4 گھنٹے پہلے
Wheat Futures Slide as Russia Shifts Grain Exports to Baltic and Arctic Ports
Russia is moving to develop alternative grain export routes via Baltic terminals such as Ultramar, which can handle 37 million tons, and through the Murmansk port, which is expected to begin loading grain next month. The developments weighed on wheat futures overnight. Weekly U.S. export inspections for corn and soybeans rose from the prior week, while the spring wheat harvest is nearly complete.
4 گھنٹے پہلے
4 گھنٹے پہلے
Iran offers conditional Hormuz reopening; Brent slips over 2% to near $98 a barrel
Iran has offered to reopen the Strait of Hormuz if the United States eases military pressure, Reuters reported. After the report, Brent crude fell more than 2% to trade near $98 a barrel. The strait carries about 20 million barrels of oil per day and around one-fifth of global LNG trade. A reopening would ease supply concerns, reduce inflation pressure, weigh on oil prices and support gold.
4 گھنٹے پہلے
4 گھنٹے پہلے
Peloton to launch $2,195 Tread Flex as it bets on running to revive sales
Peloton said it will release its cheapest treadmill yet, the $2,195 Tread Flex, priced about $1,000 below its current lineup and marking the company’s first foldable device. The company also announced upgrades to the Tread Vision and the higher-end Tread+ Vision, completing a refresh of its treadmill range. The North American at-home treadmill market is forecast to grow 40% to $5.6 billion by 2030.
4 گھنٹے پہلے
6 گھنٹے پہلے
West of England businesses warn profits squeezed as petrol nears £2 per litre
Global oil prices have climbed above $108 per barrel, up roughly 50% from June, amid the Middle East conflict, pushing up fuel costs. Petrol prices in southwest England have risen in tandem, with some stations charging close to £2.40 per litre and Bristol averaging £1.70. Taxi drivers and volunteer charities say operating costs have jumped, squeezing margins and prompting more customers to compare quotes.
6 گھنٹے پہلے
6 گھنٹے پہلے
India Ganesh Chaturthi gold sales drop 15% as prices jump about 60% to Rs 1.57 lakh per 10 grams
Gold prices in India rose about 60% year on year during Ganesh Chaturthi, climbing from Rs 98,000 to Rs 1.57 lakh per 10 grams. The surge pushed festival gold sales down about 15% from a year earlier as buyers cut quantities or shifted to lighter jewellery. Demand for coins and bars, however, showed signs of improvement as some consumers continued to allocate money to gold.
6 گھنٹے پہلے