The impact of El Nino weather conditions could further hurt domestic production, expected to fall by 3.4% to a new low in the 2026-27 crop year ended September. Cotton imports hit a record high in 2025-26 to an estimated 7.1 million bales of 170 kilograms compared to last year's imports of 5.74 million bales. Prices have also risen more than 7% in the past month.

Alphabet has the option to buy up to $10 billion in Anthropic shares alongside its planned IPO, while Amazon has invested $13 billion in the AI startup. The agreements highlight Big Tech’s growing financial and infrastructure ties to AI developers.

The Q3 earnings report showed margin expansion. Rising loan yields were a positive.

Skydance has completed its $11 billion acquisition of WBD. The combined company carries nearly $90 billion in debt. It plans to cut at least $2 billion in costs, with layoffs accounting for part of the savings.

September inflation data will determine whether the Reserve Bank of Australia raises interest rates next week. That increase would take rates to 4.85 per cent, an 18-year high.

Anthropic is preparing to go public, and new documents show how the lab hopes to control its technology while also pushing the limits of what AI can do

The seven cofounders hold about $99 billion in stock at the latest private price, but the filing calls the pledge voluntary and revocable.

The Canadian dollar steadied against its US counterpart on Monday after seven straight days of gains, but the move was limited ahead of interest rate decisions this week by the Federal Reserve and the...