Commodities News
page: 1
next
'Furnace': Argentina roasts in record-setting heat wave
BUENOS AIRES, Jan 11 (Reuters) - Argentina is facing a historic heat wave with temperatures soaring above 40 degrees Celsius (104°F), making the country for a while the hottest place on the planet, straining power grids and forcing residents to seeking
As costs soar, some Japanese companies do the unthinkable: raise prices
TOKYO, Jan 12 (Reuters) - Premium telescopes, violin bows and speciality paper are bucking a deflationary trend that has defined Japan for decades - all have had their prices hiked by companies confident they can charge more without losing business. Years of
Argentina capital hit by major power outage amid heat wave
BUENOS AIRES, Jan 11 (Reuters) - Argentina's capital Buenos Aires was hit by a major power outage on Tuesday that left thousands of homes without electricity amid a heat wave that has seen temperatures soar above 40 degrees Celsius (104 Fahrenheit), some
PDVSA's corporate staff returns to working from home -document
Jan 11 (Reuters) - Venezuela's oil ministry instructed most corporate employees of state-run PDVSA (PDVSA.UL) and its subsidiaries to work from home beginning Jan. 8 to avoid the rapid spread of the Omicron variant of the coronavirus, an internal document
France says still far from reviving 2015 Iran nuclear deal
PARIS, Jan 11 (Reuters) - Iran and world powers are still far from any agreement to revive their 2015 nuclear deal despite making some progress at the end of December, France's foreign minister said on Tuesday. Indirect talks between Iran and the United
Australia shares set to open higher, NZ rises
Jan 12 (Reuters) - Australia shares are expected to open higher on Wednesday, likely lifted by gains in the resource-reliant
Arctic chill prompts school closures across U.S. Northeast
Jan 11 (Reuters) - An Arctic blast gripped much of the Northeastern United States on Tuesday with bitter cold and sub-zero wind chill factors, prompting numerous school districts across the region, including Boston, to cancel classes for the day. The frosty
Japan manufacturers' mood slips as rising costs pressure profit margins - Reuters Tankan
Summary Jan manufacturers' sentiment index +17 vs Dec +22Service sector index +8 in Jan vs +6 in DecManufacturers' mood seen rising ahead TOKYO, Jan 12 (Reuters) - Japanese manufacturers turned less positive about their business conditions in
UK, Oman agree to strengthen economic ties, boost investment
LONDON, Jan 12 (Reuters) - Britain and Oman have agreed to work more closely together to strengthen economic ties and increase high-value investment in areas such as clean energy and technology, following a
Kunj Bansal’s portfolio-building guide for this market
In terms of portfolio approach one will have to take a mixed approach says Kunj Bansal, CIO, Karvy Capital. With fresh Covid cases in China, let us first start off with metals. Given how stringent the Chinese administration is, there are a lot of concerns that
Stockbrokers set to grab big share of digital gold trades
Mumbai: India's digital gold market is set to experience disruptions in the coming months as the bulk of the transactions could shift to brokers regulated by the Securities and Exchange Board of India (Sebi). The regulator issued final rules for Electronic
Budget to decide if crypto investment is business income
Mumbai: The government has sought opinion from senior tax advisors on whether the income earned from trading or investing in cryptocurrencies could be treated as business income as against capital gains from this year onwards, said two people involved in the
The Power Play by The Market Herald Releases Interviews With Reyna Gold, Universal Ibogaine, NewRange ...
(MENAFN - ACCESSWIRE) VANCOUVER, BC / ACCESSWIRE / January 11, 2022 / The Power Play by The Market Herald has announced the release of new interviews with Reyna Gold, Universal Ibogaine, NewRange ... ...
NFTglee Signs Celebrity Mamas Check-In Set To Release Content, Experiences, And Exclusive Engagement Opportunities Via ...
(MENAFN - PR Newswire) DENVER, Jan. 11, 2022 /PRNewswire/ -- NFTglee is diving deeper into the celebrity NFT market as more and more high profile names grasp the freedom associated with building on ... ...
