Sunday, 8 November 2026
Independent coverage of global markets, trade and finance
Hi, this is Evelyn, writing to you from Beijing. Welcome to the latest edition of The China Connection — a snapshot of what I'm seeing and hearing from local businesses.
Sugar prices added to their week-long surge on Monday, with NY sugar posting a 10-month nearest-futures high and London sugar posting a 15-month high. Concerns over lower global sugar production are propelling prices sh…
Bloomberg says GameStop could propose collaborating with eBay in some way other than a merger. Some analysts doubt whether eBay would benefit much from that sort of deal.
OpenAI completed a secondary share sale totaling roughly $7 billion, allowing current and former employees to sell stock at the company's $852 billion valuation, CNBC confirmed on Monday.
Wendy's (WEN) nearly two years of struggles competing with the likes of behemoths McDonald's (MCD) and Yum! Brands' (YUM) Taco Bell, plus upstarts such as Shake Shack, are creating one big problem.
President Donald Trump spoke recently to Federal Reserve Chairman Kevin Warsh, the president said Monday.
Here’s how the Protect College Sports Act could impact the economics of college sports.
Intel announced a $15 billion common stock offering on Monday to support skyrocketing customer demand for artificial intelligence computing power.
Profitable growth in H1 2026 with revenue and gross profit up 5% year-over-year and EBIT up 20%, driven by margin improvements and market share gains in mortgage finance. Outlook for 2026 targets €40–55 million EBIT and…
Archer Aviation’s stock is flying higher after the company agreed to buy three business units from Boeing.
The market expects Telos Corporation (TLS) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2026. This widely-known consensus outlook is important in…
The S&P 500 Index ($SPX) (SPY) today is down -0.04%, the Dow Jones Industrial Average ($DOWI) (DIA) is down -0.14%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -0.15%. September E-mini S&P futures (ESU26) are down -0…
September arabica coffee (KCU26 ) is down -4.90 (-1.46%) today, and September ICE robusta coffee (RMU26 ) is down -1 (-0.03%). Coffee prices gave up an early advance today and turned lower on signs of drier weather in B…
California Resources Corporation (NYSE: CRC) agreed to acquire Crimson Midstream Holdings from CorEnergy Infrastructure Trust for $63 million in cash, subject to customary adjustments. The planned deal adds about 2,000 …
Long Cast Advisers, an independent registered investment adviser, released its Q2 2026 investor letter. A copy can be downloaded here. The firm reported strong earnings in the second quarter, with results improving 20%,…
Prediction market traders expect July's consumer price index will be relatively tame, coming in below the Dow Jones consensus forecast.
Crude oil stockpiles in the U.S. Strategic Petroleum Reserve have fallen below 300 million barrels, the lowest level in more than four decades, as global inventories stay under pressure due to the Iran war.
Even as Federal Reserve Chairman Kevin Warsh implements measures to curtail so-called forward guidance — or how the Fed signals its future rate moves — investors are largely expecting an increase in interest rates in th…
September WTI crude oil (CLU26 ) is up +2.76 (+3.53%) on Friday, and September RBOB gasoline (RBU26 ) is up +0.1203 (+4.03%). Crude oil and gasoline prices are sharply higher today, with gasoline climbing to a 1-week hi…
The S&P 500 Index ($SPX) (SPY) today is up +0.05%, the Dow Jones Industrial Average ($DOWI) (DIA) is down -0.02%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -0.15%. September E-mini S&P futures (ESU26) are up +0.03%…
Gold jumped roughly 7% last week, logging its best weekly gain since January, driven by a weaker U.S. dollar, falling Treasury yields, and an unexpected contraction in employment data that reduced fears of aggressive Fe…
Goldman Sachs' Ashok Varadhan has a simple message for investors worried about higher interest rates, elevated oil prices and the durability of the economy: Stay invested.
US stocks slid amid rising oil prices on Monday, kicking off a week of earnings and inflation data.
Shares of Australia's Sunrise Energy Metals jumped as much as 29% on Monday after the rare earth miner secured a $400 million investment in long-term debt financing from the U.S. to support the development of the world'…