Shortage of Asia-Made Jute Bags Threatens Nigerian Cocoa Exports

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Shortage of Asia-Made Jute Bags Threatens Nigerian Cocoa Exports

That harvest would require at least 3.6 million jute bags, which would cost about $9.5 million at current prices, according to a Bloomberg calculation.
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Ark's Wood Says Bitcoin Can't Be Shut Down, Rebuts ESG Fears

Star investor Cathie Wood has a message of reassurance for Bitcoin investors amid the din of ever harsher regulatory rhetoric: officials won’t be able to make the largest cryptocurrency go away. Tough talk against digital tokens from China and calls for greater …
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Reverse Mortgages and Their Largest Misconceptions

A reverse mortgage is a special type of home loan for homeowners who are 62 or older. Similar to a traditional mortgage, it allows homeowners to convert their home equity into cash to use for renovations, healthcare fees, and other expenses. It differs …
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Klarna's quarterly transaction value nearly doubles in Q1

Klarna’s gross merchandise volume (GMV) – the value of transactions made using its payment platform – nearly doubled to $18.9 billion in the first quarter from $9.9 billion a year ago. The number of U.S. consumers …
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Gold subdued as dollar, yields tick up ahead of US inflation data

Spot gold was down 0.2% at $1,893.07 per ounce by 0308 GMT. Bullion has risen 0.7% so far this week, and was on track for its fourth straight weekly gain. · U.S. gold futures eased 0.1% to $1,896.20.
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