0x API: Leading DeFi DEX Aggregation Service Launches on Optimism'
(MENAFN - PR Newswire) SAN FRANCISCO, Jan. 11, 2022 /PRNewswire/ -- 0x Labs, a global blockchain company building decentralized exchange infrastructure for the internet, today announced that its ... ...
China releases measures to keep foreign trade stable
BEIJING, Jan. 11 (Xinhua) -- China on Tuesday unveiled new guidelines to ease pressures on foreign trade companies and keep the country's exports and imports stable. The country will further open up the economy and carry
Oil price jumps nearly 4% as Omicron impact seen as short-lived
Oil price soared nearly 4% on Tuesday, supported by tight supply and expectations that rising coronavirus cases and the spread of the Omicron variant will not derail a global demand recovery. Brent crude gained $2.85, or 3.5%, to $83.72 a barrel, its highest
Bonds prove irresistible to foreign funds
Dec-end holdings of interbank paper at $628b; CGBs, quasi-sovereigns shine A stable renminbi exchange rate and higher yields have been attracting overseas institutions to Chinese bonds, pushing offshore holdings to new highs, according to central bank data.
Japan manufacturers’ mood slips as rising costs pressure profit margins – Reuters Tankan
By Daniel Leussink TOKYO (Reuters) – Japanese manufacturers turned less positive about their business conditions in January, in a sign the economy faces pressure from the Omicron variant as well as rising energy and raw material costs, the Reuters Tankan poll
Chairman Powell Admits, “Inflation is running very far above target”
While it seemed obvious to most economic analysts as well as everyday citizens that inflationary pressures have been running rampant, out-of-control continuing to spiral to higher levels, the Federal Reserve for too long maintained its stance that rises in
U.S. Global Investors Announces Sustainably Robust Quarter, with Average AUM Up 100% from the Same ...
(MENAFN - GlobeNewsWire - Nasdaq) San Antonio, TX, Jan. 11, 2022 (GLOBE NEWSWIRE) -- U.S. Global Investors, Inc. (NASDAQ: GROW ) (the–Company–), a registered investment advisory firm with ... ...
Brazil 2021 inflation highest since 2015; central bank vows tighter policy
By Marcela Ayres BRASILIA (Reuters) – Brazil’s annual inflation hit a six-year high of over 10% in 2021, government data showed on Tuesday, well above the central bank’s year-end target range and raising pressure on policymakers for more aggressive interest
Government says retail edible oil prices show declining trend from October 2021 after interventionAccording to ...
The Centre on Tuesday said retail prices of edible oils across the country are ruling higher than a year-ago period in line with the global market but from October 2021 onwards, there is a declining trend. According to the trend from 167 price collection
Closing prices for crude oil, gold and other commodities
Benchmark U.S. crude oil for February delivery rose $2.99 to $81.22 a barrel Tuesday. Brent crude for March delivery rose
Market Talk – January 11, 2022
ASIA: China’s real estate sector is having a rocky start in 2022, as some of the country’s most high-profile developers struggle to shake off a crisis that has been growing for months. This week, two major credit rating agencies downgraded
Exclusive GamesPad NFTs To Be Listed on OKEx NFT'
(MENAFN - PR Newswire) ROAD TOWN, British Virgin Islands, Jan. 11, 2022 /PRNewswire/ -- The exciting release of GamesPad , the ultimate gaming, NFT and metaverse ecosystem, created a growing buzz ... ...
Markets Embrace Lengthy Balance Sheet Runoff Debate - OANDA
(MENAFN - ValueWalk) skeeze / Pixabay OANDA – Markets embrace lengthy Balance Sheet runoff debate, Fed readies March hike, Oil rallies Gold Shines, Bitcoin higher Get Our Icahn eBook! Get our entire ... ...
GamesPad Looks to Empower GameFi Developers with Its New Ecosystem
(MENAFN - Newsfile Corp) GamesPad Looks to Empower GameFi Developers with Its New Ecosystem Tortola, British Virgin Islands--(Newsfile Corp. - January 11, 2022) - Announcing GamesPad , a new crypto ... ...
