Palm oil output and stocks, already lagging robust demand due to rains in top Southeast Asia producers, could be made worse should the cooking ingredient become the next target for emerging markets seeking to buy big and dampen adverse effects of booming world food prices.
China may speed up its soybean imports after the Lunar New Year and slow its vegetable oil buys as floods cut off palm oil supply in Malaysia and if port strikes further stall Argentine soyoil exports.
Unemployment, poverty and social injustice are the top global concerns and most people think their country is heading in the wrong direction, according to a new poll.
South African maize futures ended mixed on Tuesday, while the most active wheat future closed lower, in line with international prices.
With ongoing turmoil in Egypt, a friendly between the U.S. men's national team and Egypt scheduled for February 9 has been canceled.
National Geographic, the magazine from Washington-based National Geographic Society (NGS), in partnership with an adventure travel company, Mountain Travel Sobek, is offering adventure trips to more than 60 destinations in the world.
Shark populations continue to decline due to unregulated fishing, much of it to meet the high demand for fins. A new analysis finds that the international plan, which was approved by members of UNFAO in 2001, has yet to be fully implemented.
Tiger Woods could not have hand-picked a better place to launch his 2011 PGA Tour campaign than Torrey Pines for this week's Farmers Insurance Open where he will be seeking a record seventh victory.
American Express Co reported quarterly earnings that narrowly missed Wall Street estimates and said it would cut 550 jobs as it handles more customer services on the Internet.
American Express Co
said on Wednesday that severance costs and other charges related to shutting down customer service centers would reduce fourth-quarter earnings.Wheat and grain farmers in Argentina have called for a seven-day strike to protest the government’s export quotas which they say prevents them for taking advantage of rising global food prices and keeps domestic prices artificially low.
China has lent more money to developing nations than the World Bank in the past two years, the Financial Times said on Tuesday, underlining Beijing's ambitions to increase its global influence.
Every time you fill up your car this winter you are participating in the biggest taxpayer swindle in history. Only a policy created in Washington DC could drive up the prices of gasoline and food, with the added benefits of costing the American taxpayer billions in tax subsidies and killing people in 3rd world countries.
China dumped plans to import several million tonnes of expensive corn and South Korea unveiled cuts in import tariffs on some products, underscoring the dilemma over how to tackle rising food prices.
Barcelona and Argentina star Lionel Messi became the inaugural winner of the FIFA Ballon d'Or - the FIFA Men's World Player of the Year 2010, Jose Mourinho won the Men's Coach of the Year award.
Jared Lee Loughner, who is held responsible for the killing of six people including a federal judge and critically wounding Gabrielle Giffords, Democratic Congresswoman from the state, is variously described as a right wing extremist, a mentally deranged killer, an anti-government fanatic, a white supremacist and as a die-hard leftist who adored Che Guevara.
India's will overtake the U.S. in forty years in terms of GDP at purchasing power parities (PPP) while China will sail past its financial and political rival as early as 2018, a PricewaterhouseCoopers (PWC) report said on Friday.
Food prices around the world reached record highs last year, according to the United Nations Food and Agriculture Organisation (FAO).
The principal transport union in Bolivia, The Drivers' Confederation, has called for an indefinite strike to protest against the government’s decision to sharply raise the price of fuel.
China Tel will be putting $62 million into selling internet protocol telephony in Peru, via its subsidiary Perusat.
The euro crisis is far from over and the peripheral members of the euro zone should temporarily exit the currency bloc and get their financial houses in order, said a Pimco bond fund manager. Otherwise, current policies are ineffective in the absence of fiscal unity and will likely lead to a break-up of the euro.
What the Federal Reserve giveth, Obama taketh away.
