CFTC and USDA formalize agricultural market coordination
A new memorandum aims to improve data sharing and access to risk management tools while helping the agencies identify market risks.
Globe And Street: global business and finance news
Companies
Shein plans €500 million expansion of Polish logistics hub
The retailer says the expanded site will have more than 10,000 workers and 6,500 autonomous robots by the end of 2026.
Companies
Waymo to end Uber partnership in Austin and Atlanta in January 2028
Waymo will shift rides to its own app. The agreement with Uber had been scheduled to expire in May 2028.
- WorldOIC anti-corruption officials seek closer cooperation on asset recovery
- MarketsUS stock futures rise ahead of Apple earnings as oil falls
- Economy & PolicyCFTC and USDA formalize agricultural market coordination
- CompaniesShein plans €500 million expansion of Polish logistics hub
- IPO & DealsRevolut valuation rises 53% to $115 billion after investor share sale
- Energy & CommoditiesSouth Korea explores Turkish energy funding as Sinop partner remains undecided
- Crypto & Digital AssetsBinance investigates possible breach as frozen crypto reaches $2.54 billion
- FinanceSequoia to close London office and end Arc and Scouts programs
- TechAI chip demand squeezes supply for other uses, Siltronic chief says
OIC anti-corruption officials seek closer cooperation on asset recovery
Delegates in Azerbaijan focused on implementing a treaty designed to speed cross-border investigations and the return of stolen funds.
US stock futures rise ahead of Apple earnings as oil falls
Asian shares were mixed, while Brent crude fell 2.0% as talks aimed at ending the US-Israeli war on Iran continued.
SEC raises thresholds for funds and advisers to qualify as small entities
The revised definitions also change how related funds’ assets are counted and provide for inflation adjustments every 10 years.
Marubeni lifts profit outlook 9% and raises dividend forecast
The Japanese trading house expects record net profit of ¥630 billion for the year ending March 2027, citing stronger metals and energy earnings.
Revolut valuation rises 53% to $115 billion after investor share sale
The secondary transaction provided no fresh capital to Revolut, which is preparing for a U.S. bank launch in 2027.
South Korea explores Turkish energy funding as Sinop partner remains undecided
A memorandum calls for examining funding options without specifying an amount, while Seoul seeks a role in Turkey’s second planned nuclear plant.
Binance investigates possible breach as frozen crypto reaches $2.54 billion
Tether and Circle froze assets linked to the incident, while Binance paused Alpha trading and said withdrawals would resume once the issue was resolved.
AustralianSuper maintains AI focus on chips and data centers
The A$430 billion pension fund holds about A$3.05 billion in Nvidia shares in its balanced portfolio, alongside stakes in other AI-linked companies.
AI chip demand squeezes supply for other uses, Siltronic chief says
Siltronic lifted its annual sales outlook for a second time this year as wafer demand strengthened.