Recent Posts

Kenya mulls introducing world’s first tea futures contracts

  Bloomberg Kenya, the world’s biggest exporter of black tea, is considering introducing the world’s first futures contracts for the leaves to help stabilize prices and enable growers to guarantee income from their production. INTL FCStone Inc., based in New York, has held talks with industry representatives in the East African nation about introducing the derivatives, Stuart Ponder, senior vice ...

Read More »

Cows to feast on French wheat as rains threaten crop quality

  Bloomberg European cows may soon be feasting on more French wheat as downpours threaten to reduce the quality of the grain used to make bread. The deluge that recently hit crops in the European Union’s biggest producer has the potential to reduce the grain quality, adding to global supplies of wheat used to feed animals, said Peter McMeekin, an ...

Read More »

EU readies to avoid chaos

  Bloomberg German Finance Minister Wolfgang Schaeuble said European Union policy makers have safeguards in place to avoid “chaotic developments” should Britons vote to leave the bloc. “Ultimately you have to wait for Britons to decide and then you have to respect the decision,” Schaeuble told reporters after a speech at the Institute for the World Economy in Kiel, Germany. ...

Read More »
Send this to a friend