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Thursday, February 19, 2026

IMF Advises Japan Against Sales Tax Cuts, Recommends Continued Rate Hikes

The IMF urges Japan to avoid sales tax cuts and continue raising interest rates, citing fiscal risks and the need for monetary policy normalization.

UK Fibre Market Set for Major Shake-Up as InfraVia, Liberty Global, and Telefónica Acquire Netomnia for £2 Billion

InfraVia, Liberty Global, and Telefónica are acquiring Substantial Group (Netomnia) for £2 billion through their nexfibre joint venture, aiming to boost UK fibre competition and investment.

Interactive Strength to Acquire Ergatta, Boosting 2026 Revenue Forecast Past $30 Million

Interactive Strength (TRNR) to acquire Ergatta in a deal valued up to $19.5 million, significantly boosting 2026 revenue projections past $30 million with a focus on recurring subscriptions and profitability.

Business

IMF Advises Japan Against Sales Tax Cuts, Recommends Continued Rate Hikes

The IMF urges Japan to avoid sales tax cuts and continue raising interest rates, citing fiscal risks and the need for monetary policy normalization.

Xi Jinping Ushers in the Year of the Horse with Festive Greetings and a Look Back at China’s Progress

President Xi Jinping extended Chinese New Year greetings for the Year of the Horse, reflecting on China's achievements in the past year and outlining future aspirations.

IMF Advises Japan Against Sales Tax Cuts, Recommends Continued Rate Hikes

The IMF urges Japan to avoid sales tax cuts and continue raising interest rates, citing fiscal risks and the need for monetary policy normalization.

UK Fibre Market Set for Major Shake-Up as InfraVia, Liberty Global, and Telefónica Acquire Netomnia for £2 Billion

InfraVia, Liberty Global, and Telefónica are acquiring Substantial Group (Netomnia) for £2 billion through their nexfibre joint venture, aiming to boost UK fibre competition and investment.

Interactive Strength to Acquire Ergatta, Boosting 2026 Revenue Forecast Past $30 Million

Interactive Strength (TRNR) to acquire Ergatta in a deal valued up to $19.5 million, significantly boosting 2026 revenue projections past $30 million with a focus on recurring subscriptions and profitability.

Lyft Acquires Free Now for $199 Million to Expand into Europe

U.S. ride-hailing company Lyft revealed plans to acquire European taxi app Free Now for 175 million euros ($199 million) in a move that will...

Tech Stocks Tumble as Tariff Fears Hit Chipmakers and AI Growth

Technology stocks saw a sharp decline on Wednesday, led by a 7% drop in Nvidia shares, as mounting concerns over U.S. export restrictions and...

AMD Faces $800 Million Hit from U.S. Export Restrictions on AI Chips

Shares of Advanced Micro Devices fell over 7% on Wednesday following a regulatory filing revealing potential charges of up to $800 million due to...

Spotify Recovers After Major Outage as User Frustrations Surge

Spotify experienced a widespread service disruption on Wednesday morning, with around 50,000 users reporting issues through Downdetector. The outage began at approximately 6:20 a.m....

Temu Slashes U.S. Ad Spend Amid Tariffs as App Store Ranking Plummets

Temu, the Chinese online retailer known for its aggressive marketing and ultra-low prices, has drastically reduced its online advertising spend in the U.S., leading...

Heineken Raises Concerns Over Tariffs Despite Strong Revenue Growth

Heineken has shifted its outlook on U.S. tariffs, signaling rising concern over potential disruptions to its operations and future investments. Earlier this year, the...

U.S. Auto Inventory Shrinks as Tariff Concerns Fuel Surge in Vehicle Sales

Vehicle inventory levels in the U.S. are declining sharply as consumers rush to purchase cars and trucks ahead of potential price hikes caused by...

JPMorgan Chase Targets Customers in State Courts Over “Infinite Money” Glitch

JPMorgan Chase has escalated its legal campaign against individuals who exploited the 2024 “infinite money glitch,” a viral incident that enabled customers to access...

Proposed SNAP Cuts Threaten Low-Income Households and Retailers

The proposed reductions to the Supplemental Nutrition Assistance Program (SNAP), formerly known as food stamps, could significantly affect both low-income families and the retail...

Nissan Aims to Maximize U.S. Production Amid Auto Tariffs

Nissan Motor’s new leader for the Americas, Christian Meunier, has outlined a clear ambition to significantly increase vehicle production in the United States, particularly...

Airlines Cut Outlook Amid Economic Uncertainty and Weaker Travel Demand

Airline executives are becoming increasingly cautious as signs of a slowing U.S. economy and softer travel demand emerge. Delta Air Lines and Frontier Airlines...

Pfizer Discontinues Weight Loss Pill Development After Liver Injury in Trial

Pfizer announced on Monday that it would end the development of its experimental weight loss pill, danuglipron, after a patient in a clinical trial...

Goldman Sachs Beats Q1 Estimates with Strong Equities Trading Revenue

Goldman Sachs reported strong first-quarter results on Monday, surpassing analysts’ expectations thanks to a significant increase in equities trading revenue. The company posted earnings...

Trump’s Support for Automakers Boosts Stock Prices Amid Auto Tariffs

Shares of major automakers closed higher on Monday following comments from President Donald Trump, who expressed support for the industry in the wake of...

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