According to reports quoting trade sources, India exported a record 1.4 million tonnes of wheat in April, bringing some relief to grain markets as buyers hunt for alternatives to Black Sea supply hit hard by the Ukraine conflict. The first month… Read More ›
Sustainability
Amid A Worldwide Supply Problem, Malaysia May Halve Its Palm Oil Export Tariff
Malaysia’s commodities ministry has proposed halving the export tariff on palm oil to help alleviate a worldwide edible oil shortfall and boost the country’s market dominance. In an interview with Reuters on Tuesday, Plantation Industries and Commodities Minister Zuraida Kamaruddin… Read More ›
Baby Formula ‘Crisis’ In The US Due To Worsening Shortages
Due to an increasing shortage of the special milk, major US pharmacies have banned sales of baby formula. In recent weeks, CVS and Walgreens have put limits on the number of cans customers can purchase at one time. In February,… Read More ›
Lack Of Disease Treatment Cause Of Death For At Least 3,000 In Ukraine: WHO
At least 3,000 people have died in Ukraine as a result of a lack of access to chronic disease medications, according to the World Health Organization’s European leader. According to Hans Kluge, a WHO official who spoke at a regional… Read More ›
SoftBank Expected To Post Hefty Vision Fund Loss Due To Tech Sell-Off
SoftBank Group Corp of Japan is expected to disclose a devastating loss at its Vision Fund investment unit on Thursday, according to analysts, after investors sold off the fund’s high-growth firms on concerns about their profits potential. With the technology… Read More ›
Research Shows Four-Fifths Of EM Funds Are Still Invested In Russian Stocks
According to Copley Fund Research, fewer than a fifth of actively managed developing market equities funds have reduced their exposure to Russian companies to zero, with a handful of funds unwilling to sell completely. After Western nations implemented sweeping sanctions… Read More ›
Japan Claims Following Up On Russia’s Oil Embargo Will Be Challenging
Japan’s economy, commerce, and industry minister, Koichi Hagiuda, warned on Thursday that immediately following on a move to cut off Russian oil supplies over the Russian invasion of Ukraine would be “tough.” After the European Union’s executive recommended the strongest package of… Read More ›
Asian Stocks See Significant Outflows In April For The Fourth Month In A Row
Predictions of a hawkish Fed policy and fears about the impact of China’s lockdowns on regional economy caused Asian equities to suffer large foreign capital outflows in April. Refinitiv data for stock exchanges in Taiwan, India, South Korea, the Philippines, Vietnam, Indonesia,… Read More ›
Britons Reduce Purchasing Meat And Fish Due To High Cost Of Living
In order to conserve money, Britons are buying less meat, fish, and poultry as the cost of living rises. According to market research firm NielsenIQ, volume sales of meat, fish, and poultry fell 13% year over year in the four… Read More ›
BP Reports Soaring Profits Amid Growing Calls For Windfall Tax
After oil and gas prices skyrocketed, BP’s profits for the first three months of this year more than doubled. The energy behemoth posted an underlying profit of $6.2 billion, up from $2.6 billion in the previous quarter and well ahead… Read More ›