By Eleanor Whitfield
Former buy-side analyst. Leads the desk with a focus on global markets, macro flows and what moves portfolios.
ADNOC and Vertex Lead Busy M&A Day with $11 Billion in Deals
ADNOC Distribution agreed to buy Shell's South Africa downstream business for about $1 billion, and Vertex struck a roughly $10 billion deal
Fiserv Explores STAR Network Sale; HSBC Reviews Turkey Business
Fiserv is reportedly exploring a sale of its STAR Network debit payments unit, sending shares higher. Meanwhile, HSBC has launched a review
Big Tech Turns to Debt Markets as AI Infrastructure Spending Nears $700 Billion
Amazon, Alphabet, and Meta are tapping bond markets and equity to finance a massive wave of AI data centers. Total spending could exceed $70
RBC Sees Marvell's AI Networking Growth Extending Through 2027
RBC Capital Markets says Marvell can keep growing more than 40% a year for the next three years. The bank cites AWS as an anchor for its cus
RBC Initiates Colruyt Coverage with Sector-Perform Rating as Belgian Grocery Price War Eases
RBC Capital Markets has initiated coverage of Belgian grocer Colruyt Group with a sector-perform rating and a €37 price target. The bank bel
Dollar Edges Higher as Traders Brace for Key US Data and Central Bank Meetings
The US dollar edged higher Tuesday as traders awaited a slate of US economic data. Against the yen, the dollar slipped to 161.94, with focus
Tech Futures Slide as Strait of Hormuz Missile Reports Push Oil Higher
Nasdaq futures dropped 1.1% as reports of missiles striking commercial vessels near the Strait of Hormuz pushed Brent crude up 1% to $72.69.
Auto1's €236 Million Loan Securitization Sees Strong Demand, Boosting In-House Lending Plans
Auto1 Group's latest consumer auto-loan securitization, FinanceHero 3, raised €236.3 million and was 2.8 times oversubscribed. Analyst Mwb R
Amazon Now's Fastest Growth Comes from Brazil's Fresh Food Delivery
Amazon's quick-commerce service, Amazon Now, is seeing its fastest growth in Brazil, driven by strong demand for fresh and frozen groceries.
BlackRock Launches Nasdaq 100 ETF IQQ to Challenge Invesco's QQQ
BlackRock is entering the Nasdaq-100 ETF race with IQQ, launching Thursday at $24 per share. The move intensifies competition with Invesco's
National Bank of Canada Sees Loonie Rebound Delayed Until 2027
National Bank of Canada says Canada's stronger growth and jobs data are positive for the loonie, but a sustained rebound likely won't come u
RBC Makes Minor Tweaks to Elis Forecasts Ahead of H1 Results, Keeps €27.50 Target
RBC Capital Markets has made small adjustments to its forecasts for Elis ahead of the company's first-half results on July 29. The bank kept