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Oil crash means more misery ahead for US shale producers

New York - An unprecedented crash in oil prices is adding pressure to already stressed US producers, threatening key shale regions and putting vulnerable companies at risk of going under.

Kiwis cheesed off at surging cauliflower costs

Wellington - The coronavirus pandemic has upended life for billions, but New Zealanders tolerating strict lockdown laws have drawn the line at surging cauliflower prices and are demanding the government act.

French fries may be in short supply after poor potato harvest

Cold, wet weather and the impact of Hurricane Dorian have damaged potato crops in the United States and Canada. That means smaller and fewer potatoes, and smaller spuds are harder for french fry processors.

Iceland tops Europe as most expensive

Reykjav - The hot springs of Iceland are not the only thing making tourists sweat, as a look at the hotel or lunch bill will tell you that most things cost more, sometimes much more, than anywhere else in Europe.

Egypt hikes fuel prices as part of austerity drive

Apo - Egypt on Saturday announced new hikes on fuel prices as part of austerity measures tied to an IMF loan as it seeks to cut subsidies and reduce its public debt.

Bitcoin’s rise could be due to price manipulation

A new study suggests the dramatic rise of cryptocurrency prices during 2017, which included bitcoin, ethereum, and altcoins, may have been the result of price manipulation.

Argentina's Macri vetoes curbs on utility prices amid IMF talks

Buenos Aires - Argentina's President Mauricio Macri on Thursday vetoed a law placing curbs on prices of electricity, gas and water, citing a need for fiscal discipline.

Saudis see oil price on rise as Trump blasts OPEC

Jeddah - Saudi Energy Minister Khaled al-Faleh said Friday the global market has the capacity to absorb higher oil prices, drawing a swift reaction from US President Donald Trump who accused OPEC of inflating prices.

Crude prices jump after US strike on Syria

Singapore - Oil prices rallied on Friday after the United States launched a missile strike against Syria, sparking fears that an escalation of the conflict in the crude-rich Middle East could disrupt supplies.

Dozens protest rising fuel prices in Syria capital

Damascus - Dozens of protesters gathered in Damascus on Sunday for a rare demonstration in front of Syria's parliament against a 40 percent hike in fuel prices announced last week.

Nobel-winning economist Deaton's controversial aid ideas

Stockholm - New Nobel economics laureate Angus Deaton is an optimist about economic progress but his theory that poor countries' development could be accelerated by cutting international aid has triggered controversy.

Starbucks raises price of some of its drinks

Seattle - Feeling the pain? You're not alone. Your morning coffee just got a little more expensive. Starbucks, the nation's largest cafe chain, raised the price of most of its drinks by as much as 20 cents on Tuesday.

FTSE 100 sets record on Tuesday but fails to hold it on Wednesday

After approval of economic reform proposals submitted by Greece helped the FTSE 100 reach record-breaking levels yesterday, it has fallen back considerably throughout the course of today, with shares in some major companies dropping by nearly 10 percent.

Argentina moves to impose price, production controls

Buenos Aires - Argentina's Senate on Thursday passed a bill sponsored by President Cristina Kirchner that would empower her government to regulate prices and production to combat high inflation, drawing sharp objections from the private sector.

Pig virus threatens U.S. outdoor grilling season

New York - A dark cloud is menacing the cherished U.S. summer season of outdoor grilling: a deadly pig virus that has been sweeping through farms and driving up pork prices.

Pig virus threatens US outdoor grilling season

New York - A dark cloud is menacing the cherished US summer season of outdoor grilling: a deadly pig virus that has been sweeping through farms and driving up pork prices.

Small roaster leads way on price hikes as coffee surges, Starbucks resists

The biggest arabica coffee rally in two decades is beginning to force smaller-brand roasters to quietly raise wholesale prices, even as top names such as Starbucks Corp <SBUX.O> resist.

U.S. producer prices fall, offer little sign of inflation pressure

U.S. producer prices fell in February, dragged down by falling costs for services and offering little sign of a pickup in inflation pressures.

U.S. import prices post largest gain in a year

U.S. import prices rose more than expected and recorded their largest gain in a year in February as petroleum soared, but there was little sign of a broad pick-up in imported inflation.

China's home price rises ease for first time in 14 months

China's home price rises eased for the first time in 14 months in January, the latest sign that the government's more than four-year campaign to rein in property risk may finally be starting to bite.

Consumer prices rise marginally

Consumer prices rose in January as unseasonably cold weather boosted demand for electricity and heating fuel, but inflation pressures remained muted.

Producer prices edge up in January

Producer prices rose for a second straight month in January, pushed up by an increase in the cost of goods, but there was little sign of a broad pick-up in inflation pressures at the factory gate.

Canada move to cut retail price gap with U.S. seen ineffective

Proposed legislation to crack down on companies that unjustifiably charge more for goods in Canada than in the United States has raised eyebrows among experts on the issue as it is seen as being ineffectiv...

World food prices fall amid strong supplies and production: UN

Rome - World food prices fell in January for the first time for three months, because plenty of food is reaching markets and production looks good, the UN's food agency said on Thursday.But demand, notably in Asia is rising.A key price index fell by 1.

Gas prices in America drop 4 cents in two weeks

In the United States the average price of gasoline dropped over the past two weeks, mainly due to large falls in states in the midwest.

250,000 people protest in cities across Brazil

Protests against price hikes and massive expenditure on sporting events snowballed yesterday as hundreds of thousands of people demonstrated in cities across Brazil.

USDA weighs sugar bailout that may boost candy prices

In the US, the USDA is considering buying around 400,000 tons of sugar in order to limit supply and boost prices so sugar producers can pay back loans, which they are in danger of defaulting on, to the government.

Milk prices may double soon

Come January 1, milk prices could rise to $6 to $8 gallon if the US Congress does not pass a new farm bill that amends farm policy datingall the way back to the Truman presidency.

Study finds that Walmart's prices beat Amazon's prices

A study found that shoppers can find better deals at Walmart than Amazon, both on the internet and at Walmart superstores.

Watermelons a business opportunity for developing countries?

A debilitating shortage of watermelons in Japan might just be one golden opportunity poor developing countries need to make some much needed cash.
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The New England Journal of medicine
Statistics Canada
The price of eggs is soaring  higher than a chicken can fly.
The price of eggs is soaring "higher than a chicken can fly."
JAVA HUT: Photo shows a company-owned Starbucks cafe in Orange  Calif.  in the offices of the old Or...
JAVA HUT: Photo shows a company-owned Starbucks cafe in Orange, Calif., in the offices of the old Orange Daily News, in 2012.
Cbl62 / Wikimedia

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