By Eleanor Whitfield
Former buy-side analyst. Leads the desk with a focus on global markets, macro flows and what moves portfolios.
Rocket Lab and Martin Marietta Lead $22.5 Billion M&A Wave Across Sectors
Monday saw a surge in M&A activity, led by Rocket Lab's $8 billion acquisition of Iridium and Martin Marietta's $13.5 billion deal for Lhois
Rocket Lab to Buy Iridium in $8 Billion Bet on Satellite Services
Rocket Lab is buying satellite communications provider Iridium in an $8 billion cash-and-stock deal. The merger pairs Rocket Lab's launch ca
TSX Futures Edge Up as Iran-US Tensions Ease, Gold Slips
Canada's TSX futures edged higher after Iran and the US signaled a pause in hostilities near the Strait of Hormuz. Oil steadied above $72 a
Libco Insaat Buys 32% Stake in Tekfen as Oyak Pursues Separate Deal
Libco Insaat has agreed to buy a 32.08% stake in Tekfen Holding, adding to a flurry of ownership changes. The deal comes weeks after Turkey'
Hong Kong Tech Surges on IPO Buzz from Baidu's AI Chip Unit and Momenta
Asian stocks mostly finished higher Monday, led by a 3.2% surge in Hong Kong tech after reports that Baidu's AI chip unit Kunlunxin and auto
Korn Ferry Buys UK Recruiter AMS for $1.12 Billion, Shares Rise
Korn Ferry announced a $1.12 billion deal to buy UK recruiter AMS, sending its shares up over 3% in premarket trading. The acquisition is ex
RBC: Smith & Nephew Faces Tight Path to 2026 Growth Target, Q3 Key
RBC Capital Markets warns Smith & Nephew has little room for error to achieve its roughly 6% 2026 growth target. The bank says a clear secon
AI-Driven Layoffs Spread Across Banking, Tech, and Industry as Firms Reshape Workforces
AI restructurings are driving real layoffs across major employers, from HSBC's 20,000 cuts to Amazon's 16,000. Goldman Sachs estimates 5,000
Zymeworks to Acquire Theravance Biopharma for $929 Million in All-Cash Deal
Zymeworks will acquire Theravance Biopharma for $17 per share in a $929 million all-cash deal. The transaction includes a 10-year contingent
Rupee Slips 0.1% as Indian Stock Slide Offsets Broader Asian Currency Gains
India's rupee weakened 0.1% to 94.54 per dollar on Monday, even as most Asian currencies gained. A slide in the Nifty 50 prompted foreign ba
Wall Street Rally Faces Rising Costs as Bank Financing Tightens
Wall Street's stock rally is increasingly funded by borrowed money, but Reuters reports that financing costs are rising as bank balance shee
JPMorgan CEO Succession Plan Gains Momentum as Board Eyes Rohrbaugh or Petno
JPMorgan Chase's board is actively developing a succession plan, with co-presidents Troy Rohrbaugh and Doug Petno emerging as leading candid