By Marcus Devlin
Two decades covering equity markets. Writes on single stocks, sectors, valuations and the trades behind the tape.
Italian Sea Group Seeks Court Protection After Client Talks Stall
Italian Sea Group is heading to court for creditor protection after talks with some clients stalled. The move follows a court decision that
Primark Owner AB Foods Reaffirms 2026 Profit Below Last Year Amid Demerger Plans
Associated British Foods, owner of Primark and food brands, says 2026 profit will still be below last year despite steady sales. The company
Palm Oil Futures Rebound on Soyoil Strength and Weaker Ringgit
Malaysian palm oil futures rebounded Wednesday, lifted by firmer US soyoil prices and a weaker ringgit. Indonesia's new B50 biodiesel mandat
Indian Bonds Edge Higher as Traders Eye Bloomberg Index Decision on FAR Debt
Indian government bonds edged higher as traders focused on Bloomberg's potential inclusion of FAR bonds in its Global Aggregate Index. Forei
Asia Stocks Pause After AI Rally as Dollar Strengthens on Iran Stalemate
Emerging Asia markets are pausing after a strong AI-driven run. Stalled US-Iran talks and higher US bond yields are strengthening the dollar
European Stocks Rally as Oil Drops Toward $70, but US Earnings Still Lead
European stocks got a lift as oil slid back toward $70 a barrel after an Iran ceasefire eased supply fears. Still, many strategists say the
Global M&A Hits Record $2.8 Trillion in First Half as Mega-Deals Dominate
Global M&A hit a record $2.8 trillion in the first half of 2026, fueled by a handful of mega-deals worth over $10 billion each. The number o
Yen Plunges to 40-Year Low as US Yields Surge, Tokyo Intervention Looms
The yen fell to 162.84 per dollar, its lowest since 1986, as US Treasury yields climbed. Investors are watching for possible intervention by
Nestlé: AI Cuts Costs and Coffee Prices May Drop, But Timing Matters
Nestlé executives told Reuters that AI is streamlining operations, potentially reducing headcount, while cheaper coffee beans could eventual
Deutsche Bank Sees Zalando Sales Jump 25% but Warns on Margin Pressure and BaFin Probe
Deutsche Bank expects Zalando to report strong Q2 sales growth of 25%, but operating profit may fall short of analyst estimates. Margin pres
French Deal Spree: KKR's $4.2B Renewables Buy and CMA CGM's $1.4B FedEx Talks
French companies and investors stayed busy this week with two major deals: KKR's $4.2 billion purchase of EDF's North American renewables an
China Stocks Rise as Factory Data Extends Seven-Month Run, Boosting Xi's Growth Narrative
China's stock markets rose after a business survey showed factory activity expanded for a seventh straight month in June, supporting Preside