By Eleanor Whitfield
Former buy-side analyst. Leads the desk with a focus on global markets, macro flows and what moves portfolios.
Eli Lilly in Talks to Buy AtaiBeckley for Over $2 Billion, Shares Surge 50%
Eli Lilly is negotiating to buy AtaiBeckley, a psychedelic drug developer, for over $2 billion, Bloomberg reports. AtaiBeckley shares jumped
Hero MotoCorp Enters German Market Through KSR Group Partnership
Hero MotoCorp is entering Germany through a partnership with KSR Group, selling premium models like the XPulse 200 4V across 28+ sales and s
7-Eleven Owner Seven & i in Talks for Double-Digit Stake in Poland's Zabka
Seven & i, the Japanese owner of 7-Eleven, is reportedly in late-stage talks to acquire a double-digit stake in Poland's Zabka Group. The de
Big US Banks Post Strong Quarter as Deal Fees Hit Highest Since 2021
Big US banks reported strong second-quarter results, with investment banking fees hitting their highest level since 2021. Mega IPOs and vola
BofA Upgrades Imperial Brands as Australia Drag Fades, Sees 3-5% EBIT Growth
Bank of America upgraded Imperial Brands to buy, saying Australia's drag on earnings is fading. Australia now represents only about 1% of re
Dunelm Sales Rise 2.9% on Garden Buys, DFS Orders Slip 4.4% as UK Shoppers Hold Back on Big Furniture
UK homewares retailer Dunelm lifted sales 2.9% to £428 million in the April-June quarter, helped by a heatwave that drove online garden buys
Malaysia's KLCI Rises 0.5% as US Inflation Cools, Boosting Emerging Market Sentiment
Malaysia's KLCI closed 0.5% higher at 1,722.19 as cooler US inflation data boosted emerging market sentiment. Gamuda rose on a dividend rein
Dealmakers Reshape Pharma, Robotics, and Delivery with Multi-Billion Takeovers
From Angelini Pharma's $4.1 billion Catalyst purchase to Uber's $14.8 billion bid for Delivery Hero, a string of takeovers is reshaping phar
Thames Water Draws Final £677M Lifeline as Cash Runs Out in November
Thames Water is drawing the final £677 million from its £3 billion lender lifeline after warning it could run out of cash by November. The u
EQT Raises Kakaku.com Bid to ¥3,460, Extends Tender in Bidding War
EQT has raised its takeover bid for Japanese price-comparison site Kakaku.com to 3,440-3,460 yen per share, surpassing a competing offer fro
BlackRock Backs SP Group's First Dollar Bond at 14.5% Yield in High-Stakes Refinancing
India's Shapoorji Pallonji Group has raised $650 million in its first dollar bond, yielding 14.5%, with BlackRock participating. The three-y
Telenor Shares Plunge 12% After Cutting 2026 Targets on Weak Quarter
Telenor shares fell 12% after the Norwegian telecom operator missed earnings expectations and cut its 2026 outlook. The company cited slower