11h ago
Iron ore fell below US$100 a metric ton for the first time in 14 months as China’s moves to clean up its heavy-polluting industrial sector drive down demand for the steel.
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Most Popular Articles
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18h ago
4:55Oil drops on signs of rising Russian exports and dollar gains
Oil declined amid Russia’s plans to boost upcoming overseas oil sales and as the dollar rallied.
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Sep 16
8:15StatsCan says wholesale sales dropped in July as lumber prices fell
Statistics Canada says wholesale sales fell 2.1 per cent to $70.1 billion in July, as building material and supplies sales plunged due to a drop in prices for softwood lumber.
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Sep 16
Oil ended the session unchanged after choppy trading with traders focused on adjusting positions in U.S. crude options ahead of expiration.
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Sep 16
3:16Climate change may halve sugar and coffee output by 2099
Production of key crops including sugar and coffee could drop by as much as 59 per cent in the long-term due to climate change, according to a report by the Stockholm Environment Institute, while wheat output may increase.
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Sep 15
6:16DIY-ers benefit from lower prices in aftermath of lumber price correction
Homeowners who resisted the urge to renovate during the first 18 months of the pandemic may find now is their chance, as lumber prices that soared to dizzying heights in the spring have crashed back down to earth.
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Sep 15
Conglomerate Grupo Mexico SAB and Canada’s Hudbay Minerals Inc. are among final bidders competing to acquire a Spanish copper miner from Trafigura Group, people with knowledge of the matter said.
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Sep 15
5:50Oil rallies with depleting U.S. inventory signaling tight supply
Oil jumped amid indications of a rapidly tightening market after a U.S. government report showed a bigger-than-expected decline in crude stockpiles.
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Sep 13
4:41Commodities surge again; spot price index hits decade high
After a summer breather, the commodities that the world relies on for construction, manufacturing and keeping the lights on are surging again.
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Sep 9
Harvard University will stop investing in fossil fuels and instead use its giant US$42 billion endowment to support the green economy, joining a growing wave of investors moving away from pollutive industries.
