By Marcus Devlin
Two decades covering equity markets. Writes on single stocks, sectors, valuations and the trades behind the tape.
US stock futures edge up as investors await July jobs report
US stock futures edged higher Friday as investors awaited the July jobs report, with unemployment expected to hold at 4.2%. Traders also mon
JBS and Indonesia's wealth fund launch $2.5B Asia protein venture
Brazilian meatpacker JBS is teaming up with Indonesia's sovereign wealth fund to create a new Asia-Pacific protein venture. The deal brings
Canada stocks edge higher as traders await key jobs data
Canadian stocks edged higher Friday as traders positioned ahead of simultaneous US and Canadian jobs reports. The data could influence wheth
Pay by bank hits 120 million users as open banking goes mainstream
Swedish fintech Trustly says it now has 120 million users worldwide, including 15 million in the UK. The surge shows open banking payments a
Porsche's Strong First-Half Margins Give It a Cushion for a Weaker Second Half
Porsche's first-half profitability came in stronger than expected, with a 7.8% margin that tops its full-year guidance. But Berenberg cautio
HSBC raises Heineken target to €92 on strong Asia Pacific growth
HSBC has raised its price target for Heineken to €92 after the brewer's strong first half. Asia Pacific volumes jumped 9.3% and operating pr
Indian shares slip as oil climbs and US jobs report looms
Indian stocks slipped on Friday as financials dragged the Nifty 50 lower and oil prices firmed. Traders also watched for the US jobs report
Eutelsat's OneWeb growth fails to calm investors over cautious outlook
Eutelsat's OneWeb business is growing fast, but the satellite operator's cautious 2026/27 outlook and a margin miss overshadowed the gains.
Yum China's $1.2B Pizza Hut deal ends royalty, boosts margins
Yum China is paying $1.2 billion to acquire the Pizza Hut brand rights for Mainland China, ending a 3% royalty to Yum! Brands. The move cuts
Emerging markets hold steady as oil rises on Hormuz shipping threat
Emerging-market assets barely moved as traders waited for US jobs data, while oil ticked up 0.5% after Iran floated stricter rules for ships
Airbus needs a late-year surge to hit its 870 delivery target
Airbus delivered 67 jets in July, keeping its year-to-date total at 418. To hit its 'around 870' target, it must average roughly 90 deliveri
Thyssenkrupp investors weigh tk accelis spinoff as DWS abstains
Thyssenkrupp investors vote Friday on a plan to spin off 49% of tk accelis, its biggest division by sales. Asset manager DWS says it will ab