Tag: Commodities

© Reuters. FILE PHOTO: An ingot of 99.99 percent pure gold is cast at the Krastsvetmet non-ferrous metals plant in the Siberian city of Krasnoyarsk, Russia March 10, 2022. REUTERS/Alexander Manzyuk By Bharat Gautam (Reuters) – Gold prices fell on Monday to their lowest in four weeks, as bets for an increasingly aggressive and hawkish…

© Reuters. FILE PHOTO: A woman shops for cooking oil made from oil palms at a supermarket in Jakarta, Indonesia, March 27, 2022. REUTERS/Willy Kurniawan (Reuters) -Indonesia’s plan to ban palm oil exports will deal a blow to the world’s top food and consumer products companies including Unilever (NYSE:UL), Procter & Gamble (NYSE:PG) and Nestle.…

4/4 © Reuters. FILE PHOTO: People shop for cooking oil made from oil palms at a supermarket in Jakarta, Indonesia, March 27, 2022. REUTERS/Willy Kurniawan 2/4 By David Lawder and Andrea Shalal WASHINGTON (Reuters) -Indonesia’s new palm oil export ban will hurt other countries but is necessary to try to bring down the soaring domestic…

A California town has agreed to pay a Black couple $150,000 and implement reforms to settle claims police officers racially profiled them in their own store in 2020.Yema Khalif and his wife were setting up new inventory in their clothing store bearing his name in August 2020 when Tiburon Police officers demanded that Khalif put…

© Reuters. Traders Add Hedges for 75-Basis-Point Fed Rate Hikes, Roiling Bonds (Bloomberg) — The dust appeared to have settled on a rocky day for U.S. interest-rate markets — even by recent standards — when the options market lit up late Thursday with a couple of trades anticipating the Federal Reserve will make multiple 75-basis-point…

House Minority Leader Kevin McCarthy’s latest denial fell apart in record time.McCarthy on Thursday denied a New York Times report that said he told other lawmakers he would call on then-President Donald Trump to resign in the days after the Jan. 6, 2021, attack on the U.S. Capitol, which had been carried out by his…

© Reuters. FILE PHOTO: A lorry driver passes a sign on the side of his vehicle advertising for jobs as he makes a delivery, in London, Britain, October 13, 2021. REUTERS/Toby Melville LONDON (Reuters) – British employers are offering annual pay settlements worth an average increase of 2.8% to staff, well below the rate of…

© Reuters. FILE PHOTO: Ears of wheat are seen in a field near the village of Hrebeni in Kyiv region, Ukraine July 17, 2020. REUTERS/Valentyn Ogirenko//File Photo (Reuters) – Ukraine’s gross domestic product (GDP) may fall between 30% and 50% this year, Finance Minister Serhiy Marchenko said in televised comments on Saturday. (Reporting in Kyiv…

North Korea has finished construction of an 80-story residential skyscraper complete with penthouses in the capital of Pyongyang, but only some of the least fortunate in the country reportedly choose to live on the top floors of the country’s high-rise apartments. Defectors have said that many North Koreans take issue with the higher floors of…

© Reuters. Logos of ExxonMobil are seen in its booth at Gastech, the world’s biggest expo for the gas industry, in Chiba, Japan April 4, 2017. REUTERS/Toru Hanai/Files LONDON (Reuters) – Three firms involved in Britain’s oil sector, including ExxonMobil (NYSE:XOM), have secured injunctions to stop protests by climate change activists which have caused widespread…