By Eleanor Whitfield
Former buy-side analyst. Leads the desk with a focus on global markets, macro flows and what moves portfolios.
Ghana Completes Final Bond Swap in Debt Restructuring, Investors Take 39% Haircut
Ghana has completed the last bond swap in its debt restructuring, with investors unanimously agreeing to exchange $253.2 million in health-s
Smartphone Shipments Hit 11-Year Low as AI Data Centers Gobble Up Memory Chips
Global smartphone shipments dropped 11% in the second quarter, hitting their lowest level for the period since 2013. The slump comes as AI d
First Hawaiian to Acquire TriCo Bancshares in $2 Billion All-Stock Deal, Expanding California Footprint
First Hawaiian Bank is acquiring TriCo Bancshares in a $2 billion all-stock deal, paying a 17.7% premium. The merger will create a $34 billi
First Hawaiian to Buy TriCo Bancshares in All-Stock Deal, Creating $34B Regional Bank
First Hawaiian has agreed to buy California-based TriCo Bancshares in an all-stock deal. TriCo shareholders will receive 2.095 First Hawaiia
Indian Stocks Flat as IT Gains Offset Oil and Rupee Pressure
Indian stocks recovered from a near-1% early drop to close flat, driven by IT sector gains. However, rising oil prices and interest rates pu
European Stocks Edge Lower as Strait of Hormuz Tensions Boost Oil, Weigh on Tech
European stocks edged lower Monday as fresh military action in the Persian Gulf kept investors focused on Strait of Hormuz risks. Brent crud
Defense Metals Explores Partnerships and Offtake Deals for Wicheeda Rare Earth Project
Defense Metals is actively exploring partnerships, funding, and offtake deals for its Wicheeda rare earth project in British Columbia. The c
Plus500 Shares Tumble 16% After Full-Year Forecast Fails to Excite Despite Strong First Half
Plus500 shares dropped sharply after the online trading platform maintained its full-year guidance in line with analyst forecasts. The move
Meta Expands Louisiana AI Data Center to 5 Gigawatts, $50 Billion Investment
Meta's Hyperion AI data center in Richland Parish, Louisiana, is being scaled up to 5 gigawatts of computing capacity and over $50 billion i
Indian IT Stocks Rally on TCS and L&T Deals, Nifty 50 Erases Early Losses
Indian stocks rebounded from early losses as IT shares rallied on new partnerships at TCS and L&T Technology Services. The Nifty 50 closed b
Asian Markets Slide as Oil Surge and Chip Rout Hit South Korea Hardest
Asian stocks mostly fell Monday as oil prices surged on geopolitical tensions, hitting South Korea's chip-heavy market especially hard. The
Bank of America Sees Computacenter as AI Infrastructure Powerhouse, Initiates Buy
Bank of America initiated coverage of UK IT services firm Computacenter with a buy rating, highlighting its growing role in complex AI data