Tom Lee-backed crypto investment firm Bitmine has added 27,562 ether (ETH), a move that came as ETH rose above $2,700. The purchase has been viewed as an institutional move to position for Ethereum’s market outlook, drawing attention from traders.

ASIC commissioner Simone Constant said Australia’s private credit industry needs to urgently fix poor lending practices. ASIC estimates the sector has grown 500% over the past decade and has faced intensified scrutiny over the past 18 months. Morgan Stanley again capped withdrawals at 5% on its nearly $US7 billion ($9.5 billion) private credit fund after investors sought to redeem 11.4% of shares, stoking concerns about liquidity risk.

Satellite imagery indicates Saudi Arabia is redirecting crude exports away from the Red Sea route via Yanbu toward Persian Gulf terminals, with the number of supertankers there over the weekend reaching the highest level since June. Over the past six days, the kingdom moved 2.9 million barrels a day of crude through the Strait of Hormuz. The shift follows a September 11 drone attack launched from Iraq that shut Saudi Arabia’s East-West pipeline, which can carry as much as 7 million barrels a day.

Wendy’s shares fell 3.58% on Friday to close at $6.74, leaving the stock near its 52week low. The move followed a Chapter 11 bankruptcy filing by Meritage Hospitality Group, one of the chain’s largest franchise operators. Meritage reported a 48% drop in 2025 storelevel EBITDA and said it owes about $24.9 million in deferred franchise fees. Wendy’s subsequently withdrew its fullyear 2026 outlook.

Rainfall fell below average last week across most of Ivory Coast’s main cocoa-growing regions, with Daloa recording 3.6 mm, 26.1 mm under the norm. Farmers said the dry conditions could threaten the development of small pods to be harvested next year during the September-to-February main crop. They warned the situation could become alarming if the dry spell lasts until mid-October, according to Reuters. Weekly temperatures ranged from 25.6 to 29.7 degrees Celsius.

Donatella Versace will form a joint venture with e-commerce retailer Revolve Group to launch an as-yet-unnamed fashion and beauty brand, where she will serve as chief creative officer. Revolve Group, listed on the New York Stock Exchange since 2019, has posted double-digit net sales growth across its Revolve and Fwrd platforms for three consecutive quarters. The company held $311.6 million in cash and cash equivalents and had no debt heading into late 2026. Versace was acquired by Prada Group last year for an enterprise value of 1.25 billion euros.

U.S. stock index futures climbed on Monday, with Dow futures up about 0.7% and S&P 500 and Nasdaq 100 futures also higher. Oil fell to an 11-day low, with Brent at $101.2 a barrel, down 2.6%, and the WTI October contract at $97.80, down 2.5%. Investors are watching an upcoming meeting between U.S. and Chinese leaders while continuing to digest last week’s Federal Reserve rate hike.

A technical fault at the UK’s air traffic control provider Nats triggered widespread delays across northern England, Scotland and Northern Ireland, marking the second similar incident within a month. Officials said the disruption was unrelated to the six-hour outage on September 8. By lunchtime, more than 200 flights had been cancelled, while Ryanair said over 25,000 passengers were affected and more than 140 of its flights were delayed by more than three hours.