Latest Business News
IMF Projects Steady Global Growth at 3.3% for 2026
The IMF's January 2026 World Economic Outlook update forecasts global growth at 3.3%, up 0.2 points from October, driven by stronger US and China performance despite tariffs. US benefits from AI tech investment boom offsetting trade impacts, while China hits 5% GDP in 2025 with 4.5% expected in 2026.
Resilience shown amid trade disruptions and uncertainty.
Cenovus Considers $2 Billion Asset Sale to Cut Debt
Cenovus Energy is exploring selling Alberta assets worth $2 billion to reduce debt after $6.2 billion MEG Energy acquisition. The merger expands its heavy oil operations in Christina Lake and Canadian oil sands.
Company plans 4% production hike in 2026, focusing on oil sands investments.
World Bank Highlights Global Economy Resilience in 2026
The World Bank's January 2026 Global Economic Prospects notes last year's unexpected resilience in trade and emerging markets. Medium-term growth subdued amid policy uncertainty and geopolitics.
Discussion focuses on sustaining momentum and needed policies for jobs and stability.
Five Key Drivers Fueling 2026 M&A Market Surge
M&A activity gains momentum in 2026, driven by strategic buyers seeking synergies in innovation and technology. Private equity returns with add-ons and roll-ups in fragmented industries targeting $10-100M revenue firms.
International buyers increase US acquisitions for supply chains and stable markets.
One-Third of Canadian Leaders Plan Major 2026 Acquisitions
KPMG survey reveals 33% of Canada's business leaders pursuing major deals in 2026, focusing on infrastructure, energy, and critical minerals. This signals robust M&A outlook in key sectors.
Insurance Industry Braces for Robust M&A in 2026
Debevoise predicts larger global insurance M&A deals in 2026 after active 2025, with capital from Japan, Europe, Middle East. Deregulation and AI in underwriting expected to drive activity.
OECD Pillar 2 safe-harbor benefits US firms from January 1, 2026.
US AI Investments Boost Growth Despite Tariffs
IMF notes US growth outperforms Europe due to AI tech boom in business investment, countering tariff impacts. Projections revised upwards since April 2025.
China's 2025 GDP Hits 5%, 4.5% Forecast for 2026
China reports 5% GDP growth for 2025, matching IMF projection with upward revision; 2026 at 4.5%. Tech wins like AI offset trade headwinds in Asia.
Private Equity Targets Add-Ons in Fragmented Sectors
PE firms re-enter M&A with focus on roll-ups for platform companies, boosting valuations through growth and scale. Strategic fit prioritizes even small businesses.
Bermuda Adapts Tax Regime Amid Insurance M&A
Bermuda's new CIT effective 2025 includes credits and CFC guidance, reacting to global Pillar 2 rules impacting insurance deals. OECD safe-harbor aids multinationals.
Strategic Buyers Chase Growth Via Acquisitions
Public companies aggressively acquire for tech, innovation, regional expansion as organic growth slows. Size less critical than strategic fit.
Cross-Border M&A Rises with International US Interest
Sovereign wealth funds and foreign buyers target US firms for supply chains, tech, infrastructure. CEOs advised to consider inbound offers.