By Marcus Devlin
Two decades covering equity markets. Writes on single stocks, sectors, valuations and the trades behind the tape.
OCS to Acquire Mitie in £3.1 Billion Deal Creating Facilities Management Giant
OCS Group International has agreed to acquire Mitie for £3.1 billion in cash, offering 221.6p per share—a 46.8% premium. The deal will creat
Italy Inc. Faces Busy Week: Defense Deals, Bank Merger Chatter, and Corporate Updates
Leonardo's helicopter deal with Saudi Arabia and fresh merger speculation around Monte dei Paschi highlight a busy week for Italian companie
ASX 200 Holds Steady as Oil Slips and Gold Rises on Ceasefire Hopes
Australia's stock market held steady as oil prices slipped and gold climbed, following reports of a possible ceasefire in the Middle East. B
Zhongji Innolight Targets $8 Billion Hong Kong IPO at Discount to Shenzhen Price
Zhongji Innolight, a key supplier of optical transceivers for data centers and AI, is launching a Hong Kong share sale aiming to raise at le
South Africa Bond Auction in Focus as Oil Eases and AI Trade Faces Test
South Africa's main event Tuesday is a government bond auction, as investors weigh softer oil prices, a firmer gold price, and a tech-earnin
China Lithium Futures Plunge to 5-Month Low on 2027 Oversupply Fears
China's lithium futures fell to a five-month low as traders focused on expected oversupply in 2027 and a battery tax set to rise. The move h
Oil Pulls Back from One-Month High as US-Iran Talks Ease Supply Fears, Asian Stocks Rise
Oil prices retreated from a one-month high as reports of US-Iran mediation tempered geopolitical risk. The pullback helped lift Asian stocks
Copper Prices Rise as Chinese Buying Meets Tight Supply, Geopolitical Risks Loom
Copper prices rose in London and Shanghai as Chinese buying met tight exchange inventories. The Yangshan premium hit its highest since May 2
Oil Surge and Dollar Demand Pressure India's Rupee as Hedging Costs Rise
India's rupee is set for a jittery open near 96.50-96.55 as rising oil prices and defensive hedging in forwards and options push traders tow
Indian Stocks Set for Lower Open as Oil Holds Near $90 on Houthi Threat
Indian stocks are poised for a weaker start as Brent crude remains elevated near $90 a barrel. The Houthi threat of a naval blockade on Saud
China's Steel Output Flat, Iron Ore Imports Surge: Stockpiling or Real Demand?
China's steel mills produced just 0.4% more steel in June than a year ago, yet iron ore imports surged to a six-month high. The disconnect r
Coca-Cola Taps JPMorgan, Citi for India Bottler IPO Targeting 2027
Coca-Cola has selected JPMorgan and Citi to help underwrite a potential 2027 IPO of its India bottler, Hindustan Coca-Cola Holdings. The ban