NFTY, Inc. Unveils NFT Validation Protocol at CES
(MENAFN - GlobeNewsWire - Nasdaq) Las Vegas, NV, Jan. 11, 2022 (GLOBE NEWSWIRE) -- (via Blockchain Wire ) The–Consumer Electronics Show ('CES') welcomed well over 40,000 attendees in person, with ... ...
CryptoNewsBreaks GreenBox POS (NASDAQ: GBOX) Announces Strategic Acquisition, Eyes Expansion into Opportunistic Market
(MENAFN - Investor Brand Network) GreenBox (NASDAQ: GBOX) , an innovative blockchain ledger fintech company, today announced its entry into a binding agreement to acquire Roark Holdings Ltd, a ... ...
Silver Prices Rise as Fed Chair Powell Testifies
Silver prices moved higher for a third consecutive trading session. The upward rebound in silver prices came as gold also moved higher. The dollar was lower, which helped buoy the yellow metal. U.S. Treasury yields were slightly higher, but the 2-year yield
Future Returns: Resetting Investment Expectations for 2022
While economies across the world are strong, lofty valuations for public companies and the likelihood of interest-rate hikes mean investors are resetting their expectations for returns. “This next phase of the economic cycle is definitely going to be slower
Natural Gas Prices Continue to Rally on Cold Weather Forecast
On Tuesday, natural gas continued to rally, rising another 4% after starting the week up 5% and climbing 5% last week. According to a recent National Oceanic Atmospheric Administration report, Cool-weather is expected to cover most of the Mid-West and North
Gold Technical Analysis: Attempts to Breach $1800 Resistance
(MENAFN - Daily Forex) Gold futures tried to rise again towards the psychological resistance of 1800 US dollars. The price of gold settled around the level of 1802 dollars an ounce at the time of ... ...
Crypto Corner Podcast 752: Stocks discussed: (NasdaqGS: HUT) (NasdaqGS: PYPL) (NasdaqGS: COIN) (NYSE: PSFE)
(MENAFN - Investor Ideas) --> Crypto Corner Podcast 752: Stocks discussed: (NasdaqGS: HUT) (NasdaqGS: PYPL) (NasdaqGS: COIN) (NYSE: PSFE) – Point Roberts, WA and Delta, BC - January 11, 2022 ... ...
AVAX/USD: Nervous Selling Pressure is Hitting Avalanche Also
(MENAFN - Daily Forex) AVAX/USD is trading near 86.5000 with fast changes in value as nervous trading is affecting the cryptocurrency. Avalanche was certainly able to create a rather strong ... ...
Exploring Mining Podcast 237 - (TSXV: OTGO) (NYSE: RIO) (NYSE: OR) (NYSE: EXK) (TSXV: MTU)
(MENAFN - Investor Ideas) --> Exploring Mining Podcast 237 - (TSXV: OTGO) (NYSE: RIO) (NYSE: OR) (NYSE: EXK) (TSXV: MTU) – Point Roberts, WA and Delta, BC - January 11, 2022 (Investorideas.com ... ...
Forex Today: US Stocks Dip Then Rebound
(MENAFN - Daily Forex) US stock markets fell quite strongly yesterday, but then rebounded to claw back losses by the end of the day . The NASDAQ 100 technology index saw its strongest positive ... ...
Biden spending bill ignites debate over dairy methane pollution
WASHINGTON, Jan 11 (Reuters) - As U.S. President Joe Biden’s administration seeks to revive its ambitious social spending and climate plan in Congress, environmental groups and the farm industry are at odds over proposed subsidies aimed at offsetting
Climate inaction - and 'dramatic' consequences - top global threat list
LONDON, Jan 11 (Thomson Reuters Foundation) - Governments are struggling to adopt climate-smart policies as COVID-19 hits economic activity and forces them to focus instead on tackling surging social inequality, the World Economic Forum (WEF) said on Tuesday.
