Bloomberg The world’s food-import bill is set to tumble to a seven-year low in 2016 as a decline in grain prices and lower freight rates more than compensate for increased imports, according to the United Nations. Countries around the globe will probably spend $986 million importing food this year, the first drop below $1 trillion since 2009, the UN’s ...

  Bloomberg Brazil’s industrial output unexpectedly rose in April, adding to indications that Latin America’s largest economy is close to hitting bottom. Production rose 0.1 percent in April after a 1.4 percent jump in March, the national statistics agency said on Thursday in Rio de Janeiro. That surprised all but one of the 37 economists surveyed by Bloomberg, whose median ...

  Bloomberg Filings for U.S. unemployment benefits declined for a third consecutive week, signaling sustained firming in the labour market. Jobless claims fell by 1,000 to 267,000 in the week ended May 28, a Labor Department report showed on Thursday. The median forecast of economists surveyed by Bloomberg called for applications to edge up to 270,000. Dismissals have been unusually ...