By Eleanor Whitfield
Former buy-side analyst. Leads the desk with a focus on global markets, macro flows and what moves portfolios.
Ocado Pursues New US Retail Partners After Kroger, Sobeys Scale Back
Ocado is hunting for new US retail partners after Kroger and Sobeys scaled back plans for its robotic fulfillment centers. Half-year results
BHP's Copper Output Cut Drags Australian Market to Flat Close
BHP's copper production outlook for fiscal 2027 fell short of expectations, causing its shares to drop over 2%. The decline weighed on Austr
TSMC Invests Another $100 Billion in Arizona, Boosts 2026 Capex Forecast
TSMC is pouring another $100 billion into Arizona to build its most advanced chips and expand packaging capacity. The chipmaker also raised
Asia Chip Selloff Triggers KOSPI Trading Halt as TSMC Earnings Loom
South Korea's KOSPI sank as much as 7.6%, triggering a sidecar trading halt, as chip stocks tumbled ahead of TSMC earnings. The selloff high
Uber to Acquire Delivery Hero in $14.8 Billion Deal, Closing Expected by 2027
Uber has struck a deal to acquire Delivery Hero for $14.8 billion, offering €41.50 per share. The transaction, funded by a €14 billion bridg
ABB's $5.5 Billion Cash Deal for Rotork Is Its Largest Acquisition Ever
ABB is buying Rotork for $5.5 billion in cash, its biggest acquisition ever. The Swiss engineering firm is using proceeds from last October'
Gold Slips as Oil Surge Keeps Fed Rate Hike on the Table for December
Gold slipped Thursday as oil surged 11% this week on escalating US-Iran tensions, keeping inflation fears alive. Traders now see a 73% chanc
Japan's Long Bonds Wobble as Oil Rekindles Inflation Fears
Japan's longest-dated government bonds fell on Thursday, pushing yields up as oil rose on renewed US-Iran tensions and a Bank of Japan surve
China Chip Stocks Slide, Hong Kong Tech Jumps on Alibaba-Apple AI Deal
Mainland Chinese indexes slipped at midday as chip stocks sold off across Asia, but Hong Kong tech surged after Alibaba said its Qwen AI mod
Csquare Prices IPO at $21, Raising $1.05 Billion in AI Infrastructure Bet
Csquare priced its IPO at $21 a share, below the $23-27 range, yet raised $1.05 billion. The data center operator's debut highlights strong
Aussie and Kiwi Hold Near Multi-Week Highs as Fed Rate Hike Bets Fade
The Australian and New Zealand dollars are holding near multi-week highs as traders dial back expectations for further Federal Reserve rate
China's Yuan Retreats as PBOC Sends Subtle Curb on Currency Strength
China's yuan pulled back from a one-month high after the central bank set a daily midpoint well below market expectations. The move signals