Biden EPA advances efforts to curb toxic coal ash contamination
WASHINGTON, Jan 11 (Reuters) - The Environmental Protection Agency announced new steps on Tuesday to force utilities to strengthen safeguards for toxic coal ash pollution from power plants that had been delayed by the Trump administration. Some utilities store
Factbox: Margin calls in spotlight amid Europe's energy market turmoil
Jan 11 (Reuters) - Soaring power prices have rattled energy companies across Europe, forcing Germany's Uniper (UN01.DE) to last week secure credit lines of up to $11 billion. RWE, another of the Germany's largest utilities, said that it too had made
Boeing wins annual jet order race on adjusted basis
SEATTLE, Jan 11 (Reuters) - Boeing Co (BA.N)bounced back to win the traditional annual order race against Airbus SE (AIR.PA) on an adjusted basis, but its European rival remained the world's largest planemaker based on the number of jets delivered, data
Domino's cuts back on promotional offers as costs bite
Jan 11 (Reuters) - Higher food costs due to record levels of inflation has forced Domino's Pizza Inc (DPZ.N) to scale back some of its promotional offers for 2022 in the United States, the company said on
Climate-fueled permafrost thaw threatens up to half of Arctic infrastructure -report
Jan 11 (Reuters) - Thawing permafrost could put as much as 50 percent of Arctic infrastructure at high risk of damage by 2050, requiring tens of billions of dollars in maintenance and repairs, scientists warned on Tuesday. The world’s permafrost — land that
EIA expects U.S. power use to rise 1% in 2022 as economy recovers
Jan 11 (Reuters) - U.S. power usage will rise about 1% in 2022 as the economy recovers for a second year from 2020's demand slump caused by the coronavirus pandemic, the U.S. Energy Information Administration (EIA) said on Tuesday. In its Short-Term
Climate fund aims to help indigenous people protect world's forests
Jan 11 (Thomson Reuters Foundation) - A global fund launched on Tuesday aims to boost climate financing to indigenous communities to help them secure land rights and preserve forested areas from the Congo Basin to the Andes, the initiative's backers said.
Taliban increase payment in wheat as economic crisis deepens
KABUL, Jan 11 (Reuters) - The Taliban administration said on Tuesday it was expanding its 'food for work' program, in which it uses donated wheat to pay thousands of public sector employees instead of cash as a financial crisis intensifies. Wheat,
2022: A New Beginning For Gold?
With gold having what could only be described as a “crappy year” in 2021 – nobody is expecting it to make a comeback in 2022 – but they SHOULD! What’s the first thing you think of when you hear the word “gold”? Is it bricks piled up on a pallet in
Gold Rallies Ahead of U.S. CPI Report
Gold prices increased for a third consecutive trading session, rising 0.9%. The dollar was lower, which helped buoy the yellow metal. U.S. Treasury yields were slightly higher, but the 2-year yield settled near the lows of the trading session. Fed Chair Jerome
BorgWarner Completes Investment in Qnovo Inc., Enhancing Battery Management Capabilities
Cadillac News | 2022-01-11, 19:22
AUBURN HILLS, Mich., Jan. 11, 2022 /PRNewswire/ -- BorgWarner, a global leader in delivering innovative and sustainable mobility solutions for the vehicle market, today announced its investment in Qnovo, Inc., a privately held, Silicon Valley-based software
Energy commodity prices increased by 59% in 2021, EIA reports
The Newport Plain Talk | 2022-01-11, 19:08
(The Center Square) – The prices of energy, crude and gasoline all increased in 2021 from 2020, the U.S. Energy Information Agency reports. Prices increased because of higher demand and a range of other factors. By the end of 2021, commodities on the energy
India Appeals Against WTO Dispute Panel Ruling On Sugar Subsidies
India has appealed against a ruling of the WTO's trade dispute settlement panel on domestic sugar subsidies ...
A Decentralized Metaverse Metalovil Entering Video Game Markets as Part of Turnaround Plan
(MENAFN - GlobeNewsWire - Nasdaq) NEW YORK, Jan. 11, 2022 (GLOBE NEWSWIRE) -- Metalovil is launching a division to cooperate with a Japan Game Company for entering marketplace for video game ... ...
Asia Broadband Introduces Additional Trading Pairs To Its AABB Proprietary Cryptocurrency Exchange
(MENAFN - GlobeNewsWire - Nasdaq) LAS VEGAS, Jan. 11, 2022 (GLOBE NEWSWIRE) -- via InvestorWire – Asia Broadband Inc. (OTC: AABB) (–AABB– or the–Company–) is pleased to announce that the Company ... ...
