Tag: Commodities

No results matched your search EconomyApr 05, 2021 01:15PM ET © Reuters. FILE PHOTO: The sun is seen behind a crude oil pump jack in the Permian Basin in Loving County (Reuters) -Shares of Pioneer Natural Resources (NYSE:) declined more than 6% as the U.S. oil producer’s $6.4 billion acquisition of rival DoublePoint Energy months…

BEIJING (Reuters) – Improved global demand and a favorable base effect are likely to have kept China’s exports buoyant in March, while higher oil prices will have been boosted its imports, a Reuters poll showed on Monday.FILE PHOTO: A cargo ship carrying containers is seen near the Yantian port in Shenzhen, following the novel coronavirus…

NEW YORK (Reuters) – U.S. Treasury auctions offering $271 billion of new debt and a key inflation report this week could end a recent lull in the bond market, reigniting a rise in yields that worried investors in the first quarter.FILE PHOTO: U.S. One dollar banknotes are seen in front of displayed stock graph in…

If you splurged on a matching pajama set for the first time over the last year, you’re not alone. Those fortunate enough to maintain an income shifted “scheduled spend” from normal routines to indulgences. People also satisfied their “skin hunger” with silks, satins, plushes, and Peruvian cottons. See more stories on Insider’s business page. In…

A representation of virtual currency Bitcoin is seen in front of a stock graph in this illustration taken March 15, 2021. REUTERS/Dado Ruvic/Illustration(Reuters) – Bitcoin rose 1.32% to a record $60,555.97 on Saturday, breaking above $60,000 for a second time in 10 days.The world’s biggest and best-known cryptocurrency is up 118.3% from the year’s low…

Summary List Placement Bill Miller’s fund sold almost all of its GameStop shares before their price rocketed in January. Miller Value Partners’ 1.7 million shares would have been worth over $800 million. The veteran investor’s team dumped 97% of its stake because it hadn’t paid off for years. See more stories on Insider’s business page.…

A conservation group sued the Department of the Interior in Washington, D.C., federal court on Thursday over 32 Trump-era oil and gas leases in Utah, alleging that the DOI proceeded without properly assessing their impacts on the area’s archaeology and nature including in the nearby Bears Ears National Monument.Friends of Cedar Mesa, whose staff met…

ROME, April 8 (Reuters) – World food prices rose for a 10th consecutive month in March, hitting their highest level since June 2014, led by jumps in vegetable oils, meat and dairy indices, the United Nations food agency said on Thursday.The Food and Agriculture Organization’s food price index, which measures monthly changes for a basket…

A judge dismissed Katie Hill’s lawsuit against the Daily Mail over the outlet publishing nude photos of her. The judge ruled that the photos were a matter of public concern. Hill’s attorney said they intend on appealing the case. The former congresswoman accused the judge of thinking “revenge porn is free speech.” See more stories…

Hunter Biden has reignited a feud with the Trump children, calling them out for getting rich on Trump’s dime. In his memoir, Biden says the Trump kids could never get a job outside Trump’s business. Don Jr. and Biden previously tangled over who benefited more from their fathers’ public service. See more stories on Insider’s…