China's baby formula plan hits foreign producers

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China's baby formula plan hits foreign producers

Sydney-based infant formula maker a2 Milk lost A$930m (US$650m) in market value on Tuesday following a pledge by Beijing to increase the proportion of domestically manufactured baby milk powder sold in China, a crucial market for global dairy …
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Gas prices decrease to 15 cents at Mobil stations

Stay connected by signing up for PDN’s text alerts. Get breaking news updates and read about trending stories sent to you as a text message to your wireless device. Carly Champaco-Munoz, Pacific Daily News. Gas prices decreased by 15 cents Tuesday, …
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FTSE 100 lower as oil majors weaken, Hargreaves tumbles

(Reuters) – London’s FTSE 100 fell half a percent to the lowest in almost three months as worries about trade and economic growth continued to dominate stock markets, while money manager Hargreaves Lansdown was hurt by the suspension of one of Neil …
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Stocks Mixed as Headwinds Persist; Treasuries Slip: Markets Wrap

The Bloomberg Dollar Spot Index fell 0.1% to the lowest in three weeks. The euro gained 0.3% to $1.1274, the strongest in almost seven weeks.
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PRECIOUS-Gold firms near 3-month peak on slowdown fears, Fed rate views

… * SPDR posts best one-day percentage gain in nearly 3 years. * Platinum hits two-week high. * U.S. Fed rate cut bets rise after weak U.S. data (Adds comment, updates prices). By Brijesh Patel. June 4 (Reuters) – Gold prices edged up on Tuesday, hovering …
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