INDIEV's Flagship Electric Vehicle, INDI One, Will Soon Be Available for Pre-Ordering
(MENAFN - GlobeNewsWire - Nasdaq) LOS ANGELES, Jan. 11, 2022 (GLOBE NEWSWIRE) -- INDIEV , a company specializing in the design of the next generation of electric vehicles, announces it will begin ... ...
Global Video Streaming Software Market Size Projected to Hit USD 18 Billion by 2026, at ...
(MENAFN - GlobeNewsWire - Nasdaq) Tokyo, Japan, Jan. 11, 2022 (GLOBE NEWSWIRE) -- Facts and Factors has published a new research report titled –Video Streaming Software Market: By Component ... ...
UPDATE -- APPlife Digital Solutions to Launch LollipopNFT.com, an All-inclusive, User-Friendly NFT Marketplace
(MENAFN - GlobeNewsWire - Nasdaq) SAN FRANCISCO, Jan. 11, 2022 (GLOBE NEWSWIRE) -- APPlife Digital Solutions, Inc. (OTCQB: ALDS) (–APPlife–, the Company–), a business incubator and portfolio ... ...
Paul Tudor Jones Breaks Down America's Most 'Just' Companies
(MENAFN - ValueWalk) Image source: CNBC Video Screenshot Following is the unofficial transcript of a CNBC interview with Billionaire Investor & JUST Capital Co-Founder Paul Tudor Jones and Accenture ... ...
Factbox-Margin calls in spotlight amid Europe’s energy market turmoil
(Reuters) – Soaring power prices have rattled energy companies across Europe, forcing Germany’s Uniper to last week secure credit lines of up to $11 billion. RWE, another of the Germany’s largest utilities, said that it too had made credit provisions. On
Billionaire trader Paul Tudor Jones says the Fed has a 'lot of catching up to ...
Paul Tudor Jones. Kevin Mazur/Getty Images for Robin Hood Paul Tudor Jones told CNBC the Fed will have to work hard to curb the rising prices of goods and services. "Things that performed the best since March 2020 are probably going to perform the worst as we
Anchor issues drag US commodities traders into arbitration fight
Commodities giant Bunge is suing a unit of rival
Is this dirt-cheap FTSE 100 stock with 15% dividend yield a good buy for me?
What is not to like about a FTSE 100 stock that is also dirt-cheap and has a massive dividend yield? A fair bit, it appears. The stock in question is the Russian miner and steel manufacturer Evraz (LSE: EVR). For any investor who likes good dividends, it needs
USD/CAD Retreats After Fed Chair Powell’s Comments
U.S. Dollar Is Under Pressure Against Canadian Dollar USD/CAD is trying to get to the test of the support level at 1.2590 while U.S. dollar is losing ground against a broad basket of currencies. The U.S. Dollar Index has recently gained downside momentum and
Oil Jumps on Forecast for Decline in US Crude Inventories
U.S. West Texas Intermediate and international-benchmark Brent crude oil futures are soaring on Tuesday, putting them in a position to challenge their October contract highs. The catalysts behind the price surge are expectations of a seventh straight week of
Ministers endorse sustainable, responsible, and inclusive mining
Tyler Morning Telegraph | 2022-01-11, 17:51
RIYADH, Saudi Arabia, Jan. 11, 2022 (GLOBE NEWSWIRE) -- The Kingdom of Saudi Arabia, under the patronage of the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud, convened the inaugural Future Minerals Forum (FMF), in Riyadh from January 11
Inflation expectations play a vital role in regulating households’ consumption behaviour and consequent savings: RBI’s WPS
An increase in the households’ inflation expectations impacts their savings in debt-based instruments, like bank term deposits, negatively, according to a study by Reserve Bank of India (RBI) officials. This indicates households reduced preference for bank
System loopholes may weaken organic exports
With the European Union blacklisting five Indian organic certification agencies and concerns being raised over the country’s process, India’s organic exports may not achieve a 10-fold increase in next five years unless the Union government takes stringent
‘Mango exports to US could top past shipments’
India’s export of mangoes to the US, which is set to resume after a gap of two years following a joint protocol on irradiation of the fruit, is likely to surpass exports worth $ 4.7 million in 2019-20, according to the Commerce & Industry Ministry. The
Myanmar pulses trade urges India to hike annual quota for imports of tur, urad
Anticipating higher output of tur (pigeon pea) and urad (black matpe) in 2022, Myanmar pulses exporters want the Indian Government to enhance its annual import quota for these. Last year, India - the largest producer and consumer of pulses - had signed a
