Trade Deal

Business

Rio Tinto and China's Chalco Forge Joint Venture to Seize Control of Brazil's CBA in $900M Deal

Mining giant Rio Tinto and state-owned Aluminum Corporation of China (Chalco) have entered a definitive agreement to acquire a controlling 68.6% stake in Brazil's Companhia Brasileira de Alumínio (CBA) from Votorantim, valuing the deal at approximately $902.6 million. The move signals a major consolidation in the global low-carbon aluminum sector.

Jan 30, 2026

Business

Taiwan's Economy Soars to 15-Year High, Fueled by AI Exports and U.S. Trade Pact

Taiwan's economy surged 8.6% in 2025, its fastest growth since 2010, driven by a global AI boom and a landmark trade agreement with the United States. While analysts project a moderation in 2026, the island's pivotal role in the tech supply chain has delivered record profits for its leading firms.

Jan 30, 2026

Business

Porsche Revs Up Middle East Presence with STARTRADER Partnership for Carrera Cup Series

Porsche has secured STARTRADER as the official partner for its Carrera Cup Middle East racing series, a strategic move to deepen engagement with performance-focused audiences in a key growth region, even as global delivery figures face headwinds.

Jan 30, 2026

World

Panama's Top Court Strikes Down CK Hutchison Port Deals, Casting Uncertainty Over Canal Terminals

Panama's Supreme Court has nullified long-held port contracts operated by a CK Hutchison subsidiary, declaring them unconstitutional. The landmark ruling throws the future of key container terminals at both ends of the Panama Canal into doubt and reverberates amid broader geopolitical tensions over global trade chokepoints.

Jan 30, 2026

Business

How a Coconut, Matt Damon, and a Bold Gamble Sealed Coca-Cola's Zico Deal

Entrepreneur Jesse Itzler's journey to selling Zico Coconut Water to Coca-Cola involved more than just a business plan. A pivotal moment came when he leveraged a casual connection with actor Matt Damon into a viral stunt that captured the beverage giant's imagination and ultimately closed the deal.

Feb 3, 2026

Business

Amgen Ends Rocatinlimab Partnership, Refocuses Pipeline as Shares Trade at Premium

Amgen has terminated its collaboration with Kyowa Kirin on the atopic dermatitis drug rocatinlimab, handing full development rights back to the Japanese partner. The strategic shift comes as Amgen's stock trades above most fair value estimates, raising questions about its current valuation amid pipeline recalibration.

Feb 3, 2026

Business

The Trade Desk: Navigating Headwinds, Betting on Programmatic's Long Game

Despite facing near-term pressures from a softer ad market and intensified competition, The Trade Desk's leadership in programmatic advertising and its scalable platform present a compelling case for patient investors eyeing the sector's structural shift.

Feb 3, 2026

Business

SpaceX to Acquire xAI in Share Swap Deal, Valuing Musk's AI Venture at Billions

Elon Musk's SpaceX is set to acquire his artificial intelligence startup xAI in a landmark share exchange, with investors offered 0.1433 SpaceX shares for each xAI share, according to a source familiar with the transaction. The deal underscores Musk's strategy of consolidating his tech empire amid fierce AI competition.

Feb 3, 2026

Business

Abbott Laboratories: A Deep Dive into the Bullish Case Fueled by a Major Options Trade

A significant institutional options trade on Abbott Laboratories (ABT) signals strong confidence in the healthcare giant's legal resilience and valuation floor, presenting a unique risk/reward opportunity for investors.

Feb 3, 2026

Business

The Trade Desk's 80% Plunge: Bargain Hunt or Value Trap for Investors?

Once a high-flying adtech darling, The Trade Desk has seen its stock crater nearly 80% from its peak amid a fierce battle with Amazon's ad juggernaut. With shares now trading at a significant discount to the market, analysts are divided on whether this marks a historic buying opportunity or signals deeper structural challenges.

Feb 2, 2026

Business

Cisco Doubles Down on AI and Green Energy with Major Infrastructure Deals

Cisco Systems is making strategic, long-term bets on the future of enterprise infrastructure, signing a major renewable energy deal in Poland and forging new AI partnerships in Asia Pacific, while upgrading campus networks with Wi-Fi 7.

Feb 2, 2026

Business

Grains in the Crosshairs: How Metals Meltdown and Dollar Woes Shape This Week's Trade

After historic sell-offs in gold and silver rattled commodity markets, traders of corn, soybeans, and wheat are navigating a landscape influenced by external financial shocks, weather threats, and shifting demand signals.

Feb 2, 2026

Southeast Asian Exporters Defy US Tariffs, Widening Trade Gap with Washington

Despite facing increased US duties, Malaysia, Thailand, and Vietnam have expanded their trade surplus with the United States over the past year, even as their deficits with China grow, highlighting shifting global trade dynamics under renewed protectionist pressures.

Feb 2, 2026

Business

SpaceX Acquires xAI in Landmark Deal, Uniting Musk's Space and AI Ambitions Under One Roof

Elon Musk's SpaceX has finalized the acquisition of his artificial intelligence venture, xAI, in a strategic move that merges the aerospace giant with the creator of the Grok chatbot. The deal, valued at a staggering $1.25 trillion, aims to accelerate AI development by leveraging shared computing resources and engineering talent from Musk's broader technology portfolio.

Feb 2, 2026

Business

Microsoft's $750M Perplexity Deal Highlights Azure's AI Ambitions Amid Investor Jitters

Microsoft secures a major cloud agreement with AI search firm Perplexity, even as its stock faces pressure following a post-earnings selloff. The deal underscores Azure's growing appeal to AI startups, but questions linger over the tech giant's capacity constraints and investment priorities.

Feb 2, 2026

Trump Pressures House GOP to Back His Shutdown Deal Amid Conservative Revolt

President Trump urges immediate House passage of a bipartisan spending deal to end the government shutdown, facing resistance from both progressive Democrats and his own party's right flank over immigration enforcement terms.

Feb 2, 2026

Business

Snowflake's Dual AI Deals Signal a New Enterprise Strategy: Hedging Bets in a Fragmented Market

Snowflake's latest multi-year agreement with OpenAI, mirroring a similar recent deal with Anthropic, underscores a growing enterprise trend: rather than picking a single AI winner, companies are building portfolios of partnerships to access diverse models and mitigate risk.

Feb 2, 2026

Business

Columbia Financial to Acquire Northfield Bancorp in $597 Million Deal, Sets 2026 Timeline for Full Public Conversion

Columbia Financial (NASDAQ: CLBK) has announced a definitive agreement to merge with Northfield Bancorp in an all-stock transaction valued at approximately $597 million. The deal, slated to close in early Q3 2026, coincides with Columbia's planned "second-step" conversion to a fully public company, a move executives say will unlock value and create a leading regional bank in the New Jersey-New York metro area.

Feb 2, 2026

Business

Myriad and AceTrader Launch $30K Prediction Contest Around High-Stakes Crypto Trading Showdown

Prediction market platform Myriad partners with crypto prop firm AceTrader, allowing users to bet on the outcomes of a million-dollar trader competition while competing for a share of a $30,000 prize pool.

Feb 2, 2026

Business

UAE's Non-Oil Trade Surpasses $1 Trillion, Narrows Gap with Saudi Arabia in Economic Diversification Race

The United Arab Emirates has achieved a milestone in its economic transformation, with non-oil trade exceeding $1 trillion for the first time in 2025. This rapid growth is closing the export gap with regional heavyweight Saudi Arabia, as both Gulf states accelerate their push beyond hydrocarbons.

Feb 2, 2026