Articles by Daniel Marsh
Nu Holdings Secures Inter Miami Stadium Naming Rights Amid U.S. Bank Charter Push
Nu Holdings has secured naming rights for Inter Miami CF's new Miami Freedom Park stadium, branding it 'Nu Stadium' as the company pursues a U.S. national bank charter. The 26,700-seat venue opens April 4, with jersey branding starting in August.
UK Auto Market Hits 22-Year February High, But EV Adoption Lags Mandate
UK new car registrations reached a 22-year high for February, climbing 7.2% to 90,100 units. However, battery-electric vehicle adoption at 24.2% remains significantly below the 2026 regulatory target of 33%.
NIO Weekly Orders Hit 2026 Peak, Shares Rally on Demand Surge
NIO's weekly new orders in China climbed to roughly 3,500 units in early March, marking the strongest weekly figure of 2026, according to Deutsche Bank channel checks. The EV maker's February deliveries rose 57.6% year-over-year to 20,797 vehicles.
KOSPI Soars 10% on $68B Rescue, Oil Nears $84 Amid Iran-Israel Conflict
South Korea's KOSPI index jumped close to 10% following a major government intervention, while oil prices climbed toward $84 per barrel amid escalating Middle East tensions that are roiling global markets.
Babcock & Wilcox Secures $2.4B AI Data Center Power Deal, Shares Surge
Babcock & Wilcox Enterprises has been authorized to begin work on a major $2.4 billion contract to provide natural gas-fired power systems for Applied Digital's AI data center campuses, sending its shares up nearly 31%.
Compass Group's Vacherin Announces Leadership Transition Following Awards Success
Vacherin, a London workplace caterer owned by Compass Group, has named Tom Rule as managing director designate. Current chief Phil Roker will transition to chairman later in 2026.
Imperial Brands Continues £1.45bn Share Buyback Amid Regulatory Scrutiny
Imperial Brands executed significant share repurchases on March 3 and 4, continuing its £1.45 billion buyback initiative while navigating upcoming regulatory votes on tobacco sales.
Tesco Staff to Share £134 Million in Share Scheme Payout Amid Rising Grocery Inflation
Tesco's Save As You Earn scheme will distribute up to £134 million to more than 22,000 staff, with average payouts between £5,000 and £8,000. The news comes as UK grocery inflation increased to 4.3% in late February.
BAE Systems Continues Share Buyback Amid Defense Sector Strength
BAE Systems executed another share repurchase as part of its multi-year buyback initiative, with the stock trading near yearly highs following strong financial results and record order backlog.
IAG Shares Rebound After Airspace Closures Trigger 13% Plunge
International Consolidated Airlines Group shares rose 2% on Wednesday, partially recovering from a 13% decline linked to Middle East airspace closures that have disrupted global aviation. The shutdowns have forced flight reroutings, slashed cargo capacity, and prompted profit warnings from carriers.
HSBC Asia Co-CEO Offloads $5.5 Million in Shares Amid Banking Sector Volatility
HSBC Holdings Plc's Asia and Middle East co-CEO, Surendra Rosha, divested 308,400 shares worth approximately HK$43.17 million. The transaction occurred during a period of significant volatility for European banking stocks.