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  • Exclusive: U.S. sorghum armada U-turns at sea after China tariffs
    Reuters2 days ago

    Exclusive: U.S. sorghum armada U-turns at sea after China tariffs

    By Karl Plume and P.J. Huffstutter CHICAGO (Reuters) - Several ships carrying cargoes of sorghum from the United States to China have changed course since Beijing slapped hefty anti-dumping deposits on U.S. imports of the grain, trade sources and a Reuters analysis of export and shipping data showed. Sorghum is a niche animal feed and a tiny slice of the billions of dollars in exports at stake in the trade dispute between the world's two largest economies, which threatens to disrupt the flow of everything from steel to electronics. The supply-chain pain felt by sorghum suppliers on the Pacific, Atlantic and Indian oceans underscores how quickly the mounting trade tensions between the U.S. and China can impact the global agricultural sector, which has been reeling from low commodity prices amid a global grains glut.

  • James Comey’s new book “A Higher Loyalty” offers four key lessons in leadership
    Quartz2 days ago

    James Comey’s new book “A Higher Loyalty” offers four key lessons in leadership

    In the midst of the Twitter attacks by Donald Trump and his unceremonial firing by the US president in 2017, it’s easy to lose sight of the fact that in his 30-plus year career, James Comey prosecuted mafia members, worked in the private sector as the head lawyer for defense contractor Lockheed Martin and later…

  • Cheap Stocks To Invest In
    Simply Wall St.4 days ago

    Cheap Stocks To Invest In

    Avino Silver & Gold Mines and Ginger Beef are companies that are currently trading below what they’re actually worth. There’s a few ways you can measure the value of aRead More...

  • Benzinga4 days ago

    Is Your Investment Portfolio Missing Commodities?

    If you’re already an investor, commodity trading can serve to diversify your portfolio. Commodities can be anything from oil, gold and silver to coffee, sugar and wheat. Unlike certain investments, commodities ...

  • China is taking aim at American farmers in its trade war with the US
    Quartz5 days ago

    China is taking aim at American farmers in its trade war with the US

    In the escalating trade war between China and the US, Beijing is taking aim at American farmers, a key support group for Donald Trump. Today (April 17), the Chinese commerce ministry announced the importers of US sorghum must pay a hefty deposit worth 178.6% of the value of shipments, effective tomorrow. The preliminary action follows…

  • Is India’s obsession with the cow getting your goat?
    Quartz5 days ago

    Is India’s obsession with the cow getting your goat?

    The cow has for long been a part of Indian politics. In recent years, with the rise of Hindu nationalism, it has turned into an obsession. So much so that, besides being a religious motif, the bovine has also become central to the Narendra Modi government’s approach to the development of agriculture and, in turn,…

  • Bitcoin Struggles at $8,000, with Optimism Holding Back Bigger Losses
    FX Empire5 days ago

    Bitcoin Struggles at $8,000, with Optimism Holding Back Bigger Losses

    Bitcoin struggling early, but the losses are not enough to raise alarm bells, the Bitcoin Bulls buying their time to gauge whether the U.S tax deadline will spur a rally later today.

  • TheStreet.com8 days ago

    Despite High-Flying Oil Prices, Commodities as a Whole Aren't Expensive

    The commodity complex is offering some values.

  • Reuters9 days ago

    Terra Firma seeks premium for ‘Project Ribeye’ Australian farm sale

    British private equity firm Terra Firma [TERA.UL] is aiming to raise more than A$1 billion ($775 million) for its Australian cattle stations, sources said, arguing for a hefty mark-up that has already priced at least one local party out of the process. With first round bids due imminently, the high expectations could leave foreign bidders in the box seat, testing the government's appetite for foreign ownership of sensitive assets less than two years after it rejected China-led bids for a major energy grid and agricultural company. Terra Firma, which bought Consolidated Pastoral Co (CPC) in 2009, is seeking a 20 percent-plus premium to a 2017 asset valuation, two people with direct knowledge of the sale said, arguing that some land can be developed to grow high-yielding crops.

  • Reuters9 days ago

    Terra Firma seeks premium for ‘Project Ribeye’ Australian farm sale

    British private equity firm Terra Firma [TERA.UL] is aiming to raise more than A$1 billion ($775 million) for its Australian cattle stations, sources said, arguing for a hefty mark-up that has already priced at least one local party out of the process. With first round bids due imminently, the high expectations could leave foreign bidders in the box seat, testing the government's appetite for foreign ownership of sensitive assets less than two years after it rejected China-led bids for a major energy grid and agricultural company. Terra Firma, which bought Consolidated Pastoral Co (CPC) in 2009, is seeking a 20 percent-plus premium to a 2017 asset valuation, two people with direct knowledge of the sale said, arguing that some land can be developed to grow high-yielding crops.

  • Reuters12 days ago

    VEGOILS-Market factors to watch Apr 10

    The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets. FUNDAMENTALS * Malaysian palm oil futures fell on profit-taking on Monday evening, snapping three ...

  • Google plans to ban cryptocurrency mining extensions from the Chrome Web Store
    Digital Trends19 days ago

    Google plans to ban cryptocurrency mining extensions from the Chrome Web Store

    Google is cracking down on Chrome extensions with a cryptocurrency mining component, blocking new submissions starting now and de-listing current extensions by the end of June. Why? Blame the malicious developers.

  • It happened so quietly, you may have missed it: Botswana has a new president
    Quartz20 days ago

    It happened so quietly, you may have missed it: Botswana has a new president

    Botswana quietly acquired a new president over the weekend. On Saturday March 31, now former president Ian Khama stepped down as his term ended ahead of next year’s election. Without incident, new president Mokgweetsi Masisi was sworn in on Sunday April 1. The smooth transition means the new president gets to work immediately. Masisi’s top…

  • China’s blockchain ambitions are revealed in the sheer number of patent applications
    Quartz24 days ago

    China’s blockchain ambitions are revealed in the sheer number of patent applications

    How hot is blockchain in China? “Even vendor aunties selling vegetables are talking about blockchain” is a saying spreading widely on social media—and it isn’t much of an exaggeration. Chinese companies, if not street hawkers, are racing to file patents tied to the technology that makes it hard to tamper with information. Last year more…

  • The woman who made simple cooking widely popular 235 years before Martha Stewart
    Quartz25 days ago

    The woman who made simple cooking widely popular 235 years before Martha Stewart

    Long before Julia Child taught the world to embrace butter or Martha Stewart demonstrated how to make centerpieces out of pine cones, Hannah Glasse wrote a domestic guide for cooking and entertaining she hoped would “improve the servants and save the ladies a great deal of trouble.” Glasse’s The Art of Cookery Made Plain and…

  • As trade tensions mount, China soybean buyers devise contingency plans
    Reuterslast month

    As trade tensions mount, China soybean buyers devise contingency plans

    Chinese buyers of soybeans, the United States' biggest agricultural export to the country, are quietly drawing up contingency plans to ensure supplies of critical raw materials in the event of a trade war, sources said. At least two trading houses have started buying more rapeseed meal, an alternative ingredient used to make animal feed, in case the oilseed is a target of retaliation by Beijing, sources at the company familiar with the strategies said. "It is an obvious choice to seek other protein sources.

  • Tree rings, a famous poem, and lots of lava help explain why Iceland abandoned paganism
    Quartzlast month

    Tree rings, a famous poem, and lots of lava help explain why Iceland abandoned paganism

    The imagery is intense: A sun seemingly stamped from the sky, acid rain leaking into homes, and widespread famine as the land sank into the sea. These are accounts of the weather around 940 CE, shortly after volcanic activity in Iceland triggered a massive lava flood. Now, well over a thousand years later, a team…

  • A Kenyan mother, two disappearing Indian businessmen, and the battery factory that poisoned a village
    Quartzlast month

    A Kenyan mother, two disappearing Indian businessmen, and the battery factory that poisoned a village

    There is the kind of lead poisoning that creeps into water supplies, builds up in children’s blood streams, and, if sustained, will impair their brains. And then there is the kind, much rarer, that makes fully grown adults drop dead. Phyllis Omido didn’t know about either kind when, starting in 2007, several children in Owino…

  • Melinda Gates: When money flows into the hands of women, everything changes
    Quartz2 months ago

    Melinda Gates: When money flows into the hands of women, everything changes

    I have spent many hours talking with colleagues in international development about how to tear down the barriers that block women’s progress around the world. Now, we’re confronting the fact that every sector, including our own, has a serious problem with sexual harassment and violence. The norms that allow these abuses are the same ones…

  • Watch out, cows. Yeast is gunning to be the next dairy disruptor
    Quartz2 months ago

    Watch out, cows. Yeast is gunning to be the next dairy disruptor

    A microscopic organism is poised to challenge a centuries-old sector of the food industry, potentially putting a lot of cows out of business. Perfect Day, a Silicon Valley food-technology startup, is aggressively seeking to change how people think about traditional dairy products by reconfiguring some of the key components of how they are made. After…

  • Reuters2 months ago

    Row over Kenyan oil revenues threatens to delay production

    In the decades before oil was discovered in the northern Kenyan region of Turkana South, 100,000 poor villagers living in arid scrubland relied on a lone church-run health centre in Lokichar town for medical help. Since Tullow Oil found crude there six years ago, the London-listed company has funded a 40-bed referral hospital, school classrooms and dormitories, provided village water points graded roads, and paid for scholarships to generate goodwill. Seeing the potential benefits of oil, residents of the poorest of Kenya's 47 counties now want the central government to make up for decades of neglect by ploughing nearly a third of expected oil revenues back into Turkana.

  • Kamal Haasan gives the south Indian identity a new political dimension
    Quartz2 months ago

    Kamal Haasan gives the south Indian identity a new political dimension

    Tamil actor Kamal Haasan is called Ulaga Nayagan, a global star, by fans in his home state of Tamil Nadu. Many may disagree over this supposed “global” appeal. But within India, the star could pull reasonable crowds, and not just in Tamil Nadu. And fittingly, as he finally dived into active politics on Feb. 21,…

  • Japan’s fear of China and North Korea is helping Texas’s “Cowtown”
    Quartz2 months ago

    Japan’s fear of China and North Korea is helping Texas’s “Cowtown”

    Japan plans to buy at least 20 more F-35A stealth fighters over the next six years, according to a report by Reuters yesterday. What’s most notable about the news is not the number of jets, but where they will be made and assembled. In December 2011, Tokyo announced it would replace its aging military jets…

  • Australia's Santos profit soars, flags China LNG sales push
    Reuters2 months ago

    Australia's Santos profit soars, flags China LNG sales push

    Santos Ltd, Australia's No. 2 independent gas producer, reported a more-than-fivefold rise in annual underlying profit on Wednesday, and flagged it may soon be in a position to revive its dividend and embark on growth. Two years of deep cost cuts and a rebound in oil and gas prices have helped Santos escape from a massive debt overhang and put it in a better position to fend off predators, like private equity-backed Harbour Energy. Chief Executive Kevin Gallagher said the company has had no further contact with Harbour since it rebuffed a A$9.5 billion offer last year, and noted that its share price was now above the tentative A$4.55 a share offer.

  • Reuters2 months ago

    Australia's Santos profit soars, flags China LNG sales push

    Santos Ltd, Australia's No. 2 independent gas producer, reported a more-than-fivefold rise in annual underlying profit on Wednesday, and flagged it may soon be in a position to revive its dividend and embark on growth. Two years of deep cost cuts and a rebound in oil and gas prices have helped Santos escape from a massive debt overhang and put it in a better position to fend off predators, like private equity-backed Harbour Energy. Chief Executive Kevin Gallagher said the company has had no further contact with Harbour since it rebuffed a A$9.5 billion offer last year, and noted that its share price was now above the tentative A$4.55 a share offer.