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  • Berkshire Hathaway Buys OxyChem For $9.7 Bln January 02, 2026 10:45 ET

    Berkshire Hathaway Inc. (BRK-A), Friday announced that it has completed the acquisition of OxyChem, a manufacturer of essential chemicals, from Occidental for $9.7 billion. Following this acquisition, OxyChem will continue to be managed by Wade Alleman, OxyChem president and Chief Executive Officer. Headquartered...

  • Neo Performance Materials To Pay EUR 7.1 Mln To Rhodia To Settle Patent Related Litigation January 02, 2026 10:34 ET

    Neo Performance Materials Inc. (NOPMF.PK), Friday announced that its subsidiaries, Neo Chemicals & Oxides Ltd., NPM Silmet OÜ and NPM C&O Europe OÜ, have entered into a settlement agreement with Rhodia Opérations S.A.S to resolve the outstanding litigation related to certain European Patents. As per...

  • Duke Energy Plans To Implement Customer Bill Changes January 02, 2026 10:16 ET

    Duke Energy Corp. (DUK), Friday announced its plan to implement changes to customer bills that reflect investments made to recover from the historic damage from Hurricane Helene. Additionally, it aims to strengthen the grid against storms and outages, maintain and upgrade its power generating fleet,...

  • Dana Completes Divestiture Of Its Off-Highway Business To Allison Transmission For $2.7 Bln January 02, 2026 09:31 ET

    Dana Inc. (DAN), Friday announced that the company has completed sale of its Off-Highway business to Allison Transmission Holdings, Inc. (ALSN) for $2.7 billion. The company expects this divestiture, along with cost-reduction plan, to strengthen balance sheet, improve margins, reduce complexity, and...

  • Travelers Companies Completes Transaction With Definity Financial Related To Travelers Canada January 02, 2026 08:59 ET

    The Travelers Companies, Inc. (TRV) completed its sale of the personal insurance business and the majority of the commercial insurance business of Travelers Canada to Definity Financial (DFY.TO) for approximately $2.4 billion. Travelers expects to use approximately $0.7 billion of the net cash proceeds...

  • Rivian Automotive Announces Q4, FY25 Production And Delivery Totals In Line With Its Expectations January 02, 2026 08:53 ET

    Rivian Automotive, Inc. (RIVN), Friday announced production and delivery totals for the quarter and year ending December 31, 2025. During this period, the company produced 10,974 vehicles at its manufacturing facility in Normal, Illinois and delivered 9,745 vehicles during the same period. Meanwhile,...

  • A2Z Cust2Mate Solutions Chairman Bentsur Joseph Steps Down January 02, 2026 07:48 ET

    A2Z Cust2Mate Solutions Corp. (AZ), Friday announced that Bentsur Joseph has resigned from his role as Director and Chairman of the Board of Directors of the company and all its subsidiaries, effective December 31, 2025. Following this, the company's Chief Executive Officer Gadi Graus has been appointed...

  • GoldMining President Paulo Pereira Resigns; CEO Alastair Still Assumes Role January 02, 2026 07:35 ET

    GoldMining Inc. (GLDG), on Friday announced that President Paulo Pereira has resigned from the role to assume as Country Manager in Brazil. The company has appointed Chief Executive Officer Alastair Still, who will assume the additional role of President effective from January 1. Paulo has been...

  • Innocan Pharma To List On NYSE American With Concurrent Offering January 02, 2026 07:20 ET

    Innocan Pharma (INNPF) announced that it anticipates to list on NYSE American on or around January 7, 2026. Innocan is also conducting a concurrent offering of its securities. Innocan expects that its common shares will continue to trade on the OTC Markets' OTCQB until the close of the market on...

  • Denison Mines Ready To Launch Phoenix ISR Uranium Project January 02, 2026 06:40 ET

    Denison Mines Corp. (DNN, DML.TO) announced that, pending final regulatory approvals, it is prepared to make a final investment decision (FID) and begin construction of the proposed Phoenix In-Situ Recovery (ISR) uranium mine. Significant progress in regulatory, engineering, and construction planning...

  • Seplat Energy Shareholder Maurel & Prom To Sell 20.07% Stake To Heirs Energies January 02, 2026 03:07 ET

    Seplat Energy Plc (SEPL.L), on Friday announced that its founding shareholder, Etablissements Maurel & Prom S.A. (MAU.PA), a French independent oil and gas exploration and production company, has entered into a binding agreement to sell its 20.07% equity stake to Heirs Energies Ltd. for $496 million....

  • Skanska, Flatiron JV Secures $868 Mln LA International Airport Roadway Improvements Contract January 02, 2026 02:39 ET

    Skanska AB (SKSBF.PK, SKAb.ST, SKBSY), a construction and development company, on Friday said that it has, through a joint venture with Flatiron Health, Inc., signed an additional contract with Los Angeles World Airports for the Airfield and Terminal Modernization Program Roadway Improvements project...

  • Mutares Completes Greer Steel Acquisition January 02, 2026 02:24 ET

    Mutares SE & Co. KGaA (MUX.DE, MUTRF), a Germany-based holding company, on Friday said it has completed the acquisition of Greer Steel Co, Inc., a provider of cold-rolled strip steel, from Greer Industries, Inc., for undisclosed terms. The company said that the transaction strengthens its Engineering...

  • Skanska Signs Additional Contract With Client To Build Data Center In USA January 02, 2026 02:00 ET

    Skanska (SKAb.ST) said it has signed an additional contract with an existing client to build a data center in USA. The project involved constructing high bay areas for data halls, electrical rooms, mechanical rooms, loading dock, office and storage areas. Construction is expected to be completed in 2027....

  • Ecovyst Completes Sale Of Advanced Materials & Catalysts Segment To Technip Energies January 02, 2026 01:19 ET

    Ecovyst Inc. (ECVT), a provider of virgin sulfuric acid, sulfuric acid regeneration services and ex-situ catalyst activation services, announced that it has completed the sale of its Advanced Materials & Catalysts segment to Technip Energies. Ecovyst expects net proceeds after taxes and transaction...

Global Economics Weekly Update - December 22 - 26, 2025

December 26, 2025 08:42 ET
Third quarter economic growth data from some major economies including the U.S. were the main news in this holiday shortened week. GDP growth and industrial production data from the U.S. helped to boost morale, while the consumer confidence survey results were less upbeat. In Europe, the quarterly economic growth data from the U.K. drew attention, while the minutes of the Australian central bank’s latest policy session was in focus in Asia.