By Marcus Devlin
Two decades covering equity markets. Writes on single stocks, sectors, valuations and the trades behind the tape.
Canal+ revenue edges up as MultiChoice losses narrow and cost savings mount
Canal+ posted modest revenue growth of 0.6% to €4.29 billion in its latest half-year results. The French TV group benefited from a slower de
Stellantis sells Free2move car-sharing unit to Mutares to refocus on core auto business
Stellantis is selling its Free2move car-sharing business to Germany's Mutares, with the deal expected to close by year-end. The move marks a
Rakbank's Q2 Profit Beat Keeps FAB Securities Bullish on Stock
Rakbank reported a 5.4% rise in second-quarter net profit to 702 million dirhams, beating FAB Securities' estimate of 552 million dirhams. T
ASX 200 climbs as RBA governor's measured tone eases rate hike fears
The ASX 200 gained 0.6% after RBA Governor Michele Bullock struck a calmer tone, saying the economy is adjusting as expected. Traders scaled
Air Liquide holds margin targets after first-half profit rise
Air Liquide posted a rise in first-half recurring operating profit to 2.89 billion euros and stuck to its plan to keep lifting margins throu
South African rand firms as oil drop eases pressure, bond auctions in focus
The South African rand strengthened after oil prices fell, recovering some of last week's losses. Investors are now focused on upcoming bond
Rupee Holds Near Two-Week High as Oil Drop and RBI Action Lend Support
The Indian rupee held near a two-week high on Tuesday, helped by cheaper oil and RBI dollar selling. Markets are now focused on the Federal
Mercedes-Benz profit rises 22% but China weakness clouds 2026 outlook
Mercedes-Benz reported a 22% rise in Q2 operating profit to €1.5 billion, but warned that slowing demand in China is hurting its core car bu
China chip and AI stocks slide as investors rethink the AI trade
China's mainland chip and AI stocks dropped at the midday break as investors weigh the costs of AI buildouts and China's ability to ramp chi
Hindustan Unilever profit dips 4% as commodity costs and Middle East tensions bite
Hindustan Unilever's quarterly profit fell 4% to 26.31 billion rupees, even as sales rose 10% to 165.14 billion rupees. Higher commodity cos
Jefferies: Light & Wonder's path to growth hinges on debt reduction and earnings stability
Jefferies says Light & Wonder's next leg up comes down to paying down debt and showing earnings pick up in the second half as new game launc
Italy's Treasury Plans €8 Billion Bond Auction as Diesel Tax Cut Adds to Fiscal Pressure
Italy's Treasury is set to sell up to €8 billion in bonds on July 30, while a temporary diesel excise cut aims to ease energy costs. The mov