Stocks Rebound as Traders Buy Back in Before Fed Testimony
LONDON—Global stocks recovered some of their recent losses on Tuesday and government bond yields retreated as investors bought back into
Oil Approaches $82, With Demand Recovery Seen on Track
LONDON—Oil rose to nearly $82 a barrel on Tuesday, supported by tight supply and hopes that rising coronavirus cases and the spread
Nov trade gap hits record high
THE Philippines' trade gap reached a record high of $4.70 billion in November 2021, according to preliminary official data released on Tuesday. The Philippine Statistics Authority (PSA) data showed imports grew 38.8 percent year on year to $10.97 billion while
Natural Gas Markets Have Second Elevated Day in a Row
Natural gas markets have gone back and forth during the trading session on Tuesday, eventually settling on dropping a bit. That being said, we are currently hanging around the $4.05 level, just as we did during the previous session. Because of this, the market
Crude Oil Markets Continue to Find Buyers
WTI Crude Oil The West Texas Intermediate Crude Oil market has rallied a bit during the course of the trading session on Tuesday, and as you can see, we are reaching towards the $80 level above. That being said, the market is more than likely going to continue
Silver Markets Rally to Reach Above $22.50
Silver markets rallied a bit during the trading session on Tuesday as we continue to look at the area underneath as massive support, especially near the $22 level. At this point, the market extends down to the $21.50 level, so think of that as a support zone
Gold Markets Continue Consolidation
Gold markets have rallied a bit during the trading session on Tuesday as we await the Jerome Powell testimony in front of Congress, but quite frankly at this point in time it looks like we are simply willing to go back and forth overall, and I do think that
NMP mobilizes relief operations for Typhoon Odette victims
Over 200 displaced families in Barangay Canipaan, Hinunangan, Southern Leyte were assisted by the National Maritime Polytechnic (NMP) this month. The victims were among the thousands of families
Silver Gains More Ground As Dollar Pulls Back
Silver ETF Continues To Move Higher Silver is currently trying to settle above the resistance at $22.60 while U.S. dollar is losing ground against a broad basket of currencies. Meanwhile, iShares Silver Trust is trying to settle above $20.90. The U.S. Dollar
Real American Hardwood Coalition Selects CANVAS United to Develop New Consumer Website
Maryville Daily Forum | 2022-01-11, 16:06
PITTSBURGH--(BUSINESS WIRE)--Jan 11, 2022-- The Real American Hardwood Coalition (RAHC), a domestic, industry-wide promotion initiative for Real American Hardwood™ products, has selected CANVAS United as its digital agency to develop a consumer-facing website
U.S. voices misgivings on EastMed gas pipeline -Greek officials
ATHENS, Jan 11 (Reuters) - The United States has expressed misgivings on a subsea pipeline designed to supply Europe with natural gas from the eastern Mediterranean, Greek government sources said, in an apparent U-turn over a project supported by the Trump
Russia's container shipments hit record high amid global logistics crisis
MOSCOW, Jan 11 (Reuters) - Russian Railways saw a 34.4% jump to record high container volumes last year as it helped Asian manufacturers deliver goods
Iraq to boost southern oil export capacity from second quarter - source
LONDON, Jan 11 (Reuters) - Iraq, OPEC's second-largest oil producer, will be able to boost exports by as much as 250,000 barrels per day (bpd) from the second quarter after finishing the installation of pumping stations at its Gulf ports, an Iraqi oil
Germany's chancellor must show leadership on Russia - Ukraine envoy
BERLIN, Jan 11 (Reuters) - Germany's new Chancellor Olaf Scholz must show more leadership in the conflict between Russia and Ukraine, and take bold steps to force the Kremlin to the negotiating table rather than just rely on dialogue, Kiev's envoy to
Latvia reports African swine fever in 19 wild boars - OIE
PARIS, Jan 11 (Reuters) - Latvia reported 19 cases of African swine fever (ASF) in wild boars across the country in
ADM announces plan to build carbon dioxide pipeline
CHICAGO, Jan 11 (Reuters) - Archer-Daniels-Midland Co (ADM.N) said on Tuesday it had signed a letter of intent with Wolf Carbon Solutions to build a pipeline that would capture and transport carbon dioxide produced at ADM's ethanol facilities at Clinton
Coal to make up 85% of total U.S. power capacity to be retired in 2022 ...
Jan 11 (Reuters) - Coal-fired plants will account for about 85% of total U.S. power capacity scheduled for retirement this year with natural gas and renewables taking a greater share of the
India's fuel demand rose 0.4 pct y/y in December
Jan 11 (Reuters) - India's December fuel demand rose about 0.4% year-on-year, data from the oil ministry's Petroleum Planning and Analysis Cell showed on Tuesday. Fuel consumption, a proxy for oil demand, totalled 18.43 million tonnes, down 2.7% from
Baltic index slides to 9-month low as rates drop across vessel segments
Jan 11 (Reuters) - The Baltic Exchange's dry bulk sea freight index (.BADI) dropped to its lowest level since April 2021 on Tuesday, weighed down by weaker demand across all vessel segments. * The overall index, which factors in rates for
Germany needs greater immigration to avoid labour shortages - minister
BERLIN, Jan 11 (Reuters) - Germany will need increased immigration to prevent severe labour shortages from undermining productivity and endangering a successful energy transition, its economy minister said as Europe's largest economy faces a demographic
Crypto can’t beat gold as an inflation hedge, says Barrick boss
The world’s second-biggest gold miner is confident
Glencore, Anglo and BHP complete Cerrejon coal transaction
Diversified miner and commodity trader Glencore on Tuesday
DPL Assembles Market Leaders Avantis Investors, Barclays and Security Benefit Life to Introduce Innovative Asset ...
Ellensburg Daily Record | 2022-01-11, 15:40
LOUISVILLE, Ky.--(BUSINESS WIRE)--Jan 11, 2022-- DPL Financial Partners (“DPL”), the leading turnkey insurance platform for registered investment advisors (RIAs), announced the introduction of a new and innovative U.S. equity index designed to deliver higher
Mark Cuban Doesn’t Believe in Bitcoin’s Role as a Hedge Against Inflation
Some cryptocurrency investors believe Bitcoin is a hedge against inflation, but American billionaire Mark Cuban doesn’t think the narrative is true. Bitcoin Will Never Be a Hedge Against Inflation The owner of the Dallas Mavericks, Mark Cuban, has come out to
Weak Payrolls Saved Gold. For How Long?
On Thursday (January 6, 2022), I wrote that “the metal may find itself under hawk fire in the upcoming weeks”. Indeed, gold dropped sharply in the aftermath of the publication of the FOMC minutes. As the chart below shows, the hawkish Fed’s signal sent the
Is The “don’t fight the Fed” Approach Still Good for Traders?
Just as experienced traders and investors were on board with the Fed easing and propping up the economy, they are now not wanting to stand in the way as the Fed tries to slow things down a bit. Wall Street insiders are hoping to get more clues as to just how
Near-empty flights crisscross Europe to secure landing slots
The Salem News | 2022-01-11, 15:18
BRUSSELS — Europe’s sky is filling up with near-empty polluting planes that serve little other purpose than safeguarding airlines’ valuable time slots at some of the world’s most important airports. The highly contagious omicron variant of COVID-19 has put
Commodity prices stabilized in December—Pink Sheet (World Bank Group)
) Email Share Tweet Share Comment Energy prices dropped 3% in December, led by declines in US natural gas (-25.6%), LNG (-16.3%), and oil (-8.8%), the World Bank's Pink Sheet reported. Non-energy
