Is China about to embark on a fresh bout of stimulus? Some people in the metals market seem to think so. Prices of benchmark 62% iron ore in Singapore have been booming, jumping 5.3% on December 9 and closing more than 21% up on their level a month earlier. There seems to be real activity behind that movement: Rolling three-month ...

Prosus NV’s latest bid to acquire food delivery specialist Just Eat Plc was still little more than an appetizer. The Amsterdam-based technology investment firm raised its offer a measly 4.2% to 740 pence-per-share, while lowering the acceptance threshold to 50%. It had little alternative but to increase the value of its proposal: the recent recovery in shares of counterbidder Takeaway.com ...

Sterling has punched up to new highs for the year on the back of a comprehensive election victory for Boris Johnson’s Conservative Party. With the parliamentary handbrake on Johnson’s Brexit deal now released — and the trouncing of Jeremy Corbyn’s high-taxing, business-baiting Labour Party delivered with great force — we should see sustained pound gains. Nevertheless, as I outlined earlier, ...