Trafigura has aggressively bought spot copper in Asia over the past two weeks, targeting large volumes for November and December delivery. Regional supply tightness and the firm's willingness to pay above competitors have driven Asian spot copper premiums to record highs as it bid for metal from multiple Asian producers and traders.

Europe insists that President Putin end the war before discussing Russia's concerns.

OpenAI CFO Sara Friar told CNBC the company will not alter AI infrastructure investment plans after the US midterms, will continue partnering with major hyperscale cloud providers, and expects to use financing to meet customer demand. She said election outcomes would not materially change OpenAI’s business but that increased scrutiny of data centers has prompted greater local community outreach. Local ballots in 10 states covered 41 data‑center measures; only one backed limits — voter concerns centered on higher power bills, environmental impact and jobs. Friar said OpenAI filed a confidential IPO submission with the SEC in June, is considering a 2027 listing and is negotiating a new funding round at a $1.25 tln pre‑money valuation, adding AI demand is real and persistent.