Whirlpool Forecasts Annual Loss as Third-Quarter Sales Fall 8.8%
The appliance manufacturer reported a $249 million loss attributable to common shareholders, lowered its 2026 outlook and announced further price increases in major markets.
Saturday, 7 November 2026
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Amkor Technology Sets Softer Fourth-Quarter Outlook Despite Higher Profit
The US semiconductor packaging company reported $1.99 billion in quarterly sales and improved margins, but its next-quarter forecast fell below market expectations.
Cadence Raises 2026 Outlook After 22% Third-Quarter Revenue Growth
The chip-design software provider reported $1.63 billion in quarterly sales and an $8.2 billion order backlog while highlighting growing demand for AI-related engineering tools.
Celestica Forecasts $40 Billion in 2027 Revenue After 83% Quarterly Sales Surge
The Canadian electronics manufacturer lifted its 2026 forecast and projected a near-doubling of sales next year, citing demand for AI and data-centre infrastructure.
US Stocks Close Higher on October 26 as Nasdaq Gains 0.8% Ahead of Tech Earnings
The Nasdaq, S&P 500 and Dow all finished Monday higher as technology shares recovered and investors awaited major corporate results and a Federal Reserve decision.
Microsoft Offers Voluntary Buyouts to About 60,000 Employees Across Four Countries
Eligible workers in the United States, Canada, Britain and India can apply for voluntary exit packages; the company has not set a target for how many will leave.
Verizon Signs More Than $2 Billion AWS AI Network Agreement and Raises 2026 Outlook
The US telecom group disclosed a fiber-network agreement with Amazon Web Services alongside stronger subscriber additions and higher annual earnings guidance.
Canada's Arctic Gateway, CentrePort and DP World Sign Churchill Trade Corridor Agreement
The three partners signed a memorandum to study better links between the Port of Churchill, Manitoba's inland logistics hub and DP World's international network; no construction commitment was announced.
Tempus AI Secures EU Class C Certification for xR RNA Cancer Profiling Assay
The company's RNA sequencing test received certification under Europe's IVDR framework, supporting continued access for eligible diagnostic uses beyond the 2028 transition deadline.
India's BPCL Expects Russian Crude Purchases to Fall in November as Costs Rise
The state-owned refiner says higher shipping costs have made some Russian cargoes less attractive than Middle Eastern alternatives, while planned maintenance could also affect refinery runs.
Brazil's Itaú Agrees to Buy AI Startup NeoSpace for R$2.925 Billion
The Brazilian bank's agreement to acquire the artificial-intelligence developer would extend an existing partnership, with completion still subject to competition and central-bank approvals.
European Pilot Survey Finds Nearly One in Four Fly Despite Excessive Fatigue
A survey of about 7,200 airline pilots found 24% routinely continued flying when they felt unfit because of fatigue, prompting calls for stronger reporting protections and oversight.
European Wholesale Gas Prices Reach Highest Levels Since 2022 as Winter Nears
Dutch benchmark gas futures climbed to about €97 per megawatt-hour on October 26, while Europe's storage levels remained below seasonal norms and traders weighed supply risks.
Brazil's Ibovespa Drops More Than 17% in Midday Trading After Exchange Halt
Brazilian shares extended their slide after a 30-minute trading suspension, with the benchmark down 17.22% around 11:30 a.m. in São Paulo as investors reassessed the election result.
EQT Agrees to Acquire Range Resources in $13 Billion All-Stock Deal
The proposed combination would create a US natural gas producer with an enterprise value above $50 billion, subject to shareholder and regulatory approvals.
Corxel and Amanat Agree to US Stock Market Merger With $300 Million Financing
The proposed business combination would take Corxel's US obesity-drug unit public and could provide about $377 million before costs if investors do not redeem shares.
Australia's Ingenia Receives A$2.2 Billion Takeover Proposal From AVID
AVID has offered A$5.35 per stapled security, potentially rising to A$5.40 with a permitted distribution, as competing bids reshape Ingenia's options.
Anthropic Files Public IPO Registration, Plans Nasdaq Listing Under ANT Symbol
The AI developer has submitted a Form S-1 for a proposed stock offering but has not yet set the number of shares or price range, leaving the timing and size of its debut open.
Ovintiv Agrees to Acquire Canada's Logan Energy for About $890 Million
The oil and gas producer plans to pay C$1.40 per share for Logan, adding Montney acreage and production in a transaction expected to close in early 2027 subject to approvals.
Meta Plans Up to $95 Billion in Equity Sales to Finance AI Expansion
The Facebook parent has launched roughly $35 billion in stock and preferred-share offerings and outlined a further $60 billion share-sale programme as it funds expanding AI infrastructure.