Facing public pressure, palm oil firms are going green - study

Facing public pressure, palm oil firms are going green - study

Of the seven commodities sectors driving deforestation, palm oil companies are doing the most to alleviate their environmental impact following years of public pressure, a study by a global...
March 21, 2021 at 02:31 pm IST
S.Africa's Northam Platinum sets out five-year output growth plan after profit bonanza

S.Africa's Northam Platinum sets out five-year output growth plan after profit bonanza

South African miner Northam Platinum reported a surge in half-year profit on Friday and said it plans to accelerate capital spending to boost output and take advantage of rising metals prices....
March 19, 2021 at 08:28 pm IST
Higher prices stall gold demand in India; activity dim elsewhere

Higher prices stall gold demand in India; activity dim elsewhere

Physical gold demand was subdued in India this week as a rebound in domestic prices kept consumers away, while activity in other top hubs also remained lacklustre....
March 19, 2021 at 05:44 pm IST
Northam Platinum :  S.Africa's Northam Platinum sets out five-year output growth plan after profit bonanza

Northam Platinum : S.Africa's Northam Platinum sets out five-year output growth plan after profit bonanza

South African miner Northam Platinum reported a surge in half-year profit on Friday and said it plans to accelerate capital spending to boost output and take advantage of rising metals prices. ...
March 19, 2021 at 11:48 am IST
More than beans:  Nestle recycles cocoa fruit waste to replace sugar in chocolate

More than beans: Nestle recycles cocoa fruit waste to replace sugar in chocolate

As confectionery groups scramble to reduce added sugar, chocolate sweetened with cocoa fruit pulp is about to hit supermarket shelves with food giant Nestle ready to launch its Incoa bar....
March 19, 2021 at 01:04 am IST
India, Vietnam rice rates gain on robust demand; Bangladesh eyes stocks

India, Vietnam rice rates gain on robust demand; Bangladesh eyes stocks

Rice export prices rose for the Indian and Vietnamese varieties this week boosted by a pick-up in demand, while Bangladesh issued a fresh tender to stock up supplies....
March 18, 2021 at 07:43 pm IST
Gold eases on firm dollar, yields as Fed verdict looms

Gold eases on firm dollar, yields as Fed verdict looms

Gold prices fell on Wednesday, hurt by elevated U.S. bond yields and a firmer dollar, as markets turned their attention to the outcome of the Federal Reserve's monetary policy meeting later in the...
March 17, 2021 at 10:55 pm IST
Gold eases on firmer dollar; Fed verdict eyed

Gold eases on firmer dollar; Fed verdict eyed

Gold edged lower on Tuesday, pressured by an uptick in the dollar, as investors awaited policy cues from a two-day U.S. Federal Reserve meeting. ...
March 16, 2021 at 11:03 pm IST
Morocco's Managem takes 65% stake of Sudan's Gabagba Gold mine

Morocco's Managem takes 65% stake of Sudan's Gabagba Gold mine

Morocco's leading mining firm Managem said on Tuesday it has completed a deal with China's Wanbao mining to control 65% of Sudan's Gabgaba gold mine extension projects....
March 16, 2021 at 06:44 pm IST
Oil slips, retreats from gains notched on strong Chinese data

Oil slips, retreats from gains notched on strong Chinese data

Oil prices edged lower on Monday, pulling back from early gains fostered on strong Chinese economic news and ongoing supply restraint from major oil producers....
March 16, 2021 at 01:31 am IST
Gold edges up as yields ease, focus turns to Fed meeting

Gold edges up as yields ease, focus turns to Fed meeting

Gold prices ticked up on Monday as U.S. Treasury yields backed off recent highs, countering pressure from a resilient dollar, as investors awaited further policy cues from the Federal Reserve's policy...
March 15, 2021 at 10:19 pm IST
Ivory Coast rains will improve quality of cocoa mid-crop, farmers say

Ivory Coast rains will improve quality of cocoa mid-crop, farmers say

Above-average rains mixed with sun last week in most of Ivory Coast's cocoa-growing regions stood to boost the quality of the April-to-September mid-crop, farmers said on Monday....
March 15, 2021 at 06:20 pm IST
Top Glove Bhd :  Malaysian rubber glove group says demand to oustrip supply until 2023

Top Glove Bhd : Malaysian rubber glove group says demand to oustrip supply until 2023

Malaysia, the world's biggest rubber gloves manufacturer, is racing to increase production to close a supply gap caused by the coronavirus pandemic that it warns could last until into 2023. ...
March 15, 2021 at 12:28 pm IST
Egypt aims to produce 7.2 billion cubic feet of natural gas per day in 2021/22

Egypt aims to produce 7.2 billion cubic feet of natural gas per day in 2021/22

Egypt aims to produce 7.2 billion cubic feet of natural gas per day in the 2021-2022 financial year which starts in July, the petroleum ministry said on Sunday....
March 14, 2021 at 05:07 pm IST
Oil settles near $70/bbl on hopes of recovering demand

Oil settles near $70/bbl on hopes of recovering demand

Oil settled near $70 a barrel on Friday, supported by production cuts by major oil producers and optimism about a demand recovery in the second half of the year....
March 13, 2021 at 02:19 am IST
Gold falls, pressured by rising U.S. bond yields, dollar

Gold falls, pressured by rising U.S. bond yields, dollar

Gold prices slipped on Friday as a surge in U.S. Treasury yields and a stronger dollar dented demand for non-yielding metal, although bullion was heading for its first weekly rise in four....
March 12, 2021 at 10:34 pm IST
Gold slumps to 9-month trough as yields, dollar erode appeal

Gold slumps to 9-month trough as yields, dollar erode appeal

Gold prices slid 1% on Monday to a nine month-low, as the dollar and U.S. treasury yields continued their march higher and prompted investors to dump the non-yielding metal....
March 08, 2021 at 09:05 pm IST
Gold holds near 9-month low as yields, dollar gain further

Gold holds near 9-month low as yields, dollar gain further

Gold fell to its lowest in nine months on Friday after better-than-expected U.S. employment data bolstered the dollar and U.S. Treasury yields, putting bullion on course for its third straight weekly...
March 05, 2021 at 10:49 pm IST
Indian gold buyers pile in as prices dip to one-year low

Indian gold buyers pile in as prices dip to one-year low

Retail consumers in India continued to buy up physical gold this week as prices retreated to a near one-year low, while lower rates also injected fresh activity in other hubs, especially Singapore. ...
March 05, 2021 at 10:23 pm IST
Kashmir's copper craftsmen hope for better times after lockdown ends

Kashmir's copper craftsmen hope for better times after lockdown ends

The end of lockdown brought some relief for Kashmir's traditional copper utensil makers, renowned for their immaculate craftsmanship, but their industry is under threat and their earnings low. ...
March 05, 2021 at 04:40 pm IST