By Eleanor Whitfield
Former buy-side analyst. Leads the desk with a focus on global markets, macro flows and what moves portfolios.
Cocoa futures slide 5% as Ivory Coast arrivals signal surplus
Cocoa futures dropped about 5% as traders focused on stronger Ivory Coast port arrivals, signaling a seasonal surplus. High prices earlier i
Santacruz Silver buys Bolivian mill to speed up ore processing
Santacruz Silver Mining has bought a 500-tonnes-per-day milling facility in Bolivia for $9.2 million. The move is meant to speed up processi
NAB's HSBC Australia interest weighs on bank stocks
US financial stocks slipped in premarket trading after reports said National Australia Bank is weighing a deal for HSBC's Australian retail
China Rare Earth Group in talks to take control of Shenghe Resources
China Rare Earth Group, a state-owned miner, is discussing taking control of Shenghe Resources. The move could bring Shenghe's overseas hold
Middle East tensions split UAE stocks as Abu Dhabi rises, Dubai falls
UAE markets diverged as Abu Dhabi's FTSE ADX gained 1.092% while Dubai's DFM slipped 0.493%. Traders balanced fresh Iran-related geopolitica
Buffett steps back as Berkshire chairman, son Howard takes over
Warren Buffett is stepping down as Berkshire Hathaway chairman, becoming chairman emeritus immediately. His son Howard takes over as chairma
Anthropic and OpenAI shift strategy to smaller AI data centers
Anthropic and OpenAI are looking at smaller data center deals—around 20-30 megawatts—in the UK, Nordics, and possibly the US. The move is ai
Tokyo court blocks Toho's poison pill against activist investor 3D
A Tokyo court has blocked Toho Holdings' poison pill defense against activist investor 3D Investment Partners. The injunction freezes warran
FTSE 100 slips on Friday but posts best week since late July
The FTSE 100 slipped 0.6% on Friday, dragged by banks, energy, and telecoms, but remains on track for its best week since late July. Investo
Rupee slips 0.3% as RBI defends 96 level against dollar
India's rupee slipped 0.3% this week to 95.8750 per dollar, as traders point to higher global interest rates and oil prices. The RBI is step
Jet lessors: fuel costs and higher rates now the main worry
At the ISTAT gathering, aircraft lessors said the pain point has shifted from plane shortages to fuel and financing costs. Expensive jet fue
Orion180 IPO prices at $12, below range, as insurer raises $240M
Orion180, a Florida insurer, raised $240 million in its IPO by selling 20 million shares at $12 each—below its $15-17 target range. The pric