Wheat Falls Lower on Wednesday
Wheat posted Wednesday weakness, as futures saw a delayed response to USDA’s added world production from Tuesday. Chicago SRW futures poste losses of a nickel in the front months on…
Stocks Rally as Fed Cuts Interest Rates and Boosts Liquidity
The S&P 500 Index ($SPX) (SPY) on Wednesday closed up by +0.67%, the Dow Jones Industrials Index ($DOWI) (DIA) closed up by +1.05%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up by +0.42%. …
Corn Pulls Back on Wednesday
Corn futures gave back some of the Tuesday gains, with contracts own 3 to 4 cents on Wednesday, as soon to expire December was down 6 cents. The CmdtyView national…
Arabica Coffee Finds Support on Reduced Brazil Coffee Exports
March arabica coffee (KCH26) on Wednesday closed up +3.55 (+0.96%), and January ICE robusta coffee (RMF26) closed down -7 (-0.17%).Coffee prices on Wednesday settled mixed. Arabica coffee found support on…
Cocoa Prices Soar as the Global Supply Outlook Tightens
March ICE NY cocoa (CCH26) on Wednesday closed up +339 (+5.76%), and March ICE London cocoa #7 (CAH26) closed up +239 (+5.62%).Cocoa prices soared on Wednesday, hitting 1-month highs. Cocoa…
Trump launches $1m ‘gold card’ immigration visas
Osmond ChiaBusiness reporterPresident Donald Trump has launched a scheme offering fast-tracked US visas to wealthy foreigners who can pay at least $1m (£750,000).The card will give buyers a "direct path…
The Swiss city that lets you pay for most things with bitcoin
John LaurensonBusiness reporter, Lugano, SwitzerlandAFP via Getty ImagesShops and restaurants across the Swiss city of Lugano now accept bitcoinIn a McDonald's by a lake surrounded by mountains, in the centre…
Shell facing first UK legal claim over climate impact of fossil fuels
Matt McGrathEnvironment correspondentGetty ImagesVictims of a deadly typhoon in the Philippines have filed a legal claim against oil and gas company Shell in the UK courts, seeking compensation for what…
Shares in AI giant Oracle fall after revenue miss
Lily JamaliNorth America Technology Correspondent, San FranciscoShares of cloud computing giant Oracle plunged more than 10% in after-hours trading on Wednesday after the company's revenues fell short of Wall Street…
GSK boss says US is the best country to invest in
Simon Jack,Business editorandArchie MitchellWatch: GSK boss Dame Emma Walmsley lays out competitions facing the UKThe US is the best place for a business to invest, the boss of one of…