Tag: commodity
Commodity company pays fine for corruption
The Swiss commodities group is in the process of shaking off its corrupt past through a multi-billion dollar settlement with American and Brazilian authorities. A credible new beginning? Bad business…
Toronto futures lower on weak commodity prices
June futures on the S&P/TSX were down 0.7% at 7:00 a.m. ET. Oil prices fell as recession fears gripped global financial markets, outweighing supply concerns and geopolitical tensions in Europe,…
The EU is trying to cut off global trade in Russian oil – with consequences for the Swiss commodity trading center
The member states of the EU are struggling to stop imports of Russian oil. However, other bans are also being discussed, with which global trade should be made more difficult…
Commodity currencies hit by falling oil prices, bitcoin near 10-month low
The Australian dollar fell as low as $0.6920, its weakest level since July 2020, after falling 1.7% overnight, which CBA analysts attributed to lower global asset prices. “The backdrop of…
Prince Harry: his new employees broken by his methods, “They made us a commodity”
This is a new disappointment for Prince Harry. According to our colleagues from the Daily Beast, the husband of Meghan Markle would be in the crosshairs of the employees of…
The World Bank predicts commodity prices will remain high until the end of 2024
Food and energy prices, whose rise has been exacerbated by the war in Ukraine, could remain high for several years, the World Bank estimates, in a report published Tuesday 26…
Commodity trader Blackstone is said to have manipulated share prices
Swiss commodities trader Blackstone Resources is said to have illegally boosted its share price. According to the Financial Market Authority (Finma), the company has also published sponsored buy recommendations. Blackstone…
Podcast “Learned something again”: Empty shelves? “Biggest commodity crisis since World War II”
Empty shelves in supermarkets “Biggest commodity crisis since World War II” By Kevin Schulte 04/08/2022, 1:28 p.m In some supermarkets, shelves are downright empty. From the food industry it is…
New trade relations important: World commodity market dependent on Russia
New trade relations important World commodity market dependent on Russia 04/03/2022, 11:00 a.m For many countries, Russia is not just a gas supplier. Germany and the world market have long…
Record Commodity Prices: Is It Worth Investing?
«Means & Purpose» – Good money for a good life Luke Sustala You are reading an excerpt from the «Means & Purpose» newsletter. At «Mittel & Zweck» we want to…
Commodity traders between panic and profits
The war in Ukraine is shaking up the commodity markets. As a result, Switzerland, as one of the largest trading centers for commodities, is also affected. Typically, traders prioritize profits…
Consequences for commodity markets too: the Ukrainian economy is threatened with a dramatic slump
Also consequences for commodity markets The Ukrainian economy is threatened with a dramatic slump 03/14/2022, 6:48 p.m Even a quick end to the war can’t change anything: According to a…