Thursday, December 3, 2020
U.S. cocoa futures have rallied more than 30 percent in 2018 so far, sharply outperforming other core U.S. commodities on signs of improving demand and forecasts for a smaller global surplus. Benchmark ICE Futures U.S. New York cocoa futures have rallied around 34 percent since the end of 2017 to...
London's benchmark share index, the FTSE 100, has fallen 1% amid signs of greater volatility on the financial markets. The fall comes after sharp losses for US shares on Friday, when the Dow Industrials lost 2.5%. That was the biggest one-day loss since June 2016. On Friday the markets were spooked by...
US President Donald Trump has blocked a planned takeover of chipmaker Qualcomm by Singapore-based rival Broadcom on grounds of national security. His order cited "credible evidence" that the proposed $140bn (£100bn) deal "threatens to impair the national security of the US". There were concerns the takeover could have led to China...
A Birmingham Airport-bound passenger plane declared an emergency in mid-air - after suffering a cracked windscreen. Flight number BM1424, a BMI Regional service from Nuremberg, declared the emergency over Coventry, reports the Coventry Telegraph . It landed safely at Birmingham shortly before 4pm on Thursday. The twin-engined Embraer ERJ-145 was carrying 15 passengers at...
The UK economy grew by just 0.3% at the start of the year, the slowest growth rate since the first three months of 2016, according to official figures. The Office for National Statistics said that the slower pace in the January-to-March period was due mainly to the service sector, which...
The United States government has made available about 2,500 kilograms of medical cargo and supplies provided by the U.S. Naval Medical Research Unit Three (NAMRU-3) Ghana Detachment. The items, delivered by the U.S. Air Force C-130J aircraft from the 86th Airlift Wing in Ramstein Air Base, Germany, which arrived at...
US employers added 261,000 jobs in October, a solid gain that nevertheless fell short of expectations. Analysts had expected a sharp increase in hiring, after hurricanes Irma and Harvey depressed payroll growth in September. Wage growth was also slower than expected, while the number of people not in the labour force...
Lawyers for US President Donald Trump are seeking to stop the release of a book containing damaging allegations about his administration. Fire and Fury: Inside the Trump White House is due for release on Tuesday. It cites former top aide Steve Bannon as describing a meeting with a group of Russians...
US President Donald Trump has said he does not blame China for the "unfair" trade relationship between the countries, despite long railing against the economic imbalance. Speaking in Beijing, he gave China "credit" for working to benefit its citizens by taking advantage of the US. He spoke alongside China's president Xi...
Hapag Lloyd, the world’s 5th largest shipping line, is now utilising the expanded connectivity, capacity and capabilities of the MPS Terminal 3 at the Tema port to tranship the traffic between South Africa and Europe in Tema. This is in fulfilment of the decision announced by Hapag-Lloyd on 1st October...
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