Wheat Faces Monday Pressure
Wheat Faces Monday Pressure
The wheat complex was under pressure on Monday. Chicago SRW futures were 8 to 9 cents lower across most contracts to start the week. KC HRW futures were 6 to…
Cocoa Prices Sharply Lower on Favorable Weather in West Africa
Cocoa Prices Sharply Lower on Favorable Weather in West Africa
March ICE NY cocoa (CCH26) on Monday closed down -403 (-6.42%), and March ICE London cocoa #7 (CAH26) closed down -321 (-7.05%).Cocoa prices sank on Monday as rains in West…
Sugar Prices Pressured as India Boosts Sugar Production and Crude Oil Declines
Sugar Prices Pressured as India Boosts Sugar Production and Crude Oil Declines
March NY world sugar #11 (SBH26) on Monday closed down -0.15 (-0.99%), and March London ICE white sugar #5 (SWH26) closed down -3.00 (-0.70%).Sugar prices settled lower on Monday due…
Energy Demand Concerns Undercut Crude Oil Prices
Energy Demand Concerns Undercut Crude Oil Prices
January WTI crude oil (CLF26) on Monday closed down -0.62 (-1.08%), and January RBOB gasoline (RBF26) closed down -0.0198 (-1.13%).Crude oil and gasoline prices were under pressure on Monday, with…
Stocks Fall Ahead of US November Payroll Report
Stocks Fall Ahead of US November Payroll Report
The S&P 500 Index ($SPX) (SPY) on Monday closed down by -0.16%, the Dow Jones Industrials Index ($DOWI) (DIA) closed down by -0.09%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down by -0.51%. …
Sugar Prices Decline on Higher Indian Production and Weakness in Crude
Sugar Prices Decline on Higher Indian Production and Weakness in Crude
March NY world sugar #11 (SBH26) today is down -0.16 (-1.06%), and March London ICE white sugar #5 (SWH26) is down -3.20 (-0.75%).Sugar prices are falling today amid higher Indian…
The giant heat pumps designed to warm whole districts
The giant heat pumps designed to warm whole districts
Meet the biggest heat pumps in the worldChris BaraniukTechnology ReporterMVV EnergieMVV Energie is building the world's most powerful heat pump systemsThe pipe that will supply the heat pump, drawing water…
UK launches taskforce to ‘break down barriers’ for women in tech
UK launches taskforce to ‘break down barriers’ for women in tech
Liv McMahonTechnology reporterThe government has launched a new taskforce it says will help women "enter, stay and lead" in the UK tech sector.Led by technology secretary Liz Kendall, it will…
Thousands of drivers wrongly fined for speeding since 2021
Thousands of drivers wrongly fined for speeding since 2021
Archie MitchellBusiness reporterThousands of drivers could have speeding fines cancelled after a fault saw some cameras falsely triggered on English A roads and motorways.National Highways said it had found 2,650…
Ford to scale back electric vehicle plans, taking $19.5bn hit
Ford to scale back electric vehicle plans, taking $19.5bn hit
Danielle KayeBusiness reporterFord is backing away from plans to manufacture large electric vehicles, the US carmaker said on Monday, citing lacklustre demand and recent regulatory changes under US President Donald…
UK and South Korea strike trade deal
UK and South Korea strike trade deal
Emer Moreau,business reporterandJonathan Josephs,business correspondentDepartment for Business and TradeTrade minister Chris Bryant and his Korean counterpart Yeo Han-koo announced the deal in LondonThe UK and South Korea have finalised a…
Furlough not perfect but prevented mass unemployment, Sunak says
Furlough not perfect but prevented mass unemployment, Sunak says
Michael RaceBusiness reporterRishi Sunak has said not all jobs could be saved during the Covid-19 pandemic, but the government was able to prevent mass unemployment.The former prime minister, who was…