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Marcus Reed

Marcus Reed leads Bytewire News business coverage, focusing on technology companies, markets, startups, regulation, earnings, platform strategy, and the economic consequences of innovation. His editing emphasizes financial clarity, competitive context, clean sourcing, and practical explanations of how corporate decisions shape consumers, workers, investors, and the broader digital economy.

Southeast Asia Economic Growth Masks Youth Unemployment And Credential Inflation

October 2, 2026 by Marcus Reed
Southeast Asia Economic Growth Masks Youth Unemployment And Credential Inflation

Rapid economic growth across Southeast Asia contrasts sharply with high youth unemployment and credential inflation.

Categories Business

Nike Reports Q1 Revenue Drop and Announces Major Restructuring Plan

October 1, 2026 by Marcus Reed
Nike trainers in a shop displayed on top of a Nike shoe box

Nike posted a mixed fiscal first-quarter earnings report showing revenue falling 4% to $11.21 billion and announced a restructuring plan called Pace that is expected to deliver…

Categories Business

Hyundai and Mahindra Post Strong September Sales Ahead of Festive Season

October 1, 2026 by Marcus Reed
Wide landscape preview

Indian automakers posted higher sales in September 2026, driven by aggressive dealer stocking ahead of the festive season and sustained consumer demand across multiple segments.

Categories Business

Gamuda Posts Record RM1.05B Profit on RM61B Order Book

September 30, 2026 by Marcus Reed
Gamuda Posts Record RM1.05B Profit on RM61B Order Book

Gamuda Bhd posted a fifth consecutive year of record earnings for the financial year ended July 31, 2026, driven by domestic construction and overseas quick-turnaround projects.

Categories Business

Aliko Dangote And William Ruto Set To Break Ground On Lamu Oil Refinery

September 30, 2026 by Marcus Reed
A man with grey hair, wearing a black suit, white shirt, and red tie, smiling into the camera

Nigerian billionaire Aliko Dangote and Kenyan President William Ruto are set to break ground on a $16 billion oil refinery in Lamu.

Categories Business

China Factory Activity Returns to Growth in September as AI Demand Rises

September 29, 2026 by Marcus Reed
China Factory Activity Returns to Growth in September as AI Demand Rises

China’s official manufacturing purchasing managers’ index rose to 50.1 in September, ending a two-month contractionary streak as easing weather disruptions and strong demand from…

Categories Business

Gold Hits Seven-Week Low as Treasury Yields and Crude Oil Prices Surge

September 29, 2026 by Marcus Reed
Gold Hits Seven-Week Low as Treasury Yields and Crude Oil Prices Surge

Gold hovered near a seven-week low on September 29, 2026, stabilizing after a sharp four per cent rout driven by surging crude oil prices, rising U.S.

Categories Business

Dow Jones Futures Decline As Treasury Yields Surge

September 28, 2026 by Marcus Reed
Dow Jones Futures Decline As Treasury Yields Surge

U.S.

Categories Business

Namibia Presents Kunene Water Project to Global Investors

September 28, 2026 by Marcus Reed
Namibia Presents Kunene Water Project to Global Investors

Namibia has presented its Kunene water project and desalination initiatives to global investors at the UN General Assembly, with Agriculture, Water and Fisheries Minister Inge…

Categories Business

UK Borrowing Costs Reach 28-Year High as Gilt Yields Surge

September 28, 2026 by Marcus Reed
A commuter carries his jacket on a sunny day in the City of London

UK borrowing costs reached a 28-year high on September 1, 2026, as 30-year gilt yields hit 5.89 percent.

Categories Business

Wildlight Restaurant on UBC Campus Announces Permanent Closure

September 28, 2026 by Marcus Reed
Michelin-Recommended Vancouver Restaurant Announces Impending Closure

Wildlight, a Michelin-recommended restaurant located on UBC’s campus, has announced it will permanently close on November 28, 2026.

Categories Business

S&P 500 Hovers Near Record Highs as Rising Treasury Yields Threaten Market Rally

September 27, 2026 by Marcus Reed
S&P 500 Hovers Near Record Highs as Rising Treasury Yields Threaten Market Rally

Major equity indexes hovered near record levels according to reporting by Mint, as investors prepared to sift through upcoming employment and inflation reports.

Categories Business
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