The Anglo-Swiss trading giant and subsidiary of mining Glencore has formally pleaded guilty to seven counts of bribery involving oil operations across five African countries on Tuesday. Glencore Energy admitted … Read more
Bhutan’s Ministry of Economic Affairs said the country is experiencing grain shortage and increased fuel import costs because of the Ukraine war. Economic Affairs Minister Loknath Sharma said that the … Read more
Swiss-owned mining corporation Glencore pleaded guilty to charges of foreign bribery and market manipulation schemes. International A.G. Glencore and Glencore Ltd., both part of a multinational commodity trading and mining … Read more
The United Kingdom said it would support Lithuania in its bid to lift the Russian grain blockade in Ukraine. British Foreign Secretary Liz Truss said that the UK has been … Read more
While inflation remains excruciatingly high, the rate of price increases in the US slowed in April, with prices rising 8.3 percent year over year and 0.3 percent month over month, … Read more
Furniture company Ikea has continued to source Russian lumber despite its pledge to pause all imports from and exports to the country. Development Manager Purchasing at Ikea Robert Olsson confirmed … Read more
Russian ships have continued to unload oil in Europe despite the European Union’s proposed complete import ban on all Russian oil. Gazprom announced Sunday that the company has continued delivering … Read more
Soybean oil prices soared on Friday as Indonesia banned the export of palm oil to address local shortages. Soybean oil is considered to be an easy substitute for palm oil. … Read more
India’s Wholesale Price Index inflation reached 14.55 percent in March as prices of oil and gas products increased. The inflation rate for all commodities increased by 3.25 percent from 13.11 … Read more
Egg prices have significantly increased due to the infectious bird flu outbreak across the United Stated and the persisting war in Ukraine. The price for national trading of a truckload … Read more