A fresh supply squeeze is set to hit another food pleasure - the hazelnuts that go into making the chocolaty Nutella spread.

Prices of coffee and cocoa have also soared – buffeted by unpredictable weather. Read more at straitstimes.com. Read more at ...

As a reminder, the top G10 FX performers during the worst of April's volatility were the Swiss franc, the euro and the yen - in that order. The dollar was broadly offered. And yesterday's FX price ...

Greece’s power grid operator on Thursday pushed back against mounting criticism over its demand that Cyprus cover part of the costs for the undersea electricity interconnection project linking Cyprus, ...

Wildfires are a global problem that requires a global solution. But as with other critical issues, capitalist governments are ...

Turkey’s consumer price index (CPI) inflation officially stood at 35.05% year on year in June versus 35.41% y/y in May and 44 ...

Turkey’s inflation continued its downward trend in June, with lower food costs helping to draw down the rate of rising prices. Consumer prices rose by just 1.4 percent for the month, taking annualised ...

Dassault Aviation is able to sustain a production rate of four Rafale fighter jets a month well into the 2030s, or about 44 a year, Citi said. The company has secured significant orders and is ramping ...

The cooling trend could reassure policymakers at the Turkish central bank, which held its key rate in May after hiking it in April. Annual inflation in June 2024 was at 71.6%, near recent highs. Write ...

The cooling trend could reassure Turkey’s central bank, which held its key rate in May after hiking it in April.

Central planning thwarts Iran’s economy. Many Iranian government officials blame their nation’s economic demise on Western ...

Central banks added a net 20t to global gold reserves in May, an uptick from the previous month, though overall pace has ...