DoorDash, the U.S.’s largest food and restaurant delivery service, will pay $65 a share to buy Instacart, the online grocery shopping and delivery company.
Category: TRENDS ON THE GLOBAL ECONOMIC FRONT – Nov 3 2026
Post
TOP TREND 2023: OFFICE BUILDING BUST
The high interest rates bondholders now demand have sunk Europe’s value of office property sales in the third quarter to its lowest since 2009, during the Great Recession, when property prices were at their lowest, the Financial Times reported.
Post
TOP TREND 2026: DOT-COM BUST 2.0
China’s AI bubble has popped, sending the key STAR50 tech index plunging by 40 percent in recent weeks, dragging down the flagship CSI 300 index 20 percent from its most recent high and officially dropping it into a bear market.
Post
SPOTLIGHT: THE AUTO INDUSTRY’S BUMPY ROAD
Volkswagen, the world’s second-largest car company and Germany’s largest industrial engine, posted a third-quarter loss of €5.9 billion – roughly $6.6 billion – after reporting weak sales in China and a one-time write-down of the value of its stake in Porsche.
Post
BRITISH TAX HAVENS REAP WINDFALLS DESPITE STRICTER RULES
Guernsey and Jersey, two islands in the English Channel, are known as tax havens.
Post
EUROZONE ECONOMY SLOWS IN THIRD QUARTER
Economic expansion across the 21 countries sharing the euro currency has slowed as the Iran War has dragged on, new data shows.
Post
CLEAN ENERGY’S NARROW SUPPLY CHAIN POSES RISKS
The supply chain in the clean energy industry is concentrated in a small number of countries, posing potential difficulties for Southeast Asian nations, Fatih Birol, director of the International Energy Agency (IEA), told delegates at Singapore’s International Energy Week conference in late October.
Post
NEW FUEL SUBSIDIES STRAIN GOVERNMENT DEBT
Ninety-five nations are subsidizing energy bills in some way for their businesses and households, the Financial Times reported.
Post
EUROPE’S PRICE OF NATURAL GAS REACHES FOUR-YEAR HIGH
Europe’s benchmark price of natural gas for November delivery rose to €100.95 per megawatt-hour on 28 October, equivalent to $112.64 and its most costly since December 2022 in the continent’s chaotic energy market following Russia’s attack on Ukraine.
Post
JUNK BOND MARKET CRASHES
A prolonged tailspin in the riskiest parts of the junk bond market is handing investors drastic losses and nudging overleveraged companies closer to failure, the Financial Times reported.