Latest Commodity markets News
The AP is setting up a sister organization seeking grants to support local and state news
NEW YORK (AP) — The Associated Press says it is setting up a sister organization that will seek to raise money in support of state and local news reporting, as the crisis in that sector shows little sign of abating. The organization, which will have a board of directors independent...
Australia anticipates China will lift final obstacle for exports as they ease past 2020 row
CANBERRA, Australia (AP) — Australian Trade Minister Don Farrell on Wednesday predicted the final obstacle for exports to China, Beijing’s ban on live lobster imports, will be lifted soon after Chinese Premier Li Qiang visits the country. The return of lobsters to the Chinese...
She's the world's most expensive cow, and part of Brazil's plan to put beef on everyone's plate
UBERABA, Brazil (AP) — Brazil has hundreds of millions of cows, but one in particular is extraordinary. Her massive, snow-white body is watched over by security cameras, a veterinarian and an armed guard. Worth $4 million, Viatina-19 FIV Mara Movéis is the most expensive cow ever...
Tens of billions of dollars in gold flows illegally out of Africa each year, a new report says
DAKAR, Senegal (AP) — Billons of dollars in gold is smuggled out of Africa each year and most of it ends up in the United Arab Emirates, where it is refined and sold to customers around the world, according to a report published Thursday. Over $30 billion worth of gold, or more...
Mining giant BHP Billiton makes $39 billion bid for Anglo American to expand copper operations
LONDON (AP) — Shares in U.K.-based mining giant Anglo American surged Thursday after it received a 31 billion-pound ($39 billion) takeover approach from rival BHP Billiton, a deal that would create the world’s biggest copper miner, with around 10% of global output — a hugely lucrative market...
