.
Investors tracking for arbitrage